INSIGHTS #67: GRIT Stories | Spinny’s Road to Success with Niraj Singh

Jun 25, 2021 59 MIN

00:00 – 03:16: Introduction
03:17 – 5:26: Tough beginnings and what shaped Niraj
05:33 – 7:25: Grit to get to IIT-D
12:34 – 13:42: Support of the ecosystem being very low back in the day
14:53 – 17:23: Lost his father but bounced back in 3-4 months and started his second company
31:42 – 33:51: Going with the full stack model even though the new investors pulled the term sheet
35:22 – 37:37: Restarting with the new business model: What happened after the investors pulled back?
39:43 – 41:28: How the team stepped up during tough times?
52:46 – 53:57: Being open to feedback and it’s importance

On the very surface, Niraj Singh’s startup story might seem like one you’ve heard before. He went to IIT-Delhi, and is the CEO and founder of Spinny, the online platform for people to sell and buy second-hand cars. You know this already.

But behind the scenes, nothing about Niraj’s journey is familiar; his grit story long preceded his entrepreneurial days.

Studying with his textbooks and a Hindi to English dictionary side by side, attempting JEE exam for the second time in secret in order to switch from B.Arch to B.Tech, a few entrepreneurial stints even before he hit 30, the loss of a loved one – Niraj has accumulated significant life experiences at a fairly young age

How he did all that and now built one of India’s most recognizable startups is part of the ground we cover on this podcast.