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Trustroot Internet acquires Lynks Logistics from Swiggy

PRIVATEOct 16, 2026

Acquiring Company

Trustroot Internet Private Limited

Acquired Company

Lynk Logistics

IndiaBengaluruFood and BeverageE CommerceRetailLogisticsB2BRetailSupply Chain ManagementLogistics

Description

Swiggy Limited has finalized the sale of its entire shareholding in Lynks Logistics Limited to Trustroot Internet Private Limited, effective October 15, 2026. This transaction marks the end of Lynks Logistics as a subsidiary of Swiggy. The deal was completed through Swiggy Networks Limited, a wholly owned subsidiary of Swiggy. The announcement follows a prior intimation regarding the transaction.

Company Information

Company

Trustroot Internet Private Limited

Location

India

About

Swiggy Limited is a food delivery and quick commerce major in India that operates multiple verticals including food delivery, quick commerce, and B2B wholesale distribution through its Lynks Logistics subsidiary. The company is divesting its entire shareholding in Lynks Logistics to Singapore-based Trustroot Internet Private Limited through a $52.35 million share-swap transaction. Swiggy's B2B distribution business generated ₹668 crore in turnover during FY26, accounting for 2.90% of the company's total consolidated revenue.

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Frequently asked

Who acquired Lynk Logistics?

Lynk Logistics was acquired by Trustroot Internet Private Limited, based in India. The deal was reported on October 16, 2026. Swiggy Limited is a food delivery and quick commerce major in India that operates multiple verticals including food delivery, quick commerce, and B2B wholesale distribution through its Lynks Logistics subsidiary. Trustroot Internet Private Limited is privately held and operates in Food and Beverage.

When did Trustroot Internet Private Limited acquire Lynk Logistics?

Trustroot Internet Private Limited's acquisition of Lynk Logistics was reported on October 16, 2026. Swiggy Limited has finalized the sale of its entire shareholding in Lynks Logistics Limited to Trustroot Internet Private Limited, effective October 15, 2026. This transaction marks the end of Lynks Logistics as a subsidiary of Swiggy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lynk Logistics do?

Lynk Logistics is a retail distribution firm that was previously owned by Swiggy. The company specializes in logistics solutions tailored for the retail market. It aims to support businesses in their supply chain and distribution efforts. It is privately held, operating in Retail, and is based in Bengaluru.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.