Circolife funding, investors and company details

Circolife is an emerging Information Technology startup from Mumbai, working in the space of Climate-tech startup offering a Cooling-as-a-Service platform. Founded by Abhishek Murarka.

Company: Procyon Star Private Limited
Sector: Information Technology
Location: Mumbai
Founders: Abhishek Murarka

Company overview

Circolife is an Indian climate-tech startup offering a Cooling-as-a-Service platform — providing high-efficiency, IoT-enabled smart air conditioners to businesses on an all-inclusive monthly subscription, eliminating the need for upfront capital investment. Its subscription covers installation, maintenance, spare parts, energy analytics, and an electricity bill management tool at a fixed monthly fee. Its IoT-connected units track temperature, power consumption, and gas pressure in real time, feeding a predictive maintenance system and AI-powered digital twin platform to prevent breakdowns before they occur.

Funding rounds

Latest round (Pre Series A): $ 4.50 Mn (₹43.05 Cr.), 2026-09-08. Investors: Bharat Jaisinghani (Polycab India Limited), Nitish Mittersain (Nazara Technologies), Intelliquity Ventures, Sumit Jalan (Action Tesa Group), Siddharth Ladsariya (Everest Fleet), Anand Ladsariya, Anant Goenka, Sky Impact Capital, Rohit Dev, S N Damani, Vyom Wealth (Polycab family office)