SPOYL: Exclusive: Sequoia and TIL-backed Spoyl runs into trouble, explores acquihire

Leveraging celebrities and enabling them to launch their fashion labels has been tried by several startups. However, none have managed to grow at a notable scale. The list includes the likes of The Label Life (previously The Label Corp), Spoyl and RAENA.While The Label Life has been able to keep afloat, Sequoia Capital and Times Internet-backed Spoyl has been going through a hard time. According to three Entrackr sources, the company is in talks with several companies for a potential acquihire.Continue reading Exclusive: Sequoia and TIL-backed Spoyl runs into trouble, explores acquihire at Entrackr.