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Vingo raises Rs 10 Cr seed round led by IndiaQuotient to strengthen its product and invest in user trust. The funding will also support marketing efforts across key user groups.

PRIVATEAug 05, 2026•4 days ago

Amount Raised

₹100 Million

Round Type

Seed

BengaluruE CommerceMarketplace

Investors

Rishabh GoelInuka CapitalIndia Quotient

Description

Vingo, a consumer-to-consumer marketplace for pre-owned products, has raised Rs 10 crore ($1 million) in a seed round led by IndiaQuotient, with participation from Inuka Capital and Credgenics founder Rishabh Goel. The funds will enhance product development, trust infrastructure, and marketing. Founded in March 2026, Vingo operates in Bengaluru and addresses trust issues in the recommerce market. The startup enables users to buy and sell directly, focusing on community and identity verification.

Company Information

Company

Vingo

Location

Bengaluru, Karnataka, India

About

Vingo is a consumer-to-consumer marketplace for buying and selling pre-owned products. Established in March 2026, it enables users to directly engage in transactions involving second-hand items. The platform addresses trust issues between buyers and sellers by utilizing identity verification and escrow-backed payments. Vingo offers a range of product categories including smartphones, cameras, gaming consoles, and more.

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Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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