When was Spinny founded?

Spinny was founded in 2015 and became a unicorn in 2021, reaching the milestone in 6 years. It raised its 1st funding round 2 years after its incorporation.

Where is Spinny located?

Spinny is headquartered in Gurugram, India. It is registered at 75-B,GROUND FLOOR NIL BLOCK, MALVIYA NAGAR, South Delhi, NEW DELHI, Delhi, India, 110017.

Who is the current CEO of Spinny?

Niraj Singh of Spinny. They have also founded 1 company and are angel investors in 13 startups, including .

Which legal entities is Spinny associated with?

Spinny is associated with VALUEDRIVE TECHNOLOGIES PRIVATE LIMITED and 4 others.

How many employees does Spinny have?

As of May 31, 2025, Spinny has 5736 employees, reflecting a 19% year-over-year growth in headcount.

Is Spinny a funded company?

Spinny is a funded company, having raised a total of $698M across 15 funding rounds to date. The company's 1st funding round was a $1.42M Seed round, raised on Jun 06, 2017.

How much is Spinny worth?

The latest valuation of Spinny is $1.28B as of Feb 27, 2026. This marks a decline of 38% from its peak valuation of $2.03B in Apr, 2019. This marks a decline of 38% from its peak valuation of $2.03B in Apr, 2019.

When was the latest funding round of Spinny?

Spinny's latest funding was a $90M Series G round on Dec 12, 2025, with participation from 2 investors. Its primary sector is Auto E-Commerce & Content. In India, the Auto E-Commerce & Content sector has seen $90.5M in funding in 2026 to date.

What is the annual revenue of Spinny?

Annual revenue of Spinny is ₹4,750Cr as on Mar 31, 2025.

Is Spinny a Auto E-Commerce & Content company?

The primary sectors of Spinny are Auto E-Commerce & Content and Auto Retail & Aftersales.

Where does Spinny rank among its competitors?

Spinny ranks 1st amongst 260 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Spinny, which secured $90M in Dec, 2025.

Who are the top competitors of Spinny?

Spinny's top competitors include CarDekho, CarWale and CarTrade. Among them, Spinny secured the most recent funding round in December, 2025.

Spinny - 2026 Company Profile, Team, Funding, Competitors & Financials

Spinny is a series G company based in Gurugram (India), founded in 2015 by Niraj Singh, Ramanshu Mahaur, Ganesh Pawar and Mohit Gupta. It operates as an Online retailer of inspected used vehicles with service and financing. Spinny has raised $698M in funding from investors like Accel, Tiger Global Management and General Catalyst, with a current valuation of $1.28B. The company has 260 active competitors, including 6 funded and 7 that have exited. Its top competitors include companies like CarDekho, CarWale and CarTrade.

Sectors and market segments that Spinny operate in

Spinny serves in the Auto Tech, Auto market segments.The primary business model of Spinny are:

Company Details

Online retailer of inspected used vehicles with service and financing. The business provides vehicle sales with options for home test drives and delivery. It offers vehicle service plans and facilitates financing through partner lenders. The business provides a platform for individuals to sell vehicles.

Website: www.spinny.com/
Social
Email ID: *****@spinny.com
Phone Number: +91 **********
Registered Address: 75-B,GROUND FLOOR NIL BLOCK, MALVIYA NAGAR, South Delhi, NEW DELHI, Delhi, India, 110017

Key Metrics

Founded Year

2015

Location

Gurugram, India

Stage

Series G

Total Funding

$698M in 15 rounds

Latest Funding Round

Series G, Dec 12, 2025, $90M

Post Money Valuation

$1.28B as on Feb 27, 2026

Investors

Sachin Tendulkar & 56 more

Ranked

1^st among 260 active competitors

Annual Revenue

₹4,750Cr as on Mar 31, 2025

Employee Count

5,736 as on May 31, 2025

Investment & Acquisitions

Haymarket SAC & 4 more

Similar Companies

Carvana & 218 more

View Spinny's full profile

Spinny is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
OUTFOX ADVISORS PRIVATE LIMITED CIN: U74999DL2017PTC323304 , India, Active	Sep 06, 2017	$2.98K (As on Mar 31, 2025)	536 (As on May 31, 2025)
PURERIDE TECHNOLOGIES PRIVATE LIMITED CIN: U72900DL2022PTC397506 , India, Active	Apr 28, 2022	$406M (As on Mar 31, 2025)	536 (As on May 31, 2025)
NORTHCRED SERVICES PRIVATE LIMITED CIN: U50400HR2019PTC079065 , India, Active	Mar 12, 2019	$5.85M (As on Mar 31, 2025)	-
Yellow Drive Technologies Private Limited CIN: U74900DL2015PTC279608 , India, Active	Apr 29, 2015	$14.4K (As on Mar 31, 2025)	24 (As on Mar 31, 2017)
VALUEDRIVE TECHNOLOGIES PRIVATE LIMITED CIN: U74999HR2019PTC077781 , India, Active	Jan 11, 2019	$561M (As on Mar 31, 2025)	4829 (As on Aug 01, 2025)

Spinny has raised a total funding of $698M over 15 rounds. Its first funding round was on Jun 06, 2017. Its latest funding round was a Series G round on Dec 12, 2025 for $90M. 2 investors participated in its latest round. Spinny has 43 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Spinny:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 12, 2025	$90M	Series G	$1.24B	0.8x	Accel	Fidelity Investments
Sep 29, 2025	$581K	Series F	$1.09B	1.0x	Sachin Tendulkar	-
Mar 13, 2025	$130M	Series F	$1.12B	1.7x	Accel	Elevation Capital, Tiger Global Management, Fundamentum, HaymarketMediaGroup, StockyDodo, WestBridge Capital, Konark Trust, MMPL Trust, ECH Holdco

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View details of Spinny's funding rounds and investors

The founders of Spinny are Niraj Singh, Ramanshu Mahaur, Ganesh Pawar and Mohit Gupta. Niraj Singh and Amit Kakkar are the CEOs of Spinny.

Here are the details of Spinny's key team members:

Niraj Singh: Founder & CEO of Spinny and founder of 1 other company. They are also an angel investor in 13 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Ramanshu Mahaur: Co-Founder & CTO of Spinny. They are also an angel investor in 3 startups and serve on the boards of 2 companies.
Ganesh Pawar: Former Co-Founder of Spinny. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Mohit Gupta: Co-Founder of Spinny and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 2 email addresses and 1 phone number

Spinny's Board of Directors

Spinny's board has 6 active members. Ashish Kumar, Ramanshu Mahaur, Mukul Arora, Mohit Gupta, Anand Daniel and Niraj Singh are part of team.

Here is the list of Spinny's board of directors:

Name	Type	Representing	Status	Duration
Ramanshu Mahaur	Team	-	Current	7y 4m
Mohit Gupta	Team	-	Current	7y 4m
Niraj Singh	Team	-	Current	6y 7m
Ashish Kumar	Investor	-	Current	5y 1m
Mukul Arora	Investor	Elevation Capital	Current	5y 2m
Anand Daniel	Investor	Accel	Current	5y 8m

View details of Spinny's Founder profiles and Board Members

Spinny's employee count trend

Spinny has 5,736 employees as of May 25. The total employee count is 19.0% more than what it was in May 24. Here is Spinny's employee count trend over the years:

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Top competitors of Spinny include CarDekho, CarWale and CarTrade. Here is the list of Top 10 competitors of Spinny, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spinny 2015, Gurugram (India), Series G	Online retailer of inspected used vehicles with service and financing	$698M	Fidelity Investments, Elevation Capital & 55 others	83/100
2nd	CarDekho 2008, Jaipur (India), Series C	App based platform offering car buying, selling, and comparison services	$60M	Dragon Funds, Navis Capital Partners & 7 others	83/100
3rd	CarWale 2003, Mumbai (India), Acquired	Online listing platforms that facilitate the sale of second-hand cars	$5.85M	Sierra Ventures, SVB & 12 others	79/100
4th	CarTrade 2006, Navi Mumbai (India), Public	App-based used cars listing platform	$272M	Temasek, Marche Capital & 9 others	78/100
5th	Droom 2014, Gurugram (India), Series G	Online retailer of used and new automobiles, plus related services	$344M	Digital Garage, Toyota Tsusho & 67 others	75/100
6th	ZigWheels 2008, Jaipur (India), Acquired	Online portal to find new and used car deals	-	-	66/100
7th	Truebil 2015, Mumbai (India), Acquired	Online P2P marketplace for used cars	$26.9M	Kalaari Capital, Shunwei Capital & 9 others	64/100
8th	CarTrade Tech 2006, Mumbai (India), Public	Online marketplace for used cars	$328M	Temasek, Canaan & 26 others	61/100
9th	Indus Motor 1984, Kochi (India), Unfunded	Provider of dealership services for buying & selling of used cars	-	-	55/100
10th	Mahindra First Choice 2007, Mumbai (India), Series C	Retailer of certified, pre-owned vehicles, providing inspection, warranty, and finance options	$72.3M	Mahindra, Valiant Mauritius Partners FDI ... & 21 others	51/100

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Looking for more details on Spinny's competitors? Click here to see the top ones

Founders own 12.36%, Funds (largest shareholder) own 80.26%, Enterprises own 2.07% and Angels own 0.52%. The net worth of Spinny's founders is INR 1,440Cr as of Feb 27, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	12.36%	1,440Cr	8922580	2857439	9467300	6937025
Niraj Singh	4289300	3096702	8737260	5845309	3870596	4531200
Ramanshu Mahaur	48	63	15	60	21	39
Mohit Gupta	30	93	22	95	74	38
Fund	80.26%	9,330Cr	5889189	7192089	5240379	7315116
Fidelity Investments	0	0	0	0	0	0
Elevation Capital	7335094	8800740	1066307	6217110	1370490	5280718
Accel	2387029	1978427	2246619	3892824	9871721	9654775
Enterprise	2.07%	241Cr	84	62	89	70
Angel	0.52%	60Cr	0	0	0	0
Sachin Tendulkar	0	0	0	0	0	0
Other People	0.05%	5.53Cr	0	0	0	0
ESOP Pool	4.74%	551Cr	9966	6793	5014	7510
Total	100.00%	11,600Cr	8199542	5636711	8445101	5078216

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of Spinny's Shareholding

Spinny has not made any investments yet. Spinny has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 20, 2025	Acquisition	Haymarket SAC	1999	Mumbai (India)
Mar 15, 2025	Acquisition	Autocar India	1999	Mumbai (India)
Feb 10, 2022	Acquisition	Scouto	2018	Ahmedabad (India)