FundedIQ
Commerce and Shopping

Spinny: Funding, Investors & Team (Oct 2026)

Spinny is a tech-powered new-age used car buying platform enabling trustworthy and hassle-free transactions in used cars. It also brings absolute trust and simplicity to the Indian used car market. They follow a full-stack business model to offer value, transparency, and simplicity to their customers. Spinny's goal is to help our customers buy a car that matches their aspirations. It was founded in 2015 and is headquartered in Gurgaon, Haryana, India.

www.spinny.com LinkedIn Gurgaon, India 1001-5000 employees
Automotive E-Commerce
Total raised
$449M
Rounds
3
Latest
Series E
Nov 2021

Spinny has raised $449M across 3 funding rounds on record, the most recent a Series E of $280M announced in Nov 2021.

That round is above the $3.7M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

Spinny Company Profile and Key Stats

Total funding raised
$449M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series E
$280M in Nov 2021
Employees
1001-5000
reported band
Headquarters
Gurgaon, India

Latest funding round on record: Nov 2021.

Spinny Funding Rounds

Date
Round
Amount
Series E
$280M
Series D
$104M
Series C
$65.0M

Spinny raised $65.0M in a Series C announced in Apr 2021.

3 months later, a Series D of $104M was announced in Jul 2021.

4 months later, a Series E of $280M was announced in Nov 2021.

Spinny Founders and Leadership Team

Name
Role
Contact
Mohit Gupta
CEO
Locked
Niraj Singh
CEO
Locked

Contact details for the Spinny team: 2 of 2 have an email address on file.

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Spinny Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
3,325
$3.0M
277
$100M

Spinny's latest round of $280M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Spinny in Commerce and Shopping and Gurgaon

Companies Similar to Spinny

Spinny Funding FAQs

What does Spinny do?

Spinny is a tech-powered new-age used car buying platform enabling trustworthy and hassle-free transactions in used cars. It also brings absolute trust and simplicity to the Indian used car market. They follow a full-stack business model to offer value, transparency, and simplicity to their customers. Spinny's goal is to help our customers buy a car that matches their aspirations. It was founded in 2015 and is headquartered in Gurgaon, Haryana, India.

How much funding has Spinny raised?

Spinny has raised $449M across 3 rounds on record. The most recent is a Series E of $280M announced in Nov 2021.

When did Spinny last raise funding?

Spinny's most recent funding round on record is a Series E of $280M, announced in Nov 2021.

Who is the CEO of Spinny?

Mohit Gupta is listed as CEO at Spinny.

Where is Spinny headquartered?

Spinny is based in Gurgaon, Haryana, India.

How many employees does Spinny have?

Spinny is in the 1001-5000 employee band.

How does Spinny's funding compare to other Commerce and Shopping startups?

Spinny's latest round of $280M is above the $3.7M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's Spinny Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Spinny is left off this page rather than filled in.

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