When was Circle Internet founded?

Circle Internet was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Circle Internet located?

Circle Internet is headquartered in Bengaluru, India. It is registered at Instaoffice Business Solution Pvt Ltd, 1st Floor, Spd Plaza, 52, Jyoti Niwas College Rd, Bangalore, Koramangala Industrial Layout, Karnataka, India, 560034.

Which legal entities is Circle Internet associated with?

Circle Internet is associated with CIRCLE INTERNET TECH PRIVATE LIMITED.

How many employees does Circle Internet have?

As of Aug 31, 2026, the latest employee count at Circle Internet is 10.

Is Circle Internet a funded company?

Circle Internet is a funded company, having raised a total of $4.77M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 08, 2018.

How much is Circle Internet worth?

The last known valuation of Circle Internet was ₹***** as of Mar 06, 2019.

When was the latest funding round of Circle Internet?

Circle Internet's latest funding was a $***** Series A round on Mar 06, 2019, with participation from 3 investors. Its primary sector is Internet First Media. Globally, the Internet First Media sector has seen $112M in funding in 2026 to date.

What is the annual revenue of Circle Internet?

Annual revenue of Circle Internet is less than ₹10 Cr as on Mar 31, 2024

Where does Circle Internet rank among its competitors?

Circle Internet ranks 8th amongst 827 active competitors, of which 14 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Way2News, which secured $14M in Sep, 2024.

Who are the top competitors of Circle Internet?

Circle Internet's top competitors include YourStory, Way2News and Praja App. Among them, Way2News secured the most recent funding round in September, 2024.

Circle Internet - 2026 Company Profile, Team, Funding, Competitors & Financials

Circle Internet is an acqui-hired company based in Bengaluru (India), founded in 2018 by Gaurav Agrawal, Uchit Kumar and Uchit Kumar. It operates as a Local news portal with a focus on Uttar Pradesh. Circle Internet has raised $4.77M in funding from Elevation Capital and Venture Highway, with last known valuation of ₹*****. The company has 827 active competitors, including 14 funded and 10 that have exited. Its top competitors include companies like YourStory, Way2News and Praja App.

Company Details

Circle Internet is a local news portal with a focus on Uttar Pradesh. Claims to provide videos, and footage of events and news happening within the district. Enables users to share the news through WhatsApp. Also, operates a mobile app to connect with the audience.

Website: circle.page
Social
Email ID: *****@circle.news
Registered Address: Instaoffice Business Solution Pvt Ltd, 1st Floor, Spd Plaza, 52, Jyoti Niwas College Rd, Bangalore, Koramangala Industrial Layout, Karnataka, India, 560034

Key Metrics

Founded Year

2018

Location

Bengaluru, India

Stage

Acqui-Hired

Total Funding

$4.77M in 2 rounds

Latest Funding Round

Series A, Mar 06, 2019, $*****

Last Known Valuation

₹***** as on Mar 06, 2019

Investors

Elevation Capital & 2 more

Ranked

8^th among 827 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2024

Employee Count

10 as on Aug 31, 2026

Similar Companies

Next Door & 6987 more

View Circle Internet's full profile

Circle Internet is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CIRCLE INTERNET TECH PRIVATE LIMITED CIN: U74999KA2018PTC114455 , India, Strike off	Jul 03, 2018	0 - ₹10 Cr (As on Mar 31, 2024)	6 (As on Mar 01, 2022)

Circle Internet has raised a total funding of $4.77M over 2 rounds. Its first funding round was on Aug 08, 2018. Its latest funding round was a Series A round on Mar 06, 2019 for $*****. 3 investors participated in its latest round. Circle Internet has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Circle Internet:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 06, 2019	5174154	Series A	7526136	6081309	4229638	4311263
Aug 08, 2018	1307499	Seed	6319088	6989486	Elevation Capital	8794784

Access funding benchmarks and valuations. Sign up today!

View details of Circle Internet's funding rounds and investors

The founders of Circle Internet are Gaurav Agrawal, Uchit Kumar and Uchit Kumar.

Here are the details of Circle Internet's key team members:

Gaurav Agrawal: Co-Founder of Circle Internet. They are also an angel investor in 4 startups and serve on the board of 1 company.
Uchit Kumar: Former Co-Founder of Circle Internet. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Uchit Kumar: Co-Founder & CTO of Circle Internet and founder of 1 other company.
Contact Info: 1 phone number

Circle Internet's Board of Directors

Circle Internet's board has 3 active members. Shashank Shekhar, Gaurav Agrawal and Uchit Kumar are part of team.

Here is the list of Circle Internet's board of directors:

Name	Type	Representing	Status	Duration
nrgg{xn	Team	-	Past	4y 4m
vrvqteh	Team	-	Past	1y 1m
arjr{ny	Team	-	Past	9y 9m

View details of Circle Internet's Founder profiles and Board Members

Circle Internet's employee count trend

Circle Internet has 10 employees as of Aug 26. Here is Circle Internet's employee count trend over the years:

Employee count trend for Circle Internet

Uncover Circle Internet's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Circle Internet include YourStory, Way2News and Praja App. Here is the list of Top 10 competitors of Circle Internet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	YourStory 2008, Bengaluru (India), Series A	Provider of news, stories, and resources for startups and entrepreneurs	$12M	Kalaari Capital, RNT Capital Advisers & 24 others	68/100
2nd	Way2News 2014, Hyderabad (India), Series B	Provider of short-form news across multiple categories and various languages	$30.8M	WestBridge Capital, SRI Capital & 5 others	67/100
3rd	Praja App 2019, Hyderabad (India), Series A	Operator of a social network for local news and politics	$1.15M	Better Capital, QED Innovation Labs & 7 others	60/100
4th	ScoopWhoop 2013, Delhi (India), Acquired	Curated entertainment content specific to Indian stories	$8.03M	Kalaari Capital, Bharti SoftBank & 8 others	59/100
5th	POPxo 2013, Gurugram (India), Acquired	Provides content platform for lifestyle/fashion, beauty, and health topics	$11.8M	Chiratae Ventures, Kalaari Capital & 28 others	58/100
6th	PublicVibe 2015, Hyderabad (India), Acquired	Developer of an app-based platform offering multi-category news	$2.2M	Indian Angel Network Fund, Advancesoft & 64 others	57/100
7th	Lokal 2018, Bengaluru (India), Series B	Operator of digital platforms providing information and professional service access	$31.8M	India Quotient, 3one4 Capital & 22 others	57/100
8th	Circle Internet 2018, Bengaluru (India), Acqui-Hired	Local news portal with a focus on Uttar Pradesh	$4.77M	Elevation Capital, Venture Highway & 1 others	49/100
9th	NewsPlus 2014, Hyderabad (India), Seed	App-based platform aggregating multi-category regional news	-	MOX, Anthill Studio	48/100
10th	Daily Post 2016, Chandigarh (India), Unfunded	Online platform providing news on multiple categories	-	-	44/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Circle Internet's competitors? Click here to see the top ones

Founders (largest shareholder) own 54.39%, Funds own 39.42%, Angels own 0.59% and ESOP Pool own 5.60%. The net worth of Circle Internet's founders is INR 82.2Cr as of Mar 06, 2019. The cap table displayed below is for CIRCLE INTERNET TECH PRIVATE LIMITED which is the legal entity associated with Circle Internet.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	54.39%	82.2Cr	4504691	1799803	9131381	4270631
Gaurav Agrawal	7649957	5890048	1216040	2447655	8697707	6455831
Uchit Kumar	6162047	3223804	2624708	1222282	8262954	3320131
Fund	39.42%	59.5Cr	6371558	2130932	5601969	3600982
Venture Highway	6990201	7988629	9934111	2115449	1438779	1166756
Angel	0.59%	88.6L	0	0	0	0
Rahul Mehta	0	0	0	0	0	0
ESOP Pool	5.60%	8.47Cr	74551	78766	38146	91234
Total	100.00%	151Cr	6139414	2753625	1619225	7364564