#Divyank Turakhia

[twnenglish]

Success Story Behind Bhavish Agarwal's Ola Cabs

While most of us aspire to possess swanky cars with hip chauffeurs, have a look at this Indian businessman who charmed millions of people by creating the finest online "Book A Ride" service. People no longer had to endure crowded buses or rickshaws thanks to the brains behind one such "e-commerce" enterprise.

Bhavish Agarwal is an Indian entrepreneur and co-founder of "Ola Cabs," was born on August 28, 1985, in Ludhiana, Punjab. He later earned a bachelor's degree in Computer Science and Engineering from IIT Bombay in 2008. He presently resides in Bangalore. In addition to working nonstop, he likes squash, cycling, and running a photography blog, which demonstrates how much he values photography. His favorite book is "Steve Jobs: A Biography."

Bhavish Agarwal, a computer-skilled blogger at Desitech, created his own blog. 2008 to 2009. Desitech, In is dedicated to covering Indian start-ups, events, and other tech-geek-related topics. While he was already climbing the success ladder, he launched his career with a bang by accepting a position as a research intern with the high remediation firm "Microsoft Research" and afterward getting reinstated as an assistant researcher for two years from 2008 to 2010. He simultaneously filed for two patents and had three articles published in internal publications. In 2010, Bhavish rebranded his prior business and quit his job to create the online rental taxi service empire known as "OLA CABS."

Bhavish went through a difficult time when his business was first starting out; he once answered customer calls and transported a client to the airport.

Success Story Behind Bhavish Agarwal's Ola Cabs

We don't need to introduce Ola. Ola, the first Indian cab aggregator business, has made using cab services simple. Ola, formerly known as OlaCabs and currently owned by ANI Technologies Pvt. Ltd., was established in December 2010 by two IIT Bombay alumni. Since it was one of the first cab firms in India, Ola has done a great job of bridging the gap between commuters and cab owners! Co-founder of Ola Cabs and Ola Electric and an entrepreneur from India named Bhavish Aggarwal. Aggarwal was listed among Time magazine's 2018 list of the 100 Most Influential People.

Story of Ola founder Bhavish Aggarwal

The creator of Ola, Bhavish Aggarwal, graduated with a B.Tech. in computer science from IIT Bombay in 2008. Bhavish, the proprietor of Ola Cabs, worked for Microsoft Research in Bangalore for his first two years following graduation. He filed two patent applications and three research publications for publication in foreign journals while he was employed by Microsoft.

While pursuing his entrepreneurial ambition, he established an online company to promote short-term trips and excursions, which he eventually rebranded as Ola Cabs. Bhavish Aggarwal is the co-founder and CEO of Ola. The owner of OLA, Bhavish Aggarwal, was born on August 28, 1985, and according to statistics from 2019, his personal net worth was estimated to be over $350 million. By September 2021, Bhavish's fortune had increased to Rs 7500 crore ($958.43 million).

His inclusion on the list of the 40 richest persons in India, which is headed by Divyank Turakhia and included Sachin and Binny Bansal, Neha Narkhede, Nakul Aggarwal, and Ritesh Arora and has a net worth of Rs 12,500, was made possible by this.

Ola's CEO, Bhavish Aggarwal, is allegedly aiming to concentrate more on the business's upcoming and new projects while moving away from the day-to-day operations of Ola's core operations. Arun GR, who joined Ola in 2021 from Vedanta Resources and previously held the positions of Chief Financial Officer (CFO) of Ola Electric and Ola Financial Services, will be in charge of the business's everyday operations, according to an internal organizational letter.

Bhavish claims that he would keep heading up Ola's team building, product development, engineering responsibilities, two-wheeler and car projects, quick commerce verticals, global growth, and other activities.

Bhavish Aggarwal's net worth

Aggarwal has a net worth of 11700 crores as of 2022. His company, Ola, is worth $6.5 billion. He is a young man and one of India's newest billionaires. He loves an opulent way of life with all the amenities that come with excessive wealth. He has multiple expensive cars, including a Mercedes S600, a Bugatti Veyron, and a Rolls Royce Phantom.

Ankit Bhati - co-founder of ola

Ankit Bhati is a co-founder and the Chief Technology Officer (CTO) of Ola Cabs. He and Bhavish Aggarwal co-founded Ola in 2010. Additionally, he helped create ANI Technologies. There have been speculations that Ankit Bhati and Bhavish Aggarwal, the firm's founder, had serious differences that led to their split from the ridesharing company last year. However, his contribution to the company extends much beyond these assumptions.

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[techminsolutions]

Hurun India 40 & Under Self-Made Rich List 2021: Media.Net’s Divyank Turakhia tops the list

Hurun India 40 & Under Self-Made Rich List 2021: Media.Net’s Divyank Turakhia tops the list

With 15 individuals, Bengaluru is the most preferred city for Business HQ for these young wealth creators, followed by New Delhi with 8 and Mumbai with 5. IIFL Wealth and Hurun India have released the IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2021, a ranking of the self-made entrepreneurs with a wealth of Rs 1,000 crore, aged 40 years and under from India. Wealth calculations are a…

[ritjobvacancy]

Directi 2021 Hiring Freshers as Intern SDE

Directi 2021 Hiring Freshers as Intern SDE Directi 2021 Hiring Freshers as Intern, Software Development Engineer at Bangalore Job Title: Intern, Software Development Engineer Pass-out Year: 2022 Location: Bangalore Experience: Freshers

Directi Recruitment Drive for 2021 Fresher Directi 2021 Hiring Freshers as Intern, Software Development Engineer at Bangalore About Company: Directi comprises of a group of tech businesses owned, operated or invested in by Bhavin and/or Divyank Turakhia. The Group boasts of multiple business units that are run independently by their respective management teams. Titan is email and collaboration…

[un-enfant-immature]

Indian fintech Zeta turns unicorn with SoftBank-led funding

Bangalore-based fintech startup Zeta has clinched the much sought-after unicorn status after finalizing a new financing round led by SoftBank Vision Fund 2, sources familiar with the matter told TechCrunch.

SoftBank Vision Fund 2 has led a ~$250 million Series D round in the five-year-old Indian startup, the sources said. The new round valued the Indian startup, co-founded by high-profile entrepreneur Bhavin Turakhia, at about $1.3 billion, up from $300 million in its maiden external funding (Series C) in 2019.

A SoftBank spokesperson declined to comment. Turakhia didn’t respond to a request for comment.

Five-year-old Zeta helps banks launch modern retail and fintech products. The thesis is that banks — largely operating on antiquated technologies — today don’t have the time and expertise to offer the best experience to hundreds of millions of customers and fintech firms they serve.

Zeta is attempting to help banks either use the startup’s cloud-native, API-first banking stack as its core framework or build services atop it to offer better a experience to all customers — think of improved mobile app and debit and credit features. It also offers API, SDKs and payment gateways to banks to work more efficiently with fintech firms.

The startup has amassed clients in several Asian and Latin American markets.

Turakhia, with his brother Divyank, started his first venture in 1998. Along the way, they sold Media.net for $900 million. In 2014, they sold four web companies to Endurance for $160 million. Zeta is the second startup Bhavin has co-founded since then — the other being business messaging platform Flock.

Zeta is the seventh Indian startup to become a unicorn this month. Last week, social commerce Meesho — also backed by SoftBank Vision Fund 2 — fintech firm CRED, e-pharmacy firm PharmEasy, millennials-focused Groww, business messaging platform Gupshup and social network ShareChat attained the unicorn status.

TikTok’s rivals in India struggle to cash in on its ban

[touchey]

Slack Gets All The Buzz, But This Indian Startup Is The Team Collaboration App To Watch Out For

A couple of months ago, I visited Directi headquarters in Mumbai. Founded in 1998, Directi (pronounced direct-eye) is an IT product and services company founded by Turakhia brothers – Divyank and Bhavin.<p>The two were in news last year as they made an unlikely entry into the Forbes list of India’s …

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[finnovationzindia-blog]

Want to Become Millionaire & Billionaire Before 30? Have a Look at the Turakhia Brothers

The German F1 legend Michael Schumacher began racing his first Kart when he was four years old. The world-famous Tennis player Sania Mirza started playing Tennis at the age of 6. The most renowned singer Lata Mangeshkar began his career at the age of 5.And so in the realm of these outstanding folk, there stands the youngest Billionaires Indian Brothers named Divyank Turakhia and Bhavin Turakhia. What was the thing which triggered these veterans to perform such a miraculous job in their respective areas?        click for more

[onlinemarketinghelp]

4 Lessons From an Entrepreneur Who Became a Self-Made Billionaire Before Turning 40 http://bit.ly/2GiPQ8O Bhavin Turakhia and his brother Divyank started their billion-dollar journey with a $375 loan. from Entrepreneur: Latest Articles Bhavin Turakhia and his brother Divyank started their billion-dollar journey with a $375 loan. https://ift.tt/eA8V8J April 16, 2019 at 08:01PMhttps://http://bit.ly/2DiAYGP

[liputanviral-blog]

Ngeri, Orang Kaya Nekat Main Bulutangkis di Atap Hotel Tertinggi Dunia

Liputanviral - Dua orang kaya dunia berbuat nekat. Saking sukanya pada olahraga bulutangkis, mereka menggelar pertandingan di atas hotel tertinggi di dunia. Kedua miliarder dunia itu yakni Divyank Turakhia dan Kevin O'Learly. Mereka nekat main bulutangkis di landasan helikopter alias helipad yang ada di atas gedung Hotel Burj Al Arab, Dubai, Uni Emirat Arab. Divyank dan Kevin O'Learly main bulutangkis di puncak gedung berketinggian 321 meter dari permukaan tanah itu. Dari sebuah foto yang disebarkan Divyank di akun media sosialnya, Selasa 12 Februari 2019, terlihat jelas mereka bukan cuma mau mejeng bergaya ala pebulutangkis profesional. Tapi memang benar-benar bertanding lho. Lihat saja, mereka sengaja mengubah helipad menjadi sebuah arena bulutangkis lengkap dengan garis lapangan dan net.

Dalam foto itu, tampak Divyank bermain ganda dengan Kevin O'Learly. Divyank sedang serius melakukan servis ke arah lawan. Uniknya, dalam pertandingan di atas gedung tertinggi di dunia itu, tidak ada wasit atau juri. Yang ada hanya sejumlah petugas keamanan berjas hitam yang berjaga-jaga di sekitar pinggiran helipad. Sepertinya mereka sengaja ditugaskan berjaga di tepian helipad untuk mengantisipasi kalau-kalau para miliarder dunia itu terpeleset dan jatuh. Pada foto itu terlihat mereka asyik bermain dengan latar belakang awan-awan dan sekumpulan gedung yang menjulang ke langit. Sungguh menakjubkan sekaligus mengerikan. Nah yang perlu diketahui, karena bermain di tempat terbuka dan di atas ketinggian yang luar biasa, mereka bermain tidak menggunakan shuttlecock biasa yang terbuat dari bulu angsa. Tapi memakai yang terbuat dari bahan plastik.

Bayangkan saja, adakah pebulutangkis top dunia yang pernah main di tempat setinggi itu selama ini? Perlu diketahui, Divyank merupakan orang kaya asal India. Dia mendadak jadi miliarder pada 2016 setelah menjual perusahaan iklan Media.net. Perusahaan itu dijualnya seharga 900 juta dolar Amerika Serikat ke perusahaan teknologi komunikasi, Beijing Miteno. Memang, Divyank sudah besar di keluarga kaya raya di India. Dia kini telah berusia 36 tahun, dan memulai bisnis sejak masih 16 tahun. Dia berbisnis pertama kali  dengan modal cuma 500 dolar AS. Itu juga dapat pinjam dari ayahnya. Sekarang total kekayaan bersihnya mencapai 1,3 miliar dolar AS. Sementara itu, Kevin O'Learly merupakan investor. Dia menjadi multi-jutawan pada tahun 1999 setelah menjual perusahaan teknologinya, SoftKey Software Products ke Mattel. Kekayaannya dilaporkan bernilai 400 juta dolar AS. Tak ada yang tahu sudah seberapa sering para miliarder ini main bulutangkis di gedung tertinggi dan hotel termegah di dunia itu? "Bermain bulutangkis di helipad Burj Al Arab dengan Kevin O'Learly sebagai mitra ganda saya. Kevin bilang aku bermain seperti orang bodoh. Dia benar sekali," tulis Divyank. Read the full article

[inventivaindia]

What makes billionaire Divyank Turakhia a 'thrillionaire'? And dress to kill this festive season with designer Narendra Kumar's tips - your weekend fix

What makes billionaire Divyank Turakhia a ‘thrillionaire’? And dress to kill this festive season with designer Narendra Kumar’s tips – your weekend fix

Meet ‘thrillionaire’ billionaire Divyank Turakhia, founder of Media Talk, who shows how to bow out in style and quit while one’s ahead. He shot to fame after he sold his bootstrapped company for $900 million in 2016. This week, Divyank Turakhia, founder of Media.net, stepped down as the company’s CEO. Whether it his passion for aerobatic flying, or his business smarts, the man knows what he wants…

[tapchibanker]

Tỷ phú tự thân trẻ nhất Ấn Độ: 8 tuổi học lập trình, 16 tuổi vay 500 USD để khởi nghiệp, 34 tuổi thành tỷ phú đôla

Tỷ phú tự thân trẻ nhất Ấn Độ: 8 tuổi học lập trình, 16 tuổi vay 500 USD để khởi nghiệp, 34 tuổi thành tỷ phú đôla

Năm Divyank 23 tuổi, công ty của anh đạt doanh thu 10 triệu USD.

Divyank Turakhia đã làm việc gần như không ngừng nghỉ trong hơn hai thập kỷ và nỗ lực của anh đã được đền đáp xứng đáng. Năm 2016, anh trở thành tỷ phú tự thân trẻ tuổi nhất Ấn Độ sau khi bán startup công nghệ quảng cáo Media.net của mình cho một tập đoàn Trung Quốc với giá khoảng 900 triệu USD.

Đây không phải là thương vụ…

[fccreportfan]

Flock FZ-LLC International Telecommunications ITC-T/C-20160316-00123

Flock FZ-LLC has filed for international telecommunications via FCC International Bereau licensing filing. Application filed for consent to the transfer of control of Riva FZC (Riva), which holds international section 214 authorization ITC-214-20140128-00033, from Bhavin Turakhia to Divyank Turakhia. On March 1, 2016, without prior Commission consent, Divyank from International Bureau Filings FCC.report https://ift.tt/3aymYre

from Tumblr https://ift.tt/3aDIMSm from Blogger https://ift.tt/39wEKJX

[lazyfreshers]

Directi off campus drive |Software Engineer |B.E/B.Tech|Fresher

About the Company:

Directi comprises of a group of tech businesses owned, operated or invested in by Bhavin Turakhia and/or Divyank Turakhia. The Group brand is used by multiple business units that are run independently by their respective management teams, with similar culture and opportunity. The Directi portfolio companies comprise of Radix, Ringo, Flock, Zeta and Codechef. Media.net,…

[apuzz-blog]

Directi Hiring Freshers As Software Engineer | BE/BTech/ME/MTech

Directi Hiring Freshers As Software Engineer | BE/BTech/ME/MTech | Mumbai

Directi comprises of a group of tech businesses owned, operated or invested in by Bhavin Turakhia and/or Divyank Turakhia. The Group brand is used by multiple business units that are run independently by their respective management teams, with similar culture and opportunity. The Directi portfolio companies comprise of…

[saveplus]

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Most of the startup companies are using web hosting as one of resource of their income. Some of them have a big resource to host major sites for given domains. For those stores, the club is one of the best stores for hosting the sites. Resellerclub was started in 1998, a metropolis by Bhavin Turakhia, Divyank Turakhia with 250 employees. 

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4 Lessons From an Entrepreneur Who Became a Self-Made Billionaire Before Turning 40

Bhavin Turakhia and his brother Divyank started their billion-dollar journey with a $375 loan.

from https://www.entrepreneur.com/article/332209

[webart-studio]

Four Classes From an Entrepreneur Who Turned a Self-Made Billionaire Earlier than Turning 40

Bhavin Turakhia and his brother Divyank began their billion-dollar journey with a $375 mortgage.

April 16, 2019 5 min learn

Opinions expressed by Entrepreneur contributors are their very own.

Lately I had the pleasure of spending time with self-made billionaire Bhavin Turakhia. Bhavin is 39 years outdated, he was born in India to middle-class dad and mom and has constructed and offered two corporations for greater than $1 billion. 

He and his brother Divyank launched their first tech enterprise, Directi, with a $375 mortgage from their father in 1998. They offered 4 of their internet presence corporations — BigRock, LogicBoxes, ResellerClub, and Webhosting.information — to Nasdaq-listed web-hosting agency Endurance Worldwide Group, for $160 million in 2014. The brothers’ subsequent enterprise was an adtech enterprise known as Media.web that offered for $900 million lower than seven years after its launch. 

What units Turakhia other than most know-how entrepreneurs working at this scale is that he has by no means raised exterior funding. Bhavin is a large advocate of bootstrapping a enterprise until it’s completely important to hunt funding. He says, “Once you really consider within the worth of what you might be creating, diluting the fairness is the most costly solution to develop.” 

Associated: 6 Cash Ideas From Self-Made Billionaires

His ardour for constructing know-how corporations runs deep. Regardless of having made more cash than most entrepreneurs dream of, he has thrown himself into three extra know-how ventures that he’s personally concerned within the day-to-day. 

He’s creating Flock, a collaboration app that permits groups to coordinate their work and boasts over 500,00zero customers. He’s the Co-Founding father of Zeta which presents software program options for worker tax advantages, automated cafeterias and worker gifting, and has over 1.eight million customers. His third enterprise known as Radix, presently the world’s third largest area registry. Radix owns and operates generic top-level area extensions like .retailer, .tech, .on-line, .web site, .website and lots of others.

Bhavin shared with me his 4 core enterprise beliefs which have led to such outstanding success throughout a number of industries and geographies.

Lesson 1: Worth creation over valuation

Moderately than specializing in how a lot the corporate is price to traders, Bhavin believes founders should intensely deal with the worth they supply to their prospects.

Moderately than fussing over metrics that don’t really matter like eyeballs, visitors and worker headcount, he recommends specializing in net-promoter-score (NPS), buyer satisfaction and revenue. 

His background of bootstrapping so many ventures offers him a pure tendency to make sure that every enterprise is making prospects pleased sufficient that they wish to pay for the product. 

He warns that if entrepreneurs deal with valuation, they are going to optimize every little thing in the direction of that purpose and should miss the potential for true worth creation. And that’s finally what determines the chance of realizing a revenue or an exit. “Valuation is a side-effect, not a purpose,” he says.

Lesson 2: Creativity over money 

Corporations which have huge funding early on are likely to throw cash at issues moderately than looking for artistic options. The world of entrepreneurship rewards real innovation that’s finely tuned to resolve an issue. 

With an excessive amount of cash, you find yourself overpaying for buyer acquisition moderately than discovering the guerilla advertising strategy that provides you an edge. You’ll be able to rent an company to conduct market analysis at arm’s size, moderately than getting nose to nose along with your prospects and recognizing refined insights the company would miss.  

A money buffer can truly forestall entrepreneurs from tuning into the true problems with the market. “Adversity causes innovation,” says Bhavin. “If a enterprise is simply too properly funded, there’s all the time a temptation to throw cash at issues moderately than digging deep for an modern answer.”

Associated: eight Tricks to Turn out to be a Millionaire This Yr

Lesson 3: High quality of individuals over amount of individuals

The subsequent challenge is intently linked to having an excessive amount of funding too quickly. It brings the temptation to develop the crew quickly in order that the corporate seems to be massive and profitable moderately than maintaining a small, elite crew that may be extra nimble and proactive. 

Amount doesn’t substitute for high quality. You’ll find 100 common athletes and put them onto a sporting crew however you’re no nearer to profitable a gold medal, Bhavin believes.

Each new rent provides complexity to your tradition. Every individual brings with them baggage and expertise. In the event you rent common folks, they dilute the main target of the rock stars. Corporations that wouldn’t have deep pockets ought to recruit just some sensible folks and they’ll most likely have an edge over the 100-person firm that expanded their crew too rapidly. 

Lesson 4: Staying targeted

“Success is straight proportional to the extent of focus you may put into fixing an issue,” says Bhavin. Buyers who aren’t in command of the working of the corporate have to diversify their danger throughout many corporations, however entrepreneurs want to decide on an enormous drawback and focus all their power into fixing it higher than anybody else can. 

Associated: 9 On a regular basis Habits of the Common Millionaire

“One of many greatest issues that kill startups is defocusing,” Bhavin explains. Startup corporations try too many issues too quickly and fail to be sensible at any of them. A small firm merely can’t be distinctive at ecommerce and funds and social networking and logistics. Entrepreneurs should rigorously select the issue they’re finest positioned to resolve and run deep into the habit-hole to resolve it. 

As a boy, Bhavin remembers his father telling him and his brother nearly day by day, “You are able to do something you set your thoughts to.” That sense of perception has actually come to full fruition and Bhavin is beneficiant in sharing that message with as many entrepreneurs as potential. 

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source https://webart-studio.com/four-classes-from-an-entrepreneur-who-turned-a-self-made-billionaire-earlier-than-turning-40/