New Delhi, Aug. 29 -- Vutto, a Delhi-based marketplace for used two-wheelers, and petcare firm BhaoBhao have raised funding in separate rounds from venture capital firms and angel investors while meme marketing agency Creativfuel has acquired Reddit-focused rival Onemotion, the companies said Friday.
Vutto
Vutto, a platform to buy and sell used two-wheelers, has raised $7 million (Rs 61.7 crore) in Series A funding led by RTP Global, with participation from existing investor Blume Ventures.
The startup said the fresh capital will help it expand supply, refurbishment, and customer experience. It will also lay the foundation for its expansion in the national capital region, followed by new territories.
Founded in 2024 by Rohit Khurana and Sitaram Ankilla, Vutto is a full-stack platform offering a physical as well as digital experience for buying and selling used two-wheelers. Customers can explore certified inventory online, take test rides at Vutto showrooms, and buy two-wheelers. Vutto has sold 1,500 vehicles and opened three showrooms in Delhi.
Vutto previously raised $1 million in a seed round led by Blume Ventures, with participation from founders of Swiggy, OfBusiness, Tracxn, BatterySmart, SuprDaily, Panthera Peak Capital and other angel investors.
BhaoBhao
BhaoBhao, a petcare startup, has raised $200,000 in a funding round from angel investors, as it expands to more geographies.
The Mumbai-based startup, founded by Aditi Sanganeria and Anshika Maheshwari, offers pet grooming services at home for both dogs and cats, employs certified and experienced pet groomers, including dedicated cat groomers, and provides grooming services. It offers at-home grooming services for dogs and cats, priced between Rs 1,500 and Rs 2,000 per visit, and has served over 3,000 clients across Mumbai.
Creativefuel-Onemotion Group
Creativefuel Pvt. Ltd, a meme marketing agency, has acquired Onemotion Group, a rival marketing agency that runs campaigns on Reddit. Terms of the transaction were not disclosed.
Onemotion is a marketing agency which focuses its campaigns on Reddit to drive organic community engagement, subreddit strategy, AMAs, and answer engine visibility, for brands.
Published by HT Digital Content Services with permission from VC Circle.