.
MergerLinks Header Logo

New Deal


Announced

Swiggy to acquire LYNK.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

retail distribution

Diversified Retailers

India

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

Edit

Swiggy, an on-demand convenience platform, agreed to acquire LYNK, a full stack FMCG retail distribution platform. Financial terms were not disclosed. “I am excited to have the LYNK team join Swiggy. LYNK is uniquely positioned in the retail distribution space with their brand-first, tech-led operating model and has demonstrated success with multiple FMCG brands. Our experience in supply chain and logistics gives Swiggy the unique opportunity to help LYNK scale up their offerings and empower retailers to serve their customers better, ” Sriharsha Majety, Swiggy CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US