Indian entrepreneur bets $30M to build AI-native workplace software

What happened

Bhavin Turakhia, an Indian serial entrepreneur, is investing $30 million（約48億円） of his own money to launch Neo, an enterprise work platform that combines project management, documents, file storage, and AI. The company was launched internally in April and plans to roll out to mid-sized businesses in the coming months, initially targeting knowledge workers in technology, consulting, and professional services.

Why it matters

Turakhia argues that workplace software designed before the AI era cannot simply be upgraded with chatbots—it must be rebuilt from the ground up for AI. Neo is model-agnostic, allowing enterprises to switch between AI providers rather than being locked into one. Even a small market share (2% to 5%) would create a company larger than anything Turakhia has built before, according to his estimate.

What to watch

Neo currently has about 45 employees, including 18 engineers, and expects to grow to around 100 by the end of the year, with most new hires focused on AI and software engineering. The initial platform was built in three months with extensive AI use in development—work Turakhia estimates would have taken more than a year with a traditional larger engineering team.