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

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Indian serial entrepreneur Bhavin Turakhia is making a $30 million personal bet that there is still room for another enterprise AI company. His new venture, Neo, is built on a simple premise: workplace software designed before the AI era cannot simply be upgraded with chatbots — it has to be redesigned from the ground up.

Turakhia, 46, is no stranger to ambitious enterprise technology bets. Over the past two decades, he has co-founded companies including Directi, Radix, Titan, and banking software firm Zeta, largely backing them with his own cash before bringing in outside investors. He’s doing the same with Neo.

Turakhia told TechCrunch he is bootstrapping this much money because he believes AI marks a technology shift significant enough to justify rebuilding workplace software from scratch.

“If you want to build an iPhone, you can’t take the parts of a Nokia and somehow convert it into an iPhone,” he said.

Launched internally in April this year, Neo is an enterprise work platform that combines project management, documents, file storage, and AI into a single product. The goal, Turakhia said, is to make AI an active participant in day-to-day work rather than just another assistant employees turn to separately.

Turakhia argued most incumbents face a structural disadvantage when adding AI to products designed before generative AI. Neo, he said, was designed from the ground up for AI and is model-agnostic, allowing enterprises to switch between AI models rather than being tied to a single provider.

He’s not alone in thinking this way. Investor Chamath Palihapitiya initially launched enterprise AI coding venture 8090 with his own capital before raising a $135 million funding round this week.

Still, Turakhia’s bet comes as enterprise AI has emerged as one of the most competitive areas in technology. Microsoft, Google, and Salesforce are embedding AI across their workplace software. Meanwhile every startup from the giant labs like Anthropic and OpenAI, to the productivity companies like Notion and Superhuman are racing to reshape how businesses use AI in their daily workflow.

Turakhia argued enterprise software has never been a winner-takes-all market, saying even a small share of global enterprise AI spending would represent a sizeable company.

“Even if we end up with 2% to 5% market share, that’s larger than anything I’ve built so far,” he said.

For the past few months, Neo has been in internal use across Turakhia’s companies, including Zeta. The company plans to begin rolling out the software to mid-sized businesses in the coming months, initially targeting knowledge workers across technology, consulting, and professional services firms.

Turakhia said Neo’s initial platform was built in three months, with AI extensively used in the development process, work he estimates would have taken more than a year with a much larger engineering team before generative AI.

The Bengaluru-based startup currently employs about 45 people, including 18 engineers. Turakhia told TechCrunch that it expects to grow to around 100 employees by the end of the year, with most new hires focused on AI and software engineering.

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2027: 'Tinubu doing politics, wickedness since becoming president' – Atiku's aide replies Alake

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The Senior Political Assistant to the African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, Demola Olarewaju, on Monday accused President Bola Tinubu of “doing politics and wickedness” since assuming office in 2023.

Olarewaju said that instead of ensuring good governance, Tinubu had been busy wooing state governors to support his re-election bid in 2027.

He made the remark in reaction to an explanation by the Minister of Solid Minerals Development, Dele Alake, on why Tinubu would not visit all states to campaign.

Speaking during the inauguration of the All Progressives Congress (APC) Presidential Campaign Council in Abuja, Tinubu said he could not visit all states for campaign activities because he would be focusing on governance.

Commenting on Tinubu’s position, Alake said the president had chosen 12 states to visit because they were “election deciders.”

Alake said, “The 12 states that President Tinubu chose to campaign in are actually election deciders; he should be commended for that. He is not going to abandon governance for campaigning.”

Faulting Alake’s remarks, Olarewaju insisted that Tinubu had no achievements to campaign on.

In a post on X, he wrote, “Bola Tinubu has been doing politics and wickedness since Day One instead of good governance, he was wooing Governors instead.

“Now time for campaign, but no achievement to campaign with. Instead, they want to pretend he’s too busy with governance. #TinubuMustGo abeg.”

2027: ‘Tinubu doing politics, wickedness since becoming president’ – Atiku’s aide replies Alake

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NPFL: Ranchers Bees Appoint Ma’aji Muhammad as New Head Coach After Usman Abd’Allah’s Exit

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Nigeria Premier Football League (NPFL) newcomers Ranchers Bees have appointed Ma’aji Muhammad as their new head coach for the remainder of the 2026/2027 season, following the departure of Technical Adviser Usman Abd’Allah by mutual consent.

READ ALSO: NPFL: Ranchers Bees Part Ways With Usman Abd’Allah After Just 115 Days, Two Wins in Nine Matches | Sports247 Nigeria

Sports247 reports that the appointment comes after the Kaduna-based club suffered a disappointing 3-1 defeat to Shooting Stars in their Matchday 9 encounter in Ibadan on Friday, October 16, 2026.

Muhammad now takes charge of a Ranchers Bees side seeking to rediscover its form and improve its position in the league following a difficult start to the campaign.

The decision to appoint Muhammad represents a new chapter for the newly promoted side as they attempt to establish themselves in Nigeria’s top flight.

Ranchers Bees have struggled for consistency in their opening nine league matches, recording just two victories, two draws and five defeats. The club’s latest setback came against Shooting Stars, where goals from Desmond Ojietefian, Damilola Akinola and Qamar Adegoke condemned the Kaduna outfit to a 3-1 defeat.

Although Isah Ndala Aliyu scored for Ranchers Bees and goalkeeper Tofa saved a second-half penalty, their efforts were insufficient to prevent another defeat.

The result increased the pressure on the club’s technical crew and ultimately preceded Abd’Allah’s departure.

Abd’Allah’s tenure came to an end after just 115 days in charge. The club confirmed his departure alongside some members of the technical crew in an official statement.

“Ranchers Bees Kaduna confirms that the club has parted ways with Technical Adviser Usman Abdullah and some members of the technical crew by mutual agreement,” the statement read.

During his nine NPFL matches in charge, Abd’Allah recorded two wins, two draws and five defeats, collecting eight points from a possible 27. His departure leaves Muhammad with the responsibility of addressing the team’s inconsistent results and restoring confidence within the squad.

For Ma’aji Muhammad, the appointment presents an opportunity to guide Ranchers Bees through a crucial period of their return to top-flight football.

The new head coach will be expected to improve the team’s performances, strengthen defensive organisation and help the players convert competitive displays into positive results.

Having collected eight points from their opening nine fixtures, Ranchers Bees need greater consistency to avoid becoming embroiled in a prolonged struggle near the lower end of the table.

Muhammad will also face the challenge of motivating a squad that has endured a difficult sequence of results.

The coaching change underlines the club’s determination to improve its fortunes before the season progresses further.

With Muhammad appointed for the remainder of the campaign, attention will now turn to how quickly he can implement his ideas and produce a positive response from the players.

The coming fixtures will provide an early indication of whether the managerial change can deliver the improvement Ranchers Bees require.

For the newly promoted Kaduna club, the message is clear: Ma’aji Muhammad has been handed the responsibility of turning around a difficult start and helping Ranchers Bees secure their place in the Nigeria Premier Football League.

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