Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office
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Serial entrepreneur Bhavin Turakhia is self-funding a $30 million bet on Neo, a new enterprise work platform designed from scratch for the AI era. Neo combines project management, documents, file storage, and AI into a single product, positioning itself as an alternative to Microsoft Office and Google Workspace. Turakhia argues that legacy workplace software cannot be meaningfully upgraded with AI bolt-ons and must be rebuilt entirely. Built in just three months using AI-assisted development, Neo is currently in internal use across Turakhia's companies and plans to roll out to mid-sized businesses soon. The startup has 18 engineers and aims to grow to 45 by year-end.