India, June 12 -- Used-car marketplace unicorn Spinny has raised $30 Mn (around INR 256 Cr) from WestBridge Capital to close its Series F funding round at $170 Mn. Sources told Inc42 that the funding round was a mix of primary and secondary deals.
Inc42 is yet to an official communication on the details of the round from Spinny. Entrackr reported the development first.
In the first tranche of the round, the unicorn raised $131 Mn led by US-based Accel Leaders Fund with participation from Nandan Nilekani's Fundamentum in April. Back then, the startup's post money valuation stood between $1.7 -1.8 Bn.
This is a flat valuation compared to its previous $1.8 Bn valuation in December 2021, when the startup joined the unicorn club after raisi...
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