India’s pre-owned vehicle startups fail the internet business test

We look at Spinny, a unicorn, to demonstrate how the used-car business is a graveyard of ideas pretending to be internet-first or internet businesses only to realize years later that the soul of the business lies in brick and mortar.

8 May, 202514 min
2
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
India’s pre-owned vehicle startups fail the internet business test

You may also like

Internet
Story image

In Indian VC landscape, capital outpaces opportunity

The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.

Internet
Story image

FirstCry’s Mideast conundrum

The Indian mother and baby products retailer has been slow to grow in the two largest markets of the Gulf. What gives?

Internet
Story image

Why SoftBank has shunned India

For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.