Founded in 2015 by Niraj Singh, Ramanshu Mahaur and Mohit Gupta, Spinny helps buy and sell pre-owned cars online. Sellers can schedule an inspection and get an offer for their car. Buyers can browse through the online inventory, view vehicle conditions, select a car of their choice, and schedule a test drive. The road to building a unicorn wasn't easy.. This is in fact the third startup Niraj has founded after the previous two folded. He says the experiences taught him to have a clear vision. Spinny last raised $283 million in November 2021 in a funding round led by Tiger Global at a valuation of $2.11 billion. It also counts Sachin Tendulkar as an investor.
On this episode Spinny founder Niraj Singh spoke about
- The market for pre-owned cars amid a slowdown
- His plans for the EV and luxury car space
- Growing up in a small town in India
- Building a startup for the third time
Watch!
#startup #spinny #moneycontrol #tendulkar
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