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Tata installs ex-Amazon's Amit Nanda as BigBasket CEO amid quick commerce squeeze
Our read
Nanda's Amazon-honed playbook must compress dark-store economics fast, because a 46% loss expansion on shrinking revenue signals BigBasket's scheduled-delivery model is bleeding share to 10-minute rivals daily.
The report,
Tata Digital appoints ex-Amazon India executive Amit Nanda as BigBasket CEO, replacing co-founder Hari Menon, as the grocery platform battles slowing growth, FY25 losses of ₹1,850 crore, and rising quick-commerce competition from Blinkit, Zepto and Instamart.
Who and when
From the report. Source details below
- revenue ₹7,673 crore
- revenue decline 2.7%
- loss growth 46% YoY
Why the change matters
The leadership reset opens a narrow window for partnership or consolidation conversations, as Tata likely needs external capability or scale to close the gap with Blinkit, Zepto, and Instamart before share losses compound.