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Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

Indian serial entrepreneur Bhavin Turakhia is making a $30 million personal bet that there is still room for another enterprise AI company.

Source Summary Published July 2, 2026 Brief Under 1 min brief
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Indian serial entrepreneur Bhavin Turakhia is making a $30 million personal bet that there is still room for another enterprise AI company. His new venture, Neo , is built on a simple premise: Workplace software designed before the AI era cannot simply be upgraded with chatbots — it has to be redesigned from the ground up. Turakhia, 46, is no stranger to ambitious enterprise technology bets.

Read original at Techcrunch

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