Vutto, a Delhi-based startup specializing in used two-wheelers, raised $7 million in a Series A round led by RTP Global, with strong participation from existing investor Blume Ventures ETAuto.com
- Founders & Seed History
Founded in 2024 by Rohit Khurana and Sitaram Ankilla, Vutto previously secured a $1 million seed round led by Blume Ventures along with angel investors from Swiggy, OfBusiness, Tracxn, BatterySmart, SuprDaily, and other - Phygital Model That Works
Vutto offers a seamless experience by allowing customers to browse certified bikes online and complete purchases at showrooms. Every vehicle comes with a six-month warranty, three complimentary services, and assistance with paperwork, insurance, financing, and RC transfers - Strong Early Metrics
In just over a year, Vutto has sold around 1,500 vehicles and launched three profitable showrooms within Delhi NCR. Listed vehicles typically sell within 12 days—a testament to their fast-moving, trust-led model - Breaking Market Ground
Leveraging partnerships with banks and financial institutions, Vutto sources and refurbishes repossessed two-wheelers—creating value for lenders while offering buyers high-quality, affordable options - Future-Focused Expansion
The Series A capital will be deployed to scale supply sourcing, bolster refurbishment capabilities, enhance customer experience, and expand operations beyond the National Capital Region - Investor Confidence
RTP Global praised Vutto for bringing much-needed trust and infrastructure to an underserved segment. Blume Ventures lauded the grit of the founding team in tackling the complexities of re-commerce - Sector Momentum
Vutto’s fundraising is part of a broader Indian startup boom—spotlighted among key deals during the final week of August 2025, alongside others in diverse domains like ecommerce, fintech, and babycare
Context & Strategic Takeaways
India’s used two-wheeler market is massive yet fragmented—with approximately 10 million pre-owned bikes sold annually. Vutto’s full-stack, phygital model addresses core industry pain points: trust gaps, lack of standardization, and fragmented supply.
With credible financial backing, proven unit economics, and a replicable operations model (“one store, one box”), Vutto is positioned well to scale rapidly—potentially reaching 1,000x expansion in its footprint
By bridging digital convenience with physical assurance, the startup is redefining how used two-wheelers are bought and sold in India—making mobility more reliable and accessible.
