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Niraj Singh
Gurgaon, Haryana,India
Find Niraj Singh's Email
Find Niraj Singh's PhoneWho Is Niraj Singh?
Niraj Singh is a distinguished entrepreneur and the Co-founder and CEO of Spinny, a pioneering full-stack used car retailing platform in India. An alumnus of IIT Delhi, Niraj possesses a deep-seated passion for solving complex problems through technology. Before revolutionizing the pre-owned car industry with Spinny, he was a serial entrepreneur, having co-founded other ventures like Outbox Ventures and Locus Labs. His vision for Spinny is to eliminate the friction and lack of trust prevalent in the used car market by creating a seamless, transparent, and customer-centric experience. Under his leadership, Spinny has grown exponentially, leveraging an online-to-offline (O2O) model to bring accountability and quality to the forefront.
How Did Niraj Singh's Career Path Shape Their Journey?
Niraj Singh's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Niraj Singh's Key Achievements?
Achieved Unicorn Status with Spinny
Led Spinny to enter the coveted unicorn club in November 2021. The company raised $283 million in a Series E funding round, led by prominent investors like Abu Dhabi's ADQ and Tiger Global, which pushed its valuation to approximately $1.8 billion.
Co-founding and Scaling Spinny
Co-founded Spinny in 2015, successfully building it into one of India's most trusted and leading platforms for buying and selling used cars. He pioneered the 'full-stack' model, which controls the entire value chain from vehicle inspection to ownership transfer.
Forbes India 40 Under 40
Was featured in the prestigious Forbes India '40 Under 40' list for 2021, recognizing his innovative leadership and significant impact on disrupting the Indian automotive e-commerce landscape.
Strategic Acquisitions
Spearheaded key strategic acquisitions to bolster Spinny's market position and technological capabilities, including the acquisition of Truebil, a rival used car marketplace, and Scouto, an AI-powered connected car startup.
What's Niraj Singh's Educational Background?
B. Tech, Electrical Engineering
Indian Institute of Technology, Delhi - Year 2003
Bachelor of Architecture (B.Arch.), Architectural Engineering
Indian Institute of Technology, Roorkee - Year 2002
I. Sc.
St. Xavier's College, Ranchi
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Company Overview
SpinnySpinny is a full-stack used car retailing platform that aims to bring transparency and convenience to the pre-owned car buying and selling experience in India. By operating a comprehensive online-to-offline model, Spinny provides customers with a wide selection of certified, high-quality cars. Their value proposition includes fixed-price assurance to eliminate negotiations, a 5-day money-back guarantee, and a 1-year after-sales warranty, building trust and simplifying the entire process for end-users.
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