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Vinking Group

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Vinking Group is an Indian multi-sector enterprise founded by Vinod Ramaswamy, spanning retail, engineering, infrastructure, financial services, agriculture and automotive mobility.

Last updated September 29, 2026

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Overview

Vinking Group is a diversified Indian enterprise operating as Vinking Enterprises Private Limited. Founded by Vinod Ramaswamy, the group describes itself as a multi-sector powerhouse bringing technology, engineering, commerce and enterprise together to create enduring value for people, partners and communities. Its corporate story traces an entrepreneurial beginning in 2011, an early digital web-development project in 2016, and an official foundation in 2017. The group is headquartered in Bengaluru, Karnataka, and its founder's roots lie in Karimangalam, Dharmapuri district, Tamil Nadu. The group is organised around six focused businesses. Refvel Retail is a technology-led B2B network for trusted pre-owned mobile devices, connecting quality inventory with retailers at scale. Vinking Tech provides end-to-end civil, structural and MEP engineering, project management, digital systems and sustainable infrastructure solutions. Vinking Infra delivers turnkey construction and real-estate projects with practical design and accountable execution. MMS DMT offers assisted domestic money transfer and fintech services aimed at extending reliable financial access to more communities. Vinking Farms pursues responsible ventures across organic farming, livestock and rural enterprise. Vinking Torque operates in vehicle commerce and mobility, emphasising transparent customer experiences and accessible mobility. Vinking Group positions itself around entrepreneurial courage, responsible growth and long-term thinking. Its stated ambition is to build capabilities designed to compound in relevance over time, and to create value for customers, employees, partners and communities. The group's journey has not been without difficulty: the COVID-19 pandemic created financial strain and paused market growth in 2020, and a post-lockdown restructuring in 2021 rebuilt capital and refocused corporate strategy. A corporate split and pivot followed in 2022. As a private limited company, Vinking Group is not publicly listed. Its founder, Vinod Ramaswamy, serves as Founder and Chief Executive Officer. The group remains closely connected to its founder's home region, with stated hopes of contributing to employment creation and entrepreneurship there. Across its six businesses, Vinking Group presents itself as a long-term builder of Indian enterprise rather than a single-sector operator.

History

Vinking Group's history is presented by the company as a journey from an entrepreneurial seed to a diversified enterprise. The founder, Vinod Ramaswamy, was born in Karimangalam, Dharmapuri district, Tamil Nadu, and raised in Bengaluru. He faced personal loss and responsibility at a young age following the death of his mother, studied at Janaseva Vidyakendra Boys Residential School and later attended Jain College, Bengaluru, before choosing entrepreneurship over a conventional academic route. The group's own timeline places its early seed in 2011, when Vinod Ramaswamy established the foundational groundwork for a diversified business vision. In 2016, a pre-launch and web tools phase saw the launch of Web Raj as an early digital web-development project. The official foundation of Vinking Group followed in 2017, described as being born with a focused vision for a diversified enterprise. In 2019, the business reached its first major scale-up, achieving significant operational and revenue milestones across regional service sectors. The COVID-19 pandemic in 2020 brought pandemic strains, impacting early operations, creating financial strain and pausing market growth. During this period the founder was also recovering from a road accident, an experience that tested his confidence, finances and professional relationships. Rather than leaving entrepreneurship behind, he rebuilt with a stronger focus on financial discipline, diversified income, long-term assets and organisations capable of surviving difficult economic conditions. A post-lockdown restructuring in 2021, described as the bounce back, rebuilt capital and refocused the group's corporate strategy. In 2022, a corporate split and pivot saw operations strategically reorganised. The group's about page notes that its journey began with digital services and emerged with a stronger operating platform and renewed long-term commitment. Today Vinking Group operates as Vinking Enterprises Private Limited, a private limited company headquartered in Bengaluru, Karnataka. It brings together six focused businesses: Refvel Retail in circular commerce, Vinking Tech in engineering and technology, Vinking Infra in infrastructure, MMS DMT in financial services, Vinking Farms in agriculture, and Vinking Torque in automotive and mobility. The group describes itself as a multi-sector Indian enterprise built on entrepreneurial courage, disciplined execution and meaningful progress, guided by principles of entrepreneurial courage, responsible growth and long-term thinking. It remains closely connected to the founder's home region, with stated hopes of contributing toward employment creation and entrepreneurship there.

  • 2022

    Corporate Split & Pivot: Operations are strategically reorganised.

  • 2021

    The Bounce Back: A post-lockdown restructuring rebuilds capital and refocuses the Group's corporate strategy.

  • 2020

    Pandemic Strains: The global pandemic impacts early operations, creating financial strain and pausing market growth.

  • 2019

    First Major Scale-up: The business reaches its first significant operational and revenue milestones across regional service sectors.

  • 2017

    Official Foundation: Vinking Group is born with a focused vision for a diversified enterprise.

  • 2016

    Pre-Launch & Web Tools: Web Raj launches as an early digital web-development project.

  • 2011

    The Early Seed: Founder Vinod Ramaswamy establishes the foundational groundwork for a diversified business vision.

Products and positioning

A diversified Indian multi-sector enterprise built on entrepreneurial courage, disciplined execution and long-term thinking, creating enduring value across six focused businesses.

  • Refvel Retail

    A technology-led B2B network for trusted pre-owned mobile devices, connecting quality inventory with retailers at scale.

  • Vinking Tech

    End-to-end civil, structural and MEP engineering, project management, digital systems and sustainable infrastructure solutions.

  • Vinking Infra

    Turnkey construction and real-estate delivery with practical design, accountable execution and lasting value.

  • MMS DMT

    Assisted domestic money transfer and fintech services extending reliable financial access to more communities.

  • Vinking Farms

    Responsible ventures across organic farming, livestock and rural enterprise.

  • Vinking Torque

    Trusted vehicle commerce, transparent customer experiences and accessible mobility.

Recent events

  • Weijing named among 2020 China Creator Top 30[5]

    Weijing was named to the 2020 Searching for China’s Creators Top 30 list after standing out among 1,170 participating companies and projects.

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