Circle Raises Rs 3.4 Crore in Pre-Seed Funding, Set to Revolutionize Pre-Owned Marketplace

The pre-owned product market in India is about to get a major upgrade. Bengaluru-based startup Circle, a full-stack platform for buying and selling pre-owned goods, has raised Rs 3.4 crore in a pre-seed funding round led by early-stage venture capital firm Titan Capital. Adding star power to the round, Raveen Sastry, Co-founder of Myntra, also participated, signaling strong confidence in Circle’s vision.

Founded in 2025 by Ankit Misra and Chirag Kataruka, Circle is gearing up to transform the C2C marketplace by making pre-owned transactions safer, smarter, and more convenient.

A New Era for Buying and Selling Pre-Owned Products

Circle’s platform is designed to address the major pain points of customer-to-customer (C2C) transactions. Buyers and sellers often struggle with uncertainty, fraud, and complicated logistics when trading second-hand products. Circle tackles these challenges head-on with a full-stack solution that includes AI-verified listings, managed doorstep logistics, and secure payment flows.

The platform promises a frictionless experience, giving users peace of mind while buying or selling pre-owned goods—a factor that experts believe could reshape the second-hand marketplace in India.

Backed by Titans of the Industry

The participation of Titan Capital, known for investing in early-stage high-potential startups, highlights the confidence in Circle’s business model and market potential. Raveen Sastry’s involvement adds credibility, leveraging his experience in scaling e-commerce platforms like Myntra.

Investors are betting on Circle’s ability to bridge the trust gap in C2C marketplaces, making it easier for users to trade pre-owned products without fear of scams or delays.

Why Circle Could Be a Game-Changer

India’s pre-owned product market is booming, driven by cost-conscious consumers and growing awareness about sustainable consumption. Circle positions itself at the intersection of technology, convenience, and trust, giving it a competitive edge over traditional marketplaces and informal resale channels.

Key features that set Circle apart include:

• AI-verified listings ensuring authenticity and reducing the risk of fraud
• Managed logistics that handle pickups and deliveries efficiently
• Secure payment flows protecting both buyers and sellers

Experts believe these features could drive mass adoption among users who were previously hesitant to engage in C2C transactions.

What’s Next for Circle

With fresh funding in hand, Circle plans to scale operations across India, expand its tech capabilities, and strengthen its logistics network. The startup is also exploring strategic partnerships with e-commerce and retail players to enhance its service offerings.

The founders have made it clear that their vision extends beyond just buying and selling pre-owned goods. Circle aims to create a trusted, technology-driven ecosystem for second-hand transactions, giving the platform potential to dominate the C2C segment.

The Bigger Picture

Circle’s pre-seed funding round comes at a time when India’s second-hand market is seeing exponential growth. With rising environmental awareness, consumers are increasingly choosing pre-owned products, creating a massive opportunity for startups like Circle.

Analysts suggest that the combination of AI verification, logistics management, and secure payments could make Circle one of the most trusted platforms in India’s pre-owned economy, setting it apart from competitors.

A Startup to Watch

Circle is not just another C2C platform—it’s a tech-driven marketplace designed for the next generation of pre-owned buyers and sellers. With Rs 3.4 crore in pre-seed funding, support from industry veterans, and a strong vision for growth, Circle is poised to redefine how Indians trade pre-owned products.

Investors, consumers, and tech enthusiasts should keep a close watch on Circle as it scales up to become a dominant player in India’s pre-owned marketplace.