Bhavin Turakhia (born 21 December 1979) is a
serial entrepreneur
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
, and the founder of
Titan,
Flock, Radix,
CodeChef
Code-Chef is an online educational program and competitive programming community of global programmers. Code-Chef started as an educational initiative in 2009 by Directi, an Indian software company. In 2020, it became owned by Unacademy.
Alon ...
and
Zeta
Zeta (, ; uppercase Ζ, lowercase ζ; grc, ζῆτα, el, ζήτα, label= Demotic Greek, classical or ''zē̂ta''; ''zíta'') is the sixth letter of the Greek alphabet. In the system of Greek numerals, it has a value of 7. It was derived f ...
.
In 2016, Bhavin, a billionaire, was ranked as the 95th richest person in India, with a net worth of US$1.3 billion, along with his brother
Divyank Turakhia, according to ''
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
''.
He has been honored as a 2011
Young Global Leader
Forum of Young Global Leaders, or Young Global Leaders (YGL), was created by Klaus Schwab, founder of the World Economic Forum. The YGL, a non-profit organization managed from Geneva, Switzerland, is under the supervision of the Swiss government ...
by the
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...
.
Early life
Currently based i
London Bhavin was born in
Mumbai
Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
in a middle class
Jain
Jainism ( ), also known as Jain Dharma, is an Indian religion. Jainism traces its spiritual ideas and history through the succession of twenty-four tirthankaras (supreme preachers of ''Dharma''), with the first in the current time cycle being ...
family. He did his schooling from Arya Vidya Mandir,
Bandra.
He attended
D.G. Ruparel College to study science and later dropped out and then completed his bachelor's degree in commerce from
Sydenham College of Commerce and Economics
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-accreditat ...
.
Career
In 1998 with a capital of ₹25,000 (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.
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.
He currently operates
Titan,
Flock, Radix and
Zeta
Zeta (, ; uppercase Ζ, lowercase ζ; grc, ζῆτα, el, ζήτα, label= Demotic Greek, classical or ''zē̂ta''; ''zíta'') is the sixth letter of the Greek alphabet. In the system of Greek numerals, it has a value of 7. It was derived f ...
.
In July 2019, hi
banking techventur
Zetareceived an investment from
Sodexo at a valuation of $300 million. In 2021, Zeta secure
$250 millionin investment from
SoftBank
is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the Vi ...
Vision Fund 2. This Series C investment values Zeta at $1.45 billion.
In August 2021
Titan the professional email service founded by Bhavin, received a $30 million investment from Automattic, valuing Titan at $300 million.
Awards and recognition
* Ranked #95, with a net worth of US$1.3 billion, on the
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
list of India's 100 Richest People (2016).
* Serial Entrepreneur of the Year and Entrepreneur of the Year in Innovation and Technology by
Entrepreneur (magazine)
''Entrepreneur'' is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. The magazine was first published in 1977. It is published by ''Entrepreneur Media Inc''., headquartere ...
(2016).
* The ETPanache Trendsetter Award by
The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language bu ...
(2016).
*
Young Global Leader
Forum of Young Global Leaders, or Young Global Leaders (YGL), was created by Klaus Schwab, founder of the World Economic Forum. The YGL, a non-profit organization managed from Geneva, Switzerland, is under the supervision of the Swiss government ...
by the
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...
(WEF) in
Geneva
, neighboring_municipalities= Carouge, Chêne-Bougeries, Cologny, Lancy, Grand-Saconnex, Pregny-Chambésy, Vernier, Veyrier
, website = https://www.geneve.ch/
Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevr ...
(2011).
* Bharti Entrepreneur of the Year award by the
Bharti Foundation
Bharti Foundation is the philanthropic arm of Bharti Enterprises, an Indian business conglomerate based in New Delhi. It conducts free programs in both primary and higher education for the underprivileged children, with a particular focus on girls. ...
& the Entrepreneurship Development Institute of India (2005).
* Chairperson of the
Internet Corporation for Assigned Names and Numbers
The Internet Corporation for Assigned Names and Numbers (ICANN ) is an American multistakeholder group and nonprofit organization responsible for coordinating the maintenance and procedures of several databases related to the namespaces ...
(ICANN)'s Registrar Constituency for several terms.
See also
*
List of Indian entrepreneurs
This is a list of notable Indian entrepreneurs.
References
{{Lists of people considered founders by specific groups, state=autocollapse
Entrepreneurs
Entrepreneurship is the creation or extraction of economic value. With this defi ...
*
List of Internet entrepreneurs
*
Information Technology Act, 2000
The Information Technology Act, 2000 (also known as ITA-2000, or the IT Act) is an Act of the Indian Parliament (No 21 of 2000) notified on 17 October 2000. It is the primary law in India dealing with cybercrime and electronic commerce.
Secon ...
*
Legal aspects of computing
References
External links
Official websiteBhavin & Divyank Turakhiaat
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
Bhavin Turakhia's Interviewat
Businessworld
''BusinessWorld'' is a business newspaper in the Philippines with a nationwide circulation of more than 117,000 (as of March 2014). Founded in 1967 as ''Business Day'', it is Southeast Asia's first daily business newspaper.
History
''Busin ...
How Turakhia duo spends the moolah!at
Economic TimesBhavin Turakhia's interviewat
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
How Bhavin Turakhia is building a 'bank in a box' stackat
Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international busin ...
{{DEFAULTSORT:Turakhia, Bhavin
1979 births
Gujarati people
Indian billionaires
Indian chief executives
Indian industrialists
Living people
University of Mumbai alumni
Businesspeople from Mumbai