New Delhi, June 26 -- The Chief Executive Officer (CEO) and co-founder of the Tata Digital-backed BigBasket Hari Menon after stepping down said he initially dismissed quick commerce saying the company had to rethink its business after consumers rapidly embraced 10-minute grocery delivery.
In a farewell post on LinkedIn, called the rise of quick commerce the biggest disruption the company had faced.
"I've said it before and I'll say it again, I was in denial with the idea of QC. If you'd asked 100 people back then whether they wanted groceries in 10 mins... most of them would've said no. But the moment we gave it to our customers, they lapped it up," he wrote.
Former Amazon executive Amit Nanda taking over the top role.
However, Menon an...