Founder · Circolife

Tushar Patil

Co-founder & COO of Circolife, a cooling-as-a-service company based in Thane.

Co-founder · COOThaneCooling-as-a-Service
Founded
2023
Thane, India
Raised to date
$4.5M
1 round on record
Latest round
Pre-Series A
$4.5M · September 2026
Team
51–200

About

Tushar Patil is Co-founder & COO of Circolife, a cooling-as-a-service company based in Thane, founded in 2023. Circolife's most recent disclosed round was a Pre-Series A of $4.5M in September 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2023
Circolife
Cooling-as-a-Service · Thane · 51–200 people · Active

Circolife runs a Cooling-as-a-Service platform for Indian businesses, installing high-efficiency air conditioning on a monthly subscription while retaining ownership of the equipment for the length of the contract. Founded in 2023 by Abhishek Murarka, Tushar Patil and Devanshu Mishra, it serves restaurants, hotels, gyms, salons, co-living operators and corporate offices across five cities with roughly 10,000 active subscriptions. Every unit carries embedded sensors tracking temperature, power consumption and gas pressure, feeding a predictive-maintenance system and AI-built digital twins that

Funding
September 2026Pre-Series A$4.5MBharat Jaisinghani (lead), Nitish Mittersain, Intelliquity Ventures, Sumit Jalan, Siddharth Ladsariya, Anand Ladsariya, Anant Goenka, Sky Impact Capital, Rohit Dev, S N Damani family office, Vyom Wealth
Company profile →1 round on record

Journey with Circolife

2 milestones
  1. 2023Founded

    Founded by Abhishek Murarka, a corporate finance and investment banking veteran, Tushar Patil, from global sourcing and supply chain, and Devanshu Mishra, an IIT Roorkee alumnus working in IoT hardware and firmware, to sell cooling as a subscription rather than a capital purchase.

  2. Sep 2026Funding

    Raises $4.5 million in a pre-Series A led by Polycab India joint managing director Bharat Jaisinghani, having reached roughly 10,000 active subscriptions across five cities, and targets 40,000 active units nationally within 24 months.

Also building Circolife

AMAbhishek MurarkaCo-founder · CEO→DMDevanshu MishraCo-founder · CTO→

Coverage

1 story
Funding · 9 Sept 2026 · 6 min read
Circolife Raises $4.5M to Rent Out Air Conditioners It Has to Buy First

Quick answers

Who is Tushar Patil?

Tushar Patil is a Co-founder & COO of Circolife, a cooling-as-a-service company based in Thane, founded in 2023.

Who founded Circolife?

Circolife's founders and leadership on record at StartupFox are Abhishek Murarka, Tushar Patil and Devanshu Mishra.

How much funding has Circolife raised?

Circolife has raised $4.5M across 1 disclosed round on record. The latest was a Pre-Series A of $4.5M in September 2026, with Bharat Jaisinghani (lead), Nitish Mittersain, Intelliquity Ventures.

Where is Circolife based?

Circolife is headquartered in Thane, India.

What has StartupFox reported about Tushar Patil?

StartupFox has published 1 story naming Tushar Patil; the most recent is “Circolife Raises $4.5M to Rent Out Air Conditioners It Has to Buy First”.

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Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory filings and our own reporting. If this is you, you can verify it with LinkedIn and edit it.

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