Spinny
Date | Investors | Amount | Round |
---|---|---|---|
$1.0m | Seed | ||
* | $15.0m | Series A | |
$13.2m | Series A | ||
$50.0m | Series B | ||
$43.7m Valuation: $150m | Series B | ||
$65.0m Valuation: $350m | Series C | ||
$108m Valuation: $800m | Series D | ||
* | $285m Valuation: $1.8b | Series E | |
Total Funding | €528m |
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Recent News about Spinny
EditSpinny is a leading online platform in India for buying and selling used cars. The company operates in the pre-owned car market, serving individual car buyers and sellers who seek a reliable and transparent process. Spinny's business model revolves around providing a seamless and trustworthy experience for its customers. The company offers a wide selection of fully inspected and certified used cars, ensuring high quality and reliability. Customers can browse the inventory online, book a test drive at their convenience, and even have the car delivered to their doorstep. Spinny differentiates itself by offering a fixed price assurance, eliminating the need for price negotiations and ensuring fair value for both buyers and sellers. Additionally, Spinny provides a 5-day money-back guarantee and a free one-year comprehensive service warranty with every purchase, further enhancing customer confidence. The company generates revenue through the sale of these certified used cars and offers value-added services such as financing and insurance options. Spinny's target market includes urban middle-class individuals and families looking for affordable and dependable pre-owned vehicles. With a presence in major cities like Delhi NCR, Bangalore, Hyderabad, Mumbai, and Pune, Spinny continues to expand its reach across India.
Keywords: used cars, certified pre-owned, fixed price assurance, money-back guarantee, comprehensive service warranty, online platform, home test drive, urban middle-class, transparent process, India.