Mobavenue AI Tech Limited announced the appointment of Mr. Vikram Sheth as Chief of Corporate Development and Investor Relations, effective October 29, 2026. The appointment was formally communicated to the BSE Limited Listing Compliance Department through a regulatory submission signed by Mr. Kunal Hasmukh Kothari, Chairman & Chief Operating Officer (DIN: 07111105).

Appointment Details

Mr. Vikram Sheth will lead corporate development, fundraising, strategic acquisitions, and investor relations functions. His role is designed to align these activities with the company's long-term business priorities as it scales its technology-led business.

Professional Background

Mr. Sheth brings 30 years of experience, primarily in investment banking, with expertise in:

  • Capital markets
  • Mergers and acquisitions
  • Fundraising
  • Deal structuring

His career achievements include helping companies raise more than USD 3 billion in capital and advising large conglomerates and mid-market businesses across industries on fundraising, strategic transactions, and business growth.

Previous positions include:

  • Partner and Head of investment banking practice at NAFA Group
  • Leadership positions at ICICI Securities, Edelweiss, and Religare

Additionally, Mr. Sheth has contributed to management education as a visiting faculty and board member at several Mumbai-based institutions, including NMIMS.

Management Commentary

Ishank Joshi, Managing Director and Chief Executive Officer, stated: "As Mobavenue scales its technology-led business and evaluates opportunities for its next phase of growth, we need to ensure that strategic development, capital allocation and investor engagement are closely aligned. Vikram's experience across capital markets and strategic transactions will strengthen our ability to assess opportunities with discipline, pursue those that align with our long-term direction and communicate our strategy clearly to the investment community. The focus is on building capabilities that support sustainable growth and long-term value creation."

Vikram Sheth commented: "I look forward to working with the leadership team to support Mobavenue's strategic priorities. My focus will be on evaluating opportunities through the lens of long-term business value, aligning capital and transaction decisions with the company's direction and building constructive engagement with investors around its strategy and progress."

Company Background

Mobavenue AI Tech Limited (BSE: 539682 | ISIN: INE622Q01019) is described as a global AI-powered AdTech and consumer growth company that enables businesses, enterprises, publishers, and large global agencies to connect with high-intent consumers and drive measurable outcomes across the full customer journey.

The company's proprietary A3 framework spans Awareness, Acquisition and Activation, delivering a full-funnel, outcome-led approach to digital growth. Headquartered in Mumbai with a growing presence across Southeast Asia, MENA, LATAM, the UK and the US, Mobavenue works with 155+ brands across ecommerce, BFSI, fintech, travel, OTT, gaming, healthcare and retail.

At its core is the GMP 360 stack, a unified platform that integrates data, AI-led decisioning and programmatic execution across mobile, video, Connected TV, web, OEM and DOOH, enabling realtime intelligence and consistent outcomes at scale.