Udaan buys Swiggy's LYNK for ₹500 cr as e-commerce firm readies for IPO

Business Standard 2 h

India

Udaan buys Swiggy's LYNK for ₹500 cr as e-commerce firm readies for IPO — Sources: Business Standard

As part of the transaction, Swiggy will acquire about a 2.8 per cent stake in Udaan and invest Rs 75 crore in parent entity TIPL for an additional 0.4 per cent stake

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Udaan buys Swiggy's LYNK for ₹500 cr as e-commerce firm readies for IPO

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