LYNK logistics

Chennai, India Founded: 2015 • Age: 11 yrs Acquired By Swiggy
Software solutions for brands and grocery retailers

About LYNK logistics

LYNK logistics is a Retail company based in Chennai (India) founded in 2015 by Abinav Raja and Shekhar Rajan Bhende, and was acquired by Swiggy in July 2023. It operates as a software solutions for brands and grocery retailers. It operates in the Retail and Technology sectors. LYNK logistics has raised $23 million across 2 funding rounds from investors including Swiggy and The Ramco Cements. The company has 230 employees. Its chief executive is Shekhar Rajan Bhende. Its Indian entity Lynks Logistics Limited reported revenue of β‚Ή419 Cr. Its focus areas include In Store Retail Tech, Category specific IT suite, Grocery Stores and Brands Tech. Its competitors include Zenput, Cart.com, AnyMind Group, BigCommerce and Bazaarvoice and 5 more; 10 of its 10 listed competitors have raised funding.

Company details

Founded in 2015 and based in Chennai, India, LYNK Logistics operates in the software sector for retail and brand management. Solutions encompass B2B supply chain tools for Kirana stores, order processing systems, and credit formalization processes. A mobile application is offered on Android and iOS platforms to support these operations across the grocery retail ecosystem.

  • Headquarters Chennai, India
  • Employees 230
  • Founders Abinav Raja, Shekhar Rajan Bhende
  • Stage Acquired
  • Sectors
    Retail
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website lynk.co.in
  • Social LinkedIn X Facebook
  • Acquired by Swiggy (Jul 2023)
  • Legal Name Lynks Logistics Limited
  • Date of Incorporation 18 Dec, 2015
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹419 Cr

    FY 2024 · -14% YoY

  • Net Loss
    -₹1.82 Cr

    FY 2024 · 0% margin

  • EBITDA
    ₹15.40 Cr

    FY 2024 · 4% margin

  • Total Equity Funding
    $23M (USD)

    in 2 rounds

  • Latest Funding Round
    $20M (USD), Series A

    Feb 2019

  • Investors
    Swiggy

    & 1 more

  • Employee Count
    230
  • Acquired by
    Swiggy

    (Jul 2023)

Funding Insights of LYNK logistics

LYNK logistics has successfully raised a total of $23M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $23M
  • Total Rounds 2
  • Last Round Series A β€” $20M
  • First Round $3M

    (Apr 2018)

  • Investors Count 1

All 2 funding rounds of LYNK logistics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2019$20MSeries A–The Ramco Cements
–
Apr 2018$3MSeed–The Ramco Cements
–
Valuation history

2 investors in total: 2 institutional.

Investors in LYNK logistics

LYNK logistics has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Swiggy and The Ramco Cements.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Cement and concrete are manufactured for construction and plastering uses.
1961ramcocements.inChennai, India
Food and grocery items are ordered via an online network.
2014swiggy.comBengaluru, India
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Investor details for LYNK logistics

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Board of directors of Lynks Logistics Limited (LYNK logistics)

Lynks Logistics Limited is the primary company behind LYNK logistics. The board of Lynks Logistics Limited currently have 4 directors; the longest-serving is Lakshmi Nandan Reddy Obul, appointed in 2025. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Lakshmi Nandan Reddy Obul
DIN 06686145
Additional Director05 Sep 20251 yr 1 moLynks Logistics Limited
Rahul Bothra
DIN 08189873
CFO05 Sep 20251 yr 1 moLynks Logistics Limited
Sriharsha Majety
DIN 06680073
Additional Director05 Sep 20251 yr 1 moLynks Logistics Limited
Cauveri Sriram
DIN 11335707
Additional Director31 Oct 202511 moLynks Logistics Limited

People of LYNK logistics

2 people are tracked at LYNK logistics (2 in leadership); the tracked headcount is 230.

NameRoleGroup
Abinav Raja
Co-FounderLeadership
Co-Founder & CEOLeadership
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Financials of LYNK logistics

Figures of Lynks Logistics Limited, the primary company behind LYNK logistics, for FY 2024. Revenue was ₹419 Cr (-14% year on year). Net loss was -₹1.82 Cr (0% margin). EBITDA was ₹15.40 Cr (4% margin). Revenue has grown at a compounded annual rate of +73% over three years and +59% over five years.

  • ₹419 CrRevenue · FY 2024 · -14% YoY
  • -₹1.82 CrNet loss · 0% margin
  • ₹15.40 CrEBITDA · 4% margin
  • ₹224 CrPaid-up capital
  • 230Employees (provident fund records)
  • +73%Revenue CAGR, 3 years
  • +59%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Lynks Logistics Limited are on its company page.

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Detailed financial statements for LYNK logistics

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Timeline of LYNK logistics

4 dated milestones of LYNK logistics across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded LYNK logistics is founded.
  2. Funding First funding round of $3.0M.
  3. Funding Latest funding round, Series A, of $20.0M.
  4. Exit Acquired by Swiggy.

Competitors of LYNK logistics

LYNK logistics has 10 listed competitors in our database, 10 of them funded. They include Zenput, Cart.com, AnyMind Group, BigCommerce and Bazaarvoice, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zenput.com2011San Francisco, United States$43.82M71
Zenput is utilized as an operations execution platform for multi-unit operators.
cart.com2020Austin, United States$735.24M998
Software suite solutions are provided for e-commerce businesses.
anymindgroup.com2016Singapore$79.7M–
Platforms for e-commerce, marketing, and manufacturing are provided.
bigcommerce.com2009Austin, United States$233.45M1,321
SaaS-based software suites for e-commerce operations are provided.
bazaarvoice.com2005Austin, United States$20.43M189
Provider of SaaS based marking solution
usesilo.com2017San Francisco, United States$44M56
Software suite solutions are provided for food distributor businesses.
anscommerce.com2017Gurugram, India$2.52M45
E-commerce solutions and logistics are provided for online businesses.
commerceiq.ai2012Mountain View, United States$195.5M256
AI platform for retail ecommerce management and optimization is provided.
pattern.com2013Lehi, United States$277M166
Software suite solutions are provided for brands and e-commerce businesses.
shopup.org2017Dhaka, Bangladesh$198.12M–
ShopUp is focused on empowering small businesses through technology.
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Detailed competitors of LYNK logistics

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Web traffic of LYNK logistics

The website of LYNK logistics (lynk.co.in) receives about 2.5K visits a month.

  • Monthly visits
    2.5K

    ▼ 54.7% vs previous month

Top companies in Autonomous & In-Store Retail Tech

10 companies that operate in the same segment as LYNK logistics (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Purchase financing solutions are offered to businesses via installment payments.
2019Dubai, Dubai, United Arab EmiratesUSD 837 M–4,683
Point-of-sale financing is facilitated via an online platform for retailers.
2016Los Angeles, California, United StatesUSD 158.63 M–576
App-based bookkeeping solutions are offered for small business management.
2018Bengaluru, Karnataka, IndiaUSD 186.62 MUSD 165.88 K–
POS solutions are provided for retail businesses.
2009San Francisco, California, United StatesUSD 519.75 MUSD 24.19 B6,214
Provider of cloud-based POS software solutions for businesses and service providers
1999San Francisco, California, United StatesUSD 923 M–2,684
Retail intelligence platform is developed for brands and B2B retailers.
2008Bengaluru, Karnataka, IndiaUSD 21.11 MUSD 7.69 M345
Point-of-sale financing is enabled for installment purchases at partnered retailers.
2016Minneapolis, Minnesota, United StatesUSD 17.51 MUSD 450.28 M408
Loyalty management solutions are provided for offline retail stores.
2012San Francisco, California, United StatesUSD 23.1 M–23
Mobile apps enable real-time retail data collection by field teams.
2011Denver, Colorado, United StatesUSD 71 M––
Unified platform for retail and supply chain planning is offered.
2005Helsinki, Uusimaa, FinlandUSD 816.41 MUSD 247.75 M2,302
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Related news about Lynk Logistics

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Articles about LYNK logistics on our blog

Frequently Asked Questions about LYNK logistics

LYNK logistics was founded in 2015 and raised its 1st funding round 3 years after it was founded.

LYNK logistics is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Shekhar Rajan Bhende is the current CEO of LYNK logistics. They have also founded this company.

LYNK logistics is a funded company, having raised a total of $23M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Apr 2018.

LYNK logistics has 230 employees.

The primary company behind LYNK logistics, Lynks Logistics Limited, reported revenue of β‚Ή419 Cr for FY 2024, down 14% year on year.

Founded in 2015 and based in Chennai, India, LYNK Logistics operates in the software sector for retail and brand management. Solutions encompass B2B supply chain tools for Kirana stores, order processing systems, and credit formalization processes. A mobile application is offered on Android and iOS platforms to support these operations across the grocery retail ecosystem.

LYNK logistics's top competitors include CommerceIQ, Bazaarvoice and ShopUp.

LYNK logistics has 2 investors. Key investors include Swiggy, and The Ramco Cements.

LYNK logistics operates through Lynks Logistics Limited.

Yes. LYNK logistics was acquired by Swiggy in July 2023.

The legal entities of LYNK logistics currently have 4 directors, including Lakshmi Nandan Reddy Obul, Rahul Bothra, Sriharsha Majety and others.

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