Accel-backed Spinny acquires used car marketplace Truebil

07:30:00 PM, Thursday 6th of August 2020 | in startups

Full-stack pre-owned car retailing platform Spinny has acquired Truebil for an undisclosed sum. The deal will mark one of the first consolidations in the used car retailing segment where Spinny appears to have emerged as the leader. The Kalaari-backed Truebil has not been in good shape for the past 12-15 months. Getting acquired was the only logical step for the company.”