India's Bigbasket names former Amazon veteran Amit Nanda as CEO

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BANGALORE, June 16 - Indian online grocery retailer Bigbasket on Tuesday appointed Amit Nanda as its CEO, replacing co-founder Hari Menon, who will continue to serve on the board.


Here are some details:

  • Nanda will join the Tata-backed grocery giant after more than 11 years at Amazon India, where he held several leadership roles.

  • Bigbasket said Nanda will lead its next phase of growth, including strengthening its position in quick commerce.

  • Earlier this month, the company appointed insider Seshu Kumar Tirumala as its Chief Operating Officer.

  • The move comes as India's fast-growing quick-commerce sector has become an $11.5 billion market within five years, with players such as Swiggy's Instamart SWIG.NS, Eternal's Blinkit ETEA.NS, Amazon's Now AMZN.O, Walmart WMT.O-backed Flipkart's Minutes, Reliance's JioMart RELI.NS and Zepto.

  • Last year, Bigbasket said it planned to roll out its 10-minute food delivery services nationwide by the end of fiscal 2026.


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