Spyne.ai

Spyne.ai is a deep-tech startup founded in 2018 by Sanjay Varnwal (CEO, IIT Kharagpur B.Tech) and Deepti Prasad, specializing in AI-powered visual merchandising for automotive retail. The company has raised $25.4M across 6 rounds: $7M (Accel, Storm Ventures, 2022) and $16M Series A (Vertex Ventures with Accel, Storm, Alteria, 2025). Sanjay previously held tech/product leadership roles at Oyo and is an active angel investor (9 startups, 4 boards). Spyne uses AI and computer vision to transform smartphone images into high-quality vehicle visuals 500x faster, offering 360-degree spins, automated enhancement, background editing, and shadow correction. The platform evolved from general photography (2018-2022) to focus almost entirely on automotive retail (2023+). Spynes Auto Retail Suite covers the entire vehicle lifecycle: sourcing, pricing, lead management, CRM, and automated publishing. The company has global operations in India, US, EMEA, and APAC.