Lynk Logistics

Lynk Logistics is an FMCG distribution business owned by Swiggy. [1] source: Business Today[2] source: Mint Its network serves around 1 lakh retail stores. [1] source: Business Today The Hindu BusinessLine described its reach as four major consumption centres: Bengaluru, Chennai, Hyderabad and Kolkata. [3] source: The Hindu BusinessLine It also reported that Lynk's markets account for roughly 75% of revenue. [3] source: The Hindu BusinessLine

In September 2026, Swiggy agreed to sell Lynk Logistics to Udaan for ₹500 crore in a share-led deal. [1] source: Business Today[4] source: Times of India[3] source: The Hindu BusinessLine Mint reported that 100% of Lynk is to be transferred to Trustroot Internet, Udaan's parent. [2] source: Mint Swiggy is to receive approximately 2.8% of Udaan in the transaction and invest ₹75 crore for another 0.4%, taking its holding to about 3.2%. [1] source: Business Today[2] source: Mint[3] source: The Hindu BusinessLine The deal is subject to approvals. [3] source: The Hindu BusinessLine Entrackr resurfaced the sale in its 27 September 2026 roundup. [5] source: Entrackr

Business Standard reported in October 2026 that Udaan targets an IPO by the end of 2027 or the first quarter of 2028. [6] source: Business Standard It also noted that Udaan announced a $160 million recapitalisation in July 2026 and gave the Lynk all-share acquisition value as ₹500 crore. [6] source: Business Standard