Bhavin Turakhia Commits $30 Million of His Own Money to Enterprise AI Platform Neo

Bhavin Turakhia is investing $30 million of his own money in Neo, an enterprise work platform that combines project management, documents, file storage, and AI. @techcrunch reported the personal commitment from the 46-year-old serial entrepreneur. Turakhia has co-founded Directi, Radix, Titan, and banking software firm Zeta.

He is applying the same self-funding approach used at those companies to Neo. The platform launched internally in April 2026 and has operated inside his existing businesses, including Zeta, for the past few months. Neo was designed from the ground up to treat AI as an active participant in daily workflows rather than an add-on assistant.

It is model-agnostic, allowing users to switch between different AI providers. Turakhia said the initial version was completed in three months with extensive AI assistance during development, a process he estimates would have required more than a year and a larger engineering team before generative AI tools existed.

The Bengaluru-based startup currently employs about 45 people, including 18 engineers.

Turakhia told @techcrunch the company expects to reach around 100 employees by the end of 2026, with most new hires focused on AI and software engineering. Rollout to mid-sized businesses is scheduled to begin in the coming months, starting with knowledge workers in technology, consulting, and professional services.

Investor Chamath Palihapitiya followed a similar self-funding path before raising $135 million this week for his enterprise AI coding venture 8090.

Microsoft, Google, and Salesforce are embedding AI across their workplace products while startups compete in the same space. Turakhia said enterprise software has never been a winner-takes-all market. “Even if we end up with 2% to 5% market share, that’s larger than anything I’ve built so far,” he said.