Tendulkar-backed Spinny files confidential IPO papers, targets ₹3,000 cr: Report

Spinny, a used-car marketplace backed by Sachin Tendulkar, has confidentially filed IPO papers with SEBI, Moneycontrol reported. The company plans to raise ₹2,500-3,000 crore through a mix of fresh shares and an offer for sale by existing investors. Spinny is targeting a 2027 listing. It converted parent company Valuedrive Technologies into a public company in August.