In distinction to most totally different firms of the interval, he chosen to run the software program program on-line and put it up for sale as a subscription service, a enterprise model that now dominates enterprise computing.
“He was ahead of his time in fascinated concerning the place points are going and what’s going to happen subsequent,” talked about Mohan Gyani, a longtime Keynote board member and buddy.
Mr. Gupta took Keynote public in September 1999. In early 2000, he raised $350 million additional in a secondary offering, which helped Keynote journey out the tech bust that rapidly adopted.
In 2013, he purchased Keynote for $395 million to the private equity company Thoma Bravo and retired from enterprise software program program. Nonetheless he saved a extreme profile as a philanthropist and by working with a gaggle that represented alumni of the Indian Institutes of Experience (he had attended the campus in Kanpur), talked about Kanwal Rekhi, a veteran Silicon Valley tech govt and investor who served on the board of Gupta Utilized sciences.
Members of the I.I.T. group included figures from commerce, academia and the funding neighborhood who might often strongly disagree with one another on an expansion of topics, talked about Gunjan Bagla, the chief govt of the consultancy Amritt, who helped lead the group with Mr. Gupta.
“Umang was an distinctive chief who might convey a gaggle from chaos to calmness,” he talked about.
Umang Gupta was born on Aug. 3, 1949, in Patiala, throughout the northern Indian state of Punjab, to Ved Prakash Gupta, who labored at India’s labor ministry, and Ramnika Gupta, a politician. Umang’s dad and mother had been socialists from completely totally different castes who met on the funeral of Mohandas Gandhi, a departure from a normal organized marriage.
The couple later separated, and Umang was raised with the help of grandparents.
He spent 4 years at a navy boarding college and was anticipated to affix the Nationwide Safety Academy, a conference in his mother’s family. Instead, he chosen I.I.T. Kanpur, the place he earned a bachelor’s diploma in chemical engineering in 1971. The campus had a couple of of the primary IBM laptop programs in India, and Mr. Gupta gained programming experience there as successfully.