Home / Companies / Spinny

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.

1StartupFox story
2015Founded
E-commerceSector
Sept 2026Latest coverage

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY25Revenuereported
₹4,657 Cr
PAT₹424 Cr loss
EBITDA
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 ↗

The rest of Spinny's profile is free

Every funding round with its source, verified financials, leadership and the full journey timeline — sign in once and it stays unlocked.

One tap. No newsletter unless you ask for it.

Latest on Spinny

Markets & IPO
Spinny Has Confidentially Filed For A ₹3,000 Crore IPO
22 SEPT 2026 · 4 MIN READ

Also in Consumer & D2C

Supply6D2C Nutrition / WellnessONDCE-commerce InfrastructureAnveshanD2C / Packaged FoodsManam ChocolateD2C / Premium Foods

Frequently Asked

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?

Spinny is associated with Niraj Singh.

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.