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Udaan to acquire Swiggy-owned Lynk Logistics, The Economic Times reports

The Economic Times says Swiggy will receive a 2.8% stake in Udaan and invest Rs 75 crore for an additional 0.4% stake as part of the deal.

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Udaan to acquire Swiggy-owned Lynk Logistics, The Economic Times reports · Digg

Udaan to acquire Swiggy-owned Lynk Logistics, The Economic Times reports

The Economic Times says Swiggy will receive a 2.8% stake in Udaan and invest Rs 75 crore for an additional 0.4% stake as part of the deal.

Udaan is acquiring Swiggy-owned retail distribution company Lynk Logistics in a deal valuing the firm at Rs 500 crore, The Economic Times reports. The publication says Swiggy will receive a 2.8% stake in Udaan and invest Rs 75 crore for an additional 0.4% stake.

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3 posts, first seen 4d ago

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Udaan to acquire Swiggy-owned Lynk Logistics, The Economic Times reports

The Economic Times says Swiggy will receive a 2.8% stake in Udaan and invest Rs 75 crore for an additional 0.4% stake as part of the deal.

Posts from X

3 posts

ET
Economic Times@EconomicTimes 4 days ago
Udaan to acquire Swiggy-owned retail distribution company Lynk Logistics
indiatimes.com
Udaan to acquire Swiggy-owned retail distribution company Lynk Logistics - The Economic Times
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 an additional 0.4% stake as part of the transaction.
- likes: 1
- replies: 0
- bookmarks: 0
- reposts: 1
IN
Inc42@Inc42 4 days ago
🔄. @Swiggy is swapping Lynk for a 3.2% stake in @udaandotcom. 👇 Swiggy’s subsidiary Swiggy Networks has agreed to sell its retail distribution platform Lynk to B2B ecommerce unicorn Udaan in a share-swap deal valuing Lynk at ₹500 Cr. Under the transaction, Swiggy will…
bit.ly
/3UCYfhq
- likes: 8
- replies: 0
- bookmarks: 2
- reposts: 1
BU
businessline@businessline 4 days ago
udaan, India’s leading business-to-business e-commerce platform, has acquired LYNK Logistics Ltd, Swiggy’s wholly owned retail distribution arm, for ₹500 crore.
thehindubusinessline.com
udaan acquires Swiggy’s LYNK Logistics for ₹500 crore, gets Swiggy as shareholder
Udaan acquires Swiggy's LYNK Logistics for ₹500 crore, gaining a 3.2% stake from Swiggy and enhancing distribution capabilities.
- likes: 2
- replies: 0
- bookmarks: 0
- reposts: 0

Posts from X

3 posts

ET
Economic Times@EconomicTimes 4 days ago
Udaan to acquire Swiggy-owned retail distribution company Lynk Logistics
indiatimes.com
Udaan to acquire Swiggy-owned retail distribution company Lynk Logistics - The Economic Times
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 an additional 0.4% stake as part of the transaction.
- likes: 1
- replies: 0
- bookmarks: 0
- reposts: 1
IN
Inc42@Inc42 4 days ago
🔄. @Swiggy is swapping Lynk for a 3.2% stake in @udaandotcom. 👇 Swiggy’s subsidiary Swiggy Networks has agreed to sell its retail distribution platform Lynk to B2B ecommerce unicorn Udaan in a share-swap deal valuing Lynk at ₹500 Cr. Under the transaction, Swiggy will…
bit.ly
/3UCYfhq
- likes: 8
- replies: 0
- bookmarks: 2
- reposts: 1
BU
businessline@businessline 4 days ago
udaan, India’s leading business-to-business e-commerce platform, has acquired LYNK Logistics Ltd, Swiggy’s wholly owned retail distribution arm, for ₹500 crore.
thehindubusinessline.com
udaan acquires Swiggy’s LYNK Logistics for ₹500 crore, gets Swiggy as shareholder
Udaan acquires Swiggy's LYNK Logistics for ₹500 crore, gaining a 3.2% stake from Swiggy and enhancing distribution capabilities.
- likes: 2
- replies: 0
- bookmarks: 0
- reposts: 0

Combined views

6.2K

3 posts, first seen 4d ago

11 likes2 saves2 reposts

Source Posts

@EconomicTimesUdaan to acquire Swiggy-owned retail distribution company Lynk Logistics https://economictimes.indiatimes.com/tech/technology/udaan-to-acquire-swiggy-owned-retail-distribution-company-lynk-logistics/articleshow/133879884.cms

Source Posts

Posts from X

3 posts

ET
Economic Times@EconomicTimes 4 days ago
Udaan to acquire Swiggy-owned retail distribution company Lynk Logistics
indiatimes.com
Udaan to acquire Swiggy-owned retail distribution company Lynk Logistics - The Economic Times
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 an additional 0.4% stake as part of the transaction.
- likes: 1
- replies: 0
- bookmarks: 0
- reposts: 1
IN
Inc42@Inc42 4 days ago
🔄. @Swiggy is swapping Lynk for a 3.2% stake in @udaandotcom. 👇 Swiggy’s subsidiary Swiggy Networks has agreed to sell its retail distribution platform Lynk to B2B ecommerce unicorn Udaan in a share-swap deal valuing Lynk at ₹500 Cr. Under the transaction, Swiggy will…
bit.ly
/3UCYfhq
- likes: 8
- replies: 0
- bookmarks: 2
- reposts: 1
BU
businessline@businessline 4 days ago
udaan, India’s leading business-to-business e-commerce platform, has acquired LYNK Logistics Ltd, Swiggy’s wholly owned retail distribution arm, for ₹500 crore.
thehindubusinessline.com
udaan acquires Swiggy’s LYNK Logistics for ₹500 crore, gets Swiggy as shareholder
Udaan acquires Swiggy's LYNK Logistics for ₹500 crore, gaining a 3.2% stake from Swiggy and enhancing distribution capabilities.
- likes: 2
- replies: 0
- bookmarks: 0
- reposts: 0