The Series G round, which includes a mix of primary and secondary transactions, would value the 10-year-old startup at about $1.8 billion post-money, three people familiar with the matter said, broadly in line with its previous valuation. Nearly $90 million of the round is primary, people said; Existing investor Accel has already wired about $44 million of that amount, with some details of the investment appearing in regulatory filings in India this week, which Indian outlet Entrackr first reported. A new investor is participating in the remaining portion of the primary, but TechCrunch could not confirm its specifics. WestBridge Capital is doubling down in the new round with a check of a similar size to its previous investment, the people said. The firm invested about $35 million to $40 million in Spinny's Series F round earlier this year. In March, Spinny raised $131 million in the first part of its Series F round led by Accel, with participation from Fundamentum, before expanding the raise to about $170 million in June to include WestBridge Capital. Those funds were earmarked to scale Spinny's core used-car business....

A message on the Mesa website states that as of December 12, 'all Mesa Homeowners Card accounts are closed,' adding, 'All credit cards have been deactivated and you are no longer able to make any new purchases or earn Mesa Points.' A Mesa FAQ about the shutdown described this as 'a business decision to close the Mesa Homeowners Card Program entirely.' TechCrunch has reached out to Mesa for additional comment on its future plans. The startup launched just over a year ago, in November 2024, with $9.2 million in funding ($7.2 million in equity funding and $2 million in debt). It offered two products ' mortgage loans with 1% cash back, as well as the credit card with rewards including cash back, travel, and offset mortgage payments. Mesa's card shutdown has been covered by travel deals websites like One Mile at a Time and Upgraded Points, which say that Mesa cardmembers have been complaining about declined transactions for the past week, with the company initially claiming this was only a temporary outage....

Whether or not Netflix's $82.6 billion acquisition of Warner Bros. goes through, the deal encapsulates a fraught moment for Hollywood, as the entertainment business is increasingly overshadowed by tech giants. On the latest episode of the Equity podcast, Kirsten Korosec and I discussed the deal's implications, both for Netflix and the larger Hollywood ecosystem. Kirsten noted that it's just the latest move bringing more consolidation to the media business, and she wondered whether it's 'too big a risk' for Netflix. Meanwhile, I discussed a call with Netflix executives where Wall Street analysts also seemed to be struggling to wrap their heads around the deal. And then of course there's Paramount's competing hostile bid ' whatever happens, Warner Bros.' days as a standalone company seem to be numbered. Kirsten: I remember when Netflix was just a little baby startup and I got their [DVDs] in the mail. Here they are, all grown up, bidding for a legacy company. Did that run through your head when you saw the news'...

Driverless cars are no longer restricted to the realm of sci-fi thanks to companies like Waymo deploying commercial robotaxi services in multiple cities. And a number of automakers, big and small, are trying to bring that same level of autonomy to personally owned vehicles over the next few years. If that happens, what kinds of things could you do with a personal AV' Maybe you'll be able to send it to pick up food or run errands ' the hope of a company called Autolane. Or, if you're Tesla CEO Elon Musk, you think owners will want to deploy their cars into the world to offer rides to other people, creating a tidy, nearly effortless side-hustle. Hebron Sher, co-founder of Dallas-based Zevo, is eager to capitalize on all of the above. The company has been operating an EV-only car-share fleet for a little over a year, and it's now adding robotaxis, starting with a new company called Tensor. Tensor is kind of an odd duck. The startup sort of emerged earlier this year from a previous Silicon Valley startup called AutoX that also had operations in China, and boldly claims that it will be the first to sell a fully autonomous car to regular consumers ' in 2026, no less. Zevo says it will purchase up to 100 of Tensor's cars and add them to its network....