Campaign India Team
Feb 15, 2018

Umang Bedi joins Dailyhunt as president

The top executive at Adobe and Facebook is expected to take the Dailyhunt platform to its next level of growth

Umang Bedi joins Dailyhunt as president
Verse Innovation, the creator of Dailyhunt, has announced the appointment of Umang Bedi, the former top executive of Facebook and Adobe as its president.
 
Dailyhunt delivers personalised, intuitive, curated content to about 80 million users each month. Its investors include Matrix Partners India, Sequoia, Omidyar Network, Falcon Edge and Bytedance.
 
Prior to this, Bedi was the managing director of Facebook for India and South Asia. 
 
Bedi said, “This is a tremendous opportunity to drive scale via Dailyhunt’s ‘Made in India’ platform. The intention is to serve the unmet, under-served needs of Indians who live in tier 2,3,4 cities and rural areas and provide them with personalised, relevant, meaningful experiences." 
 
Virendra Gupta, founder, Dailyhunt said, "We are seeing unprecedented growth in time spent for truly local content across text, images and video. Our ambition is to consolidate our leadership position in local language content and advertising and exponentially scale this leading platform. Umang’s background in social media content and experience leading scaled teams generating hundreds of millions of dollars in revenues is a great fit with our plans. I look forward to partnering closely with him on our journey going forward.”

 

Source:
Campaign India

Related Articles

Just Published

5 hours ago

Zepto and boAt's festive ad hits the right note

Quick delivery meets premium sound in Zepto and boAt's witty ad, saving parties and spotlighting festive chaos with humour.

10 hours ago

From leaks to locks: Ensuring piracy-free OTT ...

The co-founder and CEO of VdoCipher explains why brand marketers must advocate for DRM to help OTT platforms secure streaming content and boost their own advertising returns.

2 days ago

Radio ad volumes rise by 2%; services lead during ...

Total number of advertisers grows by 10%; Gujarat leads states with 18% share, finds AdEx India's report on radio advertising during January-September 2024.