Private equity firm Warburg Pincus has appointed Dinesh Moorjani as an executive-in-residence (EIR).
Moorjani (pictured) will work with Warburg Pincus to identify and evaluate investment opportunities in the mobile industry globally.
Moorjani was the founder and CEO of Hatch Labs, a mobile technology incubator and captive investment fund. Prior to Hatch Labs, he served as a senior vice president at IAC/InterActiveCorp and started the Mobile Group in 2007 where he was responsible for mobile strategy, operations and product development for IAC's leading businesses like Match.com and Citysearch.
Moorjani has led new product innovation and built consumer technology businesses at Samsung Electronics in Asia and North America, including the satellite radio-MP3 business, winning over 10 consumer technology and industry awards. He was an early employee at Mainspring, the internet strategy consulting firm, which was later acquired by IBM. Moorjani serves as a board director and advisor to several companies including American Express OPEN.
Justin Sadrian, managing director, technology, media, and telecommunications, Warburg Pincus, says: "We are pleased to welcome Dinesh to Warburg Pincus as an EIR. We look forward to leveraging his experience and knowledge to identify and evaluate compelling strategic and innovative opportunities across the mobile ecosystem."
Moorjani says: "We are in the early stage of what I believe will be a period of tremendous change and opportunity as the power of mobility is unleashed. I look forward to joining Warburg Pincus as they have a well-deserved reputation for backing world-class management teams to capitalize on these market dislocations and build enduring companies at scale."