Swiggy bets on affordability to counter new food delivery challengers

Swiggy shares jump 8%, rally 15% in 3 days. What's boosting investor sentiment?

Swiggy's Instamart appoints ex-Myntra CEO Nandita Sinha; stock rallies 15% as Zepto's IPO valuation cuts 65% ($7B→$2.5B). Market consolidates around profitability-first leaders; sector reprices from hypergrowth toward unit economics, signaling tech stack rebalance.