Swiggy To Transfer Ownership Of Digital-First Food Brands To Kouzina

Under this deal, Kouzina will manage all aspects of these brands, including operations, innovation, and nationwide expansion

After meeting certain pre-agreed conditions, Swiggy will transfer full ownership of these brands to Kouzina

With this move, Swiggy seems to be exiting the private label business by licensing these brands to Kouzina amidst heat from restaurant body on private label issue

Foodtech major Swiggy has entered into a strategic agreement with…