New Delhi: The Fashion Entrepreneur Fund (FEF) has made a strategic move by appointing industry veteran Deepak Lamba as its new Chief Executive Officer. With over two decades of experience in media, lifestyle, and entertainment, Lamba is poised to lead FEF to new heights and establish it as a dominant force in the fashion industry.
Lamba’s appointment comes at a crucial time for FEF, as the venture studio continues to invest in and mentor promising fashion entrepreneurs. With a war chest of ₹540 crore, FEF aims to provide comprehensive support, including strategic funding and mentorship, to help these entrepreneurs build sustainable and scalable businesses.
One of the key initiatives under Lamba’s leadership is a collaboration with Dharmatic to launch an annual web series. This innovative approach will not only amplify FEF’s presence in the fashion and entertainment ecosystems but also provide a platform to showcase the talent and creativity of its portfolio companies.
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FEF boasts an impressive investor lineup, including renowned personalities such as Akshay Kumar, Ravi Jaipuria, Karan Johar, Naveen Jindal, and Vinod Dugar. With their backing, FEF is well-positioned to achieve its ambitious goal of becoming a unicorn by 2028.
Lamba’s appointment is a significant development for the Indian fashion industry. His deep understanding of the media and entertainment landscape, coupled with his passion for nurturing talent, makes him the ideal person to lead FEF’s growth and expansion.
