BigBasket, India’s largest online grocery platform, was co-founded in 2011 by Hari Menon and four partners in Bangalore. Now a subsidiary of the Tata Group following a $1.2 billion majority acquisition in 2021, BigBasket serves millions of customers across 30+ Indian cities with next-day and quick-commerce delivery through its BB Now service. BigBasket CEO Hari Menon leads a workforce of over 22,000 employees and oversees annual revenues exceeding ₹10,000 crore (~$1.2 billion). A serial entrepreneur who previously built Fabmart and Fabmall, Menon has steered BigBasket through fierce competition from Blinkit, Zepto, Swiggy Instamart, and JioMart while expanding into quick commerce under the Tata Digital umbrella.
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Hari Menon – Quick Facts
BigBasket Competitors
BigBasket operates in India’s fiercely competitive online grocery and quick-commerce market. The key competitors of BigBasket include:
- Blinkit (Zomato) – India’s leading quick-commerce platform with ~46% market share and 10–20 minute delivery
- Zepto – Rapid-growth quick-commerce startup with 900+ dark stores across India
- Swiggy Instamart – Swiggy’s quick-commerce vertical commanding ~25% market share
- JioMart (Reliance Retail) – Reliance’s e-commerce grocery arm expanding into quick commerce
- Amazon Fresh – Amazon India’s grocery delivery service
- Flipkart Supermart – Flipkart’s scheduled grocery delivery platform
- DMart Ready – Online ordering arm of Avenue Supermarts (D-Mart)
Hari Menon Net Worth 2026 – BigBasket CEO Salary
As of 2026, Hari Menon’s net worth is estimated at approximately $80–120 million USD, primarily derived from his co-founder equity stake in BigBasket. When Tata Digital acquired a 64% majority stake in BigBasket in 2021, the company was valued at approximately $2 billion. Following subsequent investments totaling over $1 billion from Tata Group, BigBasket’s valuation has risen to approximately ₹22,400 crore (~$2.7 billion). As BigBasket is a private company owned by Tata Digital, exact salary figures for Hari Menon are not publicly disclosed in the same way as listed companies.
BigBasket CEO Compensation Overview
BigBasket Net Worth 2026 – Is BigBasket Profitable?
BigBasket is not yet profitable on a net basis but has been making progress toward profitability. Under Hari Menon’s leadership, the company crossed the ₹10,000 crore revenue mark in FY2024 and reduced losses by over 20% that year. However, FY2025 saw losses widen as the company invested heavily in its quick-commerce pivot through BB Now.
BigBasket Financial Summary (FY2024–FY2025)
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BigBasket CEO Email Address | Hari Menon Contact
Below are the official contact details and social media profiles for BigBasket CEO Hari Menon:
Career & Education – Company, University, & College
Hari Menon’s career spans over three decades in technology, retail, and e-commerce. A serial entrepreneur who has built multiple successful ventures, Menon’s journey from corporate executive to India’s online grocery pioneer is one of the most remarkable startup stories in Indian business. Below is his complete career timeline:
Hari Menon Career Timeline
Hari Menon began his career at Tata Group, where he worked for 14 years across various roles. He then gained experience at TVS Electronics and Wipro Infotech, witnessing firsthand how technology could transform traditional business operations.
In 1999, Menon co-founded Fabmart with V.S. Sudhakar, one of India’s first e-commerce platforms that sold books, CDs, and groceries online. When the dot-com bust made pure e-commerce unsustainable, they pivoted to brick-and-mortar retail with Fabmall, building a chain of grocery stores across South India. In 2006, the Aditya Birla Group acquired Fabmall and rebranded it as “More” supermarkets.
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After a stint running IndiaSkills, a vocational training venture, Menon returned to online grocery in 2011. At the age of 48, he co-founded BigBasket with four partners — Vipul Parekh, V.S. Sudhakar, Abhinay Choudhari, and V.S. Ramesh — determined to build what Fabmart had envisioned but at a time when India’s internet infrastructure was finally ready. BigBasket grew to become India’s largest online grocery platform, eventually attracting Tata Group’s acquisition in 2021.
Education
Hari Menon Wiki – Age, Wife, Family, & More
BigBasket CEO Hari Menon (age ~63) was born in 1963 in Bandra West, Mumbai, into a middle-class Malayali family. A passionate entrepreneur with a never-give-up attitude, Menon is known for his belief that understanding the Indian consumer’s shopping habits is the key to building successful retail businesses.
Hari Menon is married to Shanti Menon, the founder of Deen’s Academy, a progressive school in Bangalore. Shanti is the daughter of E. Sreedharan, widely known as the “Metro Man of India” for his role in building the Delhi Metro and Konkan Railway. The family is based in Bangalore.
Notable Achievements & Recognitions
- Serial Entrepreneur – Co-founded Fabmart (1999), Fabmall, IndiaSkills, and BigBasket (2011)
- India’s Largest Online Grocer – Built BigBasket into a $2+ billion platform serving 30+ cities
- Tata Group Acquisition – Led BigBasket through its landmark acquisition by Tata Digital in 2021
- $943M+ in Funding – Raised investment from Alibaba, Sands Capital, Abraaj Group, and Tata Group
- Quick-Commerce Pioneer – Launched BB Now for 15–30 minute grocery delivery across Indian metros
- IPO Roadmap – Announced plans to take BigBasket public within 18–24 months (as of early 2025)
Menon is frequently invited to speak at leading industry forums and startup events in India. He credits the failure of Fabmart as the learning experience that ultimately made BigBasket’s success possible.
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About BigBasket
BigBasket (officially Supermarket Grocery Supplies Pvt. Ltd.) is India’s largest online grocery delivery platform, headquartered in Bangalore, Karnataka. Founded in October 2011, the company was acquired by Tata Digital (a subsidiary of Tata Sons) in May 2021. BigBasket offers a wide range of products including:
BigBasket serves over 30 cities across India, with a workforce of 22,000+ employees. The company operates as part of Tata Digital’s “super app” ecosystem alongside Tata Neu and Tata 1mg. With the Tata Group planning to invest $1 billion into the platform, BigBasket is positioning itself as a leading player in India’s rapidly growing quick-commerce market.
Frequently Asked Questions (FAQ)
Who is the CEO of BigBasket?
The CEO of BigBasket is Hari Menon, who co-founded the company in October 2011 alongside Vipul Parekh, V.S. Sudhakar, Abhinay Choudhari, and V.S. Ramesh. Menon continues to lead BigBasket as CEO under Tata Group ownership, having denied succession planning reports in September 2025.
What is Hari Menon’s net worth in 2026?
As of 2026, Hari Menon’s net worth is estimated at $80–120 million USD, primarily based on his co-founder equity stake in BigBasket. The company was valued at approximately $2 billion when Tata Digital acquired a 64% majority stake in 2021, and its valuation has since risen to approximately $2.7 billion.
What is BigBasket CEO’s email address?
BigBasket CEO Hari Menon’s email address is [email protected]. He can also be reached on Twitter/X at @harimenon_bb. For customer support, contact 1860 123 1000 or email [email protected].
Who owns BigBasket?
Tata Digital, a subsidiary of Tata Sons Private Limited, owns a majority stake (~64%) in BigBasket. The acquisition was completed in May 2021 at a valuation of approximately $2 billion. The co-founders, including Hari Menon, retain minority stakes and continue in their leadership roles.
What did Hari Menon do before BigBasket?
Before founding BigBasket, Hari Menon spent 14 years at the Tata Group, followed by roles at TVS Electronics and Wipro Infotech. He co-founded Fabmart (1999), India’s first online store, which evolved into Fabmall, a grocery retail chain acquired by Aditya Birla Group in 2006 and rebranded as “More” supermarkets.
Is BigBasket a profitable company?
BigBasket is not yet profitable on a net basis. In FY2024, the company reported revenue of ₹10,062 crore (~$1.2 billion) and reduced its net loss by 20.7% to ₹1,415 crore. However, FY2025 losses widened to ₹2,007 crore as the company invested in its quick-commerce pivot. The Tata Group is investing $1 billion to accelerate BigBasket’s path to profitability and a potential IPO.
Article last updated:February 2026March 2, 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including corporate filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source. BigBasket is a private company and does not publicly disclose individual executive compensation.