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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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Hanga, Gaya, Doguwa join APC with 136,038 other defectors in Kano

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Former senators Rufai Sani Hanga and Kabiru Ibrahim Gaya, as well as Senator Masud El-Jibrin Doguwa, have defected to the All Progressives Congress (APC) in Kano State.

The trio joined the party alongside 136,038 other defectors during the unveiling of President Bola Tinubu’s campaign groups in Kano ahead of the 2027 elections.

Other politicians who joined the APC include the Kano State Deputy Chairman of the National Democratic Congress (NDC), Ali Datti Yako, and some members of the party’s state executive committee.

Former Ungogo Local Government Chairman, Badaru Umar, also defected alongside members of the political group of former Kano APC governorship candidate, Nasiru Yusuf Gawuna.

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Former Speaker of the Kano State House of Assembly, Isyaku Ali Danja, joined the APC with his supporters.

Also joining the ruling party were former PDP deputy governorship candidate Yusuf Bello Danbatta and his supporters, as well as former Special Adviser to the President, Senator Baraka Sani.

The NNPP chairman of the “Book Faction”, Abdullahi Zubairu Abiya, was also among the defectors.

Former NNPP senatorial candidate, Abdulmajid Dauda Dandawaki, joined the APC with his supporters, while NDC State House of Assembly candidate Kabiru also defected to the ruling party.

The APC has attracted several opposition politicians in recent months, particularly from the NNPP, following Governor Abba Kabir Yusuf’s move to the ruling party.

The governor’s defection has also been followed by the movement of lawmakers and political appointees into the APC.

The latest defectors include politicians who have served in the Senate, House of Representatives, state legislature, local government and political parties.

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Plateau Govt Shuts Down Schools, Gives Reasons

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The Plateau State Government has ordered the immediate temporary closure of all public and private primary and secondary schools across the state following suspected cases of diphtheria reported in four Local Government Areas.

Politics Nigeria reports that the directive, which takes effect from Monday, September 7, 2026, will remain in force indefinitely, with the government expected to announce a new date for the resumption of academic activities.

This was disclosed in a statement issued on Saturday by the Commissioner for Information and Communication, Joyce Lohya Ramnap.

The government said suspected diphtheria cases had been recorded in Jos North, Wase, Jos South and Bassa Local Government Areas, prompting the authorities to take precautionary measures to prevent further spread of the disease.

According to the statement, the directive applies to both public and private schools, including institutions that had already resumed academic activities.

School proprietors, administrators and teachers were directed to comply immediately, while parents and guardians were advised to keep their children and wards at home throughout the period of the closure.

The government explained that the measure was intended to safeguard pupils, students and members of staff amid concerns over the suspected infections.

“Further information on the resumption of academic activities will be communicated to the public in due course,” the statement said.

Meanwhile, tension has also been reported in Mangu Local Government Area following an attack on two residents returning from mining activities between Gaude and Mangu Halle.

One person was killed while another sustained gunshot injuries after suspected armed militia members attacked the victims at about 8:10pm on Thursday.

According to counter-insurgency publication Zagazola Makama, troops of Sector 8, Sub-Sector 81, deployed at Gyambwas, responded to a distress call and moved to the scene.

The troops reportedly found one of the victims, identified as Lanyet Bala, with a gunshot wound to his leg, while the attackers had fled.

A subsequent search-and-rescue operation was launched for the second victim, identified as Kwonan.

Plateau State Map
Plateau State Map

His remains were later discovered within the general area, according to the report.

Bala was evacuated to Allah Nakowa Hospital in Mangu for medical treatment.

The troops have since commenced offensive operations in the area and launched a manhunt for the fleeing attackers.

In another related development, the Berom Youth Moulders-Association (BYM) has condemned fresh attacks by suspected armed Fulani terrorists in Rim and Wereng communities in Riyom Local Government Area of Plateau State, which reportedly claimed the lives of two youths.

The victims were identified as 39-year-old Joel Bwede and 22-year-old Justice Dadong.

In a statement issued by its Publicity Secretary, Rwang Tengwong, the association expressed concern over what it described as the growing frequency of attacks and the loss of human lives in the state.

The BYM said it was particularly disturbed that victims of recurring violence were increasingly being reduced to statistics in reports of killings.

“Each casualty represents a family shattered, dreams cut short, and a community left traumatised,” the association said.

It warned that the persistent attacks must not be allowed to become the new normal in Plateau State, while calling on the Federal and state governments, as well as security agencies, to intensify efforts to protect residents and their property.

“The protection of lives and property is a primary responsibility of government, as expressly provided under Section 14(2)(b) of the Constitution of the Federal Republic of Nigeria,” the association said.

The group demanded increased security presence in vulnerable communities, improved intelligence gathering and rapid-response mechanisms to prevent further attacks.

It also called for the immediate investigation of the killings and the arrest and prosecution of those found responsible.

The BYM expressed condolences to the families of Bwede and Dadong and the people of Rim, while urging residents to remain calm and cooperate with security agencies as efforts to restore security in the affected communities continue.

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