About Spinny
Spinny is a company based in Gurugram (India) founded in 2015 by Aarti Gupta, Niraj Singh, Ramanshu Mahaur, and Mohit Gupta. Spinny has raised $716.48 million across 17 funding rounds from investors including Kaiser Permanente, KB Financial Group and Accel. The company has 3,992 employees. Spinny has completed 6 acquisitions, including Autocar India, GoMechanic and Haymarket SAC. Spinny offers products and services including Used Car Platform, Test Drive Service, and Car Finance Service. Spinny operates in a competitive market with competitors including CarDekho, CarWale, Droom, CarTrade Tech and Truebil, among others.
- Headquarter Gurugram, India
- Employees 3,992
- Founders Aarti Gupta, Niraj Singh, Ramanshu Mahaur, Mohit Gupta
- Stage Unicorn
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles
- Email••••••••
- Phone•••• ••••
- Website spinny.com
- Social LinkedIn X Facebook Instagram
- Legal Name Valuedrive Technologies Private Limited
- Date of Incorporation 11 Jan, 2019
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹4,746 Cr
FY 2025 · +24% YoY
- Net Loss-₹424 Cr
FY 2025 · -9% margin
- EBITDA-₹292 Cr
FY 2025 · -6% margin
- Total Equity Funding$716.48M (USD)
in 17 rounds
- Latest Funding Round$43.81M (USD), Series F
Dec 2025
- InvestorsKaiser Permanente
& 36 more
- Employee Count3,992
- Investments & AcquisitionsAutocar India
& 5 more
Associated legal entities of Spinny
Spinny is associated with 3 registered companies on The Company Check; the primary company is Valuedrive Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Valuedrive Technologies Private Limited CIN U74999HR2019PTC077781 | Active | 11 Jan 2019 | Gurgaon, Haryana | ₹4,746 Cr | 3,992 | 7 | View details |
| Pureride Technologies Private Limited CIN U72900DL2022PTC397506 | Active | 28 Apr 2022 | Delhi, Delhi | ₹3,429 Cr | 581 | 2 | View details |
| Outfox Advisors Private Limited CIN U74999DL2017PTC323304 | Active | 06 Sep 2017 | New Delhi, Delhi | ₹237 Cr | – | 2 | View details |
Products & Services of Spinny
Spinny offers a comprehensive portfolio of products and services, including Used Car Platform, Test Drive Service, and Car Finance Service.
Online service for buying and selling certified used cars
Home or hub-based test drives for pre-owned cars
Assists with loans and financing for used car purchases
Apps and channels of Spinny
Spinny publishes 1 mobile app with over 5M+ downloads.
Funding Insights of Spinny
Spinny has successfully raised a total of $716.48M across 17 strategic funding rounds. The most recent funding activity was a Series F round of $43.81 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $716.48M
- Total Rounds 17
- Last Round Series F — $43.81M
- First Round $1.42M
(Jun 2017)
- Investors Count 37
Latest 10 of 17 funding rounds of Spinny with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | $43.81M | Series F | – | Accel | – |
| Sep 2025 | $1.58M | Series F | – | Sachin Tendulkar | – |
| Jun 2025 | $40M | Series F | – | – | |
| Mar 2025 | $110M | Series E | – | Accel | |
| Nov 2024 | $665,935 | Angel Round | $1.65B | Sachin Tendulkar | – |
| Sep 2023 | $601,530 | Angel Round | $1.65B | Sachin Tendulkar | – |
| Sep 2022 | $517,744 | Angel Round | $••••• | Sachin Tendulkar | – |
| Nov 2021 | $283M | Series E | $••••• | Tiger Global Management, Avenir Growth Capital | |
| Jul 2021 | $108M | Series D | $••••• | Tiger Global Management | |
| Mar 2021 | $65M | Series C | $••••• | General Catalyst, Timf Holdings |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2024 | $1.65B | •••••••• |
| Sep 2023 | $1.65B | •••••••• |
| Sep 2022 | $••••• | •••••••• |
| Nov 2021 | $••••• | •••••••• |
| Jul 2021 | $••••• | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| Feb 2021 | $••••• | •••••••• |
| Feb 2020 | $••••• | •••••••• |
Full valuation and stage history of Spinny
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Last known valuation $1.65B (Nov 2024). 37 investors in total: 27 institutional and 10 angel.
Investors in Spinny
Spinny has secured backing from 37 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kaiser Permanente, KB Financial Group and Accel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Elevation Capital is focused on early-stage tech investments in India. | – | elevationcapital.com | Delhi, India | |
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Growth capital fund VC and accelerator firm for mid-stage tech companies | – | fundamentum.co.in | Gurugram, India | |
Growth equity investments are made by the private equity firm. | – | avenirgrowth.com | New York, United States | |
Private equity firm focused on private and public companies | – | arenaholdings.com | New York, United States | |
Venture capital is focused on auto tech and multiple sectors. | – | timfholdings.tcc.mode | San Francisco, United States | |
Venture capital firm focused on multiple sectors | – | somerville.tcc.mode | Birmingham, United States | |
Investment Firm | – | thinkinvestments.com | San Francisco, United States | |
Tech focused seed and early stage VC firm investing in the UK and Germany | – | simileventure.com | Luxembourg, Luxembourg |
Investor details for Spinny
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Board of directors of Valuedrive Technologies Private Limited (Spinny)
Valuedrive Technologies Private Limited is the primary company behind Spinny. The boards of the 3 registered companies of Spinny currently have 10 directors; the longest-serving is Mohit Gupta, appointed in 2019. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohit Gupta DIN 07383489 | Director | 11 Jan 2019 | 7 yrs 9 mo | Valuedrive Technologies Private Limited |
| Ramanshu Mahaur DIN 07332483 | Director | 11 Jan 2019 | 7 yrs 9 mo | Valuedrive Technologies Private Limited |
| Niraj Singh DIN 01474431 | Director | 20 Feb 2019 | 7 yrs 7 mo | Valuedrive Technologies Private Limited |
| Anand Daniel DIN 03441515 | Nominee Director | 14 Sep 2020 | 6 yrs | Valuedrive Technologies Private Limited |
| Mukul Arora DIN 01099294 | Nominee Director | 19 Feb 2021 | 5 yrs 7 mo | Valuedrive Technologies Private Limited |
| Madan Gopal Banga DIN 02712129 | Director | 28 Apr 2022 | 4 yrs 5 mo | Pureride Technologies Private Limited |
| Harish Kumar Banga DIN 02631028 | Director | 28 Apr 2022 | 4 yrs 5 mo | Pureride Technologies Private Limited |
| Reddappa Kalyan Kumar DIN 09550607 | Director | 31 Mar 2024 | 2 yrs 6 mo | Outfox Advisors Private Limited |
| Ramakrishnan Sathish DIN 09557447 | Director | 31 Mar 2024 | 2 yrs 6 mo | Outfox Advisors Private Limited |
| Neeraj Arora DIN 07221836 | Nominee Director | 24 Oct 2025 | 11 mo | Valuedrive Technologies Private Limited |
People of Spinny
157 people are tracked at Spinny (33 in leadership, 124 in team); the tracked headcount is 3,992.
| Name | Role | Group |
|---|---|---|
Aarti Gupta | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder | Leadership | |
Kapaganti Srinivas Guptha | Associate Vice President | Leadership |
Tanvi Madaan | Associate Vice President | Leadership |
Sambhaw Pandey | General Manager - Talent Acquisition | Leadership |
Akshay Pasricha | Head - Insurance Business | Leadership |
Bhumit Shokeen | Vice President Engineering | Leadership |
Abhishek Sharma | Head - Business - Financial Services | Leadership |
Shweta Singh | Head Of People And Customer Experience | Leadership |
Karan Kumar | VP Product | Leadership |
Ankit Jindal | Director Of Engineering | Leadership |
Ravi Hans Jora | Head Finance And Strategy | Leadership |
Rishi Gupta | General Manager - Central Operations & Lending | Leadership |
Mohit Kataria | Vice President & Business Head | Leadership |
Ajay Gupta | Director Of Engineering | Leadership |
Rohit Shankar | Product Manager (founder's Office) | Leadership |
Bhanu Pratap Singh | Regional Head | Leadership |
Hanish Yadav | Senior Vice President & Business Head | Leadership |
137 more people are available in the full profile.
Complete people profiles for Spinny
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Financials of Spinny
Figures of Valuedrive Technologies Private Limited, the primary company behind Spinny, for FY 2025. Revenue was ₹4,746 Cr (+24% year on year). Net loss was -₹424 Cr (-9% margin). EBITDA was -₹292 Cr (-6% margin). Revenue has grown at a compounded annual rate of +198% over three years.
- ₹4,746 CrRevenue · FY 2025 · +24% YoY
- -₹424 CrNet loss · -9% margin
- -₹292 CrEBITDA · -6% margin
- ₹111 CrPaid-up capital
- 3,992Employees (provident fund records)
- +198%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Valuedrive Technologies Private Limited are on its company page.
Detailed financial statements for Spinny
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Spinny
Spinny has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Autocar India, GoMechanic and Haymarket SAC.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of car service and repair network | gomechanic.in | Gurugram, India | 2016 | Nov 2025 | •••• | |
Media-based magazines are published by Haymarket SAC. | haymarketsac.com | Mumbai, India | 1999 | Mar 2025 | •••• | |
Official website of monthly automobile magazine | autocarindia.com | Mumbai, India | 1999 | Mar 2025 | •••• | |
AI-powered car tracking and diagnostics solutions | scouto.in | Ahmedabad, India | 2018 | Feb 2022 | •••• | |
Online P2P marketplace for used cars | truebil.com | Mumbai, India | 2015 | Aug 2020 | •••• | |
Provides self-drive car rentals with flexible options and online booking services. | hopcar.in | Gurugram, India | 2015 | Jun 2016 | •••• |
Complete acquisition details for Spinny
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Timeline of Spinny
11 dated milestones of Spinny across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Spinny is founded.
- Acquisition Acquires Hopcar.
- Funding First funding round of $1.4M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Truebil.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Scouto.
- Acquisition Acquires Autocar India.
- Acquisition Acquires Haymarket SAC.
- Acquisition Acquires GoMechanic.
- Funding Latest funding round, Series F, of $43.8M.
Competitors of Spinny
Spinny operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CarDekho, CarWale, Droom, CarTrade Tech and Truebil, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cardekho.com | 2008 | Jaipur, India | $60M | 2,381 | Retailer of new automobiles, used vehicles, and related automotive news | |
| carwale.com | 2003 | Mumbai, India | $5.89M | 1,150 | Second-hand cars are listed online to connect buyers and sellers. | |
| droom.in | 2014 | Gurugram, India | $344.27M | 156 | Used vehicles are bought and sold through an AI platform. | |
| cartradetech.com | 2006 | Mumbai, India | $327.94M | 1,140 | Online marketplace for used cars | |
| truebil.com | 2015 | Mumbai, India | $26.91M | 5 | Online P2P marketplace for used cars | |
| mahindrafirstchoice.com | 1994 | Mumbai, India | $72.26M | 634 | Multi-brand used cars are traded via an online marketplace platform. | |
| carnation.in | 2008 | Noida, India | $42.71M | 19 | Online listing portal to buy new and used cars along with car service | |
| zigwheels.com | 2008 | Jaipur, India | – | 2,367 | Online portal to find new and used car deals |
Detailed competitors of Spinny
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Web traffic of Spinny
The website of Spinny (spinny.com) receives about 7.3M visits a month and ranks #7,428 among all websites worldwide, #113 in Vehicles.
- Monthly visits7.3M
▲ 2.9% vs previous month
- Unique visitors3.5M
per month
- Global rank#7,428
among all websites
- Category rank#113
Vehicles · Vehicles
- Bounce rate38%
- Pages per visit4.1
- Average visit2 min 07 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with Spinny. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
marutisuzukitruevalue.com | marutisuzukitruevalue.com | 100% | – | #32,114 | – |
| cardekho.com | 87% | 39.3M | #1,206 | View details | |
| carwale.com | 87% | 58.3M | #687 | View details | |
| cartrade.com | 84% | 1.9M | #30,687 | View details | |
| mahindrafirstchoice.com | 81% | 174.3K | #214,761 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Spinny
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Latest news on Spinny
Complete news archive for Spinny
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Similar companies to Spinny
10 companies that operate in the same segment as Spinny (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 | |
App-based used cars listing platform | 2009 | Mumbai, Maharashtra, India | USD 272.44 M | – | – |
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Frequently Asked Questions about Spinny
Spinny was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Spinny is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Niraj Singh is the current CEO of Spinny. They have also founded this company.
Spinny is a funded company, having raised a total of $716.48M across 17 funding rounds to date. The company's 1st funding round was a Series C of $65M, raised on Jun 2017.
Spinny has 3,992 employees.
The primary company behind Spinny, Valuedrive Technologies Private Limited, reported revenue of ₹4,746 Cr for FY 2025, up 24% year on year.
Retailer of inspected, certified pre-owned vehicles with service and finance options. The company provides a platform for individuals to buy and sell used cars. Inspection reports are available, and a money-back guarantee is offered. Customers can explore various makes and models, and schedule test drives.
Spinny offers Used Car Platform, Test Drive Service, and Car Finance Service.
Spinny has made 6 acquisitions, including Autocar India, GoMechanic, and Haymarket SAC.
Spinny has 37 investors. Key investors include Kaiser Permanente, KB Financial Group, Accel, xto10x, and HaymarketMediaGroup.
The valuation of Spinny is $1.65B as of Nov 2024.