Startup news and updates: Daily roundup (November 25, 2021)

Spinny raises $248M, turns unicorn Used car marketplace Spinny has raised Rs 1,849.45 crore ($248 million approximately) from returning and new investors as part of its Series E round, according to filings made with the Registrar of Companies. The Gurugram-based startup, now valued at $1.7 billion, has now become the 39th unicorn. The round was co-led by Abu Dhabi Growth Fund and returning investor, Tiger Global, which invested nearly Rs 740 crore each in the round.…
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