Spinny Raises $30M from WestBridge Capital in Extended Series F Round

Used car marketplace Spinny has secured $30 million in primary capital from investment firm WestBridge Capital, as part of an extension to its ongoing Series F funding round, according to a source familiar with the matter.

The new tranche brings the total raised in the Series F round to approximately $170 million. Earlier this year, the Gurugram-based startup had raised $131 million from marquee investors including Accel (US), Nandan Nilekani’s Fundamentum, Tiger Global, and Elevation Capital.

The funding was secured at a “flattish valuation”…