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India: Used car retailing startup Spinny snags $65m led by General Catalyst April 9, 2021 Gurugram-based used car retailing platform Spinny on Thursday announced that it has raised $65 million in Series C funding led by Silicon Valley-based venture capital firm General Catalyst – an early backer of Airbnb, Stripe, Snapchat, Vroom, Cazoo, among others. Other new investors in the round include Feroz Dewan’s Arena Holdings, and Think Investments. The round also saw participation of existing investors Elevation Capital, The Fundamentum Partnership, and others, Spinny said in a statement. With...

India’s Spinny raises $65 million to expand its online platform for selling used cars Hundreds of thousands of used cars are sold in India each month. But buying one through the offline and traditional channel could prove to be a painstakingly long and high-risk process. A Gurgaon-based startup that is attempting to improve this experience said on Thursday it has raised a new financing round. Spinny has raised $65 million in its Series C financing round, the five-year-old Indian startup said. The new round was led by Silicon Valley-headquartered venture firm General Catalyst, while Feroz De...

ED links Mamta's nephew Abhishek Banerjee to coal mining scam; alleges his family received funds The police officer, apart from TMC youth wing leader Vinay Mishra's brother Vikas Mishra, was arrested by the ED in a case which has local trader Anup Majhi alias Lala as the prime suspect. Share Via Email   |  A+A A- By PTI NEW DELHI: The ED has alleged West Bengal Chief Minister Mamata Banerjee's nephew and TMC MP Abhishek Banerjee's family benefited from illicit funds obtained from certain illegal coal mining in the state under a "deep system" of political patronage driven by a "well-oi...

Synopsis The police officer, apart from TMC youth wing leader Vinay Mishra's brother Vikas Mishra, was arrested by the ED in a case which has local trader Anup Majhi alias Lala as the prime suspect. The ED has alleged West Bengal Chief Minister Mamata Banerjee's nephew and TMC MP Abhishek Banerjee's family benefited from illicit funds obtained from certain illegal coal mining in the state under a "deep system" of political patronage driven by a "well-oiled" machinery. The Enforcement Directorate (ED) made these claims Wednesday in a remand note presented before a special court seeking enhance...

Online used car retailing platform Spinny raises $65 million in funding round PTI Mumbai | Updated on × The Series C funding round saw participation from new investors including Feroz Dewan’s Arena Holdings, and Think Investments. Spinny, an online platform for selling pre-owned cars, has raised $65 million in a funding round, led by Silicon Valley-based venture capital firm General Catalyst. The Series C funding round saw participation from new investors including Feroz Dewan’s Arena Holdings, and Think Investments. In addition, existing investors Elevation Partners (previously SAIF Pa...