Used car retailing platform Spinny is in late-stage talks to raise a $160–165 million round co- led by its existing investor, Accel Leaders Fund, according to three people aware of the development. With this, the Gurugram-based company will end up raising over $320 million in 2025.
“This will be a fresh round, separate from the $160 million raised earlier this year including the $30 million top up,” said one of the sources, requesting anonymity. “A significant portion of the primary infusion is earmarked for payouts related to Spinny’s…
