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Spinny

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Niraj Singh's photo - Co-Founder & CEO of Spinny

Co-Founder & CEO

Niraj Singh

CEO Approval Rating

100/100

Founded:

2015

Status:

PrivateIndependent Company

Est. Annual Revenue
$310M
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Est. Employees
900
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SPINNY TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Spinny's company profile
Niraj Singh's photo - Co-Founder & CEO of Spinny

Niraj Singh

Co-Founder & CEO

100/100
900
$280.9M
$310M
View Profile
1
Spinny's Competitor - CarDekho logo
Amit Jain's photo - Co-Founder & CEO of CarDekho

Amit Jain

Co-Founder & CEO

85/100
4,800
$262.5M
$100.3M
View Profile
2
Spinny's Competitor - Droom logo
Sandeep Aggarwal's photo - Founder & CEO of Droom

Sandeep Aggarwal

Founder & CEO

76/100
430
$338.5M
$65M
View Profile
3
Spinny's Competitor - CARS24 logo
Vikram Chopra's photo - Co-Founder & CEO of CARS24

Vikram Chopra

Co-Founder & CEO

73/100
7,000
$921.8M
$416.5M
View Profile
4
Spinny's Competitor - gaadi logo
Umang Kumar's photo - Co-Founder & CEO of gaadi

Umang Kumar

Co-Founder & CEO

80/100
175
- -
$4.5M
View Profile
5
Spinny's Competitor - CarTrade logo
Vinay Sanghi's photo - Co-Founder & CEO of CarTrade

Vinay Sanghi

Co-Founder & CEO

81/100
$310.7M
View Profile
6
Spinny's Competitor - CarWale logo
CEO Avatar

CEO

- -
500
$7M
$15M
View Profile
7
Spinny's Competitor - Creative Webmedia Pvt Ltd logo
Mukesh Rajauria's photo - CEO of Creative Webmedia Pvt Ltd

Mukesh Rajauria

CEO

83/100
200
- -
$5M
View Profile
8
Spinny's Competitor - Carnation logo
Jagdish Khattar's photo - Founder & CEO of Carnation

Jagdish Khattar

Founder & CEO

76/100
400
$40.3M
$4M
View Profile
9
Spinny's Competitor - CheckGaadi logo
Amit Nigam's photo - Founder of CheckGaadi

Amit Nigam

Founder

68/100
65
- -
$ < 1M
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10
Spinny's Competitor - News Republic logo
Gilles Raymond's photo - Founder & CEO of News Republic

Gilles Raymond

Founder & CEO

68/100
50
$9M
$5.9M
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11
Spinny's Competitor - STCars logo
CEO Avatar

CEO

- -
130
- -
$5.6M
View Profile
12
Spinny's Competitor - OLX logo
Amit Kumar's photo - CEO of OLX

Amit Kumar

CEO

82/100
5,000
$18.5M
$51.2M
View Profile

Missing a competitor? Contribute!

CarDekho is one of Spinny's top competitors. CarDekho is a Private company that was founded in Jaipur, Rajasthan in 2008. CarDekho is in the Automobile Dealers, Service providers, Online Platforms field. CarDekho has 3,900 more employees vs. Spinny.

Droom is perceived as one of Spinny's biggest rivals. Droom was founded in 2014 in New Delhi, Delhi. Droom competes in the Automobile Dealers, Service providers, Online Platforms industry. Droom generates $245M less revenue than Spinny.

CARS24 is a top competitor of Spinny. CARS24's headquarters is in Gurgaon, Haryana, and was founded in 2015. CARS24 competes in the Automobile Dealers, Service providers, Online Platforms field. CARS24 generates 134% of Spinny's revenue.

Spinny Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Paix Technology Private Limited

Aug 2020

Source »
undisclosed
Truebil is an online marketplace that allows users to search for new and pre-owned cars.
HopCar

Jun 2016

Source »
undisclosed
Hopcar is an online portal that enables users to review, compare, buy and sell used cars in India.

These are all the companies that Spinny has acquired. Spinny has acquired 2 companies and its latest acquisition was Paix Technology Private Limited in Aug 2020. Truebil is an online marketplace that allows users to search for new and pre-owned cars.

Spinny Funding History

Since Spinny was founded in 2015, it has participated in 6 rounds of funding. In total Spinny has raised $280.9M. Spinny's last funding round was on Jul 2021 for a total of $108.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series D
Jul 2021
$108M
Series C
Apr 2021
$65M
Series B
Mar 2020
$43.7M
Series B
Sep 2019
$50M
Series A
May 2019
$13.2M

Since Spinny was founded in 2015, it has participated in 6 rounds of funding. In total Spinny has raised $280.9M. Spinny's last funding round was on Jul 2021 for a total of $108.0M

Spinny Investments

No recent investments found related to Spinny

Spinny News

July 19, 2021The Tech Portal

Spinny scores $108Mn in fresh capital as it looks to dominate India's used car market

Spinny, a platform for selling used cars online, has raised $108Mn in...... See more »
July 11, 2021DealStreetAsia

Tiger Global leads $104m funding in Indian used car retailer Spinny

Tiger Global has alone invested about $74 million in the round.... See more »
May 24, 2021YourStory

Spinny collaborates with 1MG labs for providing on the spot RT-PCR test

Under the partnership, Spinny will provide delivery trucks, used to deliver cars to its customers, to... See more »
May 10, 2021Global Legal Chronicle

Spinny's $65 Million Series C Fundraising

Samvad Partners advised The Fundamentum Partnership Fund on the deal. Spinny raised $65 million (Rs 4... See more »
April 12, 2021Volanews

Indian Used Car Retailing Startup Spinny Snags $65M Led By General Catalyst

Gurugram-based used car retailing platform Spinny on Thursday announced that it has raised $65 millio... See more »
April 8, 2021Inc42 Magazine

Used Cars Marketplace Spinny Bags $65 Mn To Take On Cars24, CarDekho & Co

Gurugram-based online used cars marketplace Spinny has raised $65 Mn in a Series C funding round led ... See more »
April 8, 2021The Economic Times

Spinny gets $65 million funding at a valuation of $350 million

Spinny, with its 900 employees, currently operates in nine cities and plans to expand to six more in ... See more »

Spinny Blogs

December 14, 2020Spinny Blog

Hyundai Aura vs Competitors: Compact Sedans Compared

Thanks to the competitive nature of the Indian car market, the compact sedan segment is filled to the... See more »
December 12, 2020Spinny Blog

Why you should sell your car before 2020 ends

It is a well known fact that cars are a depreciating asset. The value of a car depreciates year on ..... See more »
December 10, 2020Spinny Blog

Ford Ranger Raptor set to launch in India in 2021

SUV off-roaders are purpose-built machines designed to take you off the beaten path. But what if you ... See more »
December 10, 2020Spinny Blog

Nissan Magnite Features, Variants, & Pricing

The compact SUV segment has a new competitor and it is the Nissan Magnite. Nissan is looking to signi... See more »
December 9, 2020Spinny Blog

Hyundai iMT: How it works & Advantages Explained

When it comes to automotive technological innovation, the transmission is one area that has seen sign... See more »
December 8, 2020Spinny Blog

5 Best Used CVT Automatic Cars under ₹6 lakhs

Driving is no doubt one of the most pleasurable experiences there is. Driving through the roads in yo... See more »
December 7, 2020Spinny Blog

Used 2011-2019 Honda Brio Overview: Impressive Small Package

India is a country of congested roads and even more cramped parking spaces. Buying a car often takes ... See more »

Spinny Press Releases

Spinny Videos

Social Media

Spinny Headquarters

Sushant Lok B Block, Phase - 1 801 - 806, 8th Floor, Vipul Square

Gurgaon, Haryana122001

Driving Directions »

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Spinny Summary

ABOUT

Overview

Spinny is an India-based online marketplace that allows users to buy and sell pre-owned cars across India. Spinny was founded in 2015. Spinny's headquarters is located in Gurgaon, Haryana, IN 122001. It has raised 280.9M in 6 rounds. The latest round ...

CEO

Spinny's Co-Founder & CEO, Niraj Singh, currently has an approval rating of 100%. Spinny's primary competitors are CarDekho, Droom & CARS24.

Website

spinny.com

Frequently Asked Questions about Spinny

  1. When was Spinny founded?

    Spinny was founded in 2015
  2. Who is Spinny's CEO?

    Spinny's CEO is Niraj Singh
  3. How much revenue does Spinny generate?

    Spinny generates $310M in revenue
  4. How much funding does Spinny have?

    Spinny has historically raised $280.9M in funding
  1. Where is Spinny's headquarters?

    Spinny's headquarters is in Gurgaon Haryana, IN
  2. How many employees does Spinny have?

    Spinny has 900 employees
  3. What sector does Spinny operate in?

    Spinny is in Automobile Dealers, Service providers, Online Platforms
  4. Who are Spinny's competitors?

    Spinny's top competitors are CarDekho, Droom, CARS24