Sellwin Traders Ltd — Important, 17-01-2026: Company Update

Sellwin Traders has signed a Memorandum of Understanding with Myzek Logistics, known by its brand "Dropon," an app-based last-mile logistics company. Dropon boasts over 68,000 registered users, 5.03 lakh+ delivered orders, and projects ₹8.50 Cr revenue for FY26. Sellwin aims for a strategic investment, proposing an initial equity stake of up to 20%, potentially increasing to 25%. Sellwin may also provide up to ₹5 Cr for Dropon's business expansion. This move allows Sellwin, as an investment-oriented company, to tap into the growth of the burgeoning last-mile delivery market, subject to due diligence and definitive agreements.