Spinny

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Finance

11 April, 2022

Cred backer General Catalyst eyes first Web3 bet in India

General Catalyst, backer of Indian startup unicorns such as Cred and Spinny, is increasing its allocation towards India. It is ......

TMT

08 April, 2022

Elevation Capital raises $670 mn for new India-focussed fund

Venture capital and growth-equity investment firm Elevation Capital (formerly SAIF Partners) has raised $670 million (Rs 5,080 crore) for its ......

TMT

10 February, 2022

Used car platform Spinny buys Guj-based Scouto

Used car retailing platform Spinny on Thursday said it has acquired Ahmedabad-based artificial intelligence-powered connected car startup Scouto, for an undisclosed sum. Founded ......

People

23 December, 2021

Spinny, Khatabook and mPokket plan to ramp up hiring in 2022

Standing at the tail end of 2021, some companies are planning to enter the new year with increased manpower.   Spinny, ......

Consumer

21 December, 2021

Spinny announces first ESOP buyback worth $12 mn

Pre-owned cars platform Spinny said it has announced the first buyback of employee stock options (Esops) worth $12 million (around ......

Consumer

14 December, 2021

Sachin Tendulkar invests in Tiger Global-backed used cars platform Spinny

Former Indian cricketer Sachin Tendulkar has invested an undisclosed amount in pre-owned cars platform Spinny, the company said in a ......

TMT

07 December, 2021

Spinny closes $283 mn round in Series E funding, valued at $1.8 bn

Spinny, a used car retailing platform in India operated by Valuedrive Technologies Pvt Ltd, announced on Tuesday the closure of ......

Premium

Finance

26 November, 2021

Deals Digest: PE/VC funding value jumps over three-fold, adds 3 unicorns

The total value of new private equity (PE) and venture capital (VC) deals rebounded strongly after falling consecutively for the ......

TMT

24 November, 2021

Spinny raises $248 mn in Series E funding, turns unicorn

Pre-owned cars platform, Spinny, has raised Rs 1849.45 crore ($248.6 million) as part of its Series E funding round, making ......

TMT

20 September, 2021

Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn

In its largest round of funding till date, India’s largest online marketplace for used automobiles, Cars24 Services, said on Monday ......

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