Circle, a platform for buying and selling pre-owned products, raises Rs 3.4 crore in funding

Circle, a Bengaluru-based full-stack platform for buying and selling pre-owned products, has raised Rs 3.4 cror in a pre-seed funding round led by early-stage VC firm Titan Capital. Raveen Sastry, Co-founder of Myntra, also participated in the round.

Founded in 2025 by Ankit Misra and Chirag Kataruka, Circle is a customer-to-customer (C2C) marketplace designed to make buying and selling pre-owned goods safer and more convenient. The platform enables AI-verified listings, managed doorstep logistics, and secure payment flows that remove the uncertainty and risks typically associated with C2C transactions.

Circle combines AI-led verification with an operational layer that offers quality assurance and accountability across the resale process.

“Indian households today own more products and replace them faster than ever, yet resale remains broken. Circle’s trust-first approach and full-stack model can unlock one of the largest consumer opportunities of this decade,” said a spokesperson for Titan Capital.

On the platform, buyers receive verified products with doorstep delivery and payment protection, while sellers can list items quickly, access transparent pricing and receive instant payouts once their products are picked up and verified.

The startup said its model cuts coordination issues, reduces scams and builds confidence on both sides. Since its soft launch in August 2025, Circle has onboarded more than 17,000 users in Bengaluru, with strong adoption in electronics, furniture, appliances and home goods.

Circle will use the raised capital to strengthen its AI verification stack that includes guided pricing, auto condition grading, and catalog matching, while deepening category depth across electronics and household goods.

Over the next year, the startup aims to focus on its core categories, establish itself as Bengaluru’s default platform for pre-owned goods and expand to additional cities by the end of 2026.

“We are building a C2C platform where trust is built into every transaction. Our goal is simple: make buying pre-owned goods feel as safe and seamless as buying new, while unlocking savings for buyers and income for sellers,” said Chirag Kataruka, Co-founder, Circle.

Circle currently operates only in Bengaluru but plans to expand to other major Indian cities.