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>Shubhsham m (Made some grammatical corrections. Added a new funding round that Bhavin raised for his company Zeta. Added two new interviews in external link.) |
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{{Short description|Indian businessman}} | |||
{{Use dmy dates|date=January 2019}} | {{Use dmy dates|date=January 2019}} | ||
{{Use Indian English|date=January 2019}} | {{Use Indian English|date=January 2019}} | ||
{{Infobox person | {{Infobox person | ||
| name = Bhavin Turakhia | | name = Bhavin Turakhia | ||
| image = Bhavin Turakhia.jpg | | image = Bhavin Turakhia.jpg | ||
| image_size = | | image_size = | ||
| caption = Bhavin Turakhia | | caption = Bhavin Turakhia | ||
| birth_date = {{Birth date and age|1979|12|21|df=yes}} | | birth_date = {{Birth date and age|1979|12|21|df=yes}} | ||
| birth_place = [[Mumbai]], [[Maharashtra]], India | | birth_place = [[Mumbai]], [[Maharashtra]], India | ||
| nationality = | | nationality = | ||
| alma_mater = Arya Vidya Mandir<br>[[D. G. Ruparel College of Arts, Science and Commerce]]<br>[[Sydenham College of Commerce and Economics]] | | alma_mater = Arya Vidya Mandir<br>[[D. G. Ruparel College of Arts, Science and Commerce]]<br>[[Sydenham College of Commerce and Economics]] | ||
| occupation = {{unbulleted list| CEO & founder of Directi, [[Flock (messaging service)|Flock]], Radix and [[Ringo (software)|Ringo]] | Co-founder of Zeta }} | | occupation = {{unbulleted list| CEO & founder of Directi, [[Titan (email)|Titan]], [[Flock (messaging service)|Flock]], Radix and [[Ringo (software)|Ringo]] | Co-founder of Zeta }} | ||
| known_for | | known_for = Directi, [[Titan (email)|Titan]], Radix, [[Ringo (software)|Ringo]], [[Flock (messaging service)|Flock]], [[Zeta India|Zeta]], and [[CodeChef]] | ||
| website = | | website = | ||
| footnotes = | | footnotes = | ||
| networth = {{increase}}[[United States dollar|US$]]1.3 [[1,000,000,000 (number)|billion]] (2016)<ref>[https://www.forbes.com/profile/bhavin-divyank-turakhia/ Bhavin Turakhia Profile]. [[Forbes.com]]. Retrieved 9 October 2016.</ref> | | networth = {{increase}}[[United States dollar|US$]]1.3 [[1,000,000,000 (number)|billion]] (2016)<ref>[https://www.forbes.com/profile/bhavin-divyank-turakhia/ Bhavin Turakhia Profile]. [[Forbes.com]]. Retrieved 9 October 2016.</ref> | ||
| relations = | | relations = | ||
}} | }} | ||
'''Bhavin Turakhia''' (born 21 December 1979) is a | '''Bhavin Turakhia''' (born 21 December 1979) is a serial entrepreneur,<ref>{{cite news |title=Video I followed my father's advice and became a billionaire |url=https://www.bbc.com/news/av/business-50268357/i-followed-my-father-s-advice-and-became-a-billionaire |work=[[BBC]] |date=6 November 2019}}</ref> and the founder of [[Titan (email)|Titan]], [[Flock (messaging service)|Flock]], Radix, [[CodeChef]] and [[Zeta India|Zeta]]. He is the CEO of Titan, Flock, and Zeta.<ref name=":0">{{Cite news |date=2021-08-03 |title=Automattic Values Business-Email Startup Titan at $300 Million |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2021-08-03/automattic-values-business-email-startup-titan-at-300-million |access-date=2022-06-14}}</ref><ref>{{cite news|title=Bhavin Turakhia to invest $25 mn in Flock, an enterprise team messenger|url=http://www.thehindubusinessline.com/markets/bhavin-turakhia-to-invest-25-mn-in-flock-an-enterprise-team-messenger/article9587411.ece|newspaper=[[The Hindu Business Line]]|date=15 March 2017}}</ref><ref name="AsianAge">{{cite news|last1=Banerjee|first1=Sudeshna|title=The winner takes it all|url=http://www.asianage.com/people/winner-takes-it-all-181|publisher=[[Asian Age]]|date=4 November 2016}}</ref><ref name="ET">{{cite news|last1=Mendonca|first1=Jochelle|title=Directi, founded by brothers Bhavin and Divyank Turakhia, to buy 1 lakh sq feet building|url=http://economictimes.indiatimes.com/small-biz/startups/directi-founded-by-brothers-bhavin-and-divyank-turakhia-to-buy-1-lakh-sq-feet-building/articleshow/54287458.cms|publisher=[[The Economic Times|Economic Times]]|date=19 September 2016}}</ref><ref>{{cite news|title=दो भाइयों की कंपनी, 25000 से शुरु की और 6000 करोड़ में चीन को बेच दी|url=http://www.livehindustan.com/news/business/article1-divyank-turakhia-sold-medianet-for-chinese-company--554287.html|publisher=Live Hindutan|date=27 August 2017|location=New Delhi|language=hi}}</ref><ref>{{cite news|title=These Stories Of Overnight Success Defy Logic|url=http://www.huffingtonpost.in/2016/12/29/these-stories-of-overnight-success-defy-logic/|publisher=[[Huffington Post]]|date=2 January 2017}}</ref><ref>{{cite news|last1=John|first1=Jesus|title=Making life less taxing for staff and employers|url=http://www.thehindubusinessline.com/specials/emerging-entrepreneurs/making-life-less-taxing-for-staff-and-employers/article8897928.ece|newspaper=[[The Hindu Business Line]]|date=25 July 2016}}</ref><ref>{{cite news|last1=Das|first1=Poulomi|title=This Indian tech company has one of the most fun hiring processes ever|url=http://www.businessinsider.in/This-Indian-tech-company-has-one-of-the-most-fun-hiring-processes-ever/articleshow/53544416.cms|publisher=[[Business Insider]]|date=4 August 2016}}</ref> In 2016, Bhavin, a billionaire<ref>{{cite news |title=Family matters: Bhavin Turakhia credits his father, humble beginnings for success |url=https://economictimes.indiatimes.com/magazines/panache/family-matters-bhavin-turakhia-credits-his-father-humble-beginnings-for-success/articleshow/72341438.cms |publisher=The Economic Times |date=Dec 3, 2019}}</ref> was ranked as the 95th richest person in India, with a net worth of US$1.3 billion, along with his brother [[Divyank Turakhia]], according to ''[[Forbes]]''.<ref name="Forbes">{{cite news|last1=Raghunathan|first1=Anuradha|title=Meet the technology whiz kids Bhavin and Divyank Turakhia|url=http://www.forbesindia.com/article/india-rich-list-2016/meet-the-technology-whiz-kids-bhavin-and-divyank-turakhia/44959/1|newspaper=[[Forbes India]]|date=1 December 2016}}</ref><ref>{{cite news|last1=Singh|first1=Rajiv|title=Bootstrapping – running a startup without equity funding is the better way forward|url=http://economictimes.indiatimes.com/small-biz/startups/bootstrapping-running-a-startup-without-equity-funding-is-the-better-way-forward/articleshow/50605934.cms|publisher=[[The Economic Times]]|date=18 January 2016}}</ref><ref>{{cite news|title=इस गुजराती ने 18 साल की उम्र में ही कर ली 8700 करोड़ की कमाई|url=http://www.bhaskar.com/news/GUJ-AHM-OMC-the-success-story-of-two-brother-bhavin-turakhia-and-divyank-turakhia-news-hindi-5465152.html|publisher=[[Daily Bhaskar]]|date=23 November 2016|language=hi}}</ref> He has been honored as a 2011 [[Young Global Leaders|Young Global Leader]] by the [[World Economic Forum]].<ref>{{cite news|title=Sanjay Chandra,11 other Indians among WEF Young Global Leaders|url=http://www.deccanherald.com/content/144514/sanjay-chandra11-indians-among-wef.html|publisher=[[Deccan Herald]]|date=9 March 2011|location=Geneva}}</ref><ref>{{cite news|title=12 Indians among WEF's Young Global Leaders|url=http://www.rediff.com/business/slide-show/slide-show-1-twelve-indians-among-wef-young-global-leaders/20110314.htm#13|work=[[rediff.com]]|date=14 March 2011}}</ref><ref>{{cite news|title=World Economic Forum names Bhavin Turakhia 'Young Global Leader 2011'|url=http://www.business-standard.com/article/press-releases/world-economic-forum-names-bhavin-turakhia-young-global-leader-2011-111031800125_1.html|publisher=[[Business Standard]]|date=18 March 2011}}</ref> | ||
== Early life == | == Early life == | ||
Currently based in [https://archive.factordaily.com/bhavin-turakhia-flock-slack/ London], Bhavin was born in [[Mumbai]] in a middle class [[Jain]] family, he did his schooling from | Currently based in [https://archive.factordaily.com/bhavin-turakhia-flock-slack/ London], Bhavin was born in [[Mumbai]] in a middle class [[Jain]] family, he did his schooling from Arya Vidya Mandir, [[Bandra]].<ref name="Forbes"/> He attended [[D.G. Ruparel College]]<ref>{{cite news|last1=Nair|first1=Sulekha|title=Never give up, take risks, hire best talent: Business lessons from Bhavin Turakhia|url=http://www.firstpost.com/business/never-give-up-take-risks-hire-best-talent-business-lessons-from-bhavin-turakhia-2997564.html|publisher=[[Firstpost]]|date=12 September 2016}}</ref> to study science and later dropped out<ref>{{Cite news|url=https://www.indiatimes.com/culture/who-we-are/successful-entrepreneurs-who-were-college-drop-outs-bhavin-turakhia-314210.html|title=Successful Entrepreneurs Who Were College Drop Outs - Bhavin Turakhia|date=2017-12-04|work=[[India Times]]|access-date=2020-05-07|language=en-US}}</ref> and then completed his bachelor's degree in commerce from [[Sydenham College of Commerce and Economics]].<ref>{{cite news|last1=Kurian|first1=Boby|last2=Sharma|first2=Samidha|title=Brothers born and bred in city sell e-firm for $900m|url=http://epaperbeta.timesofindia.com/Article.aspx?eid=31804&articlexml=Brothers-born-and-bred-in-city-sell-e-23082016001057|work=[[The Times of India]]|date=23 August 2016|location=Mumbai|access-date=24 March 2017|archive-date=25 March 2017|archive-url=https://web.archive.org/web/20170325031112/http://epaperbeta.timesofindia.com/Article.aspx?eid=31804&articlexml=Brothers-born-and-bred-in-city-sell-e-23082016001057|url-status=dead}}</ref><ref>{{cite news|title=India's Internet billionaires|url=https://www.telegraphindia.com/1160912/jsp/you/story_107607.jsp|publisher=[[Telegraph India]]|date=12 September 2016}}</ref> | ||
== Career == | == Career == | ||
In 1998 with a capital of ₹25,000<ref>{{cite news|url=http://www.deccanherald.fjfhcbxbc.com/content/587154/strength-start-ups.html|title=The strength of start-ups|last1=Bose|first1=Hiren|date=18 December 2016|publisher=[[Deccan Herald]]}}{{Dead link|date=October 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>[http://money.bhaskar.com/news/MON-INDU-STA-these-two-siblings-become-billionaires-after-selling-their-company-business-news-540237.html मुंबई के दो भाइयों ने 25 हजार को बनाया 9 हजार करोड़, 16 की उम्र बने थे बिजनेसमैन...] [[Daily Bhaskar]]. Retrieved 24 August 2016</ref> (US$ | In 1998 with a capital of ₹25,000<ref>{{cite news|url=http://www.deccanherald.fjfhcbxbc.com/content/587154/strength-start-ups.html|title=The strength of start-ups|last1=Bose|first1=Hiren|date=18 December 2016|publisher=[[Deccan Herald]]}}{{Dead link|date=October 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>[http://money.bhaskar.com/news/MON-INDU-STA-these-two-siblings-become-billionaires-after-selling-their-company-business-news-540237.html मुंबई के दो भाइयों ने 25 हजार को बनाया 9 हजार करोड़, 16 की उम्र बने थे बिजनेसमैन...] {{Webarchive|url=https://web.archive.org/web/20170325031659/http://money.bhaskar.com/news/MON-INDU-STA-these-two-siblings-become-billionaires-after-selling-their-company-business-news-540237.html |date=25 March 2017 }} [[Daily Bhaskar]]. Retrieved 24 August 2016</ref> (equal to US$675 in 1998), Bhavin Turakhia at the age of 18, started his first tech venture Directi with his brother [[Divyank Turakhia]].<ref name="ZeeNews">{{cite news|url=http://zeenews.india.com/business/news/companies/know-how-these-two-mumbai-brothers-turned-rs-25-thousand-into-rs-9000-crores_1922704.html|title=Know how these two Mumbai brothers turned Rs 25 thousand into Rs 9,000 crores|date=26 August 2016|publisher=[[Zee News]]}}</ref><ref name="ET"/><ref>{{cite news|last1=Sabharwal|first1=Punita|title=10 Takes From Bhavin Turakhia On Tech|url=https://www.entrepreneur.com/article/283186|publisher=[[Entrepreneur (magazine)|Entrepreneur]]|date=2 October 2016}}</ref><ref>{{cite news|title=16 साल में शुरुआत, आज 1400 कर्मचारी और 400 मिलियन डॉलर की कंपनी|url=http://www.bhaskar.com/news/EDUC-SUST-an-entrepreneur-divyank-turakhia-and-making-a-company-of-400-million-5238560-PHO.html|publisher=[[Daily Bhaskar]]|date=2 February 2016}}</ref><ref>{{cite news|title=पिता से लिया 25000 का लोन और अब 9000 करोड़ की कंपनी के मालिक|url=http://naidunia.jagran.com/maharashtra-mumbai-born-siblings-divyank-turakhia-bhavin-turakhia-turn-billionaires-with-sale-of-medianet-804902|publisher=[[Dainik Jagran|Nai Dunia]]|date=26 August 2016|language=hi}}</ref> | ||
In 2014, Bhavin and Divyank sold four of their web presence companies – BigRock, [[LogicBoxes]], ResellerClub, and Webhosting.info – to [[Nasdaq]]-listed U.S.-based web-hosting firm [[Endurance International Group]], for $160 million.<ref>{{cite news|last1=Arora|first1=Varun|title=We will set up family office soon, says Bhavin Turakhia|url=http://www.vccircle.com/news/media-entertainment/2016/08/26/we-will-set-family-office-soon-says-bhavin-turakhia|publisher=[[VCCircle]]|date=26 August 2016}}</ref><ref>{{cite news|last1=Modgil|first1=Shweta|title=It's Our Moral Obligation To Make An Impact Directly Proportional To Our Potential: Bhavin Turakhia, Co-Founder, Directi Group|url=https://inc42.com/startups/interviews/bhavin-turakhia-directi/|access-date=24 March 2017|publisher=Inc42.com|date=10 January 2017}}</ref> | In 2014, Bhavin and Divyank sold four of their web presence companies – BigRock, [[LogicBoxes]], ResellerClub, and Webhosting.info – to [[Nasdaq]]-listed U.S.-based web-hosting firm [[Endurance International Group]], for $160 million.<ref>{{cite news|last1=Arora|first1=Varun|title=We will set up family office soon, says Bhavin Turakhia|url=http://www.vccircle.com/news/media-entertainment/2016/08/26/we-will-set-family-office-soon-says-bhavin-turakhia|publisher=[[VCCircle]]|date=26 August 2016}}</ref><ref>{{cite news|last1=Modgil|first1=Shweta|title=It's Our Moral Obligation To Make An Impact Directly Proportional To Our Potential: Bhavin Turakhia, Co-Founder, Directi Group|url=https://inc42.com/startups/interviews/bhavin-turakhia-directi/|access-date=24 March 2017|publisher=Inc42.com|date=10 January 2017}}</ref> | ||
He currently operates [[Flock (messaging service)|Flock]],<ref>{{cite news|last1=Shaikh|first1=Shadma|title=Bhavin Turakhia invests $25 mn in enterprise messenger Flock for expansion|url=http://economictimes.indiatimes.com/small-biz/money/bhavin-turakhia-invests-25-mn-in-enterprise-messenger-flock-for-expansion/articleshow/57654006.cms|access-date=24 March 2017|publisher=[[The Economic Times|Economic Times]]|date=16 March 2017}}</ref><ref>{{cite news|last1=Singh|first1=Arti|title=Bhavin Turakhia to invest $25 mn more in enterprise messenger Flock|url=http://www.vccircle.com/news/technology/2017/03/16/bhavin-turakhia-adds-25-mn-more-enterprise-messenger-flock-expansion?logintype=premium|publisher=[[VCCircle]]|date=16 March 2017}}</ref><ref>{{cite news|title=VENTURE DEALS|url=http://fortune.com/2017/03/16/term-sheet-thursday-march-16/|publisher=[[Fortune (magazine)|Fortune]]|date=16 March 2016}}</ref> | He currently operates [[Titan (email)|Titan]],<ref>{{Cite web |last=Bagchi |first=Sohini |date=2021-08-04 |title=How Bhavin Turakhia's Titan is Disrupting Business Email Market |url=https://www.cxotoday.com/news-analysis/how-bhavin-turakhias-titan-is-disrupting-business-email-market/ |access-date=2022-06-14 |website=CXOToday.com |language=en-US}}</ref><ref name=":0" /> [[Flock (messaging service)|Flock]],<ref>{{cite news|last1=Shaikh|first1=Shadma|title=Bhavin Turakhia invests $25 mn in enterprise messenger Flock for expansion|url=http://economictimes.indiatimes.com/small-biz/money/bhavin-turakhia-invests-25-mn-in-enterprise-messenger-flock-for-expansion/articleshow/57654006.cms|access-date=24 March 2017|publisher=[[The Economic Times|Economic Times]]|date=16 March 2017}}</ref><ref>{{cite news|last1=Singh|first1=Arti|title=Bhavin Turakhia to invest $25 mn more in enterprise messenger Flock|url=http://www.vccircle.com/news/technology/2017/03/16/bhavin-turakhia-adds-25-mn-more-enterprise-messenger-flock-expansion?logintype=premium|publisher=[[VCCircle]]|date=16 March 2017}}</ref><ref>{{cite news|title=VENTURE DEALS|url=http://fortune.com/2017/03/16/term-sheet-thursday-march-16/|publisher=[[Fortune (magazine)|Fortune]]|date=16 March 2016}}</ref> Radix and [[Zeta India |Zeta]].<ref>{{cite news|title=Personally Tech With Ringo Founder-CEO Bhavin Turakhia|url=http://gadgets.ndtv.com/apps/features/personally-tech-with-ringo-founder-ceo-bhavin-turakhia-719339|publisher=[[NDTV]]|date=24 July 2015}}</ref><ref>{{cite news|last1=Mendonca|first1=Jochelle|title=Directi's Bhavin Turakhia to invest $110 million in newer ventures|url=http://tech.economictimes.indiatimes.com/news/startups/directis-bhavin-divyank-turakhia-to-invest-110m-to-grow-its-4-new-ventures/54286207|publisher=[[The Economic Times|Economic Times]]|date=12 September 2016}}</ref><ref>{{cite news|title=Startup Zeta launches digital LTA solution for employees, Optima Card|url=http://www.firstpost.com/business/startup-zeta-launches-digital-lta-solution-for-employees-optima-card-3198924.html|publisher=[[Firstpost]]|date=11 January 2017}}</ref><ref>{{cite news|title=Flock 2.0 update brings Teams functionality, deeper app integration|url=http://www.dnaindia.com/scitech/report-flock-20-update-brings-teams-functionality-deeper-app-integration-2253302|work=[[Daily News and Analysis]]|date=8 September 2017|location=[[Mumbai]]}}</ref><ref>{{cite news|last1=Thomas Hector|first1=Dearton|title=Why Bhavin Turakhia thinks Flock 2.0 will be the next big thing in enterprise chat|url=http://techcircle.vccircle.com/2016/09/08/why-bhavin-turakhia-thinks-flock-2-0-will-be-the-next-big-thing-in-enterprise-chat/|publisher=[[VCCircle]]|date=8 September 2016}}</ref><ref>{{cite news|last1=Chopra|first1=Ambika|title=Turakhia Brothers To Invest $110 Mn In Four Ventures -- Zeta, Flock, Ringo, & Radix|url=https://inc42.com/buzz/turakhia-brothers-invest-ventures/|access-date=24 March 2017|publisher=Inc42.com|date=13 September 2016}}</ref><ref>{{cite news|last1=KJ|first1=Shashidhar|title=Directi's Bhavin Turakhia launches Zeta app to digitize meal vouchers|url=http://www.medianama.com/2016/01/223-directis-bhavin-thurakia-launches-zeta-app-to-digitize-meal-vouchers/|publisher=[[Media Nama]]|date=8 January 2016}}</ref><ref>{{cite news|title=Directi to hire over 1,000 people|url=http://www.business-standard.com/article/news-ians/directi-to-hire-over-1-000-people-116070100684_1.html|publisher=[[Business Standard]]|date=1 July 2017}}</ref><ref>{{cite news|title=इन भाइयों ने चीन को बेची 6000 करोड़ में कंपनी, 18 साल की उम्र में बने अरबपति|url=http://hindi.news18.com/photogallery/bhavin-turakhia-and-divyank-turakhia-brothers-company-acquired-by-chinese-consortium-for-900m-in-cash-912901.html|publisher=[[News18 India]]|date=28 August 2016}}</ref><ref>{{cite news|title=Bhavin Turakhia now bets on Zeta|url=http://epaperbeta.timesofindia.com/Article.aspx?eid=31804&articlexml=Bhavin-Turakhia-now-bets-on-Zeta-30092016026023|work=[[The Times of India]]|date=30 September 2016|location=Bengaluru|access-date=24 March 2017|archive-date=25 March 2017|archive-url=https://web.archive.org/web/20170325031052/http://epaperbeta.timesofindia.com/Article.aspx?eid=31804&articlexml=Bhavin-Turakhia-now-bets-on-Zeta-30092016026023|url-status=dead}}</ref><ref name="THBL">{{cite news|last1=Kurup|first1=Rajeesh|title=The Turakhia brothers are now worth $1.4 billion|url=http://www.thehindubusinessline.com/info-tech/the-turakhia-brothers-are-now-worth-14-billion/article9022424.ece|newspaper=[[The Hindu Business Line]]|date=23 August 2016}}</ref><ref name="AsianAge"/> | ||
In July 2019, his [https://www.pymnts.com/news/investment-tracker/2021/zeta-closes-250m-softbank-funding/ banking tech] venture [https://www.zeta.tech/us Zeta] received an investment from [[Sodexo]] at a valuation of $300 million. <ref>https://techcrunch.com/2019/07/23/zeta-300m-sodexo/</ref><ref>{{Cite web|url=https://www.livemint.com/companies/start-ups/fintech-platform-zeta-valued-at-300-mn-in-its-series-c-round-led-by-sodexo-1563900056601.html|title=Fintech platform Zeta valued at $300 mn in its Series C round led by Sodexo|first=Salman|last=S.H|date=23 July 2019|website=Livemint}}</ref> In 2021, Zeta secured [https://www.bloomberg.com/news/articles/2021-05-24/banking-tech-startup-is-unicorn-with-250-million-from-softbank $250 million] in investment from [[SoftBank Group|SoftBank]] Vision Fund 2. This Series C investment values Zeta at $1.45 billion. | In July 2019, his [https://www.pymnts.com/news/investment-tracker/2021/zeta-closes-250m-softbank-funding/ banking tech] venture [https://www.zeta.tech/us Zeta] received an investment from [[Sodexo]] at a valuation of $300 million. <ref>{{Cite web|url=https://techcrunch.com/2019/07/23/zeta-300m-sodexo/|title=Fintech firm Zeta's valuation climbs to $300M in its first external funding round}}</ref><ref>{{Cite web|url=https://www.livemint.com/companies/start-ups/fintech-platform-zeta-valued-at-300-mn-in-its-series-c-round-led-by-sodexo-1563900056601.html|title=Fintech platform Zeta valued at $300 mn in its Series C round led by Sodexo|first=Salman|last=S.H|date=23 July 2019|website=Livemint}}</ref> In 2021, Zeta secured [https://www.bloomberg.com/news/articles/2021-05-24/banking-tech-startup-is-unicorn-with-250-million-from-softbank $250 million] in investment from [[SoftBank Group|SoftBank]] Vision Fund 2. This Series C investment values Zeta at $1.45 billion. | ||
In August 2021, [https://titan.email Titan], the professional email service founded by Bhavin, received a $30 million investment from Automattic, valuing Titan at $300 million.<ref name=":0" /> | |||
== Awards and recognition == | == Awards and recognition == | ||
* Ranked #95, with a net worth of US$1.3 billion, on the [[Forbes list of Indian billionaires|''Forbes'' list]] of India's 100 Richest People (2016).<ref name="Forbes"/><ref>{{cite news|last1=Sunkara|first1=Keshav|title=Patanjali's Balkrishna, Turakhia brothers enter Forbes rich list; Flipkart founders exit|url=http://www.vccircle.com/news/finance/2016/09/22/patanjali-s-balkrishna-turakhia-brothers-enter-forbes-rich-list-flipkart|publisher=[[VCCircle]]|date=22 September 2016}}</ref><ref>{{cite news|last1=Karmali|first1=Naazneen|title=As India's Richest Make Big Gains, The Entry Price To The Top 100 Touches $1.25 Billion|url=https://www.forbes.com/sites/naazneenkarmali/2016/09/21/as-indias-richest-make-big-gains-the-entry-price-to-the-top-100-touches-1-25-billion/#27e143363f81|newspaper=[[Forbes India]]|date=21 September 2016}}</ref> | * Ranked #95, with a net worth of US$1.3 billion, on the [[Forbes list of Indian billionaires|''Forbes'' list]] of India's 100 Richest People (2016).<ref name="Forbes"/><ref>{{cite news|last1=Sunkara|first1=Keshav|title=Patanjali's Balkrishna, Turakhia brothers enter Forbes rich list; Flipkart founders exit|url=http://www.vccircle.com/news/finance/2016/09/22/patanjali-s-balkrishna-turakhia-brothers-enter-forbes-rich-list-flipkart|publisher=[[VCCircle]]|date=22 September 2016}}</ref><ref>{{cite news|last1=Karmali|first1=Naazneen|title=As India's Richest Make Big Gains, The Entry Price To The Top 100 Touches $1.25 Billion|url=https://www.forbes.com/sites/naazneenkarmali/2016/09/21/as-indias-richest-make-big-gains-the-entry-price-to-the-top-100-touches-1-25-billion/#27e143363f81|newspaper=[[Forbes India]]|date=21 September 2016}}</ref> | ||
* Serial Entrepreneur of the Year and Entrepreneur of the Year in Innovation and Technology by [[Entrepreneur (magazine)]] (2016).<ref>{{cite news|last1=Jain|first1=Samiksha|title=Here Are The Winners Of The Prestigious 6th Annual Entrepreneur India Awards 2016|url=https://www.entrepreneur.com/article/281909|publisher=[[Entrepreneur (magazine)|Entrepreneur]]|date=5 September 2016}}</ref><ref name="THBL"/><ref>{{cite news|last1=Bhosale|first1=Akshay|title='Serial Entrepreneur' Bhavin Turakhia Bags Dual Awards At Annual Entrepreneur India Awards 2016!|url=http://digitalconqurer.com/news/serial-entrepreneur-bhavin-turakhia-bags-dual-awards-annual-entrepreneur-india-awards-2016/|publisher=DigitalConqurer|date=25 August 2016}}</ref> | * Serial Entrepreneur of the Year and Entrepreneur of the Year in Innovation and Technology by [[Entrepreneur (magazine)]] (2016).<ref>{{cite news|last1=Jain|first1=Samiksha|title=Here Are The Winners Of The Prestigious 6th Annual Entrepreneur India Awards 2016|url=https://www.entrepreneur.com/article/281909|publisher=[[Entrepreneur (magazine)|Entrepreneur]]|date=5 September 2016}}</ref><ref name="THBL"/><ref>{{cite news|last1=Bhosale|first1=Akshay|title='Serial Entrepreneur' Bhavin Turakhia Bags Dual Awards At Annual Entrepreneur India Awards 2016!|url=http://digitalconqurer.com/news/serial-entrepreneur-bhavin-turakhia-bags-dual-awards-annual-entrepreneur-india-awards-2016/|publisher=DigitalConqurer|date=25 August 2016}}</ref> | ||
* The ETPanache Trendsetter Award by [[The Economic Times]] (2016).<ref>{{cite news|title=ETPanache Trendsetter Awards 2016: Ananya Birla, Dipa Karmakar, Karan Johar emerge winners|url=http://economictimes.indiatimes.com/magazines/panache/etpanache-trendsetter-awards-2016-ananya-birla-dipa-karmakar-karan-johar-emerge-winners/articleshow/54708195.cms|publisher=[[The Economic Times]]|date=18 October 2016}}</ref><ref>{{cite news|title=ET Panache Fetes Young Trendsetters|url=http://epaperbeta.timesofindia.com/Article.aspx?eid=31816&articlexml=ET-Panache-Fetes-Young-Trendsetters-17102016001076|publisher=[[Times of India]]|date=17 October 2016|location=Mumbai}}</ref><ref>{{cite news|title=Search for News, Stock Quotes & NAV's The winners of the ETPanache Trendsetter Awards 2016|url=http://economictimes.indiatimes.com/slideshows/people/the-winners-of-the-etpanache-trendsetter-awards-2016/etpanache-trendsetter-awards-the-more-the-merrier/slideshow/54894122.cms|publisher=[[The Economic Times]]|date=17 October 2016}}</ref> | * The ETPanache Trendsetter Award by [[The Economic Times]] (2016).<ref>{{cite news|title=ETPanache Trendsetter Awards 2016: Ananya Birla, Dipa Karmakar, Karan Johar emerge winners|url=http://economictimes.indiatimes.com/magazines/panache/etpanache-trendsetter-awards-2016-ananya-birla-dipa-karmakar-karan-johar-emerge-winners/articleshow/54708195.cms|publisher=[[The Economic Times]]|date=18 October 2016}}</ref><ref>{{cite news|title=ET Panache Fetes Young Trendsetters|url=http://epaperbeta.timesofindia.com/Article.aspx?eid=31816&articlexml=ET-Panache-Fetes-Young-Trendsetters-17102016001076|publisher=[[Times of India]]|date=17 October 2016|location=Mumbai|access-date=24 March 2017|archive-date=25 March 2017|archive-url=https://web.archive.org/web/20170325030706/http://epaperbeta.timesofindia.com/Article.aspx?eid=31816&articlexml=ET-Panache-Fetes-Young-Trendsetters-17102016001076|url-status=dead}}</ref><ref>{{cite news|title=Search for News, Stock Quotes & NAV's The winners of the ETPanache Trendsetter Awards 2016|url=http://economictimes.indiatimes.com/slideshows/people/the-winners-of-the-etpanache-trendsetter-awards-2016/etpanache-trendsetter-awards-the-more-the-merrier/slideshow/54894122.cms|publisher=[[The Economic Times]]|date=17 October 2016}}</ref> | ||
* [[Young Global Leader]] by the [[World Economic Forum]] (WEF) in [[Geneva]] (2011).<ref>{{cite news|title=List of 2011 Young Global Leaders Honourees|url=http://www3.weforum.org/docs/WEF_YGL_Honourees_2011.pdf|publisher=[[World Economic Forum]]|date=20 April 2011}}</ref> | * [[Young Global Leader]] by the [[World Economic Forum]] (WEF) in [[Geneva]] (2011).<ref>{{cite news|title=List of 2011 Young Global Leaders Honourees|url=http://www3.weforum.org/docs/WEF_YGL_Honourees_2011.pdf|publisher=[[World Economic Forum]]|date=20 April 2011}}</ref> | ||
* Bharti Entrepreneur of the Year award by the [[Bharti Foundation]] & the Entrepreneurship Development Institute of India (2005).<ref>{{cite book|title=Talent needs opportunity (annual review of activities (2005 - 2006) - Airtel)|publisher=[[Bharti Foundation]]|page=15|url=http://www.bhartifoundation.org/wps/wcm/connect/ba49ca09-19b6-4e5e-b20e-53cc7218856d/Bharti+Foundation+Annual+Report+2005-2006.pdf?MOD=AJPERES&CACHEID=ba49ca09-19b6-4e5e-b20e-53cc7218856d}}{{Dead link|date=October 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite news|title=BCEI invites nominations for the Bharti Entrepreneur of the Year Award 2008|url=http://www.business-standard.com/article/press-releases/bcei-invites-nominations-for-the-bharti-entrepreneur-of-the-year-award-2008-108112401107_1.html|publisher=[[Business Standard]]|date=24 November 2008}}</ref> | * Bharti Entrepreneur of the Year award by the [[Bharti Foundation]] & the Entrepreneurship Development Institute of India (2005).<ref>{{cite book|title=Talent needs opportunity (annual review of activities (2005 - 2006) - Airtel)|publisher=[[Bharti Foundation]]|page=15|url=http://www.bhartifoundation.org/wps/wcm/connect/ba49ca09-19b6-4e5e-b20e-53cc7218856d/Bharti+Foundation+Annual+Report+2005-2006.pdf?MOD=AJPERES&CACHEID=ba49ca09-19b6-4e5e-b20e-53cc7218856d}}{{Dead link|date=October 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite news|title=BCEI invites nominations for the Bharti Entrepreneur of the Year Award 2008|url=http://www.business-standard.com/article/press-releases/bcei-invites-nominations-for-the-bharti-entrepreneur-of-the-year-award-2008-108112401107_1.html|publisher=[[Business Standard]]|date=24 November 2008}}</ref> | ||