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Economic Times Tech
Economic Times Tech
6/25/2026
'I was in denial with the idea of quick commerce’: BigBasket’s Hari Menon

'I was in denial with the idea of quick commerce’: BigBasket’s Hari Menon

Short summary

BigBasket founder Hari Menon is stepping down after 15 years as CEO. Initially skeptical of quick commerce, he recognized rapid market adoption of 10-minute delivery services. New CEO Amit Nanda will navigate intensified competition through quality focus and private labels.

  • Hari Menon stepping down as BigBasket CEO after 15 years
  • Market forced reckoning: quick commerce adoption proved more rapid than founder expected
  • Leadership transition aims to compete via quality differentiation and private labels

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