Vutto
Overview
Vutto is a dynamic startup that specializes in the buying and selling of used two-wheelers in India, focusing on making personal mobility accessible and affordable. Founded in 2024 by Rohit Khurana and Sitaram Ankilla, Vutto employs a full-stack phygital model combining online and offline experiences. Based in Delhi, India, the company has successfully raised a total of $8 million, including a recent Series A round of $7 million led by RTP Global, with participation from Blume Ventures.
Recent Developments
In the past year, Vutto has made significant strides in expanding its footprint and securing substantial funding:
- August 29, 2025: Vutto announced the successful raising of $7 million in a Series A funding round led by RTP Global, with continued support from existing investor Blume Ventures. The new capital is planned to reinforce Vutto's primary operations like vehicle supply, refurbishment, and customer experience, and help it expand beyond Delhi NCR to other cities.
- 2025: Within a year of its inception, Vutto claimed to have sold about 1,500 vehicles and opened three showrooms in Delhi, emphasizing a quick sale turnaround time with vehicles usually selling within 12 days of listing.
- Partnerships and Growth: Vutto has reportedly partnered with several banks and financial institutions to sell repossessed two-wheelers, providing a transparent resale channel.
- Operational Model: The company operates a blended model allowing online browsing of certified inventory coupled with physical test rides at showrooms, offering bundled benefits like a six-month warranty, three free services, and comprehensive paperwork assistance.
- Market Impact: Vutto's entry is in line with stabilizing the highly fragmented used two-wheeler market in India, leveraging a cost-efficient, high-velocity operating model.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2024 |
| Headquarters | New Delhi, India |
| Founders | Rohit Khurana, Sitaram Ankilla |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | RTP Global, Blume Ventures |
| Industry | Automotive, Used Two-Wheelers |
| Number of Employees | Approximately 30 |
Early History
Vutto was founded in 2024 by Rohit Khurana and Sitaram Ankilla, two entrepreneurs with extensive experience in digital commerce and logistics. The company was created to address the growing demand for affordable personal mobility in India, particularly in the two-wheeler sector, which is a critical mode of transport for many. The founders initially raised $1 million in seed funding from Blume Ventures and a cohort of angel investors, enabling them to launch Vutto's operations primarily in Delhi. The startup's model is based on integrating physical and digital retail experiences to streamline the buying and selling process of pre-owned two-wheelers.
Company Profile and Achievements
Vutto has quickly established itself as a key player in India's used two-wheeler market by developing a robust business model that capitalizes on both online and offline retail channels. Key achievements include:
- Full-Stack Platform: Vutto offers a seamless phygital experience, where customers can explore a vast selection of certified two-wheelers online and conduct test rides at showrooms before purchase.
- Rapid Sales Cycle: Vehicles listed on Vutto's platform typically sell rapidly, within 12 days, which indicates strong market demand and operational efficiency.
- Quality Assurance: Each vehicle undergoes thorough inspections, is refurbished to high standards, and comes with a six-month warranty, ensuring buyer confidence.
- Strategic Partnerships: Vutto has collaborated with banks to sell higher-quality repossessed vehicles, helping to secure better value recovery for lenders.
- Aggressive Expansion: Following successful initial operations in Delhi, Vutto is set to expand into new markets beyond the National Capital Region using its latest funding.
Current Operations and Market Position
Vutto continues to innovate within the two-wheeler market in India by enhancing its core operations like supply chains and refurbishment capabilities. The company stands out for its strategic emphasis on a transparent, customer-oriented approach, drawing parallels with comprehensive support usually associated with new vehicle purchases.
The firm positions itself as a reliable provider capable of bridging the price gap in the two-wheeler market, offering economical yet quality-assured refurbished vehicles that appeal to India's vast middle and lower-middle-class segments. With a clear focus on affordability without compromising on quality, Vutto is positioned to capture a growing market share as it expands geographically.
Vutto Founders
- Rohit Khurana and Sitaram Ankilla founded Vutto, driven by their prior experiences with companies such as Swiggy and SuprDaily. They bring together expertise in tech-driven logistics and operational scaling, aiming to revolutionize the pre-owned vehicle market in India using a blend of technology and hands-on retail strategies.
Vutto Funding
- Vutto has successfully secured funding to fuel its growth ambitions. After initially raising $1 million in seed funding, the firm has recently raised $7 million in a Series A round led by global investors, highlighting strong confidence in its business model and plans for future expansion.
Vutto Store and Vutto Bikes
- Vutto's model involves physical retail outlets that complement its online platform, providing customers a chance to experience the two-wheelers before making a purchase. This dual-channel strategy aids in building consumer trust and credibility by allowing hands-on interaction with the products under a controlled, quality-assured environment.
Conclusion
Vutto represents a pioneering effort to bring structure and reliability to India's used two-wheeler market. By integrating online conveniences with physical showroom assurances, Vutto has successfully navigated the challenges typical in re-commerce industries. As it expands beyond its initial markets, Vutto's emphasis on quality, affordability, and customer satisfaction are likely to help it maintain a competitive edge. The startup's full-stack approach not only strengthens consumer trust but also offers a scalable model poised to redefine how used two-wheelers are bought and sold in India.