He will take the position vacated Nachiket Pantvaidyawho left the organization in May of this year.
Kumar has over 20 years of experience in business strategy, M&A, operations and investments in technology and media.
Prior to Balaji, Kumar served as chief operating officer and general partner in Jupiter Capitalone of the oldest homegrown private equity funds in India, overseeing the group’s new funds.
“We are happy that Abhishek as a group Executive Director and we are sure that he is the right person who can lead Balaji to the next stage of growth and value creation,” said Shobha Kapoor, managing director of Balaji Telefilms. “He is a seasoned leader with a stellar reputation as a leader. Indian media sector is undergoing massive change that also creates huge opportunities for us at Balaji and Abhishek along with the rest of the team will lead the effort to seize these opportunities and create value for all of our stakeholders.”
“I believe that content will continue to be a key and exciting space regardless of the platform and the value attributed to content creators. Hence, at Balaji, I believe that I can make a significant contribution through my experience in business strategy, M&A, operations and investments in technology and media,” said Kumar.
Prior to Jupiter Capital, he led the venture capital network at the Rainforest Venture Network as a managing partner, and was an advisor and partner to several family offices on technology and consumer investment.
He also led Snapdeal.com’s scaling and growth strategy through more than 20 mergers, acquisitions, investments and joint ventures across logistics, technology and retail.
He also led investments in fintech, consumer internet, major technology platforms for digital commerce, advertising technology and e-commerce tools, and launched three TV channels and several digital properties.
He started his career as a journalist for
after which he joined Network18 Media as VP of New Ventures and.