Specializing in sneakers, streetwear, and high-end clothing, Culture Circle provides a broad selection of luxury fashion goods. Among the carefully chosen classic brands on the platform are Air Jordans, Yeezy, Louis Vuitton, Dior, Gucci, and Fendi. Apart from shoes, consumers can discover luxury purses, sunglasses, coats, outfits, and newly developing streetwear companies. Every product is checked using SourceX, a proprietary AI-driven authentication system from Culture Circle, therefore guaranteeing a thorough five-step procedure for quality and trust. Designed to appeal to fashion-conscious Indian consumers, the platform seeks to provide a flawless luxury shopping experience together with cheap prices.
Company Name: Culture Circle
Founder: Divansh Jain Nawal & Ackshay Jain
Product: Reselling App
Highlights 1.Offers authenticated shoes, streetwear, purses, sunglasses, coats, dresses, and more in wide range of luxury fashion.
2. Highlights of iconic luxury brands include Air Jordans, Yeezy, Louis Vuitton, Dior, Gucci, Fenty, and Prada.
3. AI-Driven Verification: Ensures product validity by means of a thorough five-stage authentication procedure leveraging the SourceX technology.
4. Competitive pricing allows premium clothes to be more easily available by means of reasonable rates.
5. Rising Popularity: Culture Circle is now a major participant in India’s premium fashion scene thanks to more than a million monthly users and robust social media presence.
Pitch Details
Ask: ₹1.2 Crore for 0.5% Equity (Valuation: ₹240 crores).
Deal: After negotiations Ritesh Agarwal and Kunal Bahl finished the deal at ₹3 crores for 3% equity.
Investors: The investment came from Ritesh Agarwal, and Kunal Bahl
Conclusion:
Offering a wide range of high-end shoes, streetwear, and accessories from top worldwide brands, Culture Circle has become a major participant in India’s luxury fashion scene. The platform gains credibility among its expanding clientele by means of its creative AI-driven authentication mechanism guaranteeing product authenticity. The founders of Shark Tank India have created the conditions for ongoing development and expansion by ensuring targeted investments over a record-breaking offer. Providing an easily available, dependable, quality shopping experience for fashionistas, Culture Circle is positioned to lead in the luxury fashion scene.