Swiggy acquires LYNK to foray into food & grocery retail market
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Foodtech decacorn Swiggy has acquired FMCG retail distribution company LYNK Logistics Ltd to enter the food and grocery retail market. Post the acquisition, LYNK will continue to operate as an independent business and will be led by the cofounder and chief executive officer, Shekhar Bhende. Post the acquisition, LYNK will continue to operate as an independent business.