Kaiser Permanente and Kaiser Foundation are among the investors that backed the online-to-offline used car dealership’s latest round, which came three months after its series C.

India-based second-hand vehicle retailer Spinny has secured Rs 7.71bn ($103m) in a series D round featuring healthcare provider Kaiser Foundation and parent company Kaiser Permanente, VCCircle reported on Friday.

Investment firm Tiger Global Management led the round, which included Avenir Growth, FJ Labs and General Catalyst, while Kaiser Permanente and Kaiser Foundation invested a combined $9.8m, according to Paper.vc filings seen by VCCircle.

Managed by parent company Valuedrive Technologies, Spinny runs an online platform that helps users look for used…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn