Spyne funding, investors and company details

Spyne is an emerging Artificial Intelligence (AI) startup from Gurugram, working in the space of Automotive retail technology, computer vision. Founded by Varnwal, Deepti Prasad.

Company: Eventila Technologies Private Limited
Sector: Artificial Intelligence (AI)
Location: Gurugram
Founders: Varnwal, Deepti Prasad
Total funding raised: ₹193.52 Cr

Company overview

Spyne is a Gurugram-based AI visual merchandising company focused on transforming automotive retail through advanced imaging and generative AI solutions. Founded in 2020, the company enables car dealerships to produce studio-quality photos, 360-degree spin videos, and automated marketing content for online listings, while also developing a GenAI-powered platform that supports vehicle sourcing, pricing, digitization, and customer management. Serving over 1,200 dealers worldwide—with 70% of its business from the US and 25% from Europe—Spyne has evolved from a multi-industry imaging solution to a fully automotive-centric platform since 2023. Over the last 15 months, the company reports 5x growth and is targeting a threefold revenue increase by FY26 as it expands deeper into global automotive retail technology.

Funding rounds

Latest round (Series A): $ 16.00 Mn (₹139.95 Cr.), 2025-02-18. Investors: Vertex Ventures, Accel, Storm Ventures, Alteria Capital
Past round: $ 7.00 Mn (₹53.56 Cr.), 2022-04-12. Investors: Accel