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SPINNY VALUATION
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...28 Sep, 2025, 01.30 PM IST- IPO pipeline worth $1 billion builds for India used-car startupsIndian online used car vendors like CARS24, CarDekho, and Spinny are streamlining operations and divesting from secondary ventures to prepa...18 Sep, 2025, 07.34 AM IST
- ETtech Deals Digest: Startups raise $309.7 million this week; up 3.3x on-yearStartups across seed, early, and late stages raised the funds through 25 deals, compared to 75 in the year-ago period.04 Apr, 2025, 07.47 PM IST
- Spinny closes $131 million funding round from existing investors led by Accel Leaders FundSpinny had last raised $283 million in December 2021 led by Abu Dhabi-based ADQ, Tiger Global and Avenir Growth – in a round that catapulte...31 Mar, 2025, 08.09 PM IST
- Crypto traders on taxmen radar; Spinny fuels upIndian tax authorities are scrutinising Binance traders over compliance concerns. This and more in today’s ETtech Top 5.31 Mar, 2025, 07.40 PM IST
- Spinny trims losses; crypto exchanges’ FEMA worriesUsed car sales startup Spinny cut down its losses sharply in FY24 while recording a revenue rise of 14 %. This and more in today’s ETtech T...04 Nov, 2024, 07.49 PM IST
- 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 ...08 Nov, 2023, 05.31 PM IST
- Sachin Tendulkar continues to score big in endorsementsDespite the belief that cricketers have a shorter shelf life for endorsements compared to Bollywood stars, Tendulkar's brand endorsement va...25 Apr, 2023, 12.55 AM IST
- 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 ...10 Feb, 2022, 09.27 PM IST
- Spinny completes ESOP buyback worth $12 millionThis is the first ESOP buyback that Spinny, which recently onboarded former cricketer Sachin Tendulkar as a strategic investor, has facilit...21 Dec, 2021, 02.01 PM IST
- Sachin Tendulkar joins Spinny as strategic investor, lead brand endorser"Having him onboard with Spinny is absolutely heart-warming, and we are proud to welcome our newest captain of squad Spinny, Sachin Ramesh ...14 Dec, 2021, 11.26 AM IST
- 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...07 Dec, 2021, 07.26 PM IST
- Dream Sports valuation hits $8B; crypto investors panicIndia’s gaming firms raised $549 million in the first quarter of 2021, more than in all of 2020, according to a report by Boston Consulting...24 Nov, 2021, 07.58 PM IST
- Spinny turns unicorn after raising $285 million from ADQ, Tiger Global and othersThe company’s valuation of $1.5 billion pre-money has nearly doubled since it raised $108 million from Tiger Global and others in July. It ...24 Nov, 2021, 06.13 PM IST
- 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 ...19 Jul, 2021, 07.46 PM IST
- 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...15 Apr, 2021, 06.22 PM IST
- 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 ...22 May, 2019, 10.30 AM IST
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