Tata installs ex-Amazon's Amit Nanda as BigBasket CEO amid quick commerce squeeze
Tata Digital replaces BigBasket co-founder Hari Menon with former Amazon India executive Amit Nanda as the grocery platform's FY25 losses widened 46% to ₹1,850 crore on revenue of ₹7,673 crore, down 2.7%. The reset comes as Blinkit, Zepto and Swiggy Instamart accelerate share gains in 10-minute grocery.
Tata Digital appoints ex-Amazon India executive Amit Nanda as BigBasket CEO, replacing co-founder Hari Menon, as the grocery platform battles slowing growth, FY25 losses of ₹1,850 crore, and rising quick-commerce competition from Blinkit, Zepto and Instamart.