Gurugram-based Spinny raised $43.7 million in Series B

Spinny, the Gurugram-based car marketplace has recently raised $43.7 million in Series B funding round. It was led by Nandan Nilekani’s Fundamentum partnership with the participation of US-based general Catalyst partners, SAIF partners, KB financial groups and others. Spinny is currently operational in 4 cities and claims to have sold more than 10,000 cars through its platform, where it eliminates all layers of middlemen.