India, Sept. 8 -- Climatetech startup Circolife has netted $4.5 Mn (around Rs.40.45 Cr) in a pre-Series A round led by Polycab India's joint MD Bharat Jaisinghani.

The round also saw participation from Nazara founder Nitish Mittersain, Intelliquity Ventures, Param Capital, Everest Fleet's founder Siddharth Ladsariya, Anand Ladsariya of Everest Flavours, Indian Express' executive director Anant Goenka, Sky Impact Capital, Ideas91's founder Rohit Dev, and family offices S N Damani and Vyom Wealth, among others.

The Thane-based startup plans to deploy the fresh capital to expand its AC (air conditioning) fleet, enter new markets, scale its in-house installation and field-service operations, and invest in its IoT and AI capabilities.

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