Naveen Tahilyani, who is currently the CEO and Managing Director of Tata AIA Life Insurance Company, will be the new chief executive and will replace Pal on February 19.
Subramanian was formerly travel firm Cleartrip s head before joining Tata Digital in November 2021. He is considering setting up his own venture but it is not finalised yet.
Bigbasket B2c Arm Losses: The continued losses for the nearly 13-year-old firm come as it faces intensified competition in both grocery delivery as well as relatively new verticals like quick commerce.