Circle, a Bengaluru-based platform for buying and selling pre-owned products, has raised ₹3.4 crore in a pre-seed funding round led by Titan Capital. Raveen Sastry, Co-founder of Myntra, also participated.
The company will deploy the capital to strengthen its AI verification stack, including guided pricing, automated condition grading, and catalog matching. Circle is currently focused on electronics and household categories and plans to expand to more cities by 2026.
Founded in 2025 by Ankit Misra and Chirag Kataruka, Circle aims to simplify C2C transactions, a space often marked by fake listings, incomplete product details, and lack of buyer-seller protection. The platform verifies listings through AI, manages doorstep pickup and delivery, and ensures secure payment flows.
Sellers on Circle can list items in minutes, receive pricing support, and get payouts once the product is picked up and verified. Buyers receive verified products with doorstep delivery and payment protection.
Circle has onboarded more than 17,000 users since its soft launch in Bengaluru in August 2025. Electronics, furniture, appliances, and home goods are currently the most active categories.
India’s pre-owned goods market is valued at ₹1.6 lakh crore, with more than 70 million people transacting used products every month. Despite this scale, the user experience remains inconsistent across platforms. Circle aims to streamline this through a full-stack operational model.
Commenting on the company’s vision, Co-founder Chirag Kataruka said Circle wants to make pre-owned transactions as smooth and safe as buying new products. A Titan Capital spokesperson said growing product replacement cycles in Indian households make this an important consumer opportunity.
