Vutto Fuels Growth with $7 Million Series A Funding

Vutto has raised $7 million in Series A funding led by RTP Global, with participation from Blume Ventures, and angel investors.

Founded by Rohit Khurana and Sitaram Ankilla in 2024, India.

Vutto is building a hybrid online-offline platform for used two-wheelers, allowing customers to explore certified vehicles online and complete purchases at showrooms.

Every vehicle comes with a warranty, service support, and complete paperwork help including RC transfer, insurance, and financing.

They source vehicles from individuals, businesses, and banks, refurbish them in-house, and sell them through their network.

The fresh capital will be used to improve vehicle sourcing, refurbishment, and customer service, and to expand into new markets.

In its first year, the company sold 1,500+ vehicles.

Opened three showrooms in NCR.