Key facts
- Hari Menon, co-founder and CEO of BigBasket, has stepped down.
- Amit Nanda, formerly director of selling partner services at Amazon, is the new CEO.
- Menon stated Nanda's experience makes him well-suited to lead BigBasket.
- Nanda aims to drive growth in quick commerce and accelerate innovation.
Hari Menon, co-founder and CEO of the Tata-owned e-grocery firm BigBasket, has stepped down from his leadership role. The company announced on Tuesday that Amit Nanda, an Amazon veteran who previously served as director of selling partner services at the e-commerce giant, will take over as the new chief executive.
Menon, who has led BigBasket since its inception, expressed his confidence in Nanda's ability to guide the company's future growth. "His deep understanding of consumers, strong track record of building and scaling businesses, and extensive experience across e-commerce and consumer sectors make him uniquely positioned to lead BigBasket for its journey ahead," Menon stated.
Nanda is expected to focus on strengthening BigBasket's position in quick commerce and accelerating innovation across its various business segments. He remarked, "Combining BigBasket’s customer-first values with the trusted legacy of the Tata Group creates a strong foundation for the future. I look forward to partnering closely with Hari and the entire leadership team to drive our shared vision and capture the massive growth opportunities before us."