Spinny becomes India's 39th unicorn this year after $248 million funding

Gurugram-based used car marketplace Spinny has raised $248 million in a funding round co-led by existing investor Tiger Global and new investor Abu Dhabi Growth Fund, filings showed. The round values Spinny at $1.7 billion, making it India's 39th unicorn this year. Spinny had raised $108 million in a Series D funding round led by Tiger Global in July.