About Culture Circle
Culture Circle is a company based in Gurugram (India) founded in 2023 by Devansh Jain Nawal and Ackshay Jain.. Culture Circle has raised $2.51 million across 4 funding rounds from investors including Kunal Bahl, Ritesh Agarwal and Info Edge Ventures. Culture Circle operates in a competitive market with competitors including Nykaa Fashion, Exclusively, Twenty Dresses, SoleSearch and Elitify, among others.
- Headquarter Gurugram, India
- Founders Devansh Jain Nawal, Ackshay Jain
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.51 M (USD)
in 4 rounds
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Latest Funding Round
$62.81 K (USD), Seed
Jul 30, 2025
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Investors
Info Edge Ventures
& 6 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 4
- Last Round Seed — $62,811
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First Round
First Round
(28 Feb 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Seed - Culture Circle | Valuation | Risify |
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| Jan, 2025 | Amount | Angel Round - Culture Circle | Valuation | Kunal Bahl | |
| Nov, 2024 | Amount | Seed - Culture Circle | Valuation | Info Edge Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm backed by Info Edge and Temasek
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Founded Year | Domain | Location | |
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Early-stage tech startups are supported via venture capital and acceleration.
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Founded Year | Domain | Location | |
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KB
Kunal Bahl |
Co-founder of Snapdeal, Titan Capital, active angel investor in Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Culture Circle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Culture Circle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Culture Circle Comparisons
Competitors of Culture Circle
Culture Circle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nykaa Fashion, Exclusively, Twenty Dresses, SoleSearch and Elitify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for shopping clothing, accessories, gadgets, and home decor items.
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| domain | founded_year | HQ Location |
Indian luxury fashion products are retailed via an online marketplace.
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| domain | founded_year | HQ Location |
Fashion apparel and accessories for women are retailed online.
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| domain | founded_year | HQ Location |
Multi-category used fashion products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Online store for international premium and luxury brands
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Culture Circle
Frequently Asked Questions about Culture Circle
When was Culture Circle founded?
Culture Circle was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Culture Circle located?
Culture Circle is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Culture Circle?
Devansh Jain Nawal is the current CEO of Culture Circle. They have also founded this company.
Is Culture Circle a funded 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 $2M, raised on Feb 28, 2024.
What does Culture Circle do?
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.
Who are the top competitors of Culture Circle?
Culture Circle's top competitors include Nykaa Fashion, Twenty Dresses and Exclusively.
Who are Culture Circle's investors?
Culture Circle has 7 investors. Key investors include Kunal Bahl, Ritesh Agarwal, Info Edge Ventures, Ishaan Khosla, and Sanil Sachar.
What is Culture Circle's valuation?
The valuation of Culture Circle is $9.47M as of Nov 2024.