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Apparel & Fashion Startup 'Culture Circle' earns $2 million in Seed round

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The streetwear and sneaker marketplace Culture Circle has secured $2 million in its seed round, which was led by Info Edge Ventures and included angel investors.

The money raised will go toward strengthening our authentication system, growing the premium fashion community, and adding more pieces to the inventory.

Culture Circle is a luxury e-commerce platform that was founded in 2023 by Devansh Jain Nawal and Ackshay Jain. It has a database of 3.5 million listings and a network of over 3,500 dealers. The platform concentrates in high-end fashion items like bags, jackets, backpacks, and cardholders, as well as shoes and streetwear.

Among the well-known brands that are available at Culture Circle are Louis Vuitton, Common Projects, Dior, Supreme, Nike, and Yeezy.

Through a trial program targeted at worldwide expansion, the startup, which has its headquarters in Delhi NCR, has entered six overseas markets: Qatar, Oman, the UAE, Singapore, the UK, and Thailand.

People can compare pricing and get special offers on labels like Nike, Adidas, Jordans, On, Yeezy, Supreme, Balenciaga, and Dior through Culture Circle's proprietary SourceX platform.

Recently, Haber Industrial robotics maker Haber has raised $44 million in its Series C round led by Creaegis, BEENEXT, and Accel. The round was led by Creaegis, BEENEXT, and Accel. The financing consisted of $38 million in equity and $6 million in debt.

The proceeds will be used to scale its operations internationally, particularly in the US, to serve the demand for artificial intelligence-led industrial automation solutions.