Biography of Virender Jeet: Founder and CEO of Newgen -Entrepreneur
Story of Virender Jeet:
Early Education and Foundation
Virender Jeet began his academic journey at Vishwa Bharti
School in 1977, where he laid the foundation of his education. Later, he
pursued a Bachelor of Engineering in Computer Science from D.Y. Patil College
of Engineering, completing his degree in 1991. These years were crucial in
shaping his interest in software and technology, which eventually became his
lifelong passion.
Stepping into the Software World
In 1992, Virender began his professional career as a Software
Engineer at Newgen Software, a company that had just been founded the same year
by Diwakar Nigam and T.S. Varadarajan. This marked the start of a long and
impactful association with the organization. From the very beginning, he was
closely involved in the company’s core mission of building technology solutions
for enterprise automation.
Growing with Newgen
Over the next 13 years, Virender climbed the ranks and
became Vice President of Technology at Newgen. His work was instrumental in
creating Newgen’s early digital transformation platform, which included
capabilities like process automation, content services, and communication
management. His contribution helped shape the company's product architecture
and positioned it for global success.
Leadership in Product and Strategy
In October 2005, Virender took on the role of Senior Vice
President - Sales, Marketing, and Products. Over the next 16 years, he became
the driving force behind Newgen’s product design, development, and global
marketing strategy. He was deeply involved in creating awareness about the
company’s platforms and helped scale their reach across industries and
geographies.
Embracing the Digital Era
As digital transformation began reshaping businesses
globally, Virender was at the forefront of helping companies adapt. Under his
guidance, Newgen's platforms evolved to include low-code development, cloud
adoption, and AI-driven automation. He continuously emphasized simplifying
complex enterprise needs and unlocking speed and agility for their clients.
Biography of Virender Jeet: Founder and CEO of Newgen -Entrepreneur# startup#age#net worth#investor#Newgen story#Virender Jeet story#shark tank
Taking the Helm as CEO
In September 2021, after nearly three decades with the
company, Virender was appointed as the Chief Executive Officer of Newgen
Software. This move was part of a broader strategic shift, where he joined
hands with Tarun Nandwani, the new COO, to steer the company into the next
phase of digital innovation and enterprise solutions.
Driving Innovation with NewgenONE
As CEO, Virender championed the launch of NewgenONE, a
unified digital transformation platform. This low-code and cloud-based solution
enabled organizations to rapidly build and deploy applications for varied needs
like customer onboarding, loan underwriting, service management, and more. The
platform made it easier for enterprises to embrace digital change without
extensive coding expertise.
A Visionary with 27 Patents
Virender’s deep involvement in technology and innovation has
resulted in 27 patents registered under his name. His inventive mind and
passion for simplifying complex enterprise needs through software have made him
a recognized thought leader in the B2B software domain. His focus has always
been on making technology accessible, fast, and impactful.
Newgen's Global Impact
Under Virender’s leadership, Newgen became a global name in
enterprise solutions. It now offers services in sectors like banking,
insurance, retail, logistics, and healthcare. Their solutions help businesses
automate processes, manage customer communications, and extract data from
various media documents, videos, photos, and more with the help of AI and ML
technologies.
Competing with Global Giants
Newgen now competes with top players like Appian, Airtable,
and Acquia in the global market. With over 760 competitors, including 95 funded
startups, Newgen continues to stand tall, thanks to its robust low-code
automation platform and its deep enterprise experience. It is also backed by
funding from Ascent Capital, having raised $17.7 million.
A Life Beyond Work
Despite his busy schedule and leadership responsibilities,
Virender believes in balance. When he’s not immersed in transforming businesses
digitally, you’ll likely find him enjoying a game of golf, which helps him
relax and rejuvenate. His zest for life, both inside and outside the office,
keeps him grounded and energized.
A Legacy of Digital Transformation (Present Day)
Today, Virender Jeet stands as a leading voice in the
digital transformation landscape. With nearly three decades of
unwavering commitment to Newgen, he has helped the company become a trusted
partner for enterprises seeking automation and innovation. His journey is not
just about building software it's about redefining how businesses work in a
digital age.
Timeline Summary:
- 1977–1985:
Schooling at Vishwa Bharti School
- 1987–1991:
B.E. in Computer Science from D.Y. Patil College
- 1992:
Joined Newgen Software as Software Engineer
- 1992–2005:
VP of Technology, built early platforms
- 2005–2021:
Senior VP - Sales, Marketing, & Products
- 2021–Present:
CEO of Newgen Software
- 2021–Now:
Leads NewgenONE and global expansion
