Swiggy To Sell Lynk To Udaan For ₹500 Cr, Pick Up 3.2% Stake In B2B Unicorn
Swiggy’s subsidiary, Swiggy Networks Ltd, has entered a share acquisition agreement with B2B ecommerce unicorn Udaan to acquire Swiggy-owned retail distribution platform LYNK in a share-swap transaction valuing the business at ₹500 Cr.
Worth a read for people-focused operators. Published by Inc42 — context above is the source's own framing.
Swiggy’s subsidiary, Swiggy Networks Ltd, has entered a share acquisition agreement with B2B ecommerce unicorn Udaan to acquire Swiggy-owned retail distribution platform LYNK in a share-swap transaction valuing the business at ₹500 Cr.
This article lives at Inc42. We linked it because we found it valuable for F&B operators.
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Curated industry coverage by the Restronomics editorial team. Each article is selected from approved F&B publications and includes a Restronomics editor take.
The first week of September was marked by stake sales by institutional investors, fresh ESOP allotments, and continued momentum in the new-age tech IPO market.
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