Balaji Telefilms announced the appointment of Abhishek Kumar as group chief executive officer, according to regulatory filings.

Kumar comes with over two decades of experience in business strategy, M&A, operations, and investing in technology and media. He moves on from Jupiter Capital, wherein he was working as the COO and general partner of the new funds of the group. Before Jupiter Capital, Kumar was running a venture capital network, at Rainforest Venture Network as a managing partner.

Commenting on the appointment of Abhishek, Shobha Kapoor, managing director, Balaji Telefilms, said, “The Indian media sector is undergoing massive change which also creates enormous opportunities for us at Balaji, and Kumar will lead the efforts with the rest of the team, to seize these opportunities and create value for all our stakeholders.”

Abhishek Kumar said, “I am of the view that content will continue to remain a key and exciting space irrespective of the platform and value is being attributed to creators of content. Hence, at Balaji, I believe that I can add significant value through my experience in business strategy, M&A, operations, and investing in technology and media.”