Culture Circle

Gurugram, India Founded: 2023 • Age: 3 yrs Minicorn
Online marketplace for mens and womens fashion products is operated.

About Culture Circle

Culture Circle is a Retail company based in Gurugram (India) founded in 2023 by Devansh Jain Nawal and Ackshay Jain. Online marketplace for mens and womens fashion products is operated. Culture Circle has raised $2.51 million across 4 funding rounds from investors including Kunal Bahl, Ritesh Agarwal and Info Edge Ventures. Culture Circle was last valued at $9.47 million in November 2024. Its chief executive, as recorded, is Devansh Jain Nawal. Its website culture-circle.com draws about 1.5 million monthly visits. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include Nykaa Fashion, Exclusively and Twenty Dresses; 2 of its 3 listed competitors have raised funding.

Company details

Culture Circle was founded in 2023 in Gurugram, India, as an e-commerce platform in the fashion sector. A range of products for men and women, including sneakers, shoes, loafers, sneaker care items, and accessories such as bags, caps, belts, beanies, backpacks, and cardholders, is offered through the online catalog. The platform is accessible via applications on iOS and Android devices.

  • Headquarters Gurugram, India
  • Founders Devansh Jain Nawal, Ackshay Jain
  • Stage Minicorn
  • Sectors
    Retail
  • Website category Lifestyle · Fashion and Apparel
  • Email
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  • Phone
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  • Website culture-circle.com
  • Social LinkedIn X
Key Metrics
  • Total Equity Funding
    $2.51M (USD)

    in 4 rounds

  • Latest Funding Round
    $62.81K (USD), Seed

    Jul 2025

  • Investors

Funding Insights of Culture Circle

Culture Circle has successfully raised a total of $2.51M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $62.81 thousand completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $2.51M
  • Total Rounds 4
  • Last Round Seed β€” $62,811
  • First Round $100,126

    (Feb 2024)

  • Investors Count 7

All 4 funding rounds of Culture Circle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2025$62,811Seed–Risify
–
Jan 2025$349,788Angel Round–Kunal Bahl
Nov 2024$2MSeed$9.47MInfo Edge Ventures
Feb 2024$100,126Seed$7.28M–
Valuation history
DateValuationStage
Nov 2024$9.47Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2024$7.28Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $9.47M (Nov 2024). 7 investors in total: 3 institutional and 4 angel.

Investors in Culture Circle

Culture Circle has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Kunal Bahl, Ritesh Agarwal and Info Edge Ventures.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm backed by Info Edge and Temasek
infoedgeventures.inNoida, India
Early-stage tech startups are supported via venture capital and acceleration.
iimaventures.comAhmedabad, India

Kunal Bahl

Co-founder of Snapdeal, Titan Capital, active angel investor in Indian startups
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Ritesh Agarwal

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Ishaan Khosla

Angel investor and entrepreneur, focused on early-stage Indian startups.
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Sanil Sachar

Angel investor, entrepreneur, and author, co-founder of Huddle and Trusox.
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risify.ai
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Investor details for Culture Circle

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Board of directors of Culture Circle

The boards of the 2 registered companies of Culture Circle currently have 2 directors; the longest-serving is Ackshay Jain, appointed in 2018. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ackshay Jain
DIN 08258922
Director16 Oct 20188 yrsAlnourish Healthy Foods Private Limited, Metacircles Technologies Private Limited
Devansh Jain Nawal
DIN 07808407
Director16 Oct 20188 yrsAlnourish Healthy Foods Private Limited, Metacircles Technologies Private Limited

People of Culture Circle

3 people are tracked at Culture Circle (3 in leadership).

NameRoleGroup
Co-Founder & Co-CEOLeadership
Co-Founder & Co-CEOLeadership
Madhura Mukhopadhyay
Chief Of StaffLeadership
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Financials of Culture Circle

Figures of Alnourish Healthy Foods Private Limited, the primary company behind Culture Circle, for FY 2022. Revenue was ₹1.72 Cr (-30% year on year). Net loss was -₹1.44 Cr (-84% margin). EBITDA was -₹1.26 Cr (-73% margin). Revenue has grown at a compounded annual rate of +566% over three years.

  • ₹1.72 CrRevenue · FY 2022 · -30% YoY
  • -₹1.44 CrNet loss · -84% margin
  • -₹1.26 CrEBITDA · -73% margin
  • ₹15,431Paid-up capital
  • +566%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Alnourish Healthy Foods Private Limited are on its company page.

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Detailed financial statements for Culture Circle

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Timeline of Culture Circle

4 dated milestones of Culture Circle across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Culture Circle is founded.
  2. Funding First funding round of $100K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $63K.

Competitors of Culture Circle

Culture Circle has 3 listed competitors in our database, 2 of them funded. They include Nykaa Fashion, Exclusively and Twenty Dresses.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nykaafashion.com2012Mumbai, India514
Online platform for shopping clothing, accessories, gadgets, and home decor items.
exclusively.com2010Delhi, India$19.3M
Indian luxury fashion products are retailed via an online marketplace.
twentydresses.com2012Mumbai, India$1M16
Fashion apparel and accessories for women are retailed online.
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Detailed competitors of Culture Circle

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Web traffic of Culture Circle

The website of Culture Circle (culture-circle.com) receives about 1.5M visits a month and ranks #46,445 among all websites worldwide, #2,266 in Fashion and Apparel.

  • Monthly visits
    1.5M

    ▲ 34.6% vs previous month

  • Unique visitors
    643.4K

    per month

  • Global rank
    #46,445

    among all websites

  • Category rank
    #2,266

    Lifestyle · Fashion and Apparel

Similar websites

Websites whose visitors overlap most with Culture Circle. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
crepdogcrew.com
100%
806.2K#56,402View details
hypefly.co.in
93%
349.1K#111,039View details
superkicks.in
93%
707.7K#46,168View details
findyourkicks.com
89%
42.6K#643,667View details
vegnonveg.com
88%
697.5K#57,500View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Culture Circle

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Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as Culture Circle (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 639.15 M1,031
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 144.58 MUSD 32.66 M711
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Related news about Culture Circle

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Complete news archive for Culture Circle

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Frequently Asked Questions about Culture Circle

Culture Circle was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Culture Circle is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Devansh Jain Nawal is the CEO of Culture Circle, as recorded in our data. They have also founded this company.

Culture Circle is a funded company, having raised a total of $2.51M across 4 funding rounds to date. The company's 1st funding round was a Seed of $100.13K, raised on Feb 2024.

Culture Circle was founded in 2023 in Gurugram, India, as an e-commerce platform in the fashion sector. A range of products for men and women, including sneakers, shoes, loafers, sneaker care items, and accessories such as bags, caps, belts, beanies, backpacks, and cardholders, is offered through the online catalog. The platform is accessible via applications on iOS and Android devices.

Culture Circle's top competitors include Nykaa Fashion, Twenty Dresses and Exclusively.

Culture Circle has 7 investors. Key investors include Kunal Bahl, Ritesh Agarwal, Info Edge Ventures, Ishaan Khosla, and Sanil Sachar.

The valuation of Culture Circle is $9.47M as of Nov 2024.

Culture Circle is associated with 2 legal entities: Alnourish Healthy Foods Private Limited, Metacircles Technologies Private Limited.

The legal entities of Culture Circle currently have 2 directors, including Ackshay Jain, Devansh Jain Nawal.

The website of Culture Circle receives about 1.5 million visits a month and ranks #46,445 among all websites worldwide.

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