BigBasket cofounder Menon exits CEO role; Amazon veteran Amit Nanda inherits Tata's quick commerce fight
Tata Digital replaces BigBasket cofounder Hari Menon with Amazon alum Amit Nanda as the grocery platform scrambles to defend share against Blinkit, Instamart and Zepto. Tata holds a 64.3% stake in the unit last valued at $3.2 billion, with a $200 million raise in play.
Tata-owned BigBasket cofounder Hari Menon steps down as CEO; Amazon veteran Amit Nanda takes over. Move signals Tata's push to sharpen BigBasket's positioning in quick commerce against Blinkit, Instamart and Zepto.