Nachiket Pantvaidya has been appointed chief operations officer (COO) of India’s Balaji Group, after two years establishing over-the-top (OTT) video platform ALTBalaji.
Pantvaidya (pictured) will remain CEO of ALTBalaji, which launched in April 2017.“Nachiket joined ALTBalaji nearly two years ago and has successfully created a strong and valuable B2C brand at ALTBalaji. He brings strong leadership and management skills and will now work closely with the television and movies business to help transform the company as we now work to reach Indians globally across multiple screen formats,” said Shoba Kapoor, managing director, Balaji Telefilms.
“We look forward to bringing together all our collective strengths and expertise to create value for our shareholders.”
ALTBalaji has been ranked as the third highest video streaming app by revenue in the latest App Annie survey, with 8.9 million downloads, according to the company.
