Bhavin Turakhia to invest $25 mn more in enterprise messenger Flock

Bhavin-Turakhia23Billionaire Bhavin Turakhia plans to invest $25 million in enterprise team messenger app Flock to enhance product innovation and meet global demand, the company said in a statement. As the company closes in on US-based Slack, which offers a chat and messaging app for businesses, for a larger share of the enterprise market, it also […]

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“I am open to the idea of taking external funds,” says Bhavin Turakhia

Bhavin-Turakhia23The Turakhia brothers, who are known to have turned billionaires by selling their bootstrapped startups which they built and scaled up without raising any external funds, are open to the idea of getting investors on board for their fintech venture Zeta. “There seems to be a general notion that I am not open to taking […]

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Turakhia brothers sell ad-tech firm Media.net to Chinese investors for $900 mn

A group of Chinese investors has acquired contextual advertising company Media.net, founded by serial entrepreneur Divyank Turakhia in 2010, for $900 million in cash. Dubai- and New York-based Media.net provides products for both publishers and advertisers. It provides contextual ads offered by Yahoo Inc and Microsoft Corp’s Bing search engine. The Chinese consortium is led […]

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Startup action plan criteria leaves 60% ventures ineligible: Bhavin Turakhia

Bhavin-TurakhiaThere have been several strong reactions to the Modi government’s announcement of the ambitious Startup Action Plan at the Startup India event on January 16. The government is certainly taking steps in the right direction with this plan for helping to improve the startup ecosystem in the country. From the perspective of startups, measures on […]

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How Bhavin Turakhia is trying to disrupt corporate meal voucher business

Bhavin-TurakhiaSerial tech entrepreneur Bhavin Turakhia’s digital payments platform Zeta has rolled out its first product – Zeta Meal Vouchers –which aims to provide employees access to corporate meal vouchers at the click of an app. “The corporate benefits and expense management is Zeta’s first vertical, under which the first product is Zeta Meal Vouchers,” Turakhia […]

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How Bhavin Turakhia is trying to disrupt corporate meal voucher business

Bhavin-TurakhiaSerial tech entrepreneur Bhavin Turakhia’s digital payments platform Zeta has rolled out its first product – Zeta Meal Vouchers –which aims to provide employees access to corporate meal vouchers at the click of an app. “The corporate benefits and expense management is Zeta’s first vertical, under which the first product is Zeta Meal Vouchers,” Turakhia […]

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Ringo suspends low-cost local calls, blames carriers

Ringo has suspended its recently launched low-cost domestic calling service after some telecom carriers allegedly blocked the app from functioning on their networks. The service has been unavailable since Monday. “As it stands, until we manage to get an intervention from relevant regulatory authorities to unblock our service, none of our domestic calls are going […]

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