Bhavin Turakhia

Last updated

Bhavin Turakhia
Bhavin Turakhia.jpg
Bhavin Turakhia
Born (1979-12-21) 21 December 1979 (age 44)
Mumbai, Maharashtra, India
Alma materArya Vidya Mandir
D. G. Ruparel College of Arts, Science and Commerce
Sydenham College of Commerce and Economics
Occupations
Known forDirecti, Titan, Radix, Ringo, Flock, Zeta, and CodeChef

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]

Contents

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

Related Research Articles

<span class="mw-page-title-main">Sunil Mittal</span> Indian businessperson

Sunil Bharti Mittal is an Indian billionaire businessman and philanthropist. He is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures. Bharti Airtel, the group's flagship company is one of the world's largest and India's largest telecom company with operations in 18 countries across Asia and Africa with a customer base of over 399 million. Bharti Airtel clocked revenues of over US$18 billion in FY2023. In 2023 he was ranked the 10th richest person in India by Forbes, with an estimated net worth of US$14.8 billion.

<span class="mw-page-title-main">Sydenham College of Commerce and Economics</span> College in Mumbai, India

Sydenham College of Economics is a college located in Mumbai, Maharashtra, India. It is affiliated to the Dr. Homi Bhabha State University. The college offers undergraduate and postgraduate degrees in management. It was awarded a re-accreditation 'A' grade and 3.42 GPA in the second cycle assessment conducted by the National Assessment and Accreditation Council.

<span class="mw-page-title-main">Uday Kotak</span> Indian billionaire banker

Uday Suresh Kotak is an Indian banker and Founder of Kotak Mahindra Bank, where he currently serves as its non-executive director.

<span class="mw-page-title-main">Bharti Airtel</span> Indian multinational telecommunications company

Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

LogicBoxes is a web products and consulting company that specialises in providing private labelled, web presence, and communication applications to ICANN Registrars, large web hosts, domain resellers, ISPs and telcos. In addition, it also offers to consult and a SaaS platform that provides end-to-end business automation to its clients.

<span class="mw-page-title-main">Flock (messaging service)</span>

Flock is a proprietary messaging and collaboration tool, founded by tech entrepreneur Bhavin Turakhia in 2014. The app is available on Windows, MacOS, Android, iOS and Web.

<span class="mw-page-title-main">CodeChef</span> Global competitive programming platform

CodeChef is an online educational and competitive programming platform. CodeChef started as an educational initiative in 2009 by Directi, an Indian software company. In 2020, it was purchased by Unacademy.

<span class="mw-page-title-main">Airtel India</span> Indian telecommunications company

Airtel India commonly known as Airtel, is the second largest provider of mobile telephony and third largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. The brand is operated by several subsidiaries of Bharti Airtel, with Bharti Hexacom and Bharti Telemedia providing broadband fixed line services and Bharti Infratel providing telecom passive infrastructure service such as telecom equipment and telecom towers. Currently, Airtel provides 5G, 4G and 4G+ services all over India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology across all Indian telecom circles.

<span class="mw-page-title-main">Vijay Shekhar Sharma</span> Founder and CEO of Paytm

Vijay Shekhar Sharma is an Indian technology entrepreneur and multimillionaire business magnate. He is the founder chairman, and managing director of One97 Communications founded in 1997 and its consumer brand Paytm which he started in 2010.

Zeta Global Holdings Corp. is a data-driven marketing technology company which was founded in 2007. Zeta offers companies a suite of multichannel marketing tools focused on creating, maintaining, and monetizing customer relationships.

<span class="mw-page-title-main">Kavin Bharti Mittal</span> Indian internet entrepreneur (born 1987)

Kavin Bharti Mittal is an Indian internet entrepreneur primarily known for his role as the founder and CEO of Hike, the company behind the unicorn Hike Messenger and the Rush Gaming Universe (RGU), a mobile gaming application.

<span class="mw-page-title-main">Divyank Turakhia</span> Computer-programmer, businessman, entrepreneur and investor

Divyank Turakhia is an Indian-born computer-programmer, businessman, billionaire, and investor. His net worth is estimated at $1.76 billion. He founded Media.net, which he sold in 2016 to a Chinese consortium for $900 million, the third-largest ever ad-tech deal.

<span class="mw-page-title-main">Ajay Data</span> Indian entrepreneur

Ajay Data is an Indian entrepreneur with interest in IT, Edible Oil and Handball. He is elected Chair of Universal Acceptance Steering Group (UASG). Data led the creation of one of the world's first linguistic email address mobile apps for Internationalized Domain Names domains. He provided leadership as chair to bring Nepal, Sri Lanka, Bangladesh and Indian language Top level domain (TLD) into root servers. He has been recently credited with Graham Bell Award for this innovation and Pt Deendayal Upadhyay Excellence Award for work in languages and script. ICANN-UASG case study explains and talk about it in detail. He had proposed a standard for downgrading with Alias, which was accepted and recommended as best practice by Universal Acceptance Steering Group. His mobile app provides access email access in 19 languages including Cyrillic, Arabic, Thai, Mandarin, Korean and 15 Indian languages. which is available through DataMail app.

<span class="mw-page-title-main">Zeta (company)</span> Next-gen Banking Tech & Card Issuer Processor

Zeta is a next-gen banking tech company by founders Bhavin Turakhia and Ramki Gaddipati in 2015. The company provides credit and debit card issuer processing, BNPL, core banking and "mobile experiences". Zeta provides its products to banks and fintechs globally.

<span class="mw-page-title-main">.tech</span> Internet top-level domain

.Tech is a generic top-level domain (gTLD) of the Domain Name System (DNS) used in the Internet. The name is truncated from technology.

<span class="mw-page-title-main">.online</span>

.online is a generic top-level domain (gTLD) of the Domain Name System (DNS) used in the Internet.

Sunder "Ashok" Genomal is a British-Indian businessperson, billionaire and MD of Page Industries, a Bangalore-headquartered garment company, founded in 1994. His company, Page Industries is one of the largest licensees in the world for underwear maker Jockey. As of 2019, Genomal has been ranked by Forbes as the 73rd wealthiest Indian, with an estimated net worth of approximately $1.9 billion. He was named the Ernst & Young Entrepreneur of the Year Award in 2017.

Titan is a business email service founded by Bhavin Turakhia in 2018. The service may be accessed through the Titan website and through the web, Android, and iOS.

Unacademy is an Indian multinational educational technology company that provides online educational platform with its headquarters in Bangalore. It prepares students for various competitive exams, as well as provides content on foundational (K-12) and skill building courses. It was founded by Gaurav Munjal, Hemesh Singh and Roman Saini in 2015. As of May 2022, Unacademy was valued at US$3.44 billion.

<span class="mw-page-title-main">Kanika Tekriwal</span> Indian entrepreneur

Kanika Tekriwal is an Indian entrepreneur who is serving as Chief executive officer of JetSetGo. She is the youngest richest woman in India. She founded India's first aircraft leasing organization.

References

  1. ↑ "Video I followed my father's advice and became a billionaire". BBC . 6 November 2019.
  2. 1 2 3 "Automattic Values Business-Email Startup Titan at $300 Million". Bloomberg.com. 3 August 2021. Retrieved 14 June 2022.
  3. ↑ "Bhavin Turakhia to invest $25 mn in Flock, an enterprise team messenger". The Hindu Business Line . 15 March 2017.
  4. ↑ Banerjee, Sudeshna (4 November 2016). "The winner takes it all". Asian Age.
  5. 1 2 Mendonca, Jochelle (19 September 2016). "Directi, founded by brothers Bhavin and Divyank Turakhia, to buy 1 lakh sq feet building". Economic Times.
  6. ↑ "Family matters: Bhavin Turakhia credits his father, humble beginnings for success". The Economic Times. 3 December 2019.
  7. 1 2 3 Raghunathan, Anuradha (1 December 2016). "Meet the technology whiz kids Bhavin and Divyank Turakhia". Forbes India .
  8. ↑ Singh, Rajiv (18 January 2016). "Bootstrapping – running a startup without equity funding is the better way forward". The Economic Times.
  9. ↑ "इस गुजराती ने 18 साल की उम्र में ही कर ली 8700 करोड़ की कमाई" (in Hindi). Daily Bhaskar. 23 November 2016.
  10. ↑ "Sanjay Chandra,11 other Indians among WEF Young Global Leaders". Geneva: Deccan Herald. 9 March 2011.
  11. ↑ "12 Indians among WEF's Young Global Leaders". rediff.com . 14 March 2011.
  12. ↑ "World Economic Forum names Bhavin Turakhia 'Young Global Leader 2011'". Business Standard. 18 March 2011.
  13. ↑ Nair, Sulekha (12 September 2016). "Never give up, take risks, hire best talent: Business lessons from Bhavin Turakhia". Firstpost.
  14. ↑ "Successful Entrepreneurs Who Were College Drop Outs - Bhavin Turakhia". India Times . 4 December 2017. Retrieved 7 May 2020.
  15. ↑ 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.
  16. ↑ "India's Internet billionaires". Telegraph India. 12 September 2016. Archived from the original on 16 September 2016.
  17. ↑ "Bhavin Turakhia: The man who is building a Slack killer". FactorDaily . 23 June 2017. Retrieved 16 January 2023.
  18. ↑ Bose, Hiren (18 December 2016). "The strength of start-ups". Deccan Herald.[ permanent dead link ]
  19. ↑ 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
  20. ↑ "Know how these two Mumbai brothers turned Rs 25 thousand into Rs 9,000 crores". Zee News. 26 August 2016.
  21. ↑ Sabharwal, Punita (2 October 2016). "10 Takes From Bhavin Turakhia On Tech". Entrepreneur.
  22. ↑ Arora, Varun (26 August 2016). "We will set up family office soon, says Bhavin Turakhia". VCCircle.
  23. ↑ 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.
  24. ↑ "Zeta Closes $250 Million SoftBank Funding At $1.5 Billion Valuation". www.pymnts.com. 24 May 2021. Retrieved 16 January 2023.
  25. ↑ "Home". Zeta US. Retrieved 16 January 2023.
  26. ↑ Singh, Manish (23 July 2019). "Fintech firm Zeta's valuation climbs to $300M in its first external funding round". TechCrunch . Retrieved 16 January 2023.
  27. ↑ S.H, Salman (23 July 2019). "Fintech platform Zeta valued at $300 mn in its Series C round led by Sodexo". Livemint.
  28. ↑ "Banking Tech Startup is Unicorn with $250 Million from SoftBank". Bloomberg. 24 May 2021.
  29. ↑ "Titan Email for Professionals and Businesses". Titan . Retrieved 16 January 2023.
  30. ↑ Bagchi, Sohini (4 August 2021). "How Bhavin Turakhia's Titan is Disrupting Business Email Market". CXOToday.com. Retrieved 14 June 2022.
  31. ↑ Shaikh, Shadma (16 March 2017). "Bhavin Turakhia invests $25 mn in enterprise messenger Flock for expansion". Economic Times . Retrieved 24 March 2017.
  32. ↑ "Personally Tech With Ringo Founder-CEO Bhavin Turakhia". NDTV. 24 July 2015.
  33. ↑ Mendonca, Jochelle (12 September 2016). "Directi's Bhavin Turakhia to invest $110 million in newer ventures". Economic Times.
  34. ↑ Sunkara, Keshav (22 September 2016). "Patanjali's Balkrishna, Turakhia brothers enter Forbes rich list; Flipkart founders exit". VCCircle.
  35. ↑ 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 .
  36. ↑ Jain, Samiksha (5 September 2016). "Here Are The Winners Of The Prestigious 6th Annual Entrepreneur India Awards 2016". Entrepreneur.
  37. ↑ Kurup, Rajeesh (23 August 2016). "The Turakhia brothers are now worth $1.4 billion". The Hindu Business Line .
  38. ↑ Bhosale, Akshay (25 August 2016). "'Serial Entrepreneur' Bhavin Turakhia Bags Dual Awards At Annual Entrepreneur India Awards 2016!". DigitalConqurer.
  39. ↑ "ETPanache Trendsetter Awards 2016: Ananya Birla, Dipa Karmakar, Karan Johar emerge winners". The Economic Times. 18 October 2016.
  40. ↑ "ET Panache Fetes Young Trendsetters". Mumbai: Times of India. 17 October 2016. Archived from the original on 25 March 2017. Retrieved 24 March 2017.
  41. ↑ "Search for News, Stock Quotes & NAV's The winners of the ETPanache Trendsetter Awards 2016". The Economic Times. 17 October 2016.
  42. ↑ "List of 2011 Young Global Leaders Honourees" (PDF). World Economic Forum. 20 April 2011.
  43. ↑ Talent needs opportunity (annual review of activities (2005 - 2006) - Airtel) (PDF). Bharti Foundation. p. 15.[ permanent dead link ]
  44. ↑ "BCEI invites nominations for the Bharti Entrepreneur of the Year Award 2008". Business Standard. 24 November 2008.
  45. ↑ "Registrar Constituency Statement" (PDF). Icann.org. 12 July 2005.
  46. ↑ New, William (13 July 2015). "ICANN's Process For Strategic Plan, .Net Domain Renewal Questioned". Ip-watch.org.

Commons-logo.svg Media related to Bhavin Turakhia at Wikimedia Commons

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.