Swiggy to sell Lynk to Udaan for ₹500 crore, take 3.2% stake
Swiggy plans to divest its B2B wholesale platform Lynk to Udaan for ₹500 crore, while receiving a 3.2% stake in the B2B commerce unicorn. The deal would reshape Swiggy’s exposure to India’s retail supply-chain and wholesale market.
What happened
Swiggy plans to sell its B2B wholesale platform 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 a route to add Lynk’s wholesale assets and relationships, while illustrating a strategic carve-out model that exchanges a non-core business for minority equity.