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] He 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 , Reseller Club, 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 in investment from SoftBank Vision Fund 2.[ 28] 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