India, July 7 -- In the run up to formalising its IPO plans, Tata-owned grocery delivery platform BigBasket has appointed ex-Vini Cosmetics CFO Manish Bajoria as its new CFO.

In his new role, Bajoria will be responsible for supervising the company's financial activities as BigBasket enters "its next phase of development and innovation", the company said in a statement.

"We are happy to have Manish on board at a time when BigBasket is growing across many fronts. He brings deep financial experience and a practical understanding of how businesses work on the ground," BigBasket cofounder and CEO Hari Menon said.

Prior to joining the Tata-owned brand, Bajoria was leading the end-to-end financial management of Vini Cosmetics (parent company ...