Spinny’s reports 14% rise in FY24 revenue, narrows losses
8 hours ago · Tuesday November 05, 2024 , 1 min Read. Spinny on Tuesday reported a 14% year-on-year (YoY) rise in its FY24 revenue to Rs 3,725 crore, helped by a rise in revenue from the sale of products and ...
spinny: Spinny cuts FY24 net loss to Rs 590 crore; revenue up …
1 day ago · The Tiger Global-backed company reported a 14% year-on-year increase in operating revenue to Rs 3,725 crore for FY24, according to its financial documents sourced from Tofler. Gurugram-based used car sales startup Spinny narrowed its net loss in fiscal 2024 to Rs 590 crore from Rs 820 crore the previous year, as it undertook rationalisation ...
Spinny Net Loss Swells BY 28% To INR 819.8 Cr In FY24
12 hours ago · News. Spinny Net Loss Swells BY 28% To INR 819.8 Cr In FY24. ... Spinny’s revenue from operations rose 14.2% to INR 3,725 Cr in FY24 from INR 3,259.7 Cr in the previous fiscal year. While the ...
Tiger Global, General Catalyst-backed Spinny's FY24 revenue …
7 hours ago · Overall, Spinny has raised more than $530 million till date and was last valued at about $1.8 billion. The same year, in July, Spinny raised $103.3 million in Series D led by Tiger Global, months after it closed its Series C funding led …
India's Spinny valued at over $1.75 billion in $280 million ...
Nov 24, 2021 · Spinny, a Gurgaon-based startup that operates a platform to facilitate the purchase and sale of used cars, is the latest firm to become a unicorn in the world’s second-largest internet market.
Spinny's losses swell to Rs 820 crore in FY23, revenue surges 30X
Nov 8, 2023 · Used car retailing platform Spinny's losses swelled 67.3 per cent to Rs 820 crore in FY23 from Rs 490 crore in FY23. The advertising-cum-promotion, information technology, legal-professional, and other overheads pushed the overall expenditure to Rs 4,202 crore in FY23, reports Entrackr.
Spinny’s gross revenue balloons to Rs 3,260 Cr in FY23 - Entrackr
Nov 7, 2023 · Gurugram-based Spinny’s gross revenue aka gross merchandise value (GMV) flew to Rs 3,262 crore in FY23 from Rs 109 crore in FY22, according to its consolidated financial statements filed with the Registrar of Companies.
Spinny continues the transformation of used cars for India, with …
Jan 10, 2024 · Spinny witnessed 71% of corporate professionals buying used cars in 2023. Compact SUVs remained the keeps growing as the preferred choice for Spinny buyers, followed by Hatchbacks and Sedans.
Spinny grows 40% in CY 2023, with 73% first-time car buyers
Dec 29, 2023 · 3 min read. Spinny grows 40% in CY 2023, with 73% first-time car buyers. With digitalisation and easy financing options, Spinny grew by more than 40% vis a vis last calendar year. Owing to the increasing demand for used cars, and the festive season during the latter half of the year, the growth rate in Q4 is 1.5 times more than in Q3 of this year.
Interview: Niraj Singh, founder & CEO, Spinny - Brand Wagon News …
Jun 7, 2024 · Spinny posted 40% growth in CY 2023, with 73% of the demand coming from first-time car buyers. In this interview, Niraj Singh, founder & CEO, Spinny, talks to Alokananda Chakraborty about the...