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Gurugram: Spinny, the pioneering full-stack used car retailing platform, now has over 4,000 team members. The company also aims to increase its workforce by 5000+ employees by the end of 2022 as it expands deeper into the Indian market.
Pre-owned car retailing platform Spinny on Tuesday announced the completion of a $12-million (about Rs 90 crore) ESOP buyback for its current and former employees. This is the first ESOP [employee stock ownership plan] buyback that Spinny, which recently onboarded former cricketer Sachin Tendulkar as a strategic investor, has facilitated. ESOP is an employee benefit plan that
Recently, the company announced the closure of $283 million series e-funding round from global investors - Abu Dhabi-based ADQ, Tiger Global, Avenir Growth, Feroz Dewan’s Arena Holdings - and strategic investor - Sachin Tendulkar -- Indian cricket legend.
Former Indian cricketer Sachin Tendulkar has joined used car retailing startup Spinny as a strategic investor and brand ambassador.
Sachin Tendulkar partners with used car platform 'Spinny'