Swiggy set to sell Lynk to Udaan; Trilegal advises

M&A / JV 14 Sept 2026· ₹500 cr · Announced· ◔ Reported

Swiggy Networks Limited is set to sell its entire shareholding in Lynks Logistics Limited to Trustroot Internet Private Limited (Udaan) in exchange for 2.8% stake in Udaan. Trilegal is advising Swiggy Networks and Lynk on this share-swap transaction. The firm is also advising Swiggy on business transfer of its B2B distribution vertical to Lynk, prior to consummation of the swap. The transaction was led by Gautam Singh (Partner) and Mitali Halbe (Partner), with support from Nandita Bhakta (Counsel), Soham Munshi (Senior Associate), Akshay Vaddagiri (Senior Associate), Associates Kim Shah and Sanjeesha Agarwal.

CounselTrilegal
SectorTechnology
Value₹500 cr

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