Bhavin Turakhia Funds Neo With $30 Mn

Turakhia announced Neo with a personal investment of $30 Mn, turning his next software bet towards enterprise AI workflow tools.

The new startup is built around the problem of organisational knowledge being split across enterprise apps, files and employees, which Turakhia said makes AI systems less useful inside companies.

Turakhia said Neo is meant to make AI a participant in daily workflows rather than a separate tab beside other tools.

The launch gives India another founder-led enterprise AI company, but the disclosed evidence is still mostly product scope, founder funding and internal deployment rather than public customer adoption.

Neo Suite Names Friday, Tasket, Studio And Drive

Neo currently has four named products.

Friday is described as an AI assistant, coworker and agent platform integrated with enterprise SaaS applications.

Tasket is an AI-enabled task management product that lets users delegate work to AI agents.

Studio is an AI-native knowledge management platform.

Drive is a file-sharing platform where AI agents and employees can work together on documents.

The product list shows that Neo is not only a chatbot wrapper.

Its pitch is to combine task delegation, knowledge management and document collaboration so that enterprise AI agents can operate with more context from company systems.

Neo Has Been Used Inside Zeta And Titan

Neo has been deployed across Turakhia's companies, including Zeta and Titan, and the platform is expected to roll out to mid-sized enterprises in the coming months.

That gives the startup internal operating evidence before a wider commercial launch, but it does not yet provide named external customers.

Turakhia said fewer than 20 engineers built the platform in under three months.

He also said the team made more progress in that period than it otherwise would have made in three years.

Those are founder-provided productivity claims, not independently audited benchmark results.

Directi And Zeta Give Neo A Founder Track Record

Turakhia's earlier company history is part of the launch context.

Inc42 reported that Bhavin and Divyank Turakhia founded Directi in 1998 with an initial investment of ₹25,000.

Inc42 reported that Directi later built BigRock, ResellerClub and CodeChef before selling web assets to Endurance International Group for around $160 Mn in 2014.

Inc42 reported that Turakhia later cofounded Media.net, which a Chinese consortium bought for close to $900 Mn in 2016.

He then built companies including Radix, Titan and Zeta.

Inc42 reported that Zeta, cofounded with Ramki Gaddipati in 2015, is now valued at roughly $2 Bn.

Neo is expected to compete across a broad enterprise software field that includes Microsoft Copilot, Google Gemini for Workspace, Notion AI, ClickUp, Asana and Atlassian.

Turakhia did not disclose Neo's pricing, paid customer names, enterprise rollout date, revenue, or independent performance benchmarks for the four-product suite.