The first catalytic asymmetric exo′‐selective [3+2] cycloaddition of methyleneindolinones with iminoesters was achieved for construction of novel diastereomers of spiro[pyrrolidin‐3,3′‐oxindole]. By using the imidazoline–aminophenol‐ligand complex [Ni(OAc)2–(L1)], the reaction proceeds in the stepwise Michael–Mannich reaction to give the exo′ adducts as stable isomers (see scheme).