Vingo: A Leading C2C Marketplace for Pre-Owned Products

Vingo, a customer-to-customer marketplace for buying and selling pre-owned items, has successfully secured Rs 10 crore (approximately $1 million) in a seed funding round spearheaded by IndiaQuotient. Inuka Capital and Rishabh Goel, the founder of Credgenics, were also involved in this funding initiative. The funds will be directed towards enhancing product features, investing in trusted payment systems, analysing user behaviour, and amplifying marketing efforts across critical user demographics.

Founded in March 2026 by Parth Sarthi, Saransh Goyal, and Krish Vashistha, Vingo empowers users to directly trade pre-owned goods. Presently, the platform is active in Bengaluru and is accessible on both Android and iOS devices.

Vingo incorporates identity verification, community-driven product discovery, escrow-supported payments, and a bidding system to tackle trust issues often faced by buyers and sellers. The product categories offered by Vingo include smartphones, cameras, gaming consoles, musical instruments, fashion items, and sports gear.

According to recent market studies, India’s recommerce market is forecasted to expand from $5.91 billion in 2026 to an impressive $8.61 billion by 2030. As Vingo continues to grow its platform and user community, it plans to place a strong emphasis on the C2C segment.