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 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]
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]
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]