SPINNY
Buy and Sell Cars Conveniently with confidence
Pain Points
? Pricing
Trust
Inconvenience
Buyers - Sellers are not sure about the right price.
Buyers are not sure about the true condition of the car. Financial insecurity while transacting with unknown.
Wrong Coordinations with wrong people. Paper work hassles
Eliminating Pain Points
Online Platform with
$ Thoroughly inspected inventory
Fair Pricing
Process End to End managed
Indian Opportunity
2014
2020
2.2 Million
5 Million +
2.8 Million
8 Million +
New Cars Sold
New Cars will be Sold
Used Cars Sold
Used Cars will be Sold
15 Billion USD
50 Billion + USD
Used Car Market Size
Used Car Market Size
Revenue Streams
Commission on Transaction
Car Loans
Warranty
Refurbishments
8% on every car sale
Market in 2020 $ 50B
5% Spinny’s Market Share
$ 2.5B
8% Spinny’s Commission
$ 200M Revenue
More Growth Possibilities
Spare Parts
Insurance
Finance
Leasing
Services
New Cars
New Geographies
Other Categories
Traction & Immediate Target
24th Jun - 31st Aug
For Dec ‘15
For Dec ‘16
40
200-250
1500-2500
400
1000
6000-8000
1200
40-50
500- 750
Car Sales, ASP INR 3.5 Lakhs
Cars listed
Cars Inspected
Car Sales, ASP INR 3.5 Lakhs
Cars listings
Car Loans
Car Sales, ASP INR 3.5 Lakhs
Cars listings
Car Loans
02
Car Loans
*Excluding Seller Buyer Introductions & Direct Transactions between them
*2% Margin per transaction, 2% Commission on each loan
*5% Margin per transaction, 3% Commission on each loan
Competitive Landscape
SPINNY Standardized and Scientific information gathering and dissemination methods. ML based algorithmic mapping.
How We Will Win
V/S
OTHERS Non standard methods and processes. Improper information gathering
Operations Light Model Focus on Marketplace Liquidity Focus on Creating Defence Through Tech
Product
View Details This Car Inside Out Our grueling 200 point Inspection report
FUNCTIONALITY
EXTERIOR
ELECTRICAL
ENGINE
Search Cars
INTERIOR
DENTS
ROADTEST
Brake fluid level and condition acceptable
Undercarriage free of leaks, rust, damage
Steering has normal feel lock-to-lock
Engine is free of leaks - coolant, oil,
Engine free of leaks, rust, damage
turning
P/S, A/C
Transmission free of leaks, rust, damage
Vehicle drives straight on level surface
Coolant hoses are free of swelling, leaks,
Transfercase free of leaks, rust, damage
Vehicle does not pull to the side when
Differential free of leaks, rust, damage
applying brakes
Axles free of leaks, rust, damage
Steering wheel centered
Suspension components free of leaks, rust,
No abnormal noise or vibration from
damage
suspension
dry rot Belts and pulleys are free of damage and in good condition Battery is free of corrosion, swelling, damage
Discovery
Decision Making
Delivery
MAKE DEAL
The Team
Car Avengers
THE BEST CAR INSPECTORS WHO JUST LOVE CARS And Some NutHeads
Ramanshu Mahaur
Mohit Gupta
Computer Engineering Grad from IIT Delhi At Spinny: Technology
Ex Associate Director, Flipkart At Spinny: Processes, Internal Products
Worked with Adobe for 1.5 years. Co-founded anonymous social network Karmabite
Have managed and divised processes at Flipkart in supply chain for 3.5 years. Have also sold Jets for Interglobe before Flipkart
Ganesh Pawar IIM Ahmedabad Grad, Ex Flipkart At Spinny: Operations Have worked with Flipkart in Sales & Operations for 3 years. Have headed Flipkart’s TV vertical. Entrepreneur Partner for Ingersoll International (India) Pvt. Ltd.
Niraj Singh Engineering Grad from IIT Delhi At Spinny: Strategy & Growth, Consumer Products Founded Locus Education in 2007 (acquired by Shri Ram Group in 2011) Played keyrole in setting Outbox Ventures with 8 early stage investments in last 1.5 years with 6 of them raising follow up rounds
SPINNY www.myspinny.com
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