Swiggy to sell Lynk to Udaan for ₹500 crore, take 3.2% stake
Swiggy is set to divest its B2B distribution platform Lynk to Udaan in a ₹500 crore transaction, receiving a 3.2% stake in the B2B commerce company. The deal would shift Swiggy’s wholesale exposure from direct operations to an equity investment.
What happened
Swiggy will sell its B2B platform Lynk to Udaan for ₹500 crore and receive a 3.2% stake in the B2B commerce unicorn, reshaping Swiggy’s exposure to wholesale
Key facts
- ₹500 crore
- 3.2% stake
- September 7, 2026
Why this matters
Udaan’s acquisition of Lynk adds distribution capabilities and potentially valuable supplier relationships, while Swiggy uses an equity-linked exit to preserve strategic optionality without continued operating commitment.