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Spinny
3.6
based on 1.7k Reviews
Video summary
Company Overview
Associated Companies
Company Locations
Working at Spinny
Company Summary
Spinny Assured Used Cars - Buy with Guaranteed Love. Fully Inspected Highest Quality Second Hand Cars with Money-Back Guarantee. Simple & Transparent Buying.
Overall Rating
3.6/5
based on 1.7k reviews
3% below
industry average
Critically rated for
Promotions, Job security, Work-life balance
Work Policy
Work from office
67% employees reported
Monday to Saturday
56% employees reported
Strict timing
52% employees reported
No travel
64% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
74 employees reported
Job/Soft skill training
62 employees reported
Cafeteria
30 employees reported
Free meal
14 employees reported
View all benefits
About Spinny
Founded in2015 (10 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersGurgaon,Haryana, India
Office Locations
--
Websitespinny.com
Primary Industry
Other Industries
--
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View in video summary
Spinny is an online car dealership that engages in the sales & purchase of second-hand cars. Customers can browse through the online inventory, select a car of their choice, and schedule a test drive free of cost. The platform also enables car owners to list their car for sale on the platform and get instant offers. Claims to assess cars on a 200-point inspection checklist and that it provides a 1-year warranty to buyers along with certification. Acquired & Merged with HopCar in June 2016.
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Spinny Ratings
based on 1.7k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
730
4
353
3
239
2
105
1
230
Category Ratings
3.5
Salary
3.4
Company culture
3.4
Skill development
3.4
Work satisfaction
3.3
Work-life balance
3.2
Job security
3.0
Promotions
Spinny is rated 3.6 out of 5 stars on AmbitionBox, based on 1.7k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Spinny
based on 1.6k reviews
3.6
Rated by 149 Women
Rated 3.4 for Work-life balance and 3.4 for Company culture
3.6
Rated by 1.4k Men
Rated 3.5 for Salary and 3.4 for Company culture
Work Policy at Spinny
based on 304 reviews in last 6 months
Work from office
67%
Hybrid
17%
Permanent work from home
16%
Spinny Reviews
Top mentions in Spinny Reviews
+ 5 more
Compare Spinny with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 1.7k reviews | 3.9/5 based on 2.1k reviews | 3.7/5 based on 4.7k reviews | 3.7/5 based on 1.9k reviews |
Highly Rated for |  No highly rated category | Company culture Skill development | No highly rated category | Salary |
Critically Rated for | Promotions Job security Work-life balance | Promotions | Job security Promotions | Job security Promotions |
Primary Work Policy | Work from office 67% employees reported | Work from office 48% employees reported | Work from office 48% employees reported | Permanent work from home 47% employees reported |
Rating by Women Employees | 3.6 Good rated by 150 women | 3.7 Good rated by 424 women | 3.4 Average rated by 559 women | 3.9 Good rated by 492 women |
Rating by Men Employees | 3.6 Good rated by 1.4k men | 4.0 Good rated by 1.4k men | 3.8 Good rated by 3.8k men | 3.6 Good rated by 1.2k men |
Job security | 3.2 Average | 3.6 Good | 3.2 Average | 3.3 Average |
View more
Spinny Salaries
Spinny salaries have received with an average score of 3.5 out of 5 by 1.7k employees.
Operations Analyst
(498 salaries)
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₹2.2 L/yr - ₹6.5 L/yr
Relationship Manager
(264 salaries)
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₹2.7 L/yr - ₹5.1 L/yr
Team Lead
(201 salaries)
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₹3.5 L/yr - ₹7.1 L/yr
CAR Consultant
(171 salaries)
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₹2.1 L/yr - ₹4.5 L/yr
Evaluator
(126 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
Business Analyst
(126 salaries)
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₹8 L/yr - ₹14 L/yr
Sales Analyst
(123 salaries)
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₹2.5 L/yr - ₹5.1 L/yr
Program Manager
(118 salaries)
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₹20 L/yr - ₹33 L/yr
Business Development Manager
(110 salaries)
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₹3.6 L/yr - ₹7.5 L/yr
Key Account Manager
(87 salaries)
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₹3.2 L/yr - ₹6.7 L/yr
Spinny Interview Questions
Spinny Jobs
Popular Skills Spinny Hires for
Current Openings
Spinny News
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Techfino Bags INR 65 Cr To Offer Loans To MSMEs
- Techfino, an NBFC, raises INR 65 Cr from Stellaris Venture Partners and Saison Capital.
- The funding will be used to expand branch network, strengthen tech stack, and scale up operations.
- Techfino leverages a robust technology platform for underwriting with external APIs.
- Founded in 2019, Techfino offers financial assistance to MSMEs, focusing on Tier II and III cities.
- It provides loans against property, education loans, and operates in multiple states.
- The company claims to have disbursed over 1 Lakh loans and surpassed INR 200 crore in AUM.
- Indian NBFCs have been attracting investments, with Flexiloans and Bizloan securing funds recently.
- Fintech giants like Jio, MobiKwik, Flipkart, and Spinny are also expanding their NBFC arms.
- Spinny, Vayana, and Kuhoo have received NBFC licences from the central bank.
Inc42 | 18 Jun, 2025
Ride-Hailing In Stress, Startup Funding Explodes & More
- India’s ride-hailing giants Ola and Uber face regulatory challenges in Goa and Karnataka, impacting their operations.
- Ongoing disputes include new rules requiring a license and local presence, ban on bike taxis in Karnataka, and rising competition.
- Struggles with pricing, driver unions, and government investigations add to Ola and Uber's woes in the market.
- In contrast, Indian startups saw a funding surge with $567.5 Mn raised, led by Groww and Spinny in the latest funding rounds.
- However, tech stocks faced losses, Zepto's warehouse ban was lifted, and tax officials are scrutinizing crypto-related tax evasion.
- Startup IPO filings are on the rise, while Rakesh Jhunjhunwala's estate exits Nazara and government considers EV localisation changes.
- Bootstrapped Reelies and altM's cleantech startup are making waves in the industry with new offerings and market expansions.
- From regulatory hurdles to funding heights, the Indian business ecosystem showcases a mixed landscape of challenges and opportunities.
Inc42 | 16 Jun, 2025
Spinny Raises $30M from WestBridge Capital in Extended Series F Round
- Spinny, a used car marketplace, secures $30 million from WestBridge Capital in an extended Series F round, bringing the total raised to approximately $170 million.
- The funding includes primary investment, secondary transactions, and an ESOP buyback at a valuation reportedly between $1.5 billion and $1.7 billion.
- Plans include establishing an NBFC for in-house financing solutions, expanding its media arm, and enhancing core B2C and B2B operations.
- Spinny acquired Autocar India and related automotive titles to bolster its media presence and brand ecosystem.
- The company aims to innovate its products, services, and customer journey integration fueled by the capital infusion.
- Financially, Spinny reported a 14% YoY revenue growth in FY24, with total income reaching Rs 3,725 crore and narrowing its losses by 28% YoY.
- Founded in 2015, Spinny is recognized for its quality certification, warranty programs, and customer experience in India's used car market.
- Backed by Sachin Tendulkar, Spinny targets growth in India's automotive commerce sector, integrating sales, financing, and brand engagement strategies.
Startup Story | 13 Jun, 2025
RIL Eyes Slice Of OpenAI Pie, Why Mainstreet Hung Up Its Shoes & More
- OpenAI is in talks with Reliance Industries, Saudi Arabia’s Public Investment Fund, and UAE-based MGX for the second tranche of its $40 billion fundraise, potentially valuing OpenAI at $300 billion post-money.
- Reliance's stake in OpenAI could integrate advanced AI offerings into its network, and OpenAI could develop AI solutions tailored for Indian languages.
- Mainstreet, despite raising $2 million, faced financial challenges due to excessive spending on salaries and marketing.
- GIVA, a D2C jewellery startup, has garnered INR 500 crore in revenue by focusing on Gen Z and millennials.
- SEBI's proposed CIV model aims to streamline co-investments under AIFs.
- Meesho plans to file its IPO papers and relocate from the US to India soon.
- Spinny raised $30 million from WestBridge in its latest funding round, closing the Series F at $170 million.
- PhonePe and Google Pay dominated the UPI market in May, with PhonePe leading in transaction volume.
- ArisInfra files for an IPO to raise about INR 500 crore, set to open for subscription on June 17.
- Krutrim unveils Agentic AI, an AI multimodal assistant available in 11 languages.
- Fitsol, an AI-powered carbon management platform, helps organisations measure, report, and reduce emissions across Scope 1, 2, and 3.
- Fitsol received $1 million in seed funding to support industries in their net-zero journey.
- Fitsol aims to simplify carbon management for businesses amidst increasing focus on corporate sustainability.
Inc42 | 13 Jun, 2025
WestBridge Joins Spinny’s Captable With $30 Mn Funding
- Spinny, a used-car marketplace unicorn, raises $30 Mn from WestBridge Capital in Series F funding round, totaling $170 Mn.
- The fundraise includes a mix of primary and secondary deals.
- Earlier in April, Spinny raised $131 Mn led by Accel Leaders Fund and Fundamentum.
- Spinny's post-money valuation was around $1.7 - 1.8 Bn.
- The latest valuation remains flat compared to its previous $1.8 Bn valuation in December 2021.
- Funds from the recent round will be used to expand Spinny's non-banking financial arm.
- Spinny was founded in 2015 and operates in 22 Indian cities with over 36 car hubs.
- The startup has raised over $664.20 Mn till date, with investors like Tiger Global and Accel Partners.
- Spinny's competitors include Cars24, CarTrade, and Droom in the used-car marketplace.
- Spinny reduced net losses by 28% to INR 590 Cr in FY24, with a revenue increase to INR 3,725 Cr.
- Cars24 acquired automotive forum Team-BHP, while Droom plans an IPO targeting a valuation of $1.2 - 1.5 Bn.
- CarTrade's PAT rose by 85% to INR 46.1 Cr in Q4 FY25.
Inc42 | 13 Jun, 2025
Fintech start-up CRED to raise $75 m in funding round led by existing investors
- Fintech start-up CRED is set to raise $75 million in funding led by existing investors for scaling its credit card business and exploring new business opportunities.
- This funding round will lower CRED's valuation to about $3.5 billion, a 45% decrease from its previous valuation in 2022, where it was valued at $6.5 billion. The last funding round of $140 million was led by GIC in the same year.
- CRED recently introduced an e-rupee (e₹) wallet in partnership with RBI as the first fintech to integrate the central bank's digital currency. It also collaborated with CARS24 and Spinny for car selling services on its platform.
- In FY24, CRED reported a revenue of ₹2,473 crore, marking a 66% increase driven by product adoption and user growth. The operational loss was reduced by 41% to ₹609 crore.
HinduBusinessLine | 28 May, 2025
Now, Users Can Sell Their Cars On CRED
- CRED has partnered with used-car marketplaces CARS24 and Spinny to allow users to sell their cars on its platform.
- Through CRED Garage, users can get instant valuations, book free inspections, and receive payments quickly after selling the vehicle.
- Users can receive estimated car values by answering questions on CRED Garage, then schedule free inspections without additional paperwork.
- CRED emphasizes maintaining user privacy by sharing information only with partners upon booking a car inspection; currently, 7 Mn CRED Members use CRED Garage.
Inc42 | 27 May, 2025
Cars24 lays off around 250 employees, company says, 'This is a tough decision...'
- Online marketplace Cars24 has laid off around 250 employees across its product and technology divisions as part of organizational restructuring.
- The move comes as the company faces increased competition in the used-car market, with Spinny raising $131 million in funding.
- Cars24 co-founder and CEO Vikram Chopra said the decision is tough and not based on performance, but rather about restructuring and strategic planning.
- Despite the layoffs, Cars24 continues to offer various services and had secured $450 million in funding in December 2021.
ISN | 26 Apr, 2025
The evolution of entry-level jobs; Infra.Market gears up for $700M IPO
- Hope is the fuel of progress as the global economy waits for US negotiations on tariffs, easing tension in the stock market.
- Indian benchmark indices rise amidst optimism despite trade war concerns, with startups like BlueStone and Aye Finance planning IPOs.
- Colossal Biosciences' claim of bringing back dire wolves raises debate among experts.
- Entry-level job requirements have evolved to demand AI proficiency, technical skills, and soft skills like adaptability and communication.
- Infra.Market prepares for a $700M IPO with an expected valuation target of $3-5 billion, reflecting strong growth and increasing project opportunities.
- Spinny reports a rise in online used car sales, highlighting consumer preference for transparent online purchases and financing challenges.
- Amazon introduces a new Gen AI model, Meta expands safety measures for teenagers on Instagram, and Emirates President warns about the impact of global tariffs on the aviation industry.
- The invention of Velcro was inspired by burdock burrs, observed by Swiss engineer George de Mestral.
Yourstory | 9 Apr, 2025
From Scapia To Pratilipi — Indian Startups Raised $144 Mn This Week
- Indian startups raised a total of $144 million in funding between March 31 and April 5, 2025.
- The funding momentum remained stable, with small deals contributing to a 32% increase in investment activity.
- Key funding rounds included Scapia raising $40 million, Pratilipi securing $20 million, and Tonbo Imaging raising $20.4 million.
- Fintech startups dominated the funding landscape, with significant investments in companies like Aerem, Sweet Karam Coffee, and Infinity Fincorp.
- Healthtech and ecommerce sectors also received funding, albeit at lower amounts compared to fintech.
- Startup funding highlights included active investors like Peak XV Partners, Y Combinator, and Antler.
- Seven startups at the seed stage collectively raised about $11 million during the week.
- In other developments, IPO-related news featured companies like Kissht, Navi Fintech, DevX, and IndiQube exploring public listings.
- Additional highlights included Flipkart infusing $379 million, Spinny reportedly raising $131 million, and SpaceBasic acquiring CAMPUS.
- Overall, the Indian startup ecosystem saw diverse funding activities with a focus on fintech, healthtech, and ecommerce sectors.
Inc42 | 5 Apr, 2025
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Spinny Subsidiaries
Truebil
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• 53 reviews
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Spinny Offices
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Spinny FAQs
When was Spinny founded?
Spinny was founded in 2015. The company has been operating for 10 years primarily in the Internet sector.
Where is the Spinny headquarters located?
Spinny is headquartered in Gurgaon,Haryana.
How many employees does Spinny have in India?
Spinny currently has more than 3,500+ employees in India. Sales & Business Development department appears to have the highest employee count in Spinny based on the number of reviews submitted on AmbitionBox.
Does Spinny have good work-life balance?
Spinny has a work-life balance rating of 3.3 out of 5 based on 1,600+ employee reviews on AmbitionBox. 35% employees rated Spinny 3 or below, while 65% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Spinny work-life balance reviews for more details.
Is Spinny good for career growth?
Career growth at Spinny is rated as moderate, with a promotions and appraisal rating of 3.0. 35% employees rated Spinny 3 or below, while 65% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Spinny promotions / appraisals reviews for more detailed insights.
What are the cons of working in Spinny?
Working at Spinny does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, job security and work life balance, based on 1,600+ employee reviews on AmbitionBox.
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