Seventymm.com, movie rental company in India, announced the appointment of Mudit Khosla as its new chief executive officer. Khosla, in his new role, will be responsible for developing and executing company’s long term growth strategies, launching new initiatives and developing new earning opportunities, thereby capitalising on the Rs 100 crores fund raised from Matrix Partners India, Draper Fisher Jurvetson and NEA Indo-US Ventures.
He will be reporting to the board of directors of Seventymm.com. On his appointment, Khosla, said, “I feel privileged to join this exciting and dynamic team and look forward to working closely with the staff, management and board during the next phase of Seventymm’s growth. I am extremely pleased to take on this new role. I am confident about the potential that exists in online movie rental business. I look forward to the challenges and opportunities that lie in the business.”
“Mudit’s track record in building online businesses will be an asset to Seventymm.com. With him leading Seventymm, I am confident of getting closer to our vision of delivering any movie anytime anywhere in India,” said Raghav Kher, founder and director of Seventymm.
Khosla was founding GM and business head of Yatra.com. Earlier, he headed online shopping channel of Indiatimes.com. He holds a Master’s degree in Management and undergraduate degree in Mechanical Engineering.