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SPINNY USED CARS
India’s first choice for cars is going second-handIndia’s car market is shifting gears: why stretch for a new hatchback when a used SUV gets you further? A booming pre-owned market is redef...- ‘Main Aryan bol raha hu’: Man says he sold his dad’s car after negotiating with an AI botA man successfully sold his father's car after a surprisingly human-like negotiation with an AI voice bot from Spinny. The AI, named Aryan,...
- Kia Sonet X Line infotainment review: Why this screen matters more than everIndian car buyers now prioritize infotainment, with over 60% seeking advanced connectivity. The Kia Sonet X Line excels with sharp dual scr...
- Cars24 operating loss narrowed in FY26, revenue grew 27%: CEO Vikram ChopraUsed-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved E...
- Cars24 cofounder Mehul Agrawal steps down from operating roleMehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after over a decade. He will remain on ...
- Fidelity, Accel lead $160–170 million investment round in SpinnySpinny has secured 160–170 million in a funding round led by US-based investors Fidelity and Accel Leaders Fund. The deal includes 90 milli...
- Spinny trims losses in FY25 as revenue grows 25% to Rs 4,657 croreThe Gurugram-based Used-car sales platform’s net loss for FY25 came in at Rs 424 crore, down 28% from FY24, making it the second consecutiv...
- Used-car seller Cars24 acquires auto forum Team-BHPCars24, a platform for buying and selling new and used cars, has acquired Team-BHP, a popular automotive forum. While the financial details...
- Spinny's losses swell to Rs 820 crore in FY23, revenue surges 30XTiger Global-backed Spinny's gross revenue surged 30 times to Rs 3,262 crore in FY23 from Rs 109 crore in FY22, according to its financial ...
- Used car startup Spinny lays off around 300 employeesThe layoffs are part of a restructuring exercise that will also see its budget and luxury car offerings — Truebil and Spinny Max — being me...
- Spinny acquires AI-powered car connectivity startup ScoutoAs part of the acquisition, Scouto’s founders will join Spinny’s team and help build and drive the used car retailing platform’s connected ...
- Used car sellers are on a hiring spree as demand shoots through the roofUsed car retailer Spinny said that it wants to add at least 5,000 new roles through 2022 as it more than doubles its team of about 4,000 at...
- Spinny joins unicorn club with $283 million funding led by ADQ, Tiger Global, Avenir GrowthExisting investors Feroz Dewan’s, Arena Holdings and Think Investments, too, participated in the round that valued Spinny at around $1.8 bi...
- Spinny onboards PV Sindhu as brand ambassadorSpinny’s intent is to create something that inspires young India to achieve more and more. With this association, Sindhu will now sport the...
- Spinny gets $108 million funding from Tiger Global, othersThe fundraise, a mix of primary capital ($105 million) and secondary share sale ($3 million), values the Gurugram-based used cars reseller ...
- Spinny gets $65 million funding at a valuation of $350 millionSpinny, with its 900 employees, currently operates in nine cities and plans to expand to six more in 2021. It sells used cars in the Rs 4-8...
- Spinny reports 20% rise in sales to 1,000 units in festive seasonPeople have increasingly started to prefer personal mobility solutions and the used-car market has proven to be a viable option amid the pa...
- Spinny sells 300 used cars in lockdown, expects to return to pre-corona level volume by next monthIts online-to-offline (O2O) model allows customers to discover cars online on Spinny's website and make the final purchase offline at a Spi...
- SAIF, Accel Partners & others invest in used-car retailing platform SpinnyThe Series-A round also saw participation from venture debt firm Alteria Capital as well as Spinny’s existing investors Blume Ventures and ...
- Spinny gets $1 million to sell you a used carSpinny said it intends to use the funds primarily to strengthen its technology platform and for the expansion of its hubs.
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