Spinny gets $65 million funding at a valuation of $350 million

Used cars platform Spinny has concluded its Series C funding round by raising $65 million from Silicon Valley-based venture capital firm General Catalyst and others at a post-money valuation of $350 million. New investors Feroz Dewan's Arena Holdings and Think Investments, and existing backers Elevation Capital and Fundamentum Partnership, also participated in the funding round that saw some early-stage investors sell stock worth $15 million.