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2 mins read

Used car selling platform Spinny to hire over 5,000 people by the end of 2022

Spinny, which is a used car marketplace, is looking to hire 5,000 individuals by the end of 2022 to…

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3 mins read

Indians are buying more pre-owned cars: Scorpio, Fortuner among the top picks

Scorpio, Fortuner and other SUVs are among the most popular second-hand cars being bought by Indian…

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1 min read

Spinny is the latest used car platform to join Cars24, Droom and CarDekho in unicorn club

The company said the raised capital would be utilised to bolster the customer experience, streng…

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Used car platform Spinny raises $108 million to fund growth and expand its presence across India

Used car platform Spinny has raised $108 million (approx. ₹807 crore) in a new funding round led by…

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Sachin Tendulkar invests in used car platform Spinny

Tendulkar is a strategic investor in the company, as well as lead brand endorser. "Our countr…

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Dream11, No Broker, Spinny — the top ten startup deals that raised $1.5 billion this week

Dream11, No Broker, Spinny — the top ten startup deals that raised $1.5 billion this weekDream11, N…

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Spinny raises USD 43.7 mn funding led by Fundamentum Partnership

According to industry reports, for every new car sold in India, approximately 1.3 used cars are so…

PTI   


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6 mins read

The curious case of companies which command high valuations with low revenues

The Burgundy Private Hurun India 2022 list includes 61 companies with sales of less than 1,000 cror…

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4 mins read

Gen X and boomers love Temu. I asked them why.

Over 100 people wrote emails to me about why they love Temu. One boomer said, "We don't place so mu…

Katie Notopoulos   


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GroMo raises $11 million, plans to double headcount in 6-12 months

The funding round was led by the Asian venture capital arm of SIG, SIG Venture Capital.The company …

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India to resume scheduled international flights from December 15, says Aviation Ministry

Scheduled international flights have been suspended in India since March 23 last year due to the…

PTI   


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Elevation Capital announces $670 million fund for early-stage startups

Over the past two decades, the company has invested almost $2 billion of capital in over 150 compan…

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Indian startups raised around $1 billion a week in January and February

Direct-to-consumer (D2C) Mamaearth too announced its entry into the unicorn club on January …

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Grey market premium for Anand Rathi Wealth IPO is down to ₹25 from ₹125

Wealth management firm Anand Rathi Wealth has received good response from investors in its initial …

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4 mins read

As new cars get pricier, pre-owned BMWs, Audis and Porsches get more attractive

Customers are showing a growing preference for pre-owned BMW luxury cars as rising input costs and …

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India is home to 81 unicorns now as Mamaearth, Globalbees make it to the list

The company runs on a Thras.io model, which is a New York-based e-commerce player that acquire…

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5 mins read

How millennials and the pandemic are powering India's used-car market, where 4 startups hit unicorn status in one year

The demand for pre-owned cars has soared across the world. India is an under-penetrated market: Onl…

Vasudevan Sridharan   


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Ratan Tata-backed Upstox is now valued more than its rivals Zerodha and Groww

According to filings with the Ministry of Corporate Affairs, Upstox has approved the allotment o…

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MX Player’s latest thriller Matsya Kaand is a big hit among the audience as it crosses 100 million views

Celebrating his birthday and acknowledging the success of his webseries, Ravii Dubey said, “Fr…