# Spinny

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spinny

- Industry: Internet
- Headquarters: Gurugram, India
- Website: www.spinny.com
- Total disclosed funding: $664M
- Latest round: Series G (Feb 14, 2026)
- Investors on record: 23

## About

Based in Gurugram, India, and founded in 2015, Valuedrive Technologies Private Limited, trading under the name Spinny an online platform that enables users to buy and sell second-hand cars. The company was co-founded by Mohit Gupta, Niraj Singh, and Ramanshu Mahaur and is backed by investors including Tiger Global, General Catalyst, Accel, Blume Ventures, and The Funamentum Partnership. In February 2026, Spinny raised USD 170 million in series G funding co-led by new investor Fidelity Investments and returning investor Accel. Spinny is an online platform for buying and selling cars, it lets users choose from over 2000 fully inspected second-hand car models with a 1-year free service warranty. The company also operates car hubs and showrooms where customers can test drive cars. The company generates revenue through car sales. The company determines the prices of the cars by using market data to arrive at a fair and fixed valuation. It utilizes market trends for specific models and makes rather than the base price in the used car market and conducts the company's detailed 200-point inspection process on every car. The company plans to utilize the June 2025 funding towards enhancing customer satisfaction, strengthening technological capabilities and product offerings, and expanding its operations across the country.

## Funding rounds

- Series G, Feb 14, 2026, $170M — Accel, Fidelity Investments
- Series F, Jun 13, 2025, $40M — WestBridge Capital
- Series E, Nov 30, 2021, $252M — Tiger Global Management, Avenir Growth Capital, Think Investment Management, Arena Holdings, Abu Dhabi Growth Fund
- Series D, Jul 8, 2021, $105M — General Catalyst Partners, Tiger Global Management, Kaiser Permanente Ventures, FJ Labs, Avenir Growth Capital, GC DF Ventures
- Series C, Mar 23, 2021, $50M — General Catalyst Partners, Blume Ventures, Elevation Capital, Somerville Holdings, The Fundamentum Partnership, Think Investment Management, Arena Holdings
- Series B, Nov 29, 2019, $38M — Accel, General Catalyst Partners, Norwest Venture Partners, SAIF Partners, The Fundamentum Partnership, Alteria Capital, KB Securities
- Series A, Apr 19, 2019, $8.1M — Accel, SAIF Partners, Blume Ventures, Simile Venture Partners, Milestone Trusteeship Services
- Seed, Jun 6, 2017, $1M — Indian Angel Network, Blume Ventures

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Seed
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed, Series A, Series C
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series G
- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A, Series B
- Simile Venture Partners (https://capitalatlas.ai/funds/simile-venture-partners) — Series A
- Milestone Trusteeship Services — Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B, Series C, Series D
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series B
- The Fundamentum Partnership (https://capitalatlas.ai/funds/the-fundamentum-partnership) — Series B, Series C
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B
- Elevation Capital — Series C
- Somerville Holdings — Series C
- Think Investment Management — Series C, Series E
- Arena Holdings (https://capitalatlas.ai/funds/arena-holdings) — Series C, Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D, Series E
- Kaiser Permanente Ventures (https://capitalatlas.ai/funds/kaiser-permanente-ventures) — Series D
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series D
- Avenir Growth Capital (https://capitalatlas.ai/funds/avenir-growth-capital) — Series D, Series E
- GC DF Ventures (https://capitalatlas.ai/funds/gc-df-ventures) — Series D
- Abu Dhabi Growth Fund — Series E
- WestBridge Capital — Series F
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series G