udaan acquires LYNK Logistics, valued at ₹500 Cr, strengthening its retail distribution capabilities across key consumption markets.
Read the full story in @EconomicTimes – bit.ly/4iWNMXU
udaan acquires LYNK Logistics, strengthens position in India’s distribution market.
💠Deal values Lynk Logistics business at INR 500 Cr; Swiggy to acquire ~2.8% stake in udaan
💠Swiggy to also invest INR 75 Cr. in primary equity in udaan for an additional ~0.4% stake
India moves forward every day through millions of small actions that keep Bharat’s economy moving.
A shutter opens.
A customer walks in.
An order is placed.
A sale happens.
A business grows.
And a bigger dream takes one more step forward.
Happy #IndependenceDay 🇮🇳
