{"id":1033884,"date":"2026-09-08T07:50:39","date_gmt":"2026-09-08T02:20:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1033884"},"modified":"2026-09-08T08:08:41","modified_gmt":"2026-09-08T02:38:41","slug":"udaan-to-buy-swiggys-b2b-distribution-arm-lynk-for-%e2%82%b9500-cr-in-all-stock-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/08\/udaan-to-buy-swiggys-b2b-distribution-arm-lynk-for-%e2%82%b9500-cr-in-all-stock-deal\/","title":{"rendered":"Udaan to buy Swiggy\u2019s B2B distribution arm Lynk for \u20b9500 cr in all-stock deal"},"content":{"rendered":"<p>EB2B platform Udaan on Monday said it will acquire Lynk Logistics, Swiggy\u2019s wholly owned retail distribution arm, in an all-stock transaction that values the business at \u20b9500 crore. <\/p>\n<p>Trustroot Internet, Udaan\u2019s parent, will issue Swiggy Networks 166,534 Series R compulsorily convertible preference shares priced at $314.4 each, or about $52.4 million, in exchange for its entire shareholding in Lynks Logistics, according to disclosures made by Swiggy to exchanges on Monday. That gives Swiggy about 2.8% in Udaan. Swiggy will separately invest \u20b975 crore of primary equity in Trustroot for another 0.4%, taking its holding to roughly 3.2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EB2B platform Udaan on Monday said it will acquire Lynk Logistics, Swiggy\u2019s wholly owned retail distribution arm, in an all-stock transaction that values the business at \u20b9500 crore. Trustroot Internet, Udaan\u2019s parent, will issue Swiggy Networks 166,534 Series R compulsorily convertible preference shares priced at $314.4 each, or about $52.4 million, in exchange for its entire shareholding in Lynks Logistics, according to disclosures made by Swiggy to exchanges on Monday. That gives Swiggy about 2.8% in Udaan. Swiggy will separately invest \u20b975 crore of primary equity in Trustroot for another 0.4%, taking its holding to roughly 3.2%.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1033884","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1033884"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033884\/revisions"}],"predecessor-version":[{"id":1033901,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033884\/revisions\/1033901"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1033884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1033884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1033884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}