Spinny
Founded Year
2015Stage
Series E - II | AliveTotal Raised
$515.9MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-27 points in the past 30 days
About Spinny
Spinny is a full-stack used car trading platform that specializes in offering high-quality, thoroughly inspected second-hand cars. The company provides a transparent and seamless car buying and selling experience, featuring a rigorous 200-point quality check and a 5-day money-back guarantee for all vehicles. Spinny also offers additional services such as car financing, a one-year comprehensive warranty, and buyback options to enhance customer satisfaction. It was founded in 2015 and is based in Gurugram, India.
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Expert Collections containing Spinny
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Spinny is included in 4 Expert Collections, including E-Commerce.
E-Commerce
11,032 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,244 items
Auto Commerce
700 items
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Spinny News
Sep 19, 2024
Chandigarh, 19 September 2024: Rising new car prices have not slowed India’s enthusiasm for car ownership, as Spinny, India’s full-stack used car marketplace, continues to see significant growth in the last two quarters of CY24. [...] The post Spinny Q3 CY24 Report: Renault Kwid in Top 3 for Third Consecutive Quarter appeared first on Business News This Week.
Spinny Frequently Asked Questions (FAQ)
When was Spinny founded?
Spinny was founded in 2015.
Where is Spinny's headquarters?
Spinny's headquarters is located at Sector 48, Capital Business Park, Gurugram.
What is Spinny's latest funding round?
Spinny's latest funding round is Series E - II.
How much did Spinny raise?
Spinny raised a total of $515.9M.
Who are the investors of Spinny?
Investors of Spinny include Sachin Tendulkar, Tiger Global Management, Avenir Growth Capital, Think Investments, Arena Holdings Management and 18 more.
Who are Spinny's competitors?
Competitors of Spinny include Droom, PumPumPum, SheerDrive, Landmark Group, VavaCars and 7 more.
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Compare Spinny to Competitors
Cars24 is a leading AutoTech company focused on the sale, purchase, and financing of pre-owned cars. The company offers an online marketplace for buying and selling used cars, complemented by a suite of services including car financing, quality checks, warranties, and seamless documentation for transactions. Cars24 primarily serves the automotive industry with a customer base looking for pre-owned vehicle solutions. It was founded in 2015 and is based in Gurgaon, India.
CarDekho is a digital automotive solutions provider specializing in the sale and purchase of new and used cars. The company offers a platform for car buyers to search, compare, and make informed decisions on vehicle purchases, as well as facilitating finance and insurance services for used cars. CarDekho primarily serves individual car buyers and sellers, as well as partnering with automotive dealerships, financial institutions, and insurance companies. It was founded in 2008 and is based in Gurugram, India.
Mahindra First Choice Wheels is a company that focuses on the used auto platform business, operating within the automotive industry. The company's main services include the retailing of used cars, procurement of used vehicles, and providing enterprise solutions for banks, insurance companies, and Original Equipment Manufacturers (OEMs). It was founded in 2008 and is based in Mumbai, India.
Carsome provides an e-commerce platform, specializing in the online buying and selling of used cars. The company offers a comprehensive service that includes car inspection, valuation, an online bidding portal for dealers, and logistics support, ensuring a seamless selling experience for customers. It was founded in 2015 and is based in Petaling Jaya, Malaysia.
Droom specializes in facilitating the buying, selling, and trading of new and used vehicles. Droom offers a suite of services including vehicle inspection, certification, loans, insurance, and other automobile-related services. The company primarily serves the automotive e-commerce industry. It was founded in 2014 and is based in Gurugram, India.
SheerDrive offers a digital used-car platform to optimize the consumer buying experience. It offers a B2B multibrand exchange platform, remarketing solutions, vehicle scan, pricing algorithm, vehicle part review and grading dashboard, and more. The company was founded in 2019 and is based in Mumbai, India.
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