Updated
Updated · Bloomberg · Apr 28
Spinny hires Kotak Mahindra, Morgan Stanley, Citigroup for potential Indian IPO
Updated
Updated · Bloomberg · Apr 28

Spinny hires Kotak Mahindra, Morgan Stanley, Citigroup for potential Indian IPO

5 articles · Updated · Bloomberg · Apr 28
  • Spinny, operated by Valuedrive Technologies and backed by Tiger Global and Accel Leaders Fund, is considering an IPO in Mumbai.
  • The company has engaged these investment banks as advisers as it explores listing on Indian exchanges.
  • The move signals growing interest in public listings among Indian tech startups, with Spinny aiming to leverage its investor backing and market position.
With its valuation down and tech IPOs struggling, is Spinny's listing a bet against the market?
Can Spinny's premium model win India's booming, but more frugal, Tier-2 used car market?
After buying GoMechanic, what is Spinny's next big move to outpace its rivals?
Will shareholder pressure force Spinny to abandon its popular 5-day money-back guarantee?
Is the new Tesla partnership a game-changer or just clever marketing ahead of the IPO?