Funding · Commerce & Consumer Brands

Vingo raises Rs 10 crore seed funding

By Startup Enthusiast · 5 August 2026

What they do

Vingo is a consumer-to-consumer marketplace for pre-owned goods like smartphones, cameras, and fashion

It raised Rs 10 crore (about $1.2 million) in seed funding led by IndiaQuotient, with Inuka Capital and angel Rishabh Goel participating

The funds will be used to strengthen product, trust infrastructure, and user behaviour research

Vingo raised Rs 10 crore (about $1.2 million) in seed funding.
The round was led by IndiaQuotient, with participation from Inuka Capital and angel investor Rishabh Goel.
Vingo is a C2C marketplace for pre-owned goods.
It offers categories like smartphones, cameras, gaming consoles, musical instruments, fashion, sports equipment, watches, laptops, and collectibles.
The platform includes identity verification, community-led discovery, escrow-backed payments, and bidding.
Vingo is available on Android and iOS and currently operates in Bengaluru.
The company was founded in March 2026.

The India recommerce market is projected to grow from $5.91 billion in 2026 to $8.61 billion by 2030 (Research and Markets).
Vingo's unique listings include a signed Argentina AFA 2022 World Cup jersey by Messi, Álvarez, and Martínez.
The startup aims to build trust in peer-to-peer transactions through escrow and verification.

Vingo is a consumer-to-consumer marketplace for pre-owned goods.
It covers categories: smartphones, cameras, gaming consoles, musical instruments, fashion, sports equipment, watches, laptops, and collectibles.
Platform features include identity verification, community-led discovery, escrow-backed payments, and bidding.
It is available on Android (Play Store) and iOS (App Store).
Currently, it operates only in Bengaluru.
The corporate office is in Bengaluru and the registered office is in New Delhi.

Vingo plans to use the funds to strengthen product and trust infrastructure.
It will invest in user behaviour research and targeted marketing.

IndiaQuotient (lead) — IndiaQuotient is a venture capital firm that led the seed round.
Inuka Capital (participant) — Inuka Capital is a US-based fund that participated in the round.
Rishabh Goel (angel investor) — Rishabh Goel is the founder of Credgenics and participated as an angel investor.

Product: C2C marketplace platform combining identity verification, community-based discovery, escrow-backed payments and bidding for pre-owned goods
Customers: Individuals looking to buy and sell pre-owned products including smartphones, cameras, gaming consoles, fashion and sports equipment
How it makes money: C2C marketplace with commission-based revenue on pre-owned goods transactions
What sets it apart: Identity verification, escrow-backed payments and community-led product discovery to address trust issues between buyers and sellers