Vingo, a Bengaluru-based consumer-to-consumer marketplace for pre-owned goods, raised 100 million rupees (US$1.2 million), in a seed round led by IndiaQuotient, with participation from Inuka Capital and angel investor Rishabh Goel, founder of Credgenics.

The startup said it will use the funding to improve its product, trust systems, user research, and community marketing.

Founded in March 2026 by Parth Sarthi, Saransh Goyal, and Krish Vashistha, Vingo lets users buy and sell pre-owned items with identity verification, community-led discovery, escrow-backed payments, and bidding.

It said the platform was live in Bengaluru on Android and iOS.

The funding comes as India’s recommerce market grows. Citing Research and Markets, Vingo said the market is expected to grow from US$5.91 billion in 2026 to US$8.61 billion by 2030.

🔗 Source: Vingo