Bhavin Turakhia
| Bhavin Turakhia | |
|---|---|
Bhavin Turakhia
|
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| Born |
21 December 1979 Mumbai, Maharashtra, India |
| Alma mater |
Arya Vidya Mandir D. G. Ruparel College of Arts, Science and Commerce Sydenham College of Commerce and Economics |
| Occupation | |
| Known for | Directi, Media.net, Radix, Ringo, Flock, Zeta, and CodeChef |
| Net worth |
 US$1.3 billion (2016) |
Bhavin Turakhia (born 21 December 1979) is an Indian entrepreneur, billionaire, CEO, and co-founder of Directi. He is also the founder and CEO of Flock, Radix, CodeChef, and Ringo, as well as the co-founder of Media.net and Zeta. In 2016, Bhavin was ranked as the 95th richest person in India, with a net worth of US$1.3 billion, along with his brother Divyank Turakhia, according to Forbes. He has been honored as a 2011 Young Global Leader by the World Economic Forum.
Born in Mumbai, he did his schooling from Arya Vidya Mandir, Bandra. He attended D.G. Ruparel College to study science and later completed his bachelor's degree in commerce from Sydenham College of Commerce and Economics.
In 1998 with a capital of ₹25,000 (US$375), Bhavin Turakhia at the age of 18, started his first tech venture Directi with his brother Divyank Turakhia.
In 2014, Bhavin and Divyank sold four of their web presence companies – BigRock, LogicBoxes, ResellerClub, and Webhosting.info – to Nasdaq-listed U.S.-based web-hosting firm Endurance International Group, for $160 million.
In August 2016, Bhavin and Divyank Turakhia sold off their Dubai and New York-based ad-technology company Media.net, founded in 2010, to Chinese investors for $900 million. This is the third largest ad-tech deal in history and amongst the largest bootstrapped cash exits worldwide.
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