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Partnership

Nissan and Spinny launch 55-minute car exchange

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Spinny logo
Date
Company
Spinny
What it does
Nissan partnership
Kind
Partnership
Based in
Gurugram
Founded
2015

What they do

Nissan Motor India and Spinny launched an exchange scheme promising to value and take an old car within 55 minutes

What happened

It runs at Nissan dealers in 30 cities and on Spinny’s app, across all current Nissan models

Why it matters

Spinny staff do the checks at the dealership, and buyers do not need to transfer the car’s RC papers first

The details

  • Nissan and Spinny launched an exchange programme.
  • Promise: done in 55 minutes.
  • Available in 30 cities.
  • Works at dealers and on Spinny’s app.
  • No RC transfer needed upfront.

The bigger picture

  • Fast trade-ins help new-car sales.
  • It gives Spinny a supply of used cars from dealers.
  • It follows the Tesla tie-up weeks earlier.

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.

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.

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