Swiggy acquires hyperlocal logistics platform LYNK yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
With the acquisition Swiggy will look to strengthen its hold in India’s fast-growing food and grocery retail market, which is estimated to be over $570 billion in size as per Avendus.
With the acquisition, Swiggy enters India’s food and grocery retail market, which is amongst the world’s largest and fastest-growing, estimated to be USD 570 billion in size and expected to grow at 8 per cent year-on-year. Founded in 2014, Swiggy is India’s leading on-demand convenience platform with a vision to elevate the quality of life for the urban consumer by offering unparalleled convenience., Companies News, Times Now