Spinny Unicorn
Spinny is a Gurugram-headquartered full-stack platform for buying and selling certified used cars in India, offering 200-point inspected vehicles, fixed pricing, warranty, financing and a money-back guarantee across a network of physical car hubs and its website/app.
Spinny: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 14 Feb 2026 | Series G | $170 Mn (₹1,400 Cr approx.) | Accel (Accel Leaders Fund) Fidelity WestBridge Capital | source |
| 12 Jun 2025 | Series F | $170 Mn (in tranches) | Accel (Accel Leaders Fund) Fundamentum Partnership WestBridge Capital | source |
| 7 Dec 2021 | Series E | $283 Mn | ADQ (Abu Dhabi Growth Fund) Arena Holdings Avenir Growth Think Investments Tiger Global Management | source |
| 9 Jul 2021 | Series D | $105 Mn (₹771 Cr) | Tiger Global Management Avenir Growth FJ Labs GC DF Ventures General Catalyst | source |
| 7 Apr 2021 | Series C | $65 Mn | General Catalyst Arena Holdings Elevation Capital Fundamentum Partnership Think Investments | source |
| 2 Mar 2020 | Series B | $43.7 Mn | Fundamentum Partnership Accel Alteria Capital Elevation Capital General Catalyst KB Financial Group | source |
| 21 May 2019 | Series A | $13.2 Mn | Accel Alteria Capital Blume Ventures Elevation Capital Simile Ventures | source |
| 6 Jun 2017 | Seed | $1 Mn | Blume Ventures Indian Angel Network Kunal Shah Sandeep Tandon | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 6 Mar 2026 | Spinny | GoMechanic | Undisclosed (financed via ~$160M Series G tranche) | source |
Recent Signals
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14 Feb 2026 · funding
Spinny nets $170 Mn Series G from Fidelity, Accel at $1.5 Bn valuation, closing GoMechanic share-swap source -
13 Dec 2025 · ma-strategic
Spinny lines up ~$160 Mn to acquire car-servicing startup GoMechanic source -
28 Sep 2025 · financial
Spinny posts ₹4,657 Cr revenue in FY25, cuts losses by 28% to ₹424 Cr source
News on Spinny
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Who founded Spinny?
Spinny was founded by Niraj Singh, Ramanshu Mahaur, Mohit Gupta, Ganesh Pawar in 2015.
How much funding has Spinny raised?
Spinny has raised $850.9 Mn across 8 tracked funding round(s), most recently on 2026-02-14. Figures are compiled from cited public sources.
Who are the investors in Spinny?
Investors in Spinny include Accel (Accel Leaders Fund), Fidelity, WestBridge Capital, Fundamentum Partnership, ADQ (Abu Dhabi Growth Fund), Arena Holdings, Avenir Growth, Think Investments.
What does Spinny do?
Spinny is a Gurugram-headquartered full-stack platform for buying and selling certified used cars in India, offering 200-point inspected vehicles, fixed pricing, warranty, financing and a money-back guarantee across a network of physical car hubs and its website/app.
Where is Spinny headquartered?
Spinny is headquartered in Gurugram, Haryana, India.
What is Spinny's business model?
Spinny's core value proposition centers on Guaranteed, no-haggle certified used cars, "Guaranteed Love" full-stack ownership experience.
How does Spinny make money?
Spinny's cited revenue streams include Used car sales margin, Auto financing income (Spinny Capital), Insurance commission income (Spinny Insurance).