Indian businessman
Bhavin Turakhia (born 21 December 1979) is an
entrepreneur ,
[1] and the founder of
Titan ,
Flock , Radix,
CodeChef , and
Zeta .
[2]
[3]
[4]
[5] In 2016, Bhavin, a billionaire,
[6] was ranked as the 95th richest person in India, along with his brother
Divyank Turakhia , according to
Forbes .
[7]
[8]
[9] He was a 2011
Young Global Leader by the
World Economic Forum .
[10]
[11]
[12]
Early life
Bhavin was born in
Mumbai in a middle-class
Jain family. He did his schooling from Arya Vidya Mandir,
Bandra .
[7] He attended
D.G. Ruparel College
[13] to study science and later dropped out
[14] and then completed his bachelor's degree in commerce from
Sydenham College of Commerce and Economics .
[15]
[16] As of 2017, he is based in London.
[17]
Career
In 1998, at the age of 18 and with a capital of ₹25,000
[18]
[19] (equal to roughly US$675 in 1998), Bhavin Turakhia started his first tech venture Directi with his brother
Divyank Turakhia .
[20]
[5]
[21]
In 2014, Bhavin and Divyank sold four of their web companies – BigRock,
LogicBoxes , ResellerClub, and Webhosting.info – to web-hosting firm
Endurance International Group for $160 million.
[22]
[23]
In July 2019, his banking tech
[24] venture Zeta
[25] received an investment from
Sodexo at a valuation of $300 million.
[26]
[27] In 2021, Zeta secured $250 million
[28] in investment from
SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion.
In August 2021, Titan,
[29] the professional email service founded by Bhavin, received a $30 million investment from Automattic, valuing Titan at $300 million.
[2]
As of 2022, Bhavin operates companies
Titan ,
[30]
[2]
Flock ,
[31] Radix and
Zeta .
[32]
[33]
Awards and recognition
See also
References
^
"Video I followed my father's advice and became a billionaire" .
BBC . 6 November 2019.
^
a
b
c
"Automattic Values Business-Email Startup Titan at $300 Million" . Bloomberg.com . 3 August 2021. Retrieved 14 June 2022 .
^
"Bhavin Turakhia to invest $25 mn in Flock, an enterprise team messenger" .
The Hindu Business Line . 15 March 2017.
^ Banerjee, Sudeshna (4 November 2016).
"The winner takes it all" .
Asian Age .
^
a
b Mendonca, Jochelle (19 September 2016).
"Directi, founded by brothers Bhavin and Divyank Turakhia, to buy 1 lakh sq feet building" .
Economic Times .
^
"Family matters: Bhavin Turakhia credits his father, humble beginnings for success" . The Economic Times. 3 December 2019.
^
a
b
c Raghunathan, Anuradha (1 December 2016).
"Meet the technology whiz kids Bhavin and Divyank Turakhia" .
Forbes India .
^ Singh, Rajiv (18 January 2016).
"Bootstrapping – running a startup without equity funding is the better way forward" .
The Economic Times .
^
"इस गुजराती ने 18 साल की उम्र में ही कर ली 8700 करोड़ की कमाई" (in Hindi).
Daily Bhaskar . 23 November 2016.
^
"Sanjay Chandra,11 other Indians among WEF Young Global Leaders" . Geneva:
Deccan Herald . 9 March 2011.
^
"12 Indians among WEF's Young Global Leaders" .
rediff.com . 14 March 2011.
^
"World Economic Forum names Bhavin Turakhia 'Young Global Leader 2011' " .
Business Standard . 18 March 2011.
^ Nair, Sulekha (12 September 2016).
"Never give up, take risks, hire best talent: Business lessons from Bhavin Turakhia" .
Firstpost .
^
"Successful Entrepreneurs Who Were College Drop Outs - Bhavin Turakhia" .
India Times . 4 December 2017. Retrieved 7 May 2020 .
^ Kurian, Boby; Sharma, Samidha (23 August 2016).
"Brothers born and bred in city sell e-firm for $900m" .
The Times of India . Mumbai. Archived from
the original on 25 March 2017. Retrieved 24 March 2017 .
^
"India's Internet billionaires" .
Telegraph India . 12 September 2016. Archived from
the original on 16 September 2016.
^
"Bhavin Turakhia: The man who is building a Slack killer" .
FactorDaily . 23 June 2017. Retrieved 16 January 2023 .
^ Bose, Hiren (18 December 2016).
"The strength of start-ups" .
Deccan Herald . [
permanent dead link ]
^
मुंबई के दो भाइयों ने 25 हजार को बनाया 9 हजार करोड़, 16 की उम्र बने थे बिजनेसमैन...
Archived 25 March 2017 at the
Wayback Machine
Daily Bhaskar . Retrieved 24 August 2016
^
"Know how these two Mumbai brothers turned Rs 25 thousand into Rs 9,000 crores" .
Zee News . 26 August 2016.
^ Sabharwal, Punita (2 October 2016).
"10 Takes From Bhavin Turakhia On Tech" .
Entrepreneur .
^ Arora, Varun (26 August 2016).
"We will set up family office soon, says Bhavin Turakhia" .
VCCircle .
^ Modgil, Shweta (10 January 2017).
"It's Our Moral Obligation To Make An Impact Directly Proportional To Our Potential: Bhavin Turakhia, Co-Founder, Directi Group" . Inc42.com. Retrieved 24 March 2017 .
^
"Zeta Closes $250 Million SoftBank Funding At $1.5 Billion Valuation" . www.pymnts.com . 24 May 2021. Retrieved 16 January 2023 .
^
"Home" . Zeta US . Retrieved 16 January 2023 .
^ Singh, Manish (23 July 2019).
"Fintech firm Zeta's valuation climbs to $300M in its first external funding round" .
TechCrunch . Retrieved 16 January 2023 .
^ S.H, Salman (23 July 2019).
"Fintech platform Zeta valued at $300 mn in its Series C round led by Sodexo" . Livemint .
^
"Banking Tech Startup is Unicorn with $250 Million from SoftBank" . Bloomberg . 24 May 2021.
^
"Titan Email for Professionals and Businesses" .
Titan . Retrieved 16 January 2023 .
^ Bagchi, Sohini (4 August 2021).
"How Bhavin Turakhia's Titan is Disrupting Business Email Market" . CXOToday.com . Retrieved 14 June 2022 .
^ Shaikh, Shadma (16 March 2017).
"Bhavin Turakhia invests $25 mn in enterprise messenger Flock for expansion" .
Economic Times . Retrieved 24 March 2017 .
^
"Personally Tech With Ringo Founder-CEO Bhavin Turakhia" .
NDTV . 24 July 2015.
^ Mendonca, Jochelle (12 September 2016).
"Directi's Bhavin Turakhia to invest $110 million in newer ventures" .
Economic Times .
^ Sunkara, Keshav (22 September 2016).
"Patanjali's Balkrishna, Turakhia brothers enter Forbes rich list; Flipkart founders exit" .
VCCircle .
^ Karmali, Naazneen (21 September 2016).
"As India's Richest Make Big Gains, The Entry Price To The Top 100 Touches $1.25 Billion" .
Forbes India .
^ Jain, Samiksha (5 September 2016).
"Here Are The Winners Of The Prestigious 6th Annual Entrepreneur India Awards 2016" .
Entrepreneur .
^ Kurup, Rajeesh (23 August 2016).
"The Turakhia brothers are now worth $1.4 billion" .
The Hindu Business Line .
^ Bhosale, Akshay (25 August 2016).
" 'Serial Entrepreneur' Bhavin Turakhia Bags Dual Awards At Annual Entrepreneur India Awards 2016!" . DigitalConqurer.
^
"ETPanache Trendsetter Awards 2016: Ananya Birla, Dipa Karmakar, Karan Johar emerge winners" .
The Economic Times . 18 October 2016.
^
"ET Panache Fetes Young Trendsetters" . Mumbai:
Times of India . 17 October 2016. Archived from
the original on 25 March 2017. Retrieved 24 March 2017 .
^
"Search for News, Stock Quotes & NAV's The winners of the ETPanache Trendsetter Awards 2016" .
The Economic Times . 17 October 2016.
^
"List of 2011 Young Global Leaders Honourees" (PDF) .
World Economic Forum . 20 April 2011.
^
Talent needs opportunity (annual review of activities (2005 - 2006) - Airtel) (PDF) .
Bharti Foundation . p. 15. [
permanent dead link ]
^
"BCEI invites nominations for the Bharti Entrepreneur of the Year Award 2008" .
Business Standard . 24 November 2008.
^
"Registrar Constituency Statement" (PDF) . Icann.org. 12 July 2005.
^ New, William (13 July 2015).
"ICANN's Process For Strategic Plan, .Net Domain Renewal Questioned" . Ip-watch.org.
External links
Media related to
Bhavin Turakhia at Wikimedia Commons