Udaan to Acquire Swiggy's Lynk Logistics in Rs 500 Crore Deal

7 Sept 2026, 5:42 pm · 5d ago · 1 min read · Entrackr

Amount

₹500 Cr

Stage

M&A

B2B e-commerce platform Udaan has agreed to acquire retail distribution network Lynk Logistics from Swiggy in a transaction valued at Rs 500 crore. As part of the share-swap deal, Swiggy will receive a 2.8% stake in Udaan's parent entity, Trustroot Internet, and will invest an additional Rs 75 crore in primary capital to secure a total 3.2% stake. Lynk generated Rs 668 crore in FY26 revenue across major southern hubs. The transaction bolsters Udaan's retail supply chain and FMCG distribution capabilities across key urban consumer markets.