Swiggy to sell Lynk to Udaan for ₹500 crore, take 3.2% stake
Swiggy is set to divest its B2B wholesale arm Lynk to Udaan for ₹500 crore and receive a 3.2% stake in the B2B commerce unicorn, according to Inc42. The deal would shift Swiggy from operating wholesale distribution to holding strategic exposure to the segment.
What happened
Swiggy will sell its B2B wholesale subsidiary Lynk to Udaan for ₹500 crore and acquire a 3.2% stake in the B2B commerce unicorn, reshaping its exposure to
Key facts
- ₹500 crore
- 3.2% stake
Why this matters
The transaction offers Udaan wholesale capabilities and Lynk’s ecosystem while giving Swiggy a cleaner portfolio and equity-linked exposure to the combined opportunity.