STORY-TRÅD·industri

Udaan to Acquire Swiggy’s B2B Grocery Distribution Business Lynk

India’s business-to-business retail sector is seeing further consolidation after eB2B platform Udaan agreed to acquire Lynk Logistics, the technology-driven retail distribution business owned by food delivery and grocery company Swiggy, in a transaction valued at ₹500 crore. The deal, announced on 7 September, will bring Lynk’s distribution capabilities, brand relationships...