Swiggy reportedly to sell Lynk to Udaan for ₹500 crore, take 3.2% stake
Swiggy is reportedly set to divest its B2B platform Lynk to Udaan in a ₹500 crore transaction, receiving a 3.2% stake in the B2B commerce company as part of the deal.
What happened
Swiggy will sell its B2B platform Lynk to Udaan for ₹500 crore, receiving a 3.2% stake in the B2B commerce unicorn as part of the transaction.
Key facts
- ₹500 crore
- 3.2% stake
Why this matters
The transaction illustrates a strategic carve-out model: Swiggy monetizes a non-core B2B asset while Udaan acquires capabilities and preserves Swiggy as an aligned minority shareholder.