Spinny Raises $131 Mn To Expand NBFC Arm: Report

Led by Accel Leaders Fund, the round also saw participation from Nandan Nilekani’s Fundamentum

Spinny raised the money through a combination of primary and secondary deal on a flat valuation of $1.8 Bn

The used-car marketplace unicorn posted a net loss of INR 590 Cr in FY24 on operating revenue of INR 3,725 Cr

Tiger Global-backed used-car marketplace unicorn Spinny has reportedly raised $131 Mn (about INR 1,121 Cr) in a round led by US-based Accel Leaders Fund. 

The round, which was a combination of primary and…