Umang Dua (Keychain)

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Overview

Umang Dua is an Indian-American entrepreneur known for co-founding Keychain, a prominent AI-powered platform in the consumer packaged goods (CPG) industry. Prior to this, he was a co-founder of Handy, an online home services platform, which was successfully sold to Angi Homeservices. Umang has significantly contributed to the tech and service sectors, leveraging his expertise to foster innovation and growth.

Recent Developments

  • August 2025: Keychain raised $30 million in a Series B funding round led by Wellington Management, with BoxGroup also participating. The funds are set to support the launch of KeychainOS, an AI-powered operating system designed to streamline CPG manufacturing processes.
  • Early 2025: Keychain expanded its engineering team in India to drive growth in North America and Europe, aiming to double the team size in Gurugram by the end of the year.
  • 2024: Keychain launched KeychainOS, which offers manufacturers a faster, AI-native alternative to traditional ERP systems, showcasing its application in sectors like beauty and personal care.
  • 2023-2024: Established Keychain as a major platform connecting brands and retailers with manufacturing partners, facilitating over $1 billion in manufacturing projects monthly.

Personal Information

AttributeInformation
Full NameUmang Dua
BornNew Delhi, India
NationalityIndian-American
OccupationEntrepreneur
Known ForCo-founder of Keychain, Handy
Net WorthEstimated $60 million
EducationAmherst College, Harvard Business School

Early Life and Education

Umang Dua was born and raised in New Delhi, India. He attended The Doon School, one of India’s premier boarding schools, which played a crucial role in shaping his early leadership and adaptability skills. He later pursued higher education in the United States, earning a Bachelor's degree from Amherst College and attending Harvard Business School. His academic experiences abroad exposed him to diverse business environments and sparked his interest in entrepreneurship.

Career and Notable Achievements

  • Handy (2012-2018): Co-founded Handy, an online marketplace for home services, which was later acquired by Angi Homeservices. This venture laid the groundwork for Umang's entrepreneurial acumen, focusing on disruptive technology in traditional industries.
  • Keychain (2023-Present): Founded Keychain with former Handy co-founder Oisin Hanrahan, this platform revolutionizes CPG manufacturing by connecting brands with optimal manufacturing partners using AI technology.
    • Raised $18 million in seed funding in 2023.
    • Keychain serves top-tier clients, including General Mills and Whole Foods, indicating its massive industry adoption.

Current Work and Impact

Currently, as a co-founder of Keychain, Umang Dua is at the forefront of leveraging AI to transform the CPG manufacturing landscape. The Keychain platform is pivotal in reducing manufacturing costs and improving efficiency across the supply chain by streamlining processes. Its recent expansion into new CPG verticals indicates its growing influence and potential in the industry.

Keychain Startup

Founded in 2023, Keychain offers a comprehensive platform for the CPG industry, utilizing AI to connect brands with manufacturing partners effectively. With significant funding, Keychain aims to innovate further and expand its reach across more sectors.

Keychain Solutions

Keychain’s solutions provide CPG brands a streamlined process for manufacturing, with features like KeychainOS that allow real-time management of production cycles.

Conclusion

Umang Dua remains a significant figure in the entrepreneurial landscape, with Keychain marking another successful chapter in his career. By introducing AI-driven innovations into the CPG industry, he is setting a new standard for efficiency and connectivity between brands and manufacturers. As the company expands into new markets and industries, Umang Dua's impact on the consumer goods supply chain demonstrates his ongoing influence and potential for future contributions to global commerce and technology.

References

  1. Tracxn - Keychain
  2. LinkedIn - Umang Dua
  3. TechCrunch - Keychain Funding
  4. The Saas News - Keychain Raises $30 Million
  5. Instagram - Umang Dua
  6. Irish Times - Keychain Funding
  7. Economic Times - Umang Dua Interview
  8. Marketwatch - Keychain Raises $18 Million
  9. PR Newswire - Keychain Series B
  10. FeedtheAI - Keychain Funding