BigBasket names ex-Amazon's Amit Nanda CEO as Tata grocer slips to 7% quick-commerce share
Tata Digital installs its first external CEO at BigBasket, replacing co-founder Hari Menon. Nanda inherits a distant fourth-place position in 10-minute grocery — 7% share against Blinkit's 46%, Instamart's 27% and Zepto's 21% — and FY25 losses of ₹2,007 cr on ₹9,867 cr revenue.
What happened
BigBasket appoints ex-Amazon India executive Amit Nanda as CEO, replacing co-founder Hari Menon. First external chief for Tata-owned grocer as it trails
Key facts
- 46% Blinkit share
- 27% Swiggy Instamart
- 21% Zepto
- 7% BB Now
- Zepto $7-8bn valuation
- 1,200+ Zepto dark stores
- 1,200 Flipkart Minutes dark stores
- Revenue ₹9,866.7 cr FY25
- Net loss ₹2,006.8 cr (+41.8%)
Why this matters
BigBasket's distant-fourth position and external-CEO reset opens a 12-month window for tuck-in M&A of regional dark-store networks or private-label brands, while Blinkit/Zepto valuations price in dominance Tata can no longer credibly contest organically.
Also reported by
- Mint — Same time