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Fidelity and Accel Lead $160-170 Million Funding Round for Car Platform Spinny

Fidelity and Accel Lead $160-170 Million Funding Round for Car Platform Spinny
Used-car retailing platform Spinny is set to raise $160-170 million in a fresh funding round led by Fidelity and Accel. This significant capital injection reflects strong investor confidence in the pre-owned vehicle market despite a broader funding slowdown. Spinny plans to utilize the investment to strengthen its technological infrastructure, expand its operational footprint across India.

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