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B2B Commerce

Udaan to Take Over Swiggy’s Lynk Business in ₹500 Crore All-Stock Deal

September 8, 2026 by digitalprindia

At the proposed issue price, Udaan is valued at around $1.9 billion, or nearly ₹17,953 crore. The company was previously valued at about $1.75 billion during its Series E funding round in January 2024. B2B commerce platform Udaan said on Monday that it will acquire Lynk Logistics, the retail distribution business fully owned by Swiggy, through an all-stock deal. The … [Read more...] about Udaan to Take Over Swiggy’s Lynk Business in ₹500 Crore All-Stock Deal

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