Bhavin Turakhia (born 21 December 1979), is an

entrepreneur Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entreprene ...

, and the founder of

Titan Titan most often refers to: * Titan (moon), the largest moon of Saturn * Titans, a race of deities in Greek mythology Titan or Titans may also refer to: Arts and entertainment Fictional entities Fictional locations * Titan in fiction, fictiona ...

, Flock, Radix,

CodeChef CodeChef is an online programming platform that empowers learners to master coding through structured courses, thousands of practice problems, and regular contests. It offers beginner-friendly paths in languages like Python, C++, and Java, along ...

, and

Zeta Zeta (, ; uppercase Ζ, lowercase ζ; , , 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 from the Phoenician alphabet, Phoenician letter zay ...

. In 2016, Bhavin, a billionaire, was ranked as the 95th richest person in India, along with his brother Divyank Turakhia, according to ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

''. He was a 2011 Young Global Leader by the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...

Early life

Bhavin was born in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

in a middle-class Jain family. He did his schooling from Arya Vidya Mandir, Bandra. He attended D.G. Ruparel College to study science and later dropped out. He completed his bachelor's degree in commerce from

Sydenham College of Commerce and Economics Sydenham College of Commerce and 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 r ...

. As of 2017, he is based in London.

Career

In 1998, at the age of 18 and with a capital of ₹25,000 (equal to roughly US$675 in 1998), Bhavin Turakhia started his first tech venture Directi with his brother Divyank Turakhia. 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. In July 2019, his banking tech venture Zeta received an investment from

Sodexo Sodexo (formerly Sodexho Alliance) is a French food services and facilities management company headquartered in the Paris suburb of Issy-les-Moulineaux. It has 522,000 employees as of 2023, operates in 55 countries and serves 100 million custome ...

at a valuation of $300 million. In 2021, Zeta secured $250 million in investment from

SoftBank is a Japanese multinational Investment company, investment holding company headquartered in Minato, Tokyo, that focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services ...

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. As of 2022, Bhavin operates companies

, Flock, Radix and

Awards and recognition

* Ranked #95, with a net worth of US$1.3 billion, on the ''

'' list of India's 100 Richest People (2016). * Serial Entrepreneur of the Year and Entrepreneur of the Year in Innovation and Technology by ''Entrepreneur'' (2016). * The ETPanache Trendsetter Award by ''

The Economic Times ''The Economic Times'' is an Indian English-language business-focused daily newspaper. Owned by The Times Group, ''The Economic Times'' began publication in 1961 and it is sold in all major cities in India. As of 2012, it is the world's secon ...

'' (2016). * Young Global Leader by the

(WEF) in

Geneva Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the ca ...

(2011). * Bharti Entrepreneur of the Year award by the Bharti Foundation & 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 a global multistakeholder group and nonprofit organization headquartered in the United States responsible for coordinating the maintenance and procedures of several dat ...

(ICANN)'s Registrar Constituency for several terms.

References

External links

Bhavin Turakhia's Interview
at Businessworld
How Turakhia duo spends the moolah!
at Economic Times
Bhavin Turakhia's interview
at

How Bhavin Turakhia is building a 'bank in a box' stack
at

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 busi ...

{{DEFAULTSORT:Turakhia, Bhavin 1979 births Gujarati businesspeople Indian billionaires Indian chief executives Indian industrialists Living people University of Mumbai alumni Businesspeople from Mumbai

Early life

Career

Awards and recognition

See also

References

External links