Back in 1998, when most of the kids, including me, could not foresee beyond high school curriculum, Turakhia brothers led the foundation of a technology company. Meet Divyank Turakhia and Bhavin Turakhia who jointly owns whooping $1.4 Billion company Directi. It is a group of several companies dealing in advertising, voice calling, web hosting, etc.
Divyank Turakhia and Bhavin Turakhia were self-taught computer geeks in late 90’s when digital world was in its early phase. The duo hailed from middle-class Mumbai based family.
Directi is almost two decades old company, but I am not sure how Turakhia brothers have managed to stay away from any media spotlight? But not anymore. Their recent sell-offs of companies have created a lot of buzzes as the deal landed them in the India’s richest list.
The Turakhia siblings started coding at the age of 9 on their own. This fact in itself is mind boggling as the Internet came into existence sometime in 1990. Also, at that time, things like Google and YouTube were an implausible dream.
In the year 1998, they borrowed meagre $600 from their father and started India’s first ICANN accredited domain registrar cum web hosting company called Directi. Directi was Turakhia brother’s sheer vision and grit which made them millionaire within few years.
Directi served Indian as well as foreign customers majorly in software services domain involving context analysis engines, anti-spam and antivirus solutions, communication applications, social networking software, instant messaging, monetization traffic solutions, online advertising solutions, DNS management products, and the web hosting control panels. This list is massive, isn’t it?
Currently, Bhavin Turakhia manages Directi from India which has more than 1500 employees. On the other side, In the year 2010, Divyank Turakhia moved to online advertising business and founded a company called Media.net.
Bhavin is mostly based in India whereas Divyank manages his online advertising business based out of Dubai and San Francisco.
The duo came into limelight in 2016 when they sold their company Media.net to a consortium of Chinese buyers for about $900 million. This deal was so massive in ad tech industry that it outshined Google’s $750 million acquisition of AdMob and even Twitter’s MoPub purchase for $350 million. This deal made them feature in India’s top 100 list of richest people.
Before Media.net deal, in the year 2014, they sold off their web presence business such as BigRock, LogicBoxes and Reseller Club to Nasdaq-listed Endurance International Group for $160 million.
None of their businesses has ever been dependent on any these sell-offs. Rather all of their companies are bootstrapped.
It will be even more fascinating for you to know that Turakhia brothers are still in the age group of 30’s. Bhavin is a few years older than Divyank. They started off in their career when they were teens. Both brothers were excellent coders of that time.
Bhavin created a stock market simulation game to trade stock prices when he was in tenth grade. On the other side, Divyank loved gaming to the extent that he developed three games as part of a school project when he was just 12.
Turakhia brothers were so busy after high school that they decided not to pursue any professional degree course like engineering since it could have been a colossal waste of their time. However, Bhavin and Divyank graduated in Bachelors of Commerce course from Sydenham College and Narsee Monjee College of Commerce and Economics respectively.
Their father, Mr Mahendra Turakhia, played an instrumental role in shaping his sons’ career. For instance, he encouraged Bhavin to become an avid reader. He made sure that Bhavin had access to several good reads including biographies, technical journals, etc.
You may also like to read:5 Steps To Develop Reading Habit
When it comes to hobbies, both brothers have similar kind of likings. Bhavin loves sports like snowboarding, wakeboarding, scuba diving whereas Divyank is fond of high adrenaline rush adventure sports like skydiving, paragliding, mountain climbing, flying planes, etc.
Divyank Turakhia maintains a high-profile life. You can often spot him easily in luxury sports car. He has a fleet of luxury cars. Turakhia brothers have strategically purchased homes in places like Mumbai, Dubai, San Francisco & Vancouver.
Magic number ‘2’
Two people have found some of the world’s biggest companies. Here are few examples to base my statement.
- Microsoft – Bill Gates and Paul Allen
- Apple – Steve Jobs and Steve Wozniak
- Google – Larry Page and Sergey Brin
- Yahoo – Jerry Yang and David Filo
- Twitter – Evan Williams and Biz Stone
- HP – Bill Hewlett and Dave Packard
Do you need more reference? I am sure, not. For any startup ecosystem, idea and people matter most. Even if one lacks somewhere then, the other partner may bring in a lot of value. Two like-minded people always complement each other.
It would not be wrong to include Bhavin Turakhia and Divyank Turakhia in the above list as they are also magical duos. Both are workaholics and have excellent coding skills. They share common interests, passion and hobbies. They even like to live, work and vacation together.
Inspiration for others
Turakhia brothers are the tremendous inspiration to millions who dare to dream big. Most of their company were bootstrapped, and yet they stood out in the crowd of big competitors. Bhavin even shares key six principles in building any successful business.