Interesting facts of Bhavin Turakhia, Founder and CEO of Directi
Mar 4, 2020, 16:50 IST
Bhavin Turakhia, the serial entrepreneur who found five companies is a role model for a number of aspiring entrepreneurs. Starting his first company as early as 17 years, he rose up to create a list of firms driven by his belief, “It is our moral obligation to make an impact that is proportionate to our potential”. Through a series of technology-led innovations, he strove through his ventures to solve problems and maximizing efficiency, which he kept as the watchwords behind every achievement.
Some interesting facts about Bhavin Turakhia that will inspire you.
He founded three companies at the age of 17
Bhavin Turakhia co-founded Resellerclub, Logicboxes and BigRock at the age of 17. In 2014, all these companies were sold in a deal worth $160 million. At present, he heads Radix, a leader in registry for top-rated extensions, Flock, a portfolio of productivity apps, and Zeta, a platform for digital payments.
Education and childhood
He attended the Arya Vidya Mandir school in Bandra , Mumbai and later, enrolled himself DG Ruparel College only to drop the course midway. In an interview with the BBC , he said he discontinued the course since he learnt most of the syllabus himself. He then moved to complete his bachelor’s degree in commerce from Sydenham College of Commerce and Economics.
As a child, he dedicated a lot of time to coding. Their father bought the first coding book at the age of eight. “ I would spend all of my short breaks, lunch breaks, several hours after school every day. My dad would buy me tons of programming books, and I would go through them one after another. I went through more than 25, 30 different books to learn programming and GW-BASIC, Visual Basic, and CC++ on MS-DOS back in the day.
Turakhia is worth $1.3 bilion
In 2016, Forbes ranked him along with his brother Divyank Turakhia as the 95th richest person in India credited with a net worth of US$ 1.3 billion. The World Economic Forum honored him as Young Global leader in 2011.
According to Forbes, the Turakhia brothers were millionaires even before they were 20 years old. Their networth rose to $300 million in their mid-20s. They are among the youngest billionaires in the country.
His mantra for success
‘Family matters a lot’
Turakhia has a strong opinion that family plays a big role in shaping every individual. Talking about his father, he says, “Everything I am today is in many ways thanks to my father. He used to work from nine to nine everyday just to make ends meet. But this is what he used to say. Sometimes we’d be like, ‘Dad, we know’. But the number of times it was repeated, you really internalize it.”
Future plans to venture US with ZETA
The four-year old Zeta, started with Indian banks, and subsequently branched out to countries like Brazil, the Philippines, and Vietnam. But now Turakhia has plans to take Zeta to US and other European markets like Italy and Spain.
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Some interesting facts about Bhavin Turakhia that will inspire you.
He founded three companies at the age of 17
Bhavin Turakhia co-founded Resellerclub, Logicboxes and BigRock at the age of 17. In 2014, all these companies were sold in a deal worth $160 million. At present, he heads Radix, a leader in registry for top-rated extensions, Flock, a portfolio of productivity apps, and Zeta, a platform for digital payments.
Education and childhood
He attended the Arya Vidya Mandir school in Bandra , Mumbai and later, enrolled himself DG Ruparel College only to drop the course midway. In an interview with the BBC , he said he discontinued the course since he learnt most of the syllabus himself. He then moved to complete his bachelor’s degree in commerce from Sydenham College of Commerce and Economics.
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As a child, he dedicated a lot of time to coding. Their father bought the first coding book at the age of eight. “ I would spend all of my short breaks, lunch breaks, several hours after school every day. My dad would buy me tons of programming books, and I would go through them one after another. I went through more than 25, 30 different books to learn programming and GW-BASIC, Visual Basic, and CC++ on MS-DOS back in the day.
Turakhia is worth $1.3 bilion
In 2016, Forbes ranked him along with his brother Divyank Turakhia as the 95th richest person in India credited with a net worth of US$ 1.3 billion. The World Economic Forum honored him as Young Global leader in 2011.
According to Forbes, the Turakhia brothers were millionaires even before they were 20 years old. Their networth rose to $300 million in their mid-20s. They are among the youngest billionaires in the country.
His mantra for success
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The billionaire entrepreneur says his mantra for success was a quote which his father often used to say, ‘You can achieve anything you set your mind to’. Turakhia says this mantra ringed in his ears all the time steering his journey towards success. ‘Family matters a lot’
Turakhia has a strong opinion that family plays a big role in shaping every individual. Talking about his father, he says, “Everything I am today is in many ways thanks to my father. He used to work from nine to nine everyday just to make ends meet. But this is what he used to say. Sometimes we’d be like, ‘Dad, we know’. But the number of times it was repeated, you really internalize it.”
Future plans to venture US with ZETA
The four-year old Zeta, started with Indian banks, and subsequently branched out to countries like Brazil, the Philippines, and Vietnam. But now Turakhia has plans to take Zeta to US and other European markets like Italy and Spain.
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