Swiggy to sell Lynk to Udaan for ₹500 crore, take 3.2% stake
Swiggy is set to divest its B2B commerce subsidiary Lynk to Udaan for ₹500 crore. The transaction will also give Swiggy a 3.2% stake in the B2B commerce unicorn, retaining exposure to the wholesale trade opportunity.
What happened
Swiggy will sell its B2B commerce subsidiary Lynk to Udaan for ₹500 crore and, as part of the transaction, acquire a 3.2% stake in the B2B commerce unicorn.
Key facts
- ₹500 crore
- 3.2% stake
Why this matters
The transaction illustrates a strategic carve-out model: transfer a subscale operating asset to a category leader while preserving equity participation in future value creation.