Udaan to buy Swiggy’s B2B logistics arm Lynk for Rs 500 crore
By United One News · AI-generated summary of 2 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below: Udaan, an Indian e‑commerce platform, will acquire Swiggy’s B2B logistics business Lynk in a share‑swap deal valued at Rs 500 crore. The transaction, announced in early 2024, will give Swiggy a minority stake in Udaan while allowing the food‑delivery company to divest its distribution arm. The deal expands Udaan’s logistics footprint and consolidates its position in the Indian supply‑chain market.
Covered by 3 outlets across the spectrum: 0% left, 100% center, 0% right.
How each side framed it
Udaan to acquire Swiggy’s B2B business Lynk for Rs 500 Cr
Left-leaning outlets have under-covered this story. Of 3 outlets, only 0 are on the left of the spectrum.
Timeline
First reported by YourStory on ; 3 articles from 2 outlets so far.
Who is covering this story
- Center (2): YourStory, The New Indian Express
Sources
- Udaan to acquire Swiggy’s B2B business Lynk for Rs 500 Cr — YourStory (center) ·
- udaan acquires LYNK Logistics for Rs 500 crore; Swiggy to take 3.2% stake — The New Indian Express (center) ·
- Pixxel bags $100M in India’s biggest spacetech fundraise; Food delivery app Swish to raise Rs 225 Cr — YourStory (center) ·