Spinny Stock
| Valuation | $1.5B1 |
| Valuation Date | Feb 14, 2026 |
| Implied Valuation | $809.52M |
| Last Price | $0.68 |
| 52-Week High | $3.00 |
| 52-Week Low | $0.61 |
| YTD Return | +1.49% |
| 1-Year Return | +11.48% |
| 3-Year Return | n/a |
| Total Funding | $876.61M2 |
| Latest Round Amount | $170M1 |
| Latest Round | Series G |
| Funding Rounds | 8 |
| IPO Status | Filed3 |
| Expected IPO Date | Q1 2027 |
| Revenue | $550M1 |
| Revenue Type | FY2025 |
| P/S Ratio | 2.7 |
About Spinny
Spinny is an Indian full-stack used car retailing platform. The company buys, inspects, refurbishes and resells pre-owned cars through its website, app and a network of physical car hubs across more than 20 Indian cities. Every car it sells passes a 200-point inspection and comes with a fixed price, a one-year warranty and a five-day money-back guarantee. Spinny makes money on the margin between the price it pays to acquire a car and its fixed selling price. It also earns from vehicle financing through its lending arm Spinny Capital, from car servicing via its GoMechanic subsidiary and from its Autocar India media business. The company operates under parent Valuedrive Technologies and has hired banks for a planned IPO in Mumbai.
Invest in Spinny
Spinny is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
Spinny files confidential IPO papers, eyes at least Rs 3,000 crore issue
Valuedrive Technologies, which operates used-car marketplace Spinny, confidentially filed draft IPO papers with SEBI targeting an issue of at least Rs 3,000 crore split between fresh shares and an off...
Spinny files IPO papers through confidential route
Spinny filed confidential draft papers with SEBI for an IPO that could raise up to about Rs 3,000 crore, with a possible stock market listing in 2027 subject to regulatory clearance.
Spinny files confidential IPO papers with Sebi
Valuedrive Technologies, which operates used-car platform Spinny, filed draft IPO papers with SEBI through the confidential route for an issue of about ₹3,000 crore that could list in FY27.
Spinny files confidential IPO papers, eyes ₹2,500-3,000 crore issue
Spinny confidentially submitted IPO papers to SEBI for a ₹2,500-3,000 crore offering mixing fresh shares and an offer for sale, with bookrunners including Kotak, Citi and Morgan Stanley and a potentia...
Spinny Set to Cross ₹6,000 Crore in Revenue in FY26
Spinny is set to cross ₹6,000 crore in revenue in FY26, growing more than 28%, as its full-stack used-car retail model scales ahead of rivals.
Spinny expands tie-ups with Nissan, JSW MG Motor India and Tesla
Spinny expanded OEM partnerships with Nissan, JSW MG Motor India, and Tesla covering vehicle exchange, pre-owned EV sales, and battery health certification across its retail network.
CarTrade partners Spinny to enable one-click used car buying
CarTrade teamed with Spinny to let OLX and CarWale users buy inspected used cars online, with Spinny handling inspections, refurbishment, and delivery.
Spinny Expands Partnerships with Nissan, MG Motor India, and Tesla
Spinny expanded OEM partnerships with Nissan, JSW MG Motor India, and Tesla, offering vehicle exchange programs and certified pre-owned EV services across 13 Indian cities.
Tesla Taps Spinny as Preferred Exchange Partner for ICE-to-EV Switch
Spinny became Tesla's preferred exchange partner in India under the Switch and Save programme, helping customers sell ICE vehicles and transition to Tesla EVs through Spinny's integrated platform.
Spinny Converts Parent Entity Ahead of Planned IPO
Spinny converted Valuedrive Technologies into a public limited company as it prepares for an IPO targeted in 2027, with Kotak, Morgan Stanley and Citi as lead managers; the company expects FY26 revenu...
Spinny Taps Bankers for IPO Targeting Q1 2027
Spinny appointed Kotak Mahindra Capital, Morgan Stanley and Citigroup as lead bankers for an IPO expected in the first quarter of 2027, following its parent company's conversion to a public limited co...
Spinny Converts Parent Into Public Entity Ahead Of IPO Plans
Spinny converted parent Valuedrive Technologies from a private to a public limited company as it prepares a potential IPO targeting up to $300 million in 2027.
Spinny Converts Into Public Company Ahead of Planned IPO
Spinny's board approved converting parent Valuedrive Technologies from a private to a public limited company as it prepares for an IPO targeted in the first quarter of 2027.
CarTrade Tech partners Spinny to expand used-car marketplace across CarWale, OLX India
CarTrade Tech and Spinny announced a strategic partnership on July 29, 2026 to integrate Spinny's quality-assured inventory and selling services across CarWale and OLX India, using CarTrade's VAYA AI ...
Spinny, JSW MG Motor partner to boost pre-owned EV market
Spinny and JSW MG Motor India announced a partnership to sell certified pre-owned MG electric vehicles with battery health assessment, OEM warranty continuity and a standardized resale process across ...
Spinny Plans $300 Million IPO with Kotak, Morgan Stanley, and Citi
Spinny is preparing an IPO to raise $250-300 million and has hired Morgan Stanley, Kotak Mahindra Capital, and Citi India as advisers for the listing process.
Used-car platform Spinny begins work on IPO, eyes up to $300 million raise
Spinny parent Valuedrive Technologies has begun work on its draft IPO prospectus, targeting a raise of $250-300 million with Morgan Stanley, Kotak Mahindra Capital and Citi India advising.
Spinny Ropes In Investment Bankers For A Potential IPO Next Year: Report
Inc42 reported Spinny raised $170 million in February 2026 and is aiming for a Q1 2027 public listing with a mix of fresh issue and offer-for-sale components.
Tiger Global-Backed Spinny Said to Hire Banks for Indian IPO
Spinny operator Valuedrive Technologies is weighing an IPO in Mumbai and has engaged Kotak Mahindra Capital, Morgan Stanley and Citigroup as advisers, with a listing possible in the first quarter of 2...
Spinny raises $170M Series G led by Fidelity and Accel
Spinny closed a $170 million funding round led by Fidelity Investments and Accel Leaders Fund, valuing the used-car marketplace at about $1.5 billion.
Fidelity, Accel lead $160-170 million investment round in Spinny
Spinny closed a $160-170 million funding round led by Fidelity and Accel Leaders Fund at a blended valuation of $1.4-1.5 billion, including $90 million of primary capital and secondary sales by early ...
Spinny to acquire GoMechanic in Rs 450 crore cash-plus-stock deal
Spinny agreed to acquire car-servicing startup GoMechanic from a Hero Group-led consortium in a deal valued at around Rs 450 crore, marking its entry into vehicle maintenance and after-sales services.
Spinny raises $40 million from WestBridge in extended funding round
WestBridge Capital joined Spinny's extended Series F round, taking the total raise to about $170 million at a flat valuation of around $1.7 billion.
Used car marketplace Spinny raises $131 million in fresh funding led by Accel Leaders Fund
Spinny raised $131 million in a round led by Accel Leaders Fund with participation from Elevation Capital, Think Investments, Tiger Global and Fundamentum, the largest used-car startup round since 202...
Leading used car platform Spinny acquires Haymarket's automotive titles in India
Spinny acquired Haymarket SAC, home of Autocar India, Autocar Professional and What Car? India, in a cash and equity deal that keeps Haymarket invested in parent Valuedrive Technologies.
Sachin Tendulkar joins Spinny as strategic investor, lead brand endorser
Cricket legend Sachin Tendulkar invested in Spinny and became its lead brand endorser, joining shortly after the company reached unicorn status.
Indian used-car platform Spinny valued at $1.8 bln in new funding round
Spinny raised $283 million in a Series E round led by ADQ and Tiger Global, valuing the company at about $1.8 billion and making it an Indian unicorn.
Spinny gets $108 million funding from Tiger Global, others
Spinny raised $108 million in a Series D round led by Tiger Global with participation from Avenir Growth and General Catalyst, valuing the company at $750-800 million.
India's Spinny raises $65 million to expand its online platform for selling used cars
Spinny closed a $65 million Series C round led by General Catalyst at a valuation of about $350 million, up from roughly $150 million a year earlier.
India's Spinny raises $43.7M to expand its online platform for selling used cars
Spinny raised $43.7 million in a Series B round led by Fundamentum Partnership, with General Catalyst, KB Financial Group, Accel and SAIF Partners participating.