Thursday, 5 March, 2026
Swiggy Denies Losing Instamart Market Share to Rival
By Isha
Swiggy strongly disputed a media report claiming its quick-commerce unit, Instamart, was losing market share to a competitor like Zepto. In a regulatory filing, Swiggy called the figures "baseless and unreliable," stating the data was incorrectly attributed to a research firm that denied providing it. The company advised investors to rely only on its official disclosures.
Read full story at Economic Times