People · Commerce & Consumer Brands
BigBasket CEO succession rumours denied by company
By Startup Enthusiast ·

- Date
- Company
- BigBasket
- What it does
- Online grocery and quick commerce
- Kind
- People
- Stage
- growth
What they do
BigBasket is an online grocery platform that also offers 10-minute delivery through BB Now
What happened
CEO Hari Menon's five-year term post-Tata acquisition is ending, but the company says no succession plan exists
Why it matters
The denial comes as Tata Digital appointed a new CEO and BigBasket faces intense quick commerce competition
The details
- BigBasket CEO Hari Menon's five-year term after the Tata acquisition is nearing completion.
- Discussions about succession planning have reportedly started within the company.
- Hari Menon has denied any succession planning or search for a new CEO.
- BigBasket issued an official statement saying founders are not bound by exit timelines and their commitment is unwavering.
- The statement added that no succession plans have been discussed with the board and no new CEO will be appointed.
- Tata Digital appointed Sajith Sivanandan (ex-Jio Mobile Digital Services) as its CEO effective September 1, 2025.
- Sajith Sivanandan is the third CEO of Tata Digital since the launch of Tata Neu in 2019.
- Previous Tata Digital CEO Naveen Tahilyani resigned in May 2025 after 15 months; founding CEO Pratik Pal stepped down in February 2024.
The bigger picture
- BigBasket was an early mover in online grocery but was slow to adopt rapid delivery, allowing rivals to gain ground.
- Quick commerce competitors include Blinkit, Swiggy Instamart, and Zepto.
- Tata Digital is reworking the BigBasket app to become a multi-category platform, not just grocery-first.
- BigBasket has pivoted to quick commerce with its 10-minute delivery service BB Now.
About the business
- BigBasket operates two main units: B2C arm Innovative Retail Concepts and B2B arm Supermarket Grocery Supplies.
- FY25 revenue for Innovative Retail Concepts was Rs 7,673 crore (down 3% year-on-year).
- FY25 revenue for Supermarket Grocery Supplies was Rs 2,227 crore (down 7% year-on-year).
- FY25 losses for Innovative Retail Concepts were Rs 1,851 crore, up from Rs 1,267 crore the previous year.
- BigBasket has 30 million customers and is growing by about 1 million per month.
- It operates 700 dark stores and plans to increase to 900 by the end of 2025.
- The company has pivoted to quick commerce with its 10-minute delivery service BB Now.
- Tata Digital is reworking the BigBasket app to become a multi-category platform.
What happens next
- BigBasket plans to increase its dark store count to 900 by the end of 2025.
- Tata Digital is reworking the BigBasket app to become a multi-category platform.
Founders
- Hari Menon, CEO
- Vipul Parekh, Finance & Marketing
- VS Sudhakar, Co-founder
- Abhinay Choudhari, Co-founder
- VS Ramesh, Logistics & Supply Chain
Other articles talking about it
More on BigBasket
- BigBasket co-founder Hari Menon retires30 September 2026 · People
- BigBasket FY26 loss widens 59% to Rs 3,192 crore22 September 2026 · Results
- Karnataka suspends BigBasket food licence over datura listings25 August 2026 · Policy
- BigBasket losses jump 66% in FY2628 July 2026 · Results
- BigBasket weekly active users hit 22.4 million9 July 2026 · Results
- BigBasket launches bbinstant smart stores in Kolkata22 June 2026 · Launch
- BigBasket names Amit Nanda CEO as Menon steps down16 June 2026 · People
- BigBasket cofounders step down as ex-Amazon exec takes over16 June 2026 · Roundup