Tata-owned quick commerce platform BigBasket announces a leadership change as co-founder and CEO Hari Menon steps down from the top executive role. The company says Menon will transition to a mentorship and board role, alongside co-founder Vipul Parekh, who will also continue serving on the board.
BigBasket appoints Amit Nanda, described as an Amazon veteran, as its new CEO. Nanda previously works at Amazon India as Director of Selling Partner Services, overseeing the third-party marketplace ecosystem, and has spent about 11 years at the company. BigBasket and reporting outlets describe Nanda as having more than two decades of experience across e-commerce and consumer-related businesses, with earlier leadership roles at Hindustan Unilever and Citibank.
According to the company’s statements, Nanda’s mandate is to lead the next phase of growth, with a focus on strengthening BigBasket’s position in India’s highly competitive quick commerce market and accelerating innovation across its businesses. The change is also framed by the Tata Group’s goal of sharpening BigBasket’s positioning in the fast-moving quick commerce sector.