Udaan to Acquire Lynk Logistics from Swiggy

Udaan is acquiring retail distribution platform Lynk Logistics from Swiggy in a deal valuing Lynk at approximately ₹500 crore. Key Highlights • The transaction values Lynk Logistics at ₹500 crore. • As part of the deal, Swiggy will receive a 2.8% stake in Udaan. • Swiggy will separately invest another ₹75 crore in Udaan for an additional 0.4% stake. • Together, the transactions would give Swiggy a 3.2% stake in Udaan. Why It Matters The acquisition allows Udaan to add Lynk’s retail distribution platform to its business, strengthening its presence in the B2B commerce and distribution ecosystem. For Swiggy, the transaction converts its Lynk exposure into an equity stake in Udaan, while the additional ₹75 crore investment further increases its participation. The deal also creates a strategic linkage between two major players in India’s digital commerce ecosystem.