Swiggy reportedly to sell Lynk to Udaan for ₹500 crore, take 3.2% stake
Swiggy is reportedly preparing to sell its B2B supply-chain business Lynk to Udaan for ₹500 crore in exchange for a 3.2% stake, extending its exposure to India’s merchant-commerce and retail distribution ecosystem.
What happened
Swiggy is set to sell its Lynk business to B2B commerce unicorn Udaan for ₹500 crore and receive a 3.2% stake in Udaan, strengthening its exposure to India’s
Key facts
- ₹500 crore
- 3.2% stake
Why this matters
The proposed deal highlights strategic equity swaps as a route to consolidate overlapping B2B commerce capabilities while preserving upside in India’s retail-distribution ecosystem.
Also reported by
- Inc42 · Quick Commerce — 1h after first sighting