Umang Bedi

Co-Founder, VerSe Innovation
Bengaluru, Karnataka,India
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Who Is Umang Bedi?

Total Experience32 years
CompanyVerSe Innovation
CountryIndia

Umang Bedi is a distinguished leader and entrepreneur in the technology and digital media landscape, currently serving as the Co-founder of VerSe Innovation, the parent company of India's leading content platforms, Dailyhunt and Josh. With over two decades of experience, he has a proven track record of scaling businesses, driving digital transformation, and building high-performance teams. Before his entrepreneurial venture, Umang held pivotal leadership roles, including Managing Director for Facebook India & South Asia, where he was instrumental in accelerating the platform's growth in one of its largest markets. Prior to that, as the Managing Director for Adobe in South Asia, he successfully led the company's transition to a cloud-based subscription model. An alumnus of Harvard Business School and the University of Pune, Umang is recognized for his dynamic leadership and deep expertise in mobile, social, and cloud technologies.

How Did Umang Bedi's Career Path Shape Their Journey?

Umang Bedi's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

VerSe Innovation - Co-Founder(2018 to Present)
Goals101 - Statutory Board Member(2018 to Present)
Facebook - Managing Director - India & South Asia(2016 to 2018)
Adobe - Managing Director - South Asia(2011 to 2016)
Intuit Inc. - Managing Director - India & Emerging Markets(2008 to 2011)
Symantec Corporation - Head - Banking, Financial Services & Insurance Vertical(2005 to 2008)
Sun Microsystems Inc - Country Solutions Engagement Manager - Telecom(2003 to 2005)
Wipro Corporation - Senior Solutions Consultant(2001 to 2003)
Satyam Computer Services - Senior Software Engineer(1999 to 2001)

What Are Umang Bedi's Key Achievements?

Co-founder of VerSe Innovation (Dailyhunt & Josh)

Successfully co-founded and scaled VerSe Innovation, building Dailyhunt into one of India's largest news and content aggregators and launching Josh, a leading short-video app that became a dominant player in the Indian market.

Scaled Facebook's Business in India

As the Managing Director for India & South Asia, he was responsible for building and maintaining strategic relationships with top clients and regional agencies, significantly driving revenue and user growth for Facebook in the region.

Led Adobe's Cloud Transition in South Asia

During his tenure as Managing Director at Adobe, he played a crucial role in transitioning the business from a traditional software model to a subscription-based cloud services model, a key strategic shift for the company.

Fortune & Economic Times '40 under 40' Recipient

Recognized for his significant contributions to the business world by being named in both Fortune India's '40 under 40' list (2014) and The Economic Times' '40 under Forty' list (2015).

What's Umang Bedi's Educational Background?

General Management Program

Harvard Business School - Year 2015

Bachelor of Engineering, Electronics

Pune University - Year 1995

ISC

Seventh Day Adventist - Year 1993

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Company Overview

VerSe Innovation
Total employees1350
HeadquartersBengaluru
Founded2007

VerSe Innovation is a leading Indian technology company focused on building content and commerce platforms for the country's vast vernacular audience. As the parent company of the popular news aggregator 'Dailyhunt' and the short-form video app 'Josh', VerSe aims to bridge the digital divide by providing AI-driven, localized content across various languages. Its platforms empower millions of users with information, entertainment, and e-commerce opportunities, making it a key player in India's digital ecosystem.

VerSe Innovation Funding Information
Unknown - Total Funding Raised
$805M - Most recent funding amount
18 - Number of funding rounds
6 Apr, 2022 - Latest funding round
Lead Investors:
CPP Investments
Ontario Teachers' Pension Plan
Google
Microsoft
Qatar Investment Authority
Sofina Group
AlphaWave
Glade Brook Capital Partners
Canaan Valley Capital

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