Produced by Dinesh Vijan from a story and screenplay by Niren Bhatt, it stars Varun Dhawan alongside Kriti Sanon, Abhishek Banerjee, Deepak Dobriyal and Paalin Kabak.

[4][5] The plot of the film is inspired by Arunachal Pradesh's folklore about a Yapum, a shape-shifting werewolf, who wants to protect the jungle, even if they have to kill somebody.

[7] Road contractor Bhaskar and his cousin Janardan "JD" visit Ziro, Arunachal Pradesh for a road-building project.

JD is revealed to be their long-lost friend Jana, who had previously been possessed by the ghost Stree, and has since been staying away from them, cutting off contact to study for the UPSC exam for IAS.

The shooting for Bhediya took place in the regions of Arunachal Pradesh's Ziro (Lower Subansiri), Sagalee (Papum Pare) and parts of Pakke-Kessang district- over a span of two months, from March to April 2021.

[15] During the shooting schedule, Varun Dhawan and his wife, designer Natasha Dalal donated ₹1 lakh (US$1,100) to the victims of a massive fire in Arunachal Pradesh's Tirap and Longding districts in April 2021.

[35] Amandeep Naang of ABP News rated the film 4 out of 5 stars and wrote, "Bhediya is a mad ride of a horror-comedy which feels different in the current climate of remakes, thrillers and period dramas.

The vfx are incredible, and cinematographer Jishnu Bhattacharjee has masterfully captured the dark and fascinating realm of werewolves with the backdrop of the full moon in the midnight sky, ziro jungles, and mountains.

"[37] Bollywood Hungama rated the film 3.5 out of 5 stars and wrote, "Bhediya works due to its novel idea, memorable performances, captivating climax, and VFX.

"[38] Dhaval Roy of The Times of India rated the film 3.5 stars out of 5 and wrote, " Director Amar Kaushik handles both genres skillfully in his latest outing and strikes a fine balance to deliver a movie that’s spine chilling in some instances, rib-tickling in almost all, and leaves you with something to think about.

"[39] Tushar Joshi of India Today rated the film 3.5 out of 5 stars and wrote "Performances feel genuine and Kaushik’s USP of infusing humour and wit at the right moments helps in keeping the narrative engaging and entertaining.

"[40] Saibal Chatterjee of NDTV rated the film 3.5 out of 5 stars and wrote, "Bhediya is both enjoyable and thought-provoking, is helped along by lively performances.

"[43] Rohit Bhatnagar of The Free Press Journal rated the film 3 out of 5 stars and wrote, "Bhediya is a good one-time popcorn entertainment and a decent distraction from the monotony.

"[45] Sukanya Verma of Rediff rated the film 3 out of 5 stars and wrote "Varun Dhawan ups his entertainer game exponentially in Bhediya.

"[46] In a less positive review, Anna M. M. Vetticad of Firstpost rated it 2.5 out of 5 stars and wrote, “Bhediya is not the first film in this world to sideline characters from social groups sidelined in reality, even while purportedly being about those communities... All the noble intentions in the world and even Abhishek Banerjee’s comedic genius cannot compensate for such mindlessness.”[47] Himesh Mankad of Pinkvilla rated the film 3 out of 5 stars and wrote "Bhediya rides primarily on the strength of gags, visual effects, and performances, but warranted a bigger conflict with regard to a hero and villain in the second half.