Spinny raises $43.7M funding led by Fundamentum Partnership

Date posted: Thursday 12 March 2020

Used car retailing platform Spinny has raised Rs 315 crore ($43.7 million) led by Fundamentum Partnership along with US-based General Catalyst Partners, South Korea-based KB Financial Group and existing investors Accel, SAIF Partners and Alteria Capital. Spinny will use the funds to invest in technology, strengthen business teams and expand to newer cities, the company said in a statement.

(ET Tech)