Bhavin Turakhia | |
---|---|
Born | Mumbai, Maharashtra, India | 21 December 1979
Alma mater | Arya Vidya Mandir D. G. Ruparel College of Arts, Science and Commerce Sydenham College of Commerce and Economics |
Occupations | |
Known for | Directi, Titan, Radix, Ringo, Flock, Zeta, and CodeChef |
Bhavin Turakhia (born 21 December 1979) is a serial 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 has been honored as a 2011 Young Global Leader by the World Economic Forum.[10][11][12]
Currently based in London,[13] 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[14] to study science and later dropped out[15] and then completed his bachelor's degree in commerce from Sydenham College of Commerce and Economics.[16][17]
In 1998 with a capital of ₹25,000[18][19] (equal to roughly US$675 in 1998), Bhavin Turakhia at the age of 18, started his first tech venture Directi with his brother Divyank Turakhia.[20][5][21]
In 2014, Bhavin and Divyank sold four of their web presence companies – BigRock, LogicBoxes, ResellerClub, and Webhosting.info – to Nasdaq-listed U.S.-based web-hosting firm Endurance International Group, for $160 million.[22][23]
He currently operates Titan,[24][2] Flock,[25] Radix and Zeta.[26][27]
In July 2019, his banking tech[28] venture Zeta[29] received an investment from Sodexo at a valuation of $300 million.[30][31] In 2021, Zeta secured $250 million[32] in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion.
In August 2021, Titan,[33] the professional email service founded by Bhavin, received a $30 million investment from Automattic, valuing Titan at $300 million.[2]