Launch · Enterprise Software & IT

Bhavin Turakhia launches Neo with $30 million personal investment

By Startup Enthusiast · 13 July 2026

What they do

Neo is an enterprise AI startup that centralizes organizational knowledge to improve workflow efficiency

Founder Bhavin Turakhia invested $30 million of his own money to launch the company and its products

The platform currently serves Zeta and Titan while targeting mid-sized enterprises in the coming months

Bhavin Turakhia has launched Neo, a new enterprise AI startup focused on organizational knowledge management.
Turakhia funded the venture with $30 million of his own personal investment.
The company aims to solve the problem of scattered knowledge across tools and employees.
Neo’s platform centralizes context to make AI a first-class participant in business workflows.
The team consists of fewer than 20 engineers who built the product in under three months.
Current deployments include clients such as Zeta and Titan.
The rollout target for mid-sized enterprises is set for the coming months.
Turakhia announced the launch via an X post highlighting his previous ventures.

Turakhia previously founded Directi in 1998 with an initial investment of ₹25,000.
He cofounded Zeta, which reached a valuation of roughly $2 billion.
His earlier assets Directi and Media.net were sold for significant sums in the past.
This launch marks another major entry into the competitive enterprise software market.

Neo offers Friday, an AI assistant and coworker platform integrated with enterprise SaaS.
The Tasket product enables AI-enabled task management with delegation to AI agents.
Studio is an AI-native knowledge management platform designed for organizational data.
Drive facilitates file sharing for collaboration between AI agents and human employees.
The core function is to centralize organizational knowledge to enhance AI effectiveness.
The startup targets mid-sized enterprises for future deployment and growth.
It competes directly with established players like Microsoft Copilot and Google Gemini.
The product suite addresses workflow participation and knowledge accessibility for businesses.

Product: wealth and asset management firm
Customers: High-net-worth individuals, ultra-high-net-worth individuals, and family offices.
How it makes money: Advisory fees, management fees, and performance-linked fees on client assets under management.
What sets it apart: Manages over Rs 1.3 lakh crore in client assets across advisory and asset management operations in over 30 cities.