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BigBasket appoints former Amazon executive Amit Nanda as CEO
ETRetail··17 Jun
ETRetail reported that Tata-backed BigBasket appointed former Amazon India executive Amit Nanda as CEO. Co-founder Hari Menon will remain closely associated as mentor and board member alongside co-founder Vipul Parekh.
Prism
What It Means For You
- BigBasket may push harder on quick-commerce delivery and product range.
- Leadership continuity remains because Hari Menon stays on as mentor and board member.
- Competition with Blinkit, Zepto and Instamart could intensify.
What's Happening
- Amit Nanda has been appointed BigBasket CEO.
- He spent more than 11 years at Amazon.
- BigBasket is a Tata Enterprise serving more than 25 million customers.
Company Scale
- BigBasket operates in over 60 cities.
- It has more than 900 dark stores.
- It sells over 30,000 products across grocery, produce, medicines, electronics and beauty.
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