Fashion commerce startup Culture Circle bags undisclosed amount from Oyo’s Ritesh Agarwal at Rs 100 crore valuation

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Fashion commerce startup Culture Circle has secured an undisclosed amount from Oyo founder and chief executive Ritesh Agarwal at a valuation of over Rs 100 crore, the company said.

The funds will be used for enhancing its artificial intelligence (AI) engine, expanding into new product categories, and entering global markets.

Founded in 2023 by Devansh Jain Nawal, and Ackshay Jain, the Gurugram-based startup operates as a luxury marketplace, enabling users to compare prices across verified sellers offering authenticated sneakers, t-shirts, streetwear,…



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Fashion commerce startup Culture Circle bags undisclosed amount from Oyo’s Ritesh Agarwal at Rs 100 crore valuation



Fashion commerce startup Culture Circle has secured an undisclosed amount from Oyo founder and chief executive Ritesh Agarwal at a valuation of over Rs 100 crore, the company said.

The funds will be used for enhancing its artificial intelligence (AI) engine, expanding into new product categories, and entering global markets.

Founded in 2023 by Devansh Jain Nawal, and Ackshay Jain, the Gurugram-based startup operates as a luxury marketplace, enabling users to compare prices across verified sellers offering authenticated sneakers, t-shirts, streetwear,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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