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Commercial AC subscription startup Circolife raises $4.5 million, Inc42 reports

Inc42 says Circolife has 10,000 active subscriptions across five cities and plans to use the funding to expand its AC fleet, enter new markets and scale its IoT and AI capabilities.

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1 Source, 23d ago, first seen 23d ago

TLDR

Inc42 said on September 8, 2026, that Circolife raised $4.5 million (₹40.45 crore) in a pre-Series A round led by Bharat Jaisinghani, joint managing director of Polycab India. According to Inc42, the startup was founded in 2023 and offers businesses AC subscriptions covering installation, maintenance, refurbishment and replacement. The publisher says Circolife has 10,000 active subscriptions across five cities and plans to quadruple its customer base over the following two years.

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@Inc42❄️ . @Circolifeindia is betting on subscriptions to make commercial cooling smarter. 👇 ClimateTech startup Circolife has raised $4.5 Mn (₹40.45 Cr) in a pre-Series A round led by Polycab India’s joint MD Bharat Jaisinghani. Founded in 2023 by Abhishek Murarka, Tushar Patil and Devanshu Mishra, Circolife offers businesses commercial ACs on a subscription model, handling installation, maintenance, refurbishment and replacement. The startup currently has 10,000 active subscriptions across five cities and plans to 4X its customer base over the next two years. Its IoT-enabled ACs track temperature, power consumption and gas pressure, while predictive maintenance helps identify potential failures before breakdowns. Circolife will use the fresh capital to expand its AC fleet, enter new markets and scale its IoT and AI capabilities. 🔗 To read the full story, click here: https://4-2.co/46djoBa #Circolife #ClimateTech #Cooling #IoT #News23d
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    @Inc42❄️ . @Circolifeindia is betting on subscriptions to make commercial cooling smarter. 👇 ClimateTech startup Circolife has raised $4.5 Mn (₹40.45 Cr) in a pre-Series A round led by Polycab India’s joint MD Bharat Jaisinghani. Founded in 2023 by Abhishek Murarka, Tushar Patil and Devanshu Mishra, Circolife offers businesses commercial ACs on a subscription model, handling installation, maintenance, refurbishment and replacement. The startup currently has 10,000 active subscriptions across five cities and plans to 4X its customer base over the next two years. Its IoT-enabled ACs track temperature, power consumption and gas pressure, while predictive maintenance helps identify potential failures before breakdowns. Circolife will use the fresh capital to expand its AC fleet, enter new markets and scale its IoT and AI capabilities. 🔗 To read the full story, click here: https://4-2.co/46djoBa #Circolife #ClimateTech #Cooling #IoT #News23d
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