Spinny
E-commerceGurugram, India
Gurugram-based full-stack used-car retailer that buys, refurbishes and sells pre-owned cars, alongside financing, insurance and after-sales services. It owns Truebil, and acquired Autocar India in 2025 and GoMechanic in 2026. Its parent entity is Valuedrive Technologies Limited.
Financials
Revenue and profit after tax as filed with the Registrar of Companies.
FY25Revenuereported
₹4,657 Cr
PAT₹424 Cr loss
Growth+25% YoY
Basisconsolidated
Tap any bar to see that year
₹ figures as filed, not restated
Leadership
NSNiraj SinghCo-founder and Chief Executive Officer
AGAkhil GuptaIndependent Director; former Bharti Group executive, reported to chair the board
GMGeeta MathurIndependent Director
The Spinny journey
2015 · founded
Founded in Gurugram by Niraj Singh.
Aug 2026 · milestone
Parent entity Valuedrive Technologies Private Limited converts into a public limited company ahead of a planned listing. ↗
Sep 2026 · milestone
Confidentially pre-files with SEBI for a ₹2,500-3,000 crore IPO targeting a 2027 listing, and adds Akhil Gupta and Geeta Mathur as independent directors. ↗
IPO Watchreported
StatusConfidential pre-filing, September 2026
Expected2027
Confidentially pre-filed with SEBI for a ₹2,500-3,000 crore issue combining fresh shares and OFS. Parent Valuedrive Technologies converted to a public company in August 2026. Source ↗
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What is Spinny?
Gurugram-based full-stack used-car retailer that buys, refurbishes and sells pre-owned cars, alongside financing, insurance and after-sales services. It owns Truebil, and acquired Autocar India in 2025 and GoMechanic in 2026. Its parent entity is Valuedrive Technologies Limited.
Who founded Spinny?
Niraj Singh is the founder or leader of Spinny on record at StartupFox.
Is Spinny profitable?
Per its FY25 consolidated filing, Spinny reported ₹4,657 Cr in revenue, with a ₹424 Cr loss.
What is the status of the Spinny IPO?
Confidential pre-filing, September 2026. (As reported; not confirmed by the company.)
What is the latest news on Spinny?
The most recent StartupFox coverage is “Spinny Has Confidentially Filed For A ₹3,000 Crore IPO” (22 September 2026). All stories are listed on this page.
Sources & updates
This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting.
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