Tata Digital names ex-Amazon India exec Amit Nanda as BigBasket CEO; Hari Menon exits
Co-founder Hari Menon steps down as BigBasket CEO with Tata Digital installing former Amazon India leader Amit Nanda. The reset comes as the grocery platform contends with revenue down 2.7% to ₹7,673 crore and losses widening 46% to ₹1,850 crore amid quick commerce pressure.
Tata Digital appoints former Amazon India executive Amit Nanda as BigBasket CEO, replacing co-founder Hari Menon, as the grocery platform battles slowing growth, widening losses, and intensifying quick commerce competition.