Vutto funding, investors and company details

Vutto is an emerging Automobile startup from Bengaluru, working in the space of Full-stack platform dedicated to transforming India’s used two-wheeler market. Founded by Sitaram Ankilla, Rohit Khurana.

Company: Fitstok Trading Services Private Limited
Sector: Automobile
Location: Bengaluru
Founders: Sitaram Ankilla, Rohit Khurana

Company overview

Vutto, founded in 2024, is a full-stack platform dedicated to transforming India’s used two-wheeler market. Operating through a hybrid online-offline model, the company enables custometo browse certified motorcycles and scooteonline, book test rides at physical showrooms, and purchase refurbished vehicles with added benefits such as a six-month warranty, three complimentary services, and complete paperwork support including RC transfer, insurance, and financing. The platform sources vehicles from individuals, businesses, and banks, refurbishes them in-house to meet standardized quality benchmarks, and resells them through its growing network. By prioritizing transparency and reliability, Vutto seeks to bridge the trust gap that often plagues the pre-owned two-wheeler space in India. In its first year, the company sold over 1,500 vehicles and launched three showrooms across the National Capital Region, with most listings converting within 12 days. With a strong emphasis on quality, trust, and convenience, Vutto is positioning itself as a key player in the evolving second-hand two-wheeler segment.

Funding rounds

Latest round (Series A): $ 7.00 Mn (₹61.72 Cr.), 2025-08-29. Investors: RTP Capital, Blume Ventures