Spinny books IPO ride; UPI subsidies may endSpinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
22 Sep, 2026, 08.04 PM IST
Tiger Global-backed used-car sales platform Spinny files confidentially for Rs 3,000-crore IPOThe company, which competes with the likes of SoftBank-backed Cars24, is in expansion mode and may utilise the fresh capital from its publi...
22 Sep, 2026, 10.16 AM IST
From Mamaearth to Phool: Shilpa Shetty, MS Dhoni, Sachin Tendulkar, Alia Bhatt among celebrity investors to back startupsCelebrity investments: Bollywood stars and cricket legends are increasingly backing Indian startups. A Tracxn report identifies 10 celebrit...
08 Sep, 2026, 04.20 PM IST
Shilpa Shetty beats Virat Kohli, MS Dhoni: 10 celebrities with the highest number of startup investment roundsShilpa Shetty Kundra leads Tracxn’s ranking of celebrity startup investors with 10 disclosed funding rounds between 2021 and 2026 YTD. MS D...
08 Sep, 2026, 12.01 PM IST
Accel raises $550 million for India, keeps early-stage focus as AI reshapes deal flowThe Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims to invest early and help companies...
12 Aug, 2026, 07.40 AM IST
CarTrade Tech partners Spinny to expand used-car marketplace across CarWale, OLX IndiaCarTrade Tech and Spinny have formed a strategic partnership. This collaboration aims to improve the used car buying and selling experience...
29 Jul, 2026, 08.24 AM IST
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...
14 Feb, 2026, 07.43 AM 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
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...
03 Aug, 2023, 06.18 PM IST
Spinny announces launch of stock option plan for all employees“Since the inception, we have focussed on nurturing a healthy working environment and a robust value system where we work to build a truste...
04 Oct, 2022, 10.40 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
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...
26 Oct, 2021, 04.59 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
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...
26 May, 2020, 05.32 PM IST