Due to the vast number of regional language internet users, Umang Bedi, who had resigned as Facebook India and South Asia managing director last October, joins Dailyhunt as their President.
On Wednesday Bedi said, “When I resigned from Facebook, I had this itch to do something that would have a large impact at the local level. This is a tremendous opportunity to drive scale via Dailyhunt’s ‘Made in India’ platform.”
The platform, Bedi added, provides original video content in Hindi and Telugu, and free live television streaming service with more than 130 channels across nine languages through a strategic partnership with Vuclip and YuppTV—over-the-top (OTT) video content space providers.
“I believe Dailyhunt can differentiate to win market share in the advertising space and be an independent platform of scale,” Bedi pointed out, who is working on the possibilities of local languages to enhance internet growth and in turn bring Dailyhunt’s business growth as well.
Virendra Gupta, Founder of Dailyhunt, said, “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”.