India: Spinny, Myntra in M&A news

Photo: Spinny website

Used car retailing platform Spinny, backed by Fundamentum Partnership, SAIF Partners and Accel, among others, has acquired smaller rival Truebil. In a separate development, fashion- and apparel-focussed e-commerce firm Myntra has acquired Bollywood actor Deepika Padukone’s stake in the All About You brand.

Spinny acquires smaller rival Truebil

Used car retailing platform Spinny, backed by Fundamentum Partnership, SAIF Partners and Accel, among others, has acquired smaller rival Truebil, per a report by VC Circle.

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