BigBasket Cofounders Menon, Parekh Exit Executive Roles as Tata Names Ex-Amazon Exec CEO

Hari Menon and Vipul Parekh transition to board/mentor seats as Tata Digital installs Amit Nanda to steer quick commerce and private label push. Move follows a 42% jump in FY25 net loss to ₹2,006.8 Cr and a 2% revenue dip to ₹9,866.7 Cr, with Blinkit, Zepto and Instamart squeezing share.

— Filed Tue, 16 Jun, 2026, 18:56 IST · Source Inc42 · Updated

BigBasket cofounders Hari Menon and Vipul Parekh stepped down from operational roles, transitioning to board/mentor positions. Tata Digital appointed ex-Amazon India executive Amit Nanda as CEO to drive quick commerce and private label growth amid mounting losses.

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