Dear Reader, eB2B platform Udaan is set to acquire Swiggy’s distribution business Lynk Logistics for Rs 500 crore. The transaction involves a share swap agreement following which Swiggy will have a minority stake in Udaan. The deal strengthens Udaan’s distribution network and helps expand its p

Udaan is acquiring Swiggy-owned Lynk Logistics in a deal valuing the retail distribution firm at Rs 500 crore. Swiggy will receive a 2.8% stake in Udaan and invest Rs 75 crore for…

Udaan acquires Swiggy's LYNK Logistics for ₹500 crore, gaining a 3.2% stake from Swiggy and enhancing distribution capabilities.

Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5.