Used two-wheeler marketplace Vutto has raised $7 Mn (around INR 61.4 Cr) in its Series A round led by RTP Global, with participation from existing investor Blume Ventures.
The fresh capital will be deployed to expand Vutto’s presence across Delhi NCR, foray into new cities, and strengthen core operations including supply, refurbishment, and customer service capabilities.
Founded in 2024 by former Swiggy executive Rohit Khurana and former SuprDaily director Sitaram Ankilla, the startup runs a full-stack platform for buying and selling used two-wheelers.
The platform enables users to browse certified vehicles online, take test rides at Vutto showrooms, and purchase two-wheelers with a six-month warranty, along with paperwork, insurance, and financing support.
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Within a year of inception, the startup claims to have sold 1,500 vehicles through its three Delhi-based showrooms, with vehicles typically selling within 12 days of listing.
Vutto has also tied up with banks and financial institutions for selling repossessed two-wheelers. Prior to this round, the startup had raised $1 Mn in seed funding from Blume Ventures and a group of angel investors.
