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.

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.