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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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