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Bhavin Turakhia
Indian businessman From Wikipedia, the free encyclopedia
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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]
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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]
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Awards and recognition
- Ranked #95, with a net worth of US$1.3 billion, on the Forbes list of India's 100 Richest People (2016).[7][34][35]
- Serial Entrepreneur of the Year and Entrepreneur of the Year in Innovation and Technology by Entrepreneur (2016).[36][37][38]
- The ETPanache Trendsetter Award by The Economic Times (2016).[39][40][41]
- Young Global Leader by the World Economic Forum (WEF) in Geneva (2011).[42]
- Bharti Entrepreneur of the Year award by the Bharti Foundation & the Entrepreneurship Development Institute of India (2005).[43][44]
- Chairperson of the Internet Corporation for Assigned Names and Numbers (ICANN)'s Registrar Constituency for several terms.[45][46]
See also
References
External links
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