Eco-friendly packaging firm Cirkla raises $3 million in funding from Matrix Partners, Stellaris Venture Partners

Cirkla, a sustainable packaging company, has raised $3 million in a pre-seed funding round that was led by venture capital firms Matrix Partners India and Stellaris Venture Partners.

The round also saw participation from other prominent angel investors.

In a statement, the startup said it will utilise the fresh capital to expand operations, strengthen the sales force, and invest in new innovative technologies.