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Today's Brief/Wednesday, 17 June 2026/๐Ÿš€ Business & Startups
๐Ÿš€ Business & Startups๐Ÿ‡ฎ๐Ÿ‡ณ 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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