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Spinny acquires AI-powered car connectivity solutions startup, Scouto

Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered Connected Car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spinny is gunning big to emerge as the market leader. Founded by ex-racecar driver Akshay Gupta (CEO) & Shubham Sharma (CTO), Scouto … Read more

Spinny Ramps Up Hiring, In Line With Its Expansionary Focus

Spinny

Spinny – the pioneering full-stack used car retailing platform – is now 4000+ team members strong. The company also aims to increase their workforce by 5000+ employees by the end of 2022 as it expands deeper into the Indian market. The company is a benchmark in contactless and completely digital transactions where the complete full-stack … Read more

Cricketer Sachin Tendulkar invests in used car platform Spinny

Spinny, the first full-stack online-to-offline user automobile selling platform, has teamed up with cricket legend Sachin Tendulkar of India. Sachin is both a strategic investor and a leading brand endorser for the firm. The partnership with Master Blaster adds to Spinny’s commitment to assisting young Indians in realising their hopes and aspirations by providing easy … Read more

Spinny raises $248M, Becomes a Unicorn

Spinny

According to papers with the Registrar of Companies, used automobile marketplace Spinny has collected Rs 1,849.45 crore ($248 million) from returning and new investors as part of its Series E round. The Gurugram-based business has now become the 39th unicorn, with a valuation of $1.7 billion. Abu Dhabi Growth Fund and Tiger Global, a returning … Read more