Overview
- BigBasket confirmed on June 16, 2026 that Amit Nanda will be CEO while cofounders Hari Menon and Vipul Parekh step back from day‑to‑day roles to remain on the board and mentor the team.
- Nanda spent more than a decade at Amazon and has over 20 years of experience across e‑commerce, consumer goods and banking, a background the company says suits its marketplace, technology and private‑brand needs.
- The leadership change follows Supermarket Grocery Supplies’ FY25 results that showed a 42% jump in net loss to ₹2,006.8 crore and a 2% decline in operating revenue, creating pressure for a faster turnaround.
- BigBasket is tasking the new CEO with accelerating quick‑commerce expansion, growing private‑label sales and strengthening digital commerce execution to better compete with Blinkit, Zepto, Instamart and Amazon’s quick‑delivery efforts.
- Investors, employees and customers should watch for tighter operational execution and margin moves as BigBasket implements changes, and for the company’s FY26 results as the first public test of Nanda’s strategy.