C2C marketplace Vingo raises Rs 10 Cr seed round led by IndiaQuotient

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Vingo, a consumer-to-consumer marketplace for buying and selling pre-owned products, has raised Rs 10 crore ($1 million) in a seed funding round led by IndiaQuotient. Inuka Capital and Credgenics founder Rishabh Goel also participated in the round.
The proceeds will be used to strengthen its product, invest in trust and payment infrastructure, study user behaviour and support marketing across key user groups.
Founded in March 2026 by Parth Sarthi, Saransh Goyal and Krish Vashistha, Vingo enables users to buy and sell pre-owned products directly. The platform currently operates in Bengaluru and is available on Android and iOS.
Vingo combines identity verification, community-based product discovery, escrow-backed payments and bidding to address trust issues between buyers and sellers. Its categories include smartphones, cameras, gaming consoles, musical instruments, fashion and sports equipment.
As per market research, India's recommerce market is projected to grow from $5.91 billion in 2026 to $8.61 billion by 2030. Vingo plans to focus on the C2C segment as it expands its platform and user base.

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