BigBasket cofounders Hari Menon and Vipul Parekh have stepped down from daily operations, marking a leadership change at the quick commerce giant. Amit Nanda, a former Amazon India executive, has taken over as CEO. The transition was announced this week, signaling a shift from founder-led management to institutional corporate leadership under Tata, BigBasket’s owner, according to inc42.com.
The leadership change completes a structural shift at BigBasket, with Menon and Parekh moving to the board. Nanda brings over a decade of experience from Amazon India, where he worked across marketplace, product, technology, and private brands. His immediate mandate is to regain lost market share and improve margins amid intensifying competition from rivals such as Blinkit, Zepto, and Instamart, inc42.com reported.
This transition reflects BigBasket’s strategy to evolve beyond founder-driven growth toward execution at scale. The company faces operational pressures as quick commerce rivals reshape urban consumer habits. Nanda’s ecommerce expertise is expected to help BigBasket sharpen its focus on quick commerce, private labels, and broader digital commerce segments, positioning it to compete more effectively in a crowded market, according to inc42.com.
The leadership change at BigBasket comes as the company prepares for a new growth phase under Tata’s ownership. Amit Nanda’s appointment as CEO was confirmed this week, marking the first time BigBasket operates without its founding leadership at the helm, per inc42.com.