Spinny set to acquire GoMechanic after its turnaround

Spinny is set to acquire car servicing platform GoMechanic from the consortium that currently owns and operates it, according to two sources aware of the discussions. This will be one of the notable consolidations in the used-car and auto services segment in the past few years. 

This will be the Accel-backed firm’s fourth acquisition after Truebil, Scouto and Autocar-operator Haymarket’s automotive titles in India.

“The terms of the deal have been finalised, and it is expected to close by the end of this month,” said one of the sources…