India used car marketplace raises $13m Series A
SAIF Partners and Accel Partners have led a $13.2 million Series A round for Indian online used car marketplace Spinny, with participation by existing investors Blume Ventures and Simile Ventures.
The deal also included INR200 million ($2.9 million) in venture debt provided by Alteria Capital, according to media reports linked from Spinny’s Twitter feed, while Haresh Chawla, a partner at True...
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