Alt Balaji, the digital entertainment platforms, has announced the appointment of Vivek Koka as its new Chief Business Officer.
The company also revealed that Ektaa R Kapoor and Shobha Kapoor have stepped down from their positions as the head of Alt Balaji to focus on other ventures.
While the process of stepping down of Ektaa and Shobha started last year, Alt Balaji now has a new team to take over.
Koka brings with him experience in the digital entertainment industry, having previously held leadership positions at several companies.
"We are thrilled to welcome Vivek Koka to the Alt Balaji family. His expertise and vision for the future of digital entertainment make him the perfect choice to lead Alt Balaji into its next phase of growth and success," Ektaa said.
Though Ektaa R Kapoor and Shobha Kapoor have stepped down from the management of Alt Balaji, but Balaji telefilms, the holding company, will still hold shares in the platform.