<ul data-eligibleForWebStory="false">BigBasket has appointed ex-Vini Cosmetics CFO Manish Bajoria as its new CFO as it formalizes its IPO plans.Bajoria will oversee financial activities during BigBasket's next phase of growth and innovation.BigBasket is focusing on reducing its burn rate and expanding its quick commerce offering, BBNow, aiming for $1.5B in sales in FY25.The company has ventured into the 10-minute food delivery space and plans to expand this service nationwide by the end of FY26.