Funding
Sachin Tendulkar invests in Spinny, becomes brand face
By Startup Enthusiast ·
- Date
- Company
- Spinny
- What it does
- Sachin Tendulkar
- Kind
- Funding
- Amount
- Undisclosed
- Based in
- Gurugram
- Founded
- 2015
What they do
Former India cricketer Sachin Tendulkar put an undisclosed sum into used-car retailer Spinny as a strategic investor
What happened
He also became the company’s lead brand endorser, one week after the round that made Spinny a unicorn
Why it matters
Badminton star PV Sindhu had joined as an ambassador earlier in 2021, and customers were to feature in the coming campaigns
The details
- Sachin Tendulkar invested an undisclosed amount.
- He is a strategic investor.
- He became the lead brand endorser.
- PV Sindhu had signed earlier that year.
- Customers and endorsers were to lead marketing campaigns.
The bigger picture
- A trusted face helps in a market where buyers worry about being cheated.
- Celebrity investors were common in 2021 consumer startups.
- Tendulkar still fronts its campaigns in 2026.
About the business
- Spinny buys, checks and resells used cars online and through its own car hubs.
- Almost all revenue (about 98%) comes from selling cars; the rest from commissions, services and ads.
- It also runs car loans, the GoMechanic servicing business and the Autocar India titles.
Investors
Founders
- Niraj Singh, Founder and CEO
- Mohit Gupta, Co-founder
- Ramanshu Mahaur, Co-founder and CTO
About Spinny
- Product
- A platform that helps consumers buy, sell, and exchange used cars.
- Customers
- Individual car buyers and sellers, plus dealers and OEM partners.
- How it makes money
- It earns from car sale margins, exchange activity, and related services such as financing and warranties.
- What sets it apart
- Certified inspection and a managed, end-to-end transaction experience.
- Operations
- Operates an inventory-backed and platform-assisted used-car retail network.
More on Spinny
- Spinny files confidential IPO papers, eyes ₹2,500-3,000 crore issue23 September 2026 · IPO · ₹2,500-3,000 crore
- Spinny discusses used-car value at auto conclave19 September 2026 · Analysis
- Spinny reports FY26 revenue of ₹6,000 crore9 September 2026 · Results
- Spinny estimated to cross ₹6,000 crore in revenue for FY266 September 2026 · Milestone
- Spinny expands dealership exchange and features footballer Ryan Williams1 September 2026 · Launch
- Spinny converts to public company, plans IPO in 20273 August 2026 · IPO · ₹43 crore
- Spinny plans IPO by Q1 202728 April 2026 · IPO
- Nissan and Spinny launch 55-minute car exchange20 March 2026 · Partnership