Hulp raised $2.6M in seed funding to expand its AI-led personal assistance platform; Vingo raised ₹10 crore led by IndiaQuotient to expand C2C marketplace

Hulp has raised $2.6 million in seed funding to expand its AI-led personal assistance platform, aiming to enhance user experience and operational efficiency. Meanwhile, Vingo, a consumer-to-consumer marketplace, secured ₹10 crore (approximately $1.2 million) led by IndiaQuotient to improve its technology and trust systems.¹

Vingo's funding round also included participation from Inuka Capital and angel investor Rishabh Goel, founder of Credgenics. The funds will be utilized to strengthen Vingo's product, invest in trust infrastructure, and deepen research into user behavior. Parth Sarthi, co-founder of Vingo, stated, "Consumer-to-consumer commerce is increasingly becoming a way for people to own products they may not otherwise buy new, while helping someone else realize value from products they no longer use."

The platform, operational in Bengaluru, combines identity verification, community-driven product discovery, and escrow-backed payment systems to facilitate secure transactions. Vingo aims to address the growing recommerce market in India, projected to rise from $5.91 billion in 2026 to $8.61 billion by 2030, driven by increasing consumer acceptance of pre-owned products. Madhukar Sinha, Partner at IndiaQuotient, expressed excitement about partnering with Vingo, emphasizing the need for a fresh approach in consumer-to-consumer commerce in India.

Hulp's funding will similarly focus on enhancing its AI capabilities to provide better personal assistance services, reflecting a growing trend in technology-driven solutions for everyday tasks.