MUMBAI: The Walt Disney Company India managing director Rajat Jain, who put in his papers at the company in March this year, has joined wireless value added services (VAS) provider Mobile2win.

Jain will be taking over as the company’s managing director and CEO. According to an official statement, this move is a step to consolidate the company’s leadership position in the world’s fastest growing mobile market and to accelerate its global presence. Incidentally, Mobile2win recently received a venture capital funding of $ 5 million.

Investors in Mobile2win, Sandeep Singhal of Nexus India Capital, Vab Goel of Norwest Venture Partners and Peter Hua of Softbank China in a joint statement said, “The company is on a growth phase and we are absolutely delighted to have Rajat on board to lead the team. This is a significant milestone in this phase and will be followed by other initiatives to be announced in time. His experience both in start-ups and large enterprises and his strong media and telecom background is going to be a key ingredient of Mobile2win’s future growth. As investors, we are very bullish about the company’s prospects and will support the company’s leadership with the resources and networks needed to reach its goals.”

The founders of the company, Gopala Krishnan (GK) and Rajiv Hiranandani added, “We are really excited about Rajat partnering us to lead Mobile2win as it builds on its leadership position in the mobile VAS market. Rajat’s expertise in marketing and business strategy will power our next phase of evolution and growth. You will see us bring on new talent, technologies and partner in the coming months. His presence will further enhance the confidence of our partners and customers in the services and products we deliver.”

Mobile2win is the mobile business partner for over 25 media brands including Hindustan Times and Sony, and has created solutions for 100 plus international consumer brands such as Perfetti, Coke HSBC etc.

Related story:
Walt Disney India MD Rajat Jain quits