Tata-owned BigBasket has elevated former Chief Buying and Merchandising Officer Seshu Kumar Tirumala to COO, sharpening operational execution as it trails Blinkit, Instamart and Zepto in quick commerce. Private label now drives 40% of sales, but BigBasket holds only mid-single-digit q-comm share.

The Hindu BusinessLine · 6/4/2026, 2:19:45 PM

Decade-long BigBasket veteran Seshu Kumar Tirumala takes over as COO, bringing the architect of the private label engine (now ~40% of sales) and direct farmer sourcing into operational command across 850 dark stores and 60+ cities.

Business Standard · Companies · 6/4/2026, 2:11:58 PM

Tata-owned BigBasket has promoted Seshu Kumar Tirumala, formerly Chief Buying and Merchandising Officer, to Chief Operating Officer. The 2014 veteran will own operations and execution as the grocery platform scales its quick commerce business against Blinkit, Zepto and Instamart.

Business Standard · Companies · 6/4/2026, 10:17:21 AM

Tata-owned bigbasket has promoted Seshu Kumar Tirumala, a 2014 veteran who built its buying and merchandising muscle, to Chief Operating Officer. He will steer operations as the platform scales quick commerce and tightens its farm-to-customer execution against Blinkit, Zepto and Instamart.

The Hindu BusinessLine · 6/4/2026, 9:18:42 AM

Noel Tata's daughter Maya Tata is reportedly set to move out of Tata Digital as the holding entity for Tata Neu, BigBasket, 1mg, Croma and Tata CLiQ undergoes restructuring. The review follows Tata Neu's scaling challenges since its April 2022 launch.

Moneycontrol · News Web · 6/2/2026, 3:58:38 PM

Life Health Foods' plant-based brand So Good India will headline the Vegan India Conference in Mumbai (June 6-7, 2026), spotlighting its barista oat milk and 10g-protein range. The activation reinforces a café and D2C expansion now spanning 85+ cities and 15,000+ consumer touchpoints.

The Hindu BusinessLine · 6/2/2026, 11:13:57 AM

Amazon India is fusing its Fresh grocery supply chain with Now's quick commerce push, targeting 100 cities and 1,000 micro-fulfilment centres from 20 cities and 350 MFCs today. The goal: close ground on Blinkit (47%), Zepto (24%) and Instamart (22%), with 25% MoM order growth and 70-80% direct sourcing already in play.

Mint · Companies · 6/2/2026, 10:07:00 AM

Noel Tata's daughter Maya may exit Tata Digital — parent of BigBasket, Tata Neu, Croma and 1mg — for a role at Trent, where brother Neville already runs Star Bazaar. The shift comes as Tata Digital absorbs ₹24,000 crore in investment, weighs a ₹7,000 crore equity infusion, and halves Tata Neu's workforce.

Outlook Business · 6/2/2026, 9:13:39 AM

Tata Trusts chairman Noel Tata has questioned Tata Sons' proposed ₹7,000 crore equity injection into Tata Digital, flagging aggressive 45% revenue growth assumptions and ₹9,000 crore in projected cumulative losses over three years. He even queried whether the group should continue owning Tata Cliq, as BigBasket's market share has slipped to 7% from 40% in 2021 amid quick-commerce onslaught.

Outlook Business · 6/2/2026, 9:13:39 AM

Noel Tata's daughter Maya is reportedly weighing an exit from Tata Digital, the Rs 24,000 crore super-app arm housing BigBasket, Croma, Tata 1mg and Tata Neu, as the unit undergoes restructuring. She is exploring positions at Trent or Tata Consumer Products.

Business Today · Latest · 6/2/2026, 6:05:08 AM

Board reviewed a ₹7,000 crore equity infusion into Tata Digital despite ₹9,000 crore in projected losses over three years. Noel Tata flagged aggressive 45% growth assumptions as BigBasket's market share collapsed from ~40% in 2021 to ~7%, squeezed by Zepto, Blinkit and Swiggy Instamart in quick commerce.

CNBC-TV18 · Companies · 6/2/2026, 3:09:43 AM

Noel Tata's daughter Maya may leave Tata Digital amid a brutal restructuring that has halved Tata Neu's headcount and accumulated Rs 24,000 crore in losses. A pivot to Trent or Tata Consumer Products signals where the family is placing its retail bets.

Times of India · Business · 6/1/2026, 7:55:41 PM

Tata Sons chairman's renewal stalls at May 26 board, deferred to June 12, as Tata Trusts seeks five-year strategy, SP Group's 18% exit path and IPO listing answers. BigBasket and Air India losses flagged, leaving retail bets awaiting parent-level resolution.

Outlook Business · 6/1/2026, 5:38:41 AM

Tata Sons chairman N Chandrasekaran's reappointment is on hold after trustee Noel Tata raised concerns over unresolved issues, including losses at BigBasket and Air India, the SP Group exit framework, and the listing question. The board reconvenes June 12 to decide.

Business Today · Latest · 6/1/2026, 2:49:32 AM

Tata Sons reviews Tata Digital amid mounting capital-intensive losses. New CEO Sajith Sivanandan is repositioning Tata Neu from a consumer-facing super-app into loyalty and payments connective tissue across BigBasket, 1mg, Croma and Cliq, after BigBasket ceded quick-commerce share to Blinkit, Zepto and Swiggy Instamart.

Financial Express · BrandWagon · 5/31/2026, 8:13:25 PM

IIT Madras-incubated Impensus Electronics has secured ₹1.6 crore in pre-Series A funding from Keiretsu Forum Chennai and IN44 Capital. Its ethylene-control platform extends shelf life of fruits and vegetables, with deployments via BigBasket, Hyperpure and Zepto suppliers — a quiet but strategic bet on cold-chain economics for India's quick commerce boom.

The Hindu BusinessLine · 5/31/2026, 10:45:22 AM

Instamart now lets shoppers route sub-₹50 free-delivery gaps into Swiggy Money, with 1-year validity. Zepto, Blinkit, BigBasket and Amazon Now are leaning on wallets too, as 62% loyalists and 50%+ users placing 5+ orders/month make stored balances a cheap retention and margin lever.

Mint · Companies · 5/31/2026, 10:19:08 AM

Tata Sons chairman briefed the board on a three-year roadmap to turn around loss-making bets including Tata Digital (BigBasket, Croma) and Air India, which posted a ₹10,859 Cr FY25 loss. Tata Electronics hit consolidated break-even. Noel Tata flagged execution risk; June board to revisit.

Outlook Business · 5/27/2026, 5:59:08 AM

A five-hour May 26 special board meeting reviewed group businesses for Tata Trusts chairman Noel Tata. BigBasket's quick-commerce pivot and Air India's ₹10,859 crore FY25 loss drew tough questions on path to profitability, while Tata Electronics emerged as the standout performer.

Outlook Business · 5/27/2026, 5:32:21 AM

At a rare Tata Sons board session, group CEOs presented directly to Noel Tata. BigBasket and Air India drew course-correction calls; Tata Electronics won praise. Chairman Chandrasekaran's third-term renewal and a potential Tata Sons listing remain unresolved, with Tata Trusts holding its 66% stake.

ET Retail · 5/27/2026, 5:23:30 AM

Chairman N Chandrasekaran has unveiled a three-year roadmap to stem losses across Tata's new businesses, after combined FY26 losses ballooned to Rs 29,000 crore versus an earlier Rs 5,700 crore projection. Noel Tata pressed on BigBasket's thin margins and Croma's profitability path; Air India alone accounts for Rs 26,800 crore of the FY26 drag.

Times of India · Business · 5/26/2026, 10:49:22 PM

Tata Sons board examined capital allocation across loss-making Tata Digital units BigBasket, 1mg and Croma alongside Air India's $2.8B FY26 loss. Group reaffirmed $100B+ commitment to emerging businesses including Tata Electronics, Agratas and Tejas Networks.

The Hindu BusinessLine · 5/26/2026, 3:31:06 PM

Mumbai board meet reviews future of Tata Digital stack — BigBasket, Croma, Tata CLiQ, Tata Neu, 1mg — alongside Air India, with FY26 aggregate losses near Rs 29,000 crore. Rs 24,000 crore already deployed in Tata Digital; Rs 20,000 crore debt repaid against Rs 1.75 lakh crore asset base.

Financial Express · BrandWagon · 5/26/2026, 1:08:02 PM

Zepto's unlisted shares have slumped 25% in three months to Rs 42-43 as the quick commerce major lines up a $1 billion IPO targeted for July at a Rs 40,000-44,000 crore valuation. Investors are reassessing the cash-burn versus profitability trade-off against listed rival Eternal's Blinkit and Swiggy Instamart.

Business Today · Latest · 5/26/2026, 10:39:33 AM

Quick commerce player Zepto plans to publicly file its DRHP in early June, targeting up to $1 billion in a fresh-plus-secondary issue at a $7 billion valuation. Roadshows begin next month with a possible July launch, following SEBI observations on May 10 after its December confidential filing.

The Hindu BusinessLine · 5/25/2026, 11:40:34 AM

Noel Tata's clash with trustees Venu Srinivasan and Vijay Singh over Tata Sons listing and Chandrasekaran's reappointment surfaces just as the group leans on retail arms Air India and BigBasket for its next leg. Tata Trusts holds 66% of Sons; succession optics now shadow capex and brand execution.

The Hindu BusinessLine · 5/25/2026, 1:31:06 AM

CEO Akash Sinha is pivoting Cashfree to SME merchants (+100% YoY) and cross-border (2x revenue) to escape a post-RBI-embargo plateau at ~₹640 Cr. FY25 losses widened to ~₹150 Cr while rival Razorpay scaled to ₹3,783 Cr. A private fundraise is on the table as the PA explores a path back to growth and profitability.

Inc42 · Buzz · 5/23/2026, 8:03:11 AM

CEO Akash Sinha is steering Cashfree toward a ₹1,000 Cr FY26 topline, doubling SME merchants and cross-border revenue while serving Zepto, BigBasket and OpenAI. But FY25 losses widened to ~₹150 Cr as Razorpay's ₹3,783 Cr scale and agentic AI investments squeeze margins across India's 55+ PA licence holders.

Inc42 · 5/23/2026, 8:03:05 AM

Tata Sons chairman faces board on May 26 with roadmap for new-economy units after FY26 losses ballooned to Rs 29,000 crore against Rs 5,700 crore projected. Tata Digital (BigBasket, 1mg, Croma, CLiQ, Neu) has absorbed Rs 24,000 crore; Air India alone is bleeding $3bn this year.

Times of India · Business · 5/22/2026, 1:57:41 AM

Noel Tata is pushing for a roadmap to stem mounting losses across Tata Sons' consumer and aviation bets ahead of Chandrasekaran's reappointment vote. Air India alone is projected to lose ₹28,000 crore in FY26, while Tata Digital (BigBasket, Tata Neu) posted a ₹4,610 crore loss. IPO stance and capital efficiency also on the table.

Outlook Business · 5/21/2026, 3:51:16 PM