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Deepak Lamba joins Fashion Entrepreneur Fund as CEO

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Mumbai: The Fashion Entrepreneur Fund (FEF) appoints media veteran Deepak Lamba as chief executive officer, positioning him to spearhead its vision of fostering cutting-edge innovation within the fashion sector. With over 20 years in media, lifestyle, and entertainment, Lamba brings extensive experience launching high-impact initiatives for prominent companies, ensuring his role at FEF will be transformative for the fund and its fashion entrepreneur partners.

In his new position, Lamba aims to advance FEF’s unique venture studio model, which integrates strategic mentorship with capital funding to accelerate growth for budding fashion and lifestyle brands. “I believe that powerful, meaningful experiences can shape industries and inspire individuals,” Lamba stated. “Joining FEF is an opportunity to build platforms that offer unparalleled value, in both business and personal growth.”

With FEF valued at Rs 540 crore, Lamba will direct strategic partnerships, including a collaboration with Dharmatic to launch an annual web series, enhancing FEF’s reach within the fashion industry. The fund’s investor pool includes influential figures like Akshay Kumar, Karan Johar, Ravi Jaipuria, Naveen Jindal, and Vinod Dugar, highlighting FEF’s robust network and support in achieving unicorn status by 2028.

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FEF’s chairman Vagish Pathak and founder Sanjay Nigam shared, “With Deepak at the helm of the Fashion Entrepreneur Fund, we are poised to ignite innovation and drive sustainable growth in the industry, empowering visionary entrepreneurs to turn their dreams into reality.”

Lamba previously led Times Strategic Solutions Ltd. and World Wide Media and held significant leadership roles at Bloomberg UTV and Viacom18, showcasing his proven record of strategic growth. His appointment marks a pivotal step in FEF’s ambition to nurture India’s next generation of disruptive fashion brands.

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FSS names Anand Krishnamurthi head of global digital delivery

Tech veteran to drive AI-first, cloud-led transformation in payments globally

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CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.

In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.

Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.

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“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”

V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”

This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.

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