As Hari Menon steps down as CEO, BigBasket shifts focus from market share to profitability, targeting break-even within 12-15 months
BigBasket co-founder Hari Menon will continue on the board and mentor the leadership team, while former Amazon executive Amit Nanda leads the company's next growth phase
BigBasket appoints long-time executive Seshu Kumar Tirumala as COO to strengthen operations and drive growth across its quick commerce business
Tata Group-owned online grocery platform bigbasket on Thursday announced the elevation of Seshu Kumar Tirumala as its Chief Operating Officer (COO). In his new role, Seshu will lead Operations and play a key role in driving execution as bigbasket continues to strengthen its quick commerce business and scale for the future, the company stated. He has been associated with bigbasket since 2014, beginning as National Head - Buying & Merchandising and later rising to Chief Buying and Merchandising Officer. "Seshu has played an important role in building many of the capabilities that have shaped bigbasket's growth over the years, from our private label business to our farmer sourcing network. His deep understanding of the business and strong track record of execution make him well suited for this role," Hari Menon, Founder & CEO, bigbasket, said. Seshu said: "My focus will be on strengthening the systems that power our farm-to-customer journey, enhancing execution across our ...
Tata-owned platform continues third year of association with Royal Challengers Bengaluru, expanding digital engagement and fan experiences during the 2026 T20 League
Quick commerce platforms are witnessing higher demand for ready-to-eat foods as LPG supply issues and labour shifts push urban households towards convenient meal solutions
As quick-commerce drops the 10-minute promise, India still leads the world in q-commerce firms, even as funding cycles and productivity trends shift
While the company's overall sales are growing at 5 per cent M-o-M, its customer count is growing at nearly 6-7 per cent
The government on Thursday said 26 leading e-commerce companies have self-declared that their platforms are free from dark patterns. Zepto, Zomato, Swiggy, Jiomart and BigBasket are among these 26 e-commerce platforms. This is a significant step towards protecting consumer interest in the digital marketplace, the Department of Consumer Affairs said in a statement. As many as 26 leading e-commerce platforms have voluntarily submitted self-declaration letters confirming compliance with the Guidelines for Prevention and Regulation of Dark Patterns, 2023, it added. The Department has been making efforts to curb deceptive online design practices that mislead or manipulate consumers. These 26 e-commerce players have conducted internal self-audits or third-party audits to identify, assess and eliminate any presence of dark patterns. "All 26 companies have declared that their platforms are free from dark patterns and do not deploy any manipulative user interface designs," the statement .
Along with BigBasket, other q-com platforms such as Instamart, Zepto, and Flipkart Minutes also registered a significant increase in sales compared to last year
While the sales of electronics, including iPhones, surged 500 per cent, gold and silver coins reported a staggering 1000 per cent rise compared to last year
Flipkart, Amazon and Bigbasket reported record festive sales of iPhones and premium devices, with fast deliveries and GST reforms boosting growth in metros and Tier-II cities
Flipkart Minutes expands to 19 cities for TBBD 2025 with 10-minute deliveries while Tata-backed Bigbasket marks iPhone 17 launch with record-breaking instant delivery
BigBasket Chief Executive Officer (CEO) Hari Menon said there was no plan to hire a CEO for the grocery e-tailer and no search had been initiated
Hari Menon dismissed reports of succession planning at Bigbasket, ruling out a CEO hire and stressing that founders have no contractual timeline to step away from management roles
Parekh also added that when compared to competition, the firm's cash burn is the lowest. However, he did not share the exact figure
The writer steps into a Big Basket dark store, and unlocks the secret that makes your quick commerce app the modern technological equivalent of Alladin's djinn
Tata Sons will invest $400 million in Tata Digital, using dividend income from TCS. The funding aims to support the struggling digital arm, which includes BigBasket, Tata 1mg, and Tata Cliq
A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services
A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services