Add TechGraph on Google
Vingo, an India-based consumer-to-consumer (C2C) marketplace for buying and selling pre-owned products, has raised ₹10 crore (approximately $1.2 million) in a seed funding round led by IndiaQuotient.
The round also saw participation from Inuka Capital and angel investor Rishabh Goel, Founder of Credgenics.
The startup plans to use the fresh capital to strengthen its product, invest in its trust infrastructure, deepen research into user behaviour, and support targeted marketing across key user communities.
Founded in March 2026 by Parth Sarthi of BITS Pilani, along with IIT Delhi students Saransh Goyal and Krish Vashistha, Vingo operates a marketplace for buying and selling pre-owned products across categories including smartphones, cameras, gaming consoles, musical instruments, fashion, and sports equipment.
The platform combines identity verification, community-led discovery, escrow-backed payments, and bidding to facilitate transactions between buyers and sellers.
Commenting on the fundraise, Parth Sarthi, Co-Founder of Vingo, said, “Consumer-to-consumer commerce is increasingly becoming a way for people to own products they may not otherwise buy new, while helping someone else realise value from products they no longer use. We are building Vingo around that behaviour by making it easier for people to discover, trust and transact directly with one another.”
Speaking on the investment, Madhukar Sinha, Partner at IndiaQuotient, said, “We believe consumer-to-consumer commerce in India needs a fresh approach built from the ground up. The Vingo team has a thoughtful approach to the category, and we are excited to partner with them as they build.”