Udaan to Acquire Swiggy’s Lynk Logistics in ₹500 Crore Share-Swap Deal

8 Sept 2026, 7:30 am · 4d ago · 1 min read · YourStory

Amount

₹500 Cr

Stage

M&A

B2B ecommerce platform Udaan is acquiring Swiggy’s distribution business, Lynk Logistics, for ₹500 crore through a share-swap agreement. Following the transaction, Swiggy will secure a minority equity stake in Udaan. The acquisition aims to strengthen Udaan’s distribution infrastructure, optimize supply chain efficiency, and accelerate its expansion across major regional markets. The development comes alongside broader ecosystem movements, including OpenAI chief scientist Jakub Pachocki cautioning against unconstrained artificial intelligence acceleration and Paytm founder Vijay Shekhar Sharma projecting that AI agents will largely replace smartphone apps and traditional software interfaces by the year 2027.