India, Oct. 14 -- Pre-owned goods marketplace Circle has raised Rs.25 Cr (about $2.6 Mn) in a seed funding round led by Nexus Venture Partners, with participation from existing investors Titan Capital and Myntra cofounder Raveen Sastry. Delhivery COO Ajith Pai also joined the round as an angel investor.

The startup will use the fresh capital to expand beyond Bengaluru and strengthen its AI-powered pricing, product discovery, and verification tools. It also plans to expand its logistics network and Trust Hubs, which handle product verification and fulfillment.

Founded in 2025 by Chirag Kataruka and Ankit Misra, Circle operates a managed marketplace for pre-owned goods, handling product verification, payments and logistics for transaction...