Umang Gupta, Who Paved Way for Indian Tech Executives, Dies at seventy three
In contrast to most other businesses of the period, he selected to operate the computer software on line and offer it as a membership support, a organization product that now dominates organization computing.
“He was in advance of his time in wondering about where by points are heading and what is heading to transpire up coming,” mentioned Mohan Gyani, a longtime Keynote board member and buddy.
Mr. Gupta took Keynote general public in September 1999. In early 2000, he elevated $350 million a lot more in a secondary providing, which served Keynote journey out the tech bust that before long adopted.
In 2013, he bought Keynote for $395 million to the personal fairness company Thoma Bravo and retired from organization computer software. But he stored a substantial profile as a philanthropist and by operating with a team that represented alumni of the Indian Institutes of Technological innovation (he experienced attended the campus in Kanpur), mentioned Kanwal Rekhi, a veteran Silicon Valley tech government and trader who served on the board of Gupta Systems.
Users of the I.I.T. team provided figures from market, academia and the investment decision group who could typically strongly disagree with just one one more on a variety of subjects, mentioned Gunjan Bagla, the main government of the consultancy Amritt, who served guide the team with Mr. Gupta.
“Umang was an fantastic chief who could convey a team from chaos to calmness,” he mentioned.
Umang Gupta was born on Aug. three, 1949, in Patiala, in the northern Indian condition of Punjab, to Ved Prakash Gupta, who labored at India’s labor ministry, and Ramnika Gupta, a politician. Umang’s moms and dads had been socialists from distinct castes who satisfied at the funeral of Mohandas Gandhi, a departure from a conventional organized relationship.
The pair later on divided, and Umang was elevated with the support of grandparents.
He used 4 decades at a armed service boarding university and was anticipated to be part of the Countrywide Protection Academy, a custom in his mother’s spouse and children. In its place, he selected I.I.T. Kanpur, where by he attained a bachelor’s diploma in chemical engineering in 1971. The campus experienced some of the initially IBM personal computers in India, and Mr. Gupta attained programming expertise there as very well.