India, Sept. 2 -- Update | Sept 02, 18:00 IST

BigBasket CEO and cofounder Hari Menon refuted the report that said that the online grocery retailer was looking to hire a new CEO.

In a social media post on LinkedIn, Menon said, "Contrary to some media reports, there are no plans to hire a new CEO for bigbasket, and no formal search process has been initiated for such a role. We are fully focused on maintaining stability, innovation, and growth in the business."

Menon also clarified that BigBasket's founding team was not bound by any exit timelines.

"There have been no discussions with the Board about succession planning, and our current leadership structure remains intact," he added.

Original | Sept 02, 11:07 IST

Tata Group-owned BigB...