The Indian two-wheeler market is massive, with over 20 million units sold every year. Yet, the pre-owned two-wheeler ecosystem is highly fragmented and plagued by issues like trust gaps, inconsistent pricing, and lack of warranties. Enter Vutto, an innovative startup on a mission to bring transparency, trust, and convenience to this market.
Recently, Vutto raised $7 million in a Series A funding round, led by RTP Global, with additional participation from Blume Ventures. This funding will accelerate the startup’s growth, allowing it to expand its phygital platform, increase certified inventory, and strengthen its showroom presence across India.
Backed by Industry Leaders
Before this Series A round, Vutto had already gained strong investor confidence by raising $1 million in seed funding, also led by Blume Ventures. The company boasts a powerful network of backers, including founders and leaders from Swiggy, OfBusiness, Tracxn, BatterySmart, SuprDaily, Panthera Peak Capital, and several strategic angel investors.
Founders with Proven Expertise
Vutto was founded in 2024 by Rohit Khurana (ex-Swiggy, Truebil, Shuttl) and Sitaram Ankilla (ex-Shipsy, SuprDaily, Truebil). Both founders bring a wealth of experience in mobility, logistics, and consumer platforms, positioning Vutto as a trusted player in a sector that urgently needs standardization.
The Phygital Experience
What sets Vutto apart is its phygital model—a seamless combination of digital convenience and physical assurance. Customers can:
✔ Browse certified two-wheelers online
✔ Book test rides at Vutto showrooms
✔ Drive home an as-good-as-new bike
Every bike purchased through Vutto comes with:
- 6-month warranty
- 3 free services
- Complete paperwork support (RC transfer, insurance, financing)
This ensures customers enjoy a hassle-free, trustworthy ownership journey, which has been a major gap in the industry until now.
Why Vutto Matters in India
India is among the largest two-wheeler markets globally, but the used vehicle segment lacks organization and trust. Traditional resale platforms often leave buyers vulnerable to fraud, inconsistent pricing, and zero after-sales support.
Vutto aims to set a new benchmark in customer experience, addressing these pain points through:
✅ Certified inventory
✅ Transparent pricing
✅ After-sales support
The company’s goal is simple: to become India’s most reliable brand for used two-wheelers.
Looking Ahead
With this fresh infusion of $7 million, Vutto plans to:
- Expand its showroom network across major Indian cities
- Enhance digital capabilities for a better user experience
- Increase inventory of high-quality, certified two-wheelers
The company’s vision is clear — to transform how Indians buy and sell used two-wheelers, making the experience as reliable as purchasing a new one.
Final Thoughts
The used two-wheeler market in India is ripe for disruption, and Vutto is well-positioned to lead the change. With strong investor backing, experienced founders, and a unique phygital approach, the startup could soon become the go-to brand for millions of buyers looking for trust and convenience in the pre-owned bike segment.
