Bhavin Turakhia's $30M AI Bet Redefines Workplace

Indian serial entrepreneur Bhavin Turakhia has personally invested $30 million to launch Neo, a new enterprise AI company. Turakhia believes that workplace software predating the AI era needs fundamental redesign, not just upgrades. Neo is built from the ground up with AI integration as its core principle, combining project management, documents, and file storage into a single platform. This approach aims to make AI a seamless participant in daily work, unlike existing solutions that he argues face structural disadvantages in integrating AI.

Turakhia, who has previously co-founded ventures like Directi and Zeta, is bootstrapping Neo with his personal capital, likening the AI shift to building an iPhone rather than modifying a Nokia. Neo is designed to be model-agnostic, allowing businesses flexibility in choosing AI models. The company, based in Bengaluru with about 18 engineers, plans to expand its team and begin rolling out the software to mid-sized businesses in the technology, consulting, and professional services sectors in the coming months.