Swiggy Transfers Food Brand Ownership to Kouzina, Awarding Exclusive Scaling Rights

Swiggy Ltd has made a strategic business transfer, transferring ownership of its food brands to Kouzina, a top cloud kitchen operator. The transaction awards Kouzina an exclusive right to scale Swiggy's food brands, bolstering its growth strategy in the quick-service restaurant (QSR) and cloud kitchen space. Here's a comprehensive breakdown:

 

Business Transfer Agreement

Exclusive License for Kouzina

Impact on Swiggy's Business Model

Market Growth & Expansion Strategy

Industry Impact & Future Outlook

Sources: Swiggy Business Transfer Agreement, Swiggy Investor Relations, Swiggy Reports & Publications