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He’ll fill within the place vacated by Nachiket Pantvaidya, who left the organisation in Might this 12 months.
Kumar comes with over 20+ years of expertise in enterprise technique, M&A, operations and investing in expertise and media.
Previous to Balaji, Kumar was serving as COO and common companion at Jupiter Capital, one of many oldest homegrown personal fairness funds in India, overseeing the brand new funds of the group.
“We’re happy to have Abhishek as Group CEO and are assured that he’s the correct particular person to guide Balaji to the following stage of development and worth creation,” mentioned Shobha Kapoor, managing director, Balaji Telefilms. “He’s a seasoned chief with a stellar management fame. The Indian media sector is present process large change which additionally creates huge alternatives for us at Balaji, and Abhishek will lead the efforts with the remainder of the group, to grab these alternatives and create worth for all our stakeholders.”
“I’m of the view that content material will proceed to stay a key and thrilling area regardless of the platform and worth being attributed to creators of content material. Therefore, at Balaji, I consider that I can add important worth by means of my expertise in enterprise technique, M&A, operations and investing in expertise and media,” Kumar mentioned.
Earlier than Jupiter Capital, he was operating a enterprise capital community at Rainforest Enterprise Community as managing companion and was additionally an advisor and companion to a number of household places of work for expertise and shopper investments.
He additionally led the technique for scale and development for Snapdeal.com, executing 20+ M&As, investments and joint ventures throughout logistics, expertise and retail.
He has additionally led investments in fintech, shopper web, core expertise platforms for digital commerce, ad-tech and e-commerce enablers and has launched three tv channels and a number of digital properties.
He started his profession as a Journalist for
, thereafter joined Network18 Media, as VP for brand new ventures and .
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