Social video platform Firework enters India, appoints Sunil Nair as MD & CEO
MUMBAI: Silicon Valley-based social video platform Firework has appointed Sunil Nair as MD & CEO for its India operations. The social mobile video app for iOS and Android devices has now entered India and is part of a suite of apps created by Loop Now Technologies, a Redwood City, California (Silicon Valley) based incubator start-up that focuses on next-gen consumer mobile applications.
Firework said that it became the fastest social media app to achieve 1 million users in only 5 months while still in beta, growing +200% quarter over quarter. Sunil had a very successful stint as the COO of ALTBalaji for over four years, where he was responsible for building India’s first pure-play original video content platform and creating a successful subscription led business and bringing real-world innovations to the OTT space in India.
The company added that he is equipped with diversified experience from his stints in India. Nair set up the first online video distribution platform – Nautanki TV (acquired by Hungama). In his previous stints, he has held leadership positions with One Channel Media, Reliance Jio, Star India Pvt Ltd, amongst others. Nair continues to be active in the start-up circle as an advisor and mentor. With a Master’s Degree in Management Sciences from the University of Pune, Sunil is a certified systems analyst from National Computing Centre, UK.
Firework and Loop Now Technologies founder, CEO Vincent Yang said, “Sunil comes with a wealth of experience in video content platforms as well as a valuable client-focused approach. His advisory and direction will be a positive force behind creating a niche for Firework in India and strengthening our presence in this market. India is a fast-growing market and we are excited to be a part of this revolution partnered with Sunil. As an avid storyteller, we look forward to bringing his passion and combining his vision in Firework as we share with India meaningful stories in 30 seconds. We welcome him and look forward to seeing him drive our India mandate.”