Swiggy Shares Rise After Nandita Sinha Takes Instamart Helm

Swiggy's shares went up by 7.3% on July 29 because they appointed Nandita Sinha, who used to be the CEO of Myntra, to lead their quick delivery service called Instamart.

This is the third day in a row that Swiggy's shares have gone up.

Nandita will start her new job on August 3.

People who invest in Swiggy are feeling more positive because of this change and because another company, Zepto, is planning to go public with a lower value than before.

This might mean that Swiggy and other similar companies will have less competition and can focus on making more money.

Nandita has a lot of experience in online shopping and is known for making Myntra successful.

She thinks Instamart has a lot of opportunities to grow and will focus on making customers happy.