Swiggy transfers food brands The Bowl Company, Homely to Kouzina

Swiggy has entered into a strategic agreement with food service platform Kouzina to exclusively licence its digital-first food brands, according to an exchange filing on Tuesday. Kouzina will manage end-to-end operations, innovation, and growth for Swiggy’s The Bowl Company, Homely, Soul Rasa and Istah. Upon fulfillment of certain pre-agreed conditions, the listed food aggregator will transfer full ownership of these brands to Kouzina.

“Under Kouzina, we’ll scale these brands even faster, expanding into new markets through our asset-light expansion…