Key Metrics
  • No. of Employees1520
  • Founded Year 2015
  • Company StagePrivate Limited Company
  • Total Funding₹3,825.88 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Spinny

Founded in 2015, Spinny is an online used-car retailing platform that aims to bring about transparency and convenience in the car buying and selling process in India. Spinny operates across the entire value chain of pre-owned cars, embedding superior technology and processes to deliver a premium experience to customers. As a testimony of Spinny's commitment to transparency and quality, every car on the Spinny platform comes with a 200-point inspection checklist, 5-day no questions asked money-back guarantee, and 1-year after-sales warranty. Currently, Spinny has 36 car hubs that operate across 15 cities - Delhi, Gurugram, Noida, Bangalore, Mumbai, Pune, Hyderabad, Chennai, Kolkata, Ahmedabad, Lucknow, Jaipur, Chandigarh, Indore and Coimbatore.

Business Model

Spinny is Used car buying and selling platform. The startup buys cars and fixes glitches before pushing them to buyers through its digital channels including popular marketplaces. To make a second-hand car buying trustworthy, the Gurugram-base Spinny pivoted last year from marketplace model to become inventory led full stack retailer.

Top Competitors
CA
CartradeU74900MH2000PTC126237
CA
CardekhoU72200RJ2006PTC023499
DR
DroomU72300DL2014PLC271386
CA
Cars24U74999HR2015FTC056386
Spinny Funding Details
Funding Highlights
Latest Funding RoundSeries E
Total Funding Raised₹3,825.88 Cr
No. of Investments Made0
Total No. of Acquisitions3
Lead Investors3
Investors
  • Elevation Capital, Accel, Tiger Global
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Spinny Financial Details
Financial Highlights
FY 2023-24 Revenue₹3,821.86 Cr
FY 2023-24 Expenses₹4,409 Cr
FY 2023-24 Profit/Loss-₹590.37 Cr
Net Cash Flow From Operations-₹268.68 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Spinny Key People
People Metrics
Current Core Team2
Board Members/Directors6

Core Team

NS
Niraj SinghCo-Founder & CEO
RM
Ramanshu Mahaur Co-Founder & CTO

Board Members/Directors

MG
Mohit GuptaDirector
NS
Niraj SinghDirector
RM
Ramanshu MahaurDirector
AD
Anand DanielNominee Director
AK
Ashish KumarNominee Director
MA
Mukul AroraNominee Director
Spinny Documents

AY - 2018-19

Profit and Loss statement - Spinny - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Spinny for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Spinny - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Spinny for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Spinny - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Spinny for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Spinny - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Spinny for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Spinny - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Spinny for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Spinny - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Spinny for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Spinny - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Spinny for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Spinny - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Spinny for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Spinny - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Spinny for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Spinny - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Spinny for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Spinny - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Spinny for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Spinny - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Spinny for FY 2023-24
₹249.00 ₹498.00

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