BENGALURU — Bhavin Turakhia launched a new venture named Neo in July 2026, investing $30 million of his own money into the enterprise work platform. The platform, which integrates project management, documents, file storage, and AI, began internal use in April 2026.

Neo has been utilized across Turakhia's existing companies, including Zeta, during its internal testing phase. The company plans to introduce its software to mid-sized businesses in the coming months. Neo is intended to be model-agnostic, allowing enterprises to switch between different AI models.

In July 2026, Turakhia indicated the speed of development for the new platform. He stated that Neo's initial platform was built in three months. Turakhia noted that without generative AI, this initial platform would have required more than a year to build, even with a larger engineering team. "If you want to build an iPhone, you can't take the parts of a Nokia and somehow convert it into an iPhone," Turakhia stated.

Neo currently employs approximately 45 people, including 18 engineers. The company anticipates expanding its workforce to around 100 employees by the end of 2026, with most new hires focusing on AI and software engineering. Turakhia also projected the potential market impact of Neo. "Even if we end up with 2% to 5% market share, that's larger than anything I've built so far," he said.

Why It Matters

This initiative represents a personal investment by Bhavin Turakhia into a new enterprise work platform that combines multiple functionalities with artificial intelligence. The rapid development timeline and planned expansion into mid-sized businesses indicate a strategic move in the competitive software market, leveraging AI advancements. The platform's prior internal testing within Turakhia's other ventures, such as Zeta, suggests a phased rollout approach for the technology.