Spinny Overview
- Founded
-
2015

- Status
-
Private
- Employees
-
5,000

- Latest Deal Type
-
Series E
- Latest Deal Amount
-
$285M
- Investors
-
28
Spinny General Information
Description
Operator of a pre-owned car trading platform intended to provide used cars at a reasonable price. The company's platform features handpicked cars with all details and offers a test drive clubbed with a five-day money-back guarantee, enabling car owners to list their car information and potential customers with a simple and transparent process to buy a car.
Contact Information
Website
www.spinny.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Primary Office
- 8th Floor, Capital Business Park
- Sector 48
- Gurugram, 122001
- India
+91 072772 00000
Spinny Timeline
Spinny Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC (Series E) | 24-Nov-2021 | $285M | 00000 | 00.000 | Completed | Generating Revenue |
6. Later Stage VC (Series D) | 13-Jul-2021 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
5. Later Stage VC (Series C) | 19-May-2021 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
4. Early Stage VC (Series B) | 02-Mar-2020 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
3. Early Stage VC (Series A) | 22-May-2019 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
2. Seed Round | 06-Jun-2017 | $993K | $993K | 00.000 | Completed | Generating Revenue |
1. Seed Round | Completed | Generating Revenue |
Spinny Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preference | 0,000 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 0.000 | |
Preference | 0,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 0.000 | |
Preference | 000,000 | 00.000000 | 00000.00 | 00000.00 | 00 | 00000.00 | 00.000 | |
Ordinary | 00 | 00.000000 | 00000.00 | 00000.00 | 00 | 00000.00 | 00 | |
Preference | 00,000 | 00.000000 | 00000.00 | 00000.00 | 00 | 00000.00 | 00.000 | |
Preference | 0,000 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 0.00 | |
Preference | 0,000 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 0.00 | |
Preference | 0,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 0.000 | |
Preference | 23,856 | $0.013425 | $612.64 | $612.64 | 1x | $612.64 | 3.61% | |
Series C | 2,920 | $0.013425 | $614.15 | $614.15 | 1x | $614.15 | 0.44% |
Spinny Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Operator of a pre-owned car trading platform intended to provide used cars at a reasonable price. The company's platform
Automotive
Gurugram, India
5,000
As of 2022
00000
0.000
0000-00-00
00000000000
00000
Spinny Competitors (16)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Cars24 | Venture Capital-Backed | Gurgaon, India | 0000 | 00.000 | 0000000000 0 | 00.000 |
000000 | Venture Capital-Backed | Dubai, United Arab Emirates | 0000 | 00000 | 000000&0 | 00000 |
0000000 | Formerly VC-backed | Mumbai, India | 000 | 000.00 | 000000&0 | 000.00 |
000 | Venture Capital-Backed | Bengaluru, India | 00000 | 00.000 | 0000000000 0 | 00.000 |
00000000 | Private Equity-Backed | Espoo, Finland | 00 | 00.000 | 000000000000 | 00.000 |
Spinny Executive Team (14)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Niraj Singh | Co-Founder, Board Member & Chief Executive Officer | ||
Mohit Gupta | Co-Founder & Board Member | ||
Ramanshu Mahaur | Co-Founder, Chief Technology Officer & Board Member | ||
Ravi Jora | Head of Finance and Strategy | ||
Sonal Sharma | Company Secretary, Legal & Compliance and Board Member |
Spinny Board Members (8)
Name | Representing | Role | Since |
---|---|---|---|
Amit Rana | Self | Board Member | 000 0000 |
Anand Daniel | Accel | Board Member | 000 0000 |
Ashish Kumar | The Fundamentum Partnership | Board Member | 000 0000 |
Mohit Gupta | Spinny | Co-Founder & Board Member | 000 0000 |
Mukul Arora | Elevation Capital (India) | Board Member | 000 0000 |
Spinny Signals
Spinny Investors (28)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Abu Dhabi Growth Fund | Sovereign Wealth Fund | Minority | 000 0000 | 000000 0 | |
KB Investment | Venture Capital | Minority | 000 0000 | 000000 0 | |
Sachin Tendulkar | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Avenir Growth Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
FJ Labs | Venture Capital | Minority | 000 0000 | 000000 0 |
Spinny Acquisitions (3)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
000000 | 10-Feb-2022 | 0000000000 | Automotive | ||
0000000 | 06-Aug-2020 | 0000000000 | Automotive | ||
HopCar | 13-Jun-2016 | Merger/Acquisition | Social/Platform Software | 00000 000 |
Spinny Subsidiaries (2)
Company Name | Industry | Location | Founded |
---|---|---|---|
Scouto | Automotive | Gurugram, India | 2018 |
0000000 | Automotive | Mumbai, India | 0000 |