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Spinny
3.7
based on 1.4k 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
3.7/5
based on 1.4k reviews
On-Par with
industry average
Critically rated for
Promotions, Job security, Work-life balance
Work Policy
Work from office
64% employees reported
Monday to Saturday
55% employees reported
Strict timing
52% employees reported
No travel
63% 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 1.4k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
626
4
302
3
202
2
92
1
193
Category Ratings
3.5
Salary
3.4
Company culture
3.4
Skill development
3.4
Work satisfaction
3.3
Work-life balance
3.1
Job security
3.0
Promotions
Spinny is rated 3.7 out of 5 stars on AmbitionBox, based on 1.4k 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 1.4k reviews
3.7
Rated by 126 Women
Rated 3.5 for Work-life balance and 3.5 for Company culture
3.7
Rated by 1.2k Men
Rated 3.5 for Salary and 3.4 for Company culture
Work Policy at Spinny
based on 282 reviews in last 6 months
Work from office
64%
Hybrid
19%
Permanent work from home
17%
Spinny Reviews
Top mentions in Spinny Reviews
+ 5 more
Compare Spinny with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 1.4k reviews | 3.8/5 based on 4.2k reviews | 3.8/5 based on 2.3k reviews | 3.9/5 based on 5.1k reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Salary Skill development Work-life balance |
Critically Rated for | Promotions Job security Work-life balance | Job security Promotions | Promotions Job security | Job security |
Primary Work Policy | Work from office 64% employees reported | Work from office 43% employees reported | Work from office 45% employees reported | Hybrid 48% employees reported |
Rating by Women Employees | 3.7 Good rated by 126 women | 3.6 Good rated by 507 women | 3.7 Good rated by 137 women | 3.5 Good rated by 259 women |
Rating by Men Employees | 3.7 Good rated by 1.2k men | 3.8 Good rated by 3.4k men | 3.8 Good rated by 2k men | 4.0 Good rated by 4.4k men |
Job security | 3.1 Average | 3.2 Average | 3.3 Average | 3.0 Average |
View more
Spinny Salaries
Spinny salaries have received with an average score of 3.5 out of 5 by 1.4k employees.
Operations Analyst
(495 salaries)
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₹2.2 L/yr - ₹7 L/yr
Relationship Manager
(252 salaries)
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₹2.7 L/yr - ₹5.1 L/yr
Team Lead
(206 salaries)
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₹2.8 L/yr - ₹9 L/yr
CAR Consultant
(157 salaries)
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₹2.4 L/yr - ₹4.5 L/yr
Sales Analyst
(132 salaries)
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₹2.5 L/yr - ₹5.1 L/yr
Business Analyst
(128 salaries)
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₹4.8 L/yr - ₹15 L/yr
Program Manager
(105 salaries)
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₹15 L/yr - ₹36 L/yr
Business Development Manager
(103 salaries)
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₹3.6 L/yr - ₹8 L/yr
Evaluator
(99 salaries)
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₹2.2 L/yr - ₹5 L/yr
Associate Program Manager
(85 salaries)
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₹8.5 L/yr - ₹24.8 L/yr
Spinny Jobs
Popular Designations Spinny Hires for
Car Sales Executive
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Tele Sales Executive
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Denter
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Current Openings
Spinny News
View all
Inc42’s Q1 Funding Report, Zomato Axes 600 Jobs & More
- Q1 2025 showed signs of stability in funding landscape with a 41% YoY surge in capital, reaching $3.1 Bn across 232 deals, pushing total funding past $161 Bn.
- Ecommerce and fintech remained dominant in funding, with late-stage startups raising $1.8 Bn, seed stage startups at $188 Mn, and growth stage startups at $1 Bn.
- M&A activity in Indian startups saw a revival in Q1 2025, including notable deals like HUL's acquisition of Minimalist.
- Zomato laid off 600 employees due to performance issues and AI-led automation in its food delivery vertical amid rising competition.
- Spinny raised $131 Mn led by Accel for its NBFC arm, valuing the company at $1.7 Bn to $1.8 Bn post-money.
- Boba Bhai's revenue surged 6x in FY25, OYO projects a 60% YoY revenue increase in Q4 FY25, and UPI transactions hit all-time highs.
- IndiQube's IPO got SEBI approval, BorderPlus acquired Onea Care, and The Bear House secured INR 50 Cr in funding.
- Neural Defend aims to combat deepfakes using AI-based detection, targeting enterprise cybersecurity and aiming to capture a share of the growing deepfake detection market.
- The startup plans to secure 10 customers, reach $10 Mn in annual revenue, and expand globally while facing competition from established players like McAfee.
Inc42 | 2 Apr, 2025
Spinny Raises $131 Mn To Expand NBFC Arm: Report
- Spinny, a used-car marketplace, has raised $131 Mn in a funding round led by Accel Leaders Fund.
- The funding round included a combination of primary and secondary transactions, and the startup's valuation remained at $1.7 Bn to $1.8 Bn on a post-money basis.
- The proceeds from the funding will be used for expanding Spinny's non-banking financial arm and diversifying into lending and ancillary services.
- The used-car retailing platform aims to improve gross margins and unlock new revenue streams with the fundraise.
Inc42 | 1 Apr, 2025
Spinny raises $131 million in Accel-led round amid booming used-car market
- Spinny raises $131 million in funding round.
- The funding round was led by Accel.
- Existing investors, including Elevation Capital and Tiger Global, also participated.
- The used-car market is projected to grow at a compound annual rate of 13%.
HinduBusinessLine | 1 Apr, 2025
Cars24 Enters New Car Market with Aggregator Platform for OEMs and Dealerships
- Gurugram-based Cars24 has launched an aggregator platform for new cars, expanding its services beyond used car sales.
- Competitors like Spinny, Droom, and CarDekho are diversifying their offerings amidst slower growth in the used car industry.
- Cars24 aims to address customer needs by offering a seamless car-buying experience through technology.
- The 'New Cars' segment on Cars24's website provides detailed video walkthroughs, pricing details, test drive bookings, and financing options.
- Cars24 introduced the 'New Cars' segment as part of its super app ecosystem, which includes various automotive services.
- Despite entering the new car market, used car sales remain the primary revenue source, contributing over 90% of total revenue.
- In FY24, Cars24 recorded a 25% revenue increase but also reported significant losses.
- Cars24 does not anticipate new car sales to be a major revenue driver in the short term, focusing on increasing traffic first.
- India's used car market is growing rapidly, with projected sales of 1.09 crore units annually by FY28, valued at $73 billion.
- The growth in the used car segment outpaces new cars, driven by increasing trust and transparency in the market.
Startup Story | 11 Mar, 2025
Quick service app Snabbit Gets $5.5 Mn Funding
- Snabbit, a quick service app for hyperlocal on-demand home services, has raised $5.5 million in Series A funding round led by Elevation Capital.
- Existing investor Nexus Venture Partners and angel investors also participated in this round, including Meesho co-founders Vidit Aatrey and Sanjeev Barnwal, Unacademy co-founder Gaurav Munjal, and Spinny's founder Niraj Singh.
- The funds will be used to attract customers, expand into more areas in Mumbai, and hire talent to improve operations and technology.
- Snabbit's platform provides quick, on-demand and affordable home services through a hyperlocal network of professionals. The company plans to expand into areas like cooking, childcare, and elderly care.
VIE Stories | 21 Jan, 2025
Spinny’s reports 14% rise in FY24 revenue, narrows losses
- Spinny reported a 14% rise in FY24 revenue to Rs 3,725 crore.
- Losses for the year decreased by 28% to Rs 590.4 crore.
- Total expenses increased to Rs 4,409 crore due to rising stock-in-trade expenses and cost of materials.
- Spinny competes with CarTrade, CarDekho, and ZigWheels in the pre-owned car market.
Yourstory | 5 Nov, 2024
Spinny Net Loss Swells BY 28% To INR 819.8 Cr In FY24
- Tiger Global-backed used car marketplace Spinny's net loss has increased by 28% to INR 819.8 Cr in FY24.
- Spinny's revenue from operations grew 14.2% to INR 3,725 Cr in FY24.
- The sale of products accounted for 97% of the total operating revenue at INR 3,621.3 Cr.
- Expenses for Spinny rose 5% to INR 4,409 Cr in FY24.
Inc42 | 5 Nov, 2024
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• 53 reviews
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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 1,400+ employee reviews on AmbitionBox. 34% employees rated Spinny 3 or below, while 66% 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. 34% employees rated Spinny 3 or below, while 66% 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 1,400+ employee reviews on AmbitionBox.
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