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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”…
