Sunday, 15 March, 2026
Spinny Secures $160M for Strategic GoMechanic Acquisition
By Isha
Indian used-car retailer Spinny is preparing to raise $160 million in a new Series G funding round to acquire car service platform GoMechanic. The deal, which also involves funding a service platform revamp, is expected to maintain Spinny's post-money valuation at approximately $1.8 billion. This strategic move aims to solidify Spinny's full-stack position across the used-car value chain, including after-sales service.
Read full story at TechCrunch