BANGALORE: Movie rental company Seventymm.com has roped in Mudit Khosla as its chief executive officer.

Prior to this, Khosla was business head at Yatra.com.

In his new role, Khosla will report to the board of directors of Seventymm.com and will be responsible for developing and executing the company’s long term growth strategies, launching new initiatives and developing new earning opportunities.

Khosla will be helping the company in capitalising on the Rs 1 billion fund, raised from Matrix Partners India, Draper Fisher Jurvetson and NEA Indo-US Ventures.

Said Seventymm founder and director Raghav Kher, “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.”

On his appointment, Khosla said, “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.”