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Spinny collaborates with 1MG labs for providing on the spot RT-PCR test

Spinny has collaborated with
1MG Labs for providing an on-the-spot RT-PCR test facility, the company said on Monday.
Under the partnership, Spinny will provide delivery trucks, used to deliver cars to its customers, to 1MG Labs to conduct speedy on-the-spot drive-through collections in some sectors of Gurgaon and at select locations in Delhi and Bengaluru, the release said.
Spinny also said it is supporting 1MG labs in organising sample collections on the spot as per ICMR guidelines and reports within 36 hours as per subsidised and government-approved rates.
The company said that anybody experiencing COVID-19 like symptoms can avail of sampling at these select locations, starting Monday. ....

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Digital Drives Greater Demand for Used Cars from Spinny

Digital Drives Greater Demand for Used Cars from Spinny
Wednesday, May 19, 2021 4:00PM IST (10:30AM GMT)
Offers car buying and selling experience #withextracare
Spinny - Rising demand for preowned cars

New Delhi, Delhi, India:

Rising demand for preowned cars in the Rs 4 lakh to Rs 6 lakh price range

Spinny, India’s leading used-car platform, has witnessed rising demand for preowned cars through its contactless digital modes. As a full-stack used-car platform, Spinny sold 9,100-plus used cars till 2020, with a 38% referral purchase rate. More than 70% of used cars are purchased by those under 40 years.

Out of the 1,200 used cars sold each month since January 2021, 70% have been via home test drives and deliveries – a testimony to the trust in the quality of its cars and the information available online. 80% of used cars in Bangalore were sold via home driv ....

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India: Used car retailing startup Spinny snags $65m led by General Catalyst

India: Used car retailing startup Spinny snags $65m led by General Catalyst
April 9, 2021
Gurugram-based used car retailing platform Spinny on Thursday announced that it has raised $65 million in Series C funding led by Silicon Valley-based venture capital firm General Catalyst – an early backer of Airbnb, Stripe, Snapchat, Vroom, Cazoo, among others.
Other new investors in the round include Feroz Dewan’s Arena Holdings, and Think Investments. The round also saw participation of existing investors Elevation Capital, The Fundamentum Partnership, and others, Spinny said in a statement.
With the latest round, Spinny’s total funding till date stands at over $120 million, it added. ....

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India's Spinny raises $65 million to expand its online platform for selling used cars – TechCrunch

India’s Spinny raises $65 million to expand its online platform for selling used cars
Hundreds of thousands of used cars are sold in India each month. But buying one through the offline and traditional channel could prove to be a painstakingly long and high-risk process.
A Gurgaon-based startup that is attempting to improve this experience said on Thursday it has raised a new financing round.
Spinny has raised $65 million in its Series C financing round, the five-year-old Indian startup said. The new round was led by Silicon Valley-headquartered venture firm General Catalyst, while Feroz Dewan’s Arena Holdings, Think Investments, and existing investors Fundamentum Partnership backed by tech veterans Nandan Nilekani and Sanjeev Aggarwal and Elevation Partners participated in it. ....

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ED links Mamta's nephew Abhishek Banerjee to coal mining scam; alleges his family received funds

ED links Mamta s nephew Abhishek Banerjee to coal mining scam; alleges his family received funds
The police officer, apart from TMC youth wing leader Vinay Mishra s brother Vikas Mishra, was arrested by the ED in a case which has local trader Anup Majhi alias Lala as the prime suspect.
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By PTI
NEW DELHI: The ED has alleged West Bengal Chief Minister Mamata Banerjee s nephew and TMC MP Abhishek Banerjee s family benefited from illicit funds obtained from certain illegal coal mining in the state under a deep system of political patronage driven by a well-oiled machinery. ....

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