StartupsInc42about 3 hours ago
BigBasket Founders Step Down, TruNativ Bags $30 Mn & More
6 min read
BigBasket cofounders Hari Menon and Vipul Parekh stepped down from daily operations. Ex-Amazon executive Amit Nanda becomes the new CEO. The company's FY25 net losses widened 42% YoY to ₹2,006 Cr, while operating revenue contracted 2% YoY to ₹9,866.7 Cr.
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