Vutto, an innovative startup transforming the way Indians buy and sell used two-wheelers, has raised $7 million in a Series A funding round led by RTP Global, with participation from Blume Ventures.
This fresh round of capital will help Vutto scale its phygital platform, enhance its certified inventory, and expand its showroom presence to reach millions of two-wheeler buyers across India.
Backed by Industry Leaders
Previously, Vutto had raised $1 million in seed funding led by Blume Ventures, joined by founders and leaders from Swiggy, OfBusiness, Tracxn, BatterySmart, SuprDaily, Panthera Peak Capital, and several other strategic angel investors.
Founders with Proven Track Record
Founded in 2024 by Rohit Khurana (ex-Swiggy, Truebil, Shuttl) and Sitaram Ankilla (ex-Shipsy, SuprDaily, Truebil), Vutto brings deep expertise in mobility, logistics, and consumer platforms. Their vision is to build trust, transparency, and convenience in India’s highly fragmented used two-wheeler market.
The Phygital Experience
Vutto offers a seamless blend of digital discovery and physical assurance. Customers can:
- Browse certified two-wheelers online
- Book test rides at Vutto showrooms
- Drive home with as-good-as-new vehicles
Every two-wheeler comes with a 6-month warranty, 3 free services, complete paperwork support (RC transfer, insurance, financing) — ensuring a trustworthy and hassle-free ownership journey.
Why This Matters
India is home to one of the world’s largest two-wheeler markets, with over 20 million units sold annually. Yet, the used two-wheeler ecosystem remains highly unorganized, plagued by trust gaps, inconsistent pricing, and lack of warranties.
Vutto aims to solve this by building India’s most reliable used two-wheeler brand — offering transparency, after-sales support, and a new benchmark for customer experience.
Disclaimer: This article is for informational purposes only and is based on publicly available press releases and startup ecosystem updates. StartupByDoc does not provide investment advice or endorse any funding-related decisions.
— Your StartupByDoc Team