bigbasket New CEO: Amit Nanda Replaces Co-Founder Hari Menon
bigbasket has a new boss. His name is Amit Nanda. A CEO is the top boss who runs a company. Nanda used to work at Amazon. He takes over from Hari Menon. Menon helped start bigbasket, so he is called a co-founder. bigbasket is India’s big online grocery shop. It is owned by the Tata Group. The news came out on June 16, 2026.
This change matters a lot. bigbasket is fighting hard in quick commerce. Quick commerce means groceries come to your door in just a few minutes.
A co-founder is stepping back. A new leader is stepping in. The timing is key. The grocery delivery fight in India is growing fast.
Who is Amit Nanda?
Amit Nanda has worked for more than 20 years. He has worked in three fields. One is e-commerce, which means buying and selling things online. One is consumer goods, which means everyday products people buy. One is digital banking, which means banking done on phones and computers.
Most recently, he spent 11 years at Amazon India. There he was a Director in a team called Selling Partner Services. A Director is a senior leader. That team helps the sellers who put their products on Amazon.
At Amazon, Nanda led many areas. He ran the marketplace. A marketplace is an online site where many sellers sell to many buyers. He also ran product management, technology, and private brands.
A private brand is also called a private label. It is a shop’s own-name product. For example, a grocer may sell rice or biscuits under its own name. It does not use another company’s name.
Before Amazon, he worked at Hindustan Unilever and Citibank. So his background fits well. bigbasket is part marketplace, part technology, and part its own brand. Nanda has done all three.
What happens to Hari Menon?
Hari Menon is a co-founder of bigbasket. He helped build the company from the start. He is not leaving fully. He will stay on the Board as a mentor. The Board is the group of senior people who watch over a company’s big choices. A mentor is someone who gives advice and guidance.
He will guide the company with Vipul Parekh. Parekh is another co-founder. So the founders are not walking away. They are handing the daily driving seat to a professional leader. This is common as small startups grow into very big companies.
Nanda spoke warmly about the team. “I have deep admiration for the organization Hari and the team have built, particularly its private labels,” he said.
How big is bigbasket today?
bigbasket is one of India’s largest online grocery shops. It is owned by the Tata Group. The Tata Group is one of India’s biggest business families. The company now does much more than groceries. Here are the key numbers, as reported.
| Item | Figure (as reported) |
|---|---|
| Customers served | 25+ million |
| Products on offer | 30,000+ items |
| Cities covered | 60+ (including Tier 2 and Tier 3 towns) |
| Dark stores | 900+ |
| New CEO announced | June 16, 2026 |
A dark store is a small warehouse. It is used only for online orders. Walk-in shoppers cannot enter it. These small stores sit close to customers. So the company can pack and deliver orders quickly. The 900+ dark stores are the backbone of bigbasket’s fast delivery.
Its products now go far beyond food. The list includes groceries, fresh fruit and vegetables, medicines, clothes, electronics, and beauty items.
The quick commerce battle
The biggest reason this change matters is quick commerce. bigbasket runs a fast-delivery service called BB Now. The aim is simple. It wants to get daily items to your home in minutes, not hours or days.
This space is crowded and tough. Rivals like Blinkit, Zepto, and Swiggy Instamart are spending a lot of money. They all want the same customers. Speed, price, and stock all matter. The one who delivers fastest and cheapest often wins the order.
Nanda knows marketplaces, technology, and brands from Amazon. Bringing him in is a clear signal. bigbasket wants to work better and faster as the fight gets harder. This is part of a bigger wave of change in India’s market. It is much like the way Onida charts a comeback in the crowded appliances market by trying a fresh plan against bigger rivals.
FAQ
Who is the new CEO of bigbasket?
Amit Nanda is the new CEO of bigbasket. A CEO is the top boss of a company. He used to work at Amazon India. He has over 20 years of experience. He replaces co-founder Hari Menon.
Did Hari Menon leave bigbasket?
No, he did not fully leave. He steps down as CEO. But he stays on the Board as a mentor. He stays with co-founder Vipul Parekh.
Who owns bigbasket?
bigbasket is owned by the Tata Group. The Tata Group is one of India’s largest business families.
What is BB Now?
BB Now is bigbasket’s quick commerce service. It promises to deliver daily items in minutes. It competes with Blinkit, Zepto, and Swiggy Instamart.
Why it matters (especially for India / founders)
For India, this story shows how the grocery market is changing. People used to buy a whole month of items at once. Now they order small things right away. The brand with the best delivery network and prices will lead. bigbasket is changing its top team to fight for that lead.
For founders, there is a clear lesson. As a company grows, the skills needed at the top can change. Hari Menon built bigbasket as a founder. Now a leader with deep marketplace and operations skills takes the wheel. Operations means the daily work of running a business. Knowing when to bring in such a person, while founders stay as mentors, is a sign of growing up, not failing.
For students and business owners, it is a window into how big companies work. Boards, mentors, dark stores, and private labels are not just hard words. They are the real tools behind a brand you may order from every week.
The takeaway
The new CEO move is about getting ready for the next stage. bigbasket already has 25+ million customers and 900+ dark stores. So it already has size. Nanda’s job is to turn that size into speed and profit in the quick commerce war. The founders are stepping back but staying close. The next year will show if this new leader can keep bigbasket ahead. It is one of India’s most competitive markets.
Source: Entrackr
