Online second-hand automotive retailer Spinny has closed a series D round reportedly featuring Kaiser Permanente at $108m.
Spinny, an India-based second-hand car vendor backed by healthcare provider Kaiser Permanente, has raised $108m in a series D round led by hedge fund manager Tiger Global Management, YourStory reported on Monday.
Tiger Global invested $75m while Avenir Growth provided $25m for the round, investing alongside General Catalyst. The round included a $3m secondary sale by undisclosed angel and early-stage investors.
VCCircle reported earlier this month the company had secured $103m for the round, from Tiger Global, Kaiser Permanente…
