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Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

Indian entrepreneur Bhavin Turakhia is investing $30 million of his own capital into Neo, an AI-driven enterprise software platform designed to compete directly with Microsoft Office and Google Apps. As his fifth venture, this project represents a significant challenge to the dominant productivity suites in the market.

Background

The enterprise productivity software market is currently dominated by Microsoft 365 and Google Workspace, which hold significant market share in office suites. Recent trends show increasing competition from AI-native applications seeking to disrupt traditional document editing and collaboration workflows.

Source
TechCrunch
Published
Jul 2, 2026 at 01:30 PM
Score
6.0 / 10