Friday, 24 March, 2023

Spinny to become a unicorn in Indian market with a valuation of over $1.75B

<p>Spinny, a startup facilitating the purchase and sale of used cars,&nbsp;raised&nbsp;$280M in Series E financing round, according to a source. The round was co-led by Tiger Global and Abu Dhabi Growth Fund. The source said investors&nbsp;valued the startup over $1.75 B. This was the third round of funding raised by Spinny which was followed by the startup&#39;s expansion in 15 Indian cities. The startup was valued at $350M in April and around $700M in July.<br /> &nbsp;</p>