Swiggy Rejects Report Claiming Instamart Losing Market Share To Zepto

Swiggy has rejected the market share figures reported by a media publication citing an internal memo from HSBC

“We have received a confirmation from Redseer confirming that (i) no data or analysis has been shared by Redseer with HSBC or with MoneyControl in relation to the article”

Swiggy described the data cited by competitor Zepto as baseless and unreliable

Swiggy has rejected the market share figures reported by a media publication citing an internal memo from HSBC which cited data from Redseer and Zepto.

“The…