BigBasket eyes profitability in 12-15 months as Menon hands CEO baton to Amazon's Nanda
Tata-owned BigBasket is undergoing a leadership reset, with cofounder Hari Menon stepping down as CEO in favour of Amazon veteran Amit Nanda. The platform is targeting profitability within 12-15 months by tightening store-level economics, scaling beyond 1,000 dark stores, and deepening subscription play via BB Daily.
BigBasket cofounder Hari Menon steps down as CEO, handing over to Amazon veteran Amit Nanda. Tata-owned qcom platform targets profitability in 12-15 months, prioritising store-level economics, scaling to 1,000+ stores, and expanding subscription models like BB Daily.
Also reported by
- Business Standard · Companies — 1h after first sighting