๐ Business & Startups๐ฎ๐ณ India
BigBasket Founders Exit Operations, Amazon India's Amit Nanda Takes Over as CEO
MintยทWednesday, 17 June 2026
BigBasket cofounders Hari Menon and Vipul Parekh have stepped down from day-to-day executive roles and moved into board positions. Tata Digital-owned BigBasket has appointed Amit Nanda, formerly of Amazon India, as its first external CEO, reportedly amid parent Tata Digital's dissatisfaction with the company's financial performance.
Why It Matters
BigBasket is one of India's oldest and largest online grocery platforms. A leadership overhaul at this scale signals a serious push to fix its finances as it battles Blinkit, Swiggy Instamart, and Zepto.
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