Used-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved E...

Mehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after over a decade. He will remain on ...

Spinny has secured 160–170 million in a funding round led by US-based investors Fidelity and Accel Leaders Fund. The deal includes 90 milli...

Cars24, a platform for buying and selling new and used cars, has acquired Team-BHP, a popular automotive forum. While the financial details...

Spinny had last raised $283 million in December 2021 led by Abu Dhabi-based ADQ, Tiger Global and Avenir Growth – in a round that catapulte...

Tiger 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 ...

The layoffs are part of a restructuring exercise that will also see its budget and luxury car offerings — Truebil and Spinny Max — being me...

As 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 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...

Existing investors Feroz Dewan’s, Arena Holdings and Think Investments, too, participated in the round that valued Spinny at around $1.8 bi...

Spinny’s intent is to create something that inspires young India to achieve more and more. With this association, Sindhu will now sport the...

The fundraise, a mix of primary capital ($105 million) and secondary share sale ($3 million), values the Gurugram-based used cars reseller ...

Spinny, 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...

People have increasingly started to prefer personal mobility solutions and the used-car market has proven to be a viable option amid the pa...

Its online-to-offline (O2O) model allows customers to discover cars online on Spinny's website and make the final purchase offline at a Spi...

The Series-A round also saw participation from venture debt firm Alteria Capital as well as Spinny’s existing investors Blume Ventures and ...

Spinny said it intends to use the funds primarily to strengthen its technology platform and for the expansion of its hubs.