Indian tech tycoon Bhavin Turakhia is staking $30 million of his own fortune on a bold premise: the age of generative AI demands a complete reimagining of workplace software, not just AI add-ons to legacy tools like Microsoft Office.

His new venture, Neo, is an enterprise work platform that aims to fuse project management, documents, file storage, and AI into a single, deeply integrated system. Rather than treating AI as a chatbot that sits on the side, Neo is designed so that AI becomes an active collaborator in everyday work, surfacing information, drafting content, and coordinating tasks across teams.

Turakhia, a 46-year-old serial entrepreneur, has a long history of building infrastructure-style technology companies. He co-founded domain and hosting group Directi, registry operator Radix, workplace chat tool Flock, and banking software firm Zeta, often bankrolling early growth himself before bringing in outside capital. With Neo, he is again writing the first big check personally, arguing that the scale of the AI shift justifies such a concentrated bet.

His core contention is that incumbents like Microsoft and Google are constrained by products architected long before generative AI. Retrofitting those suites, he argues, is like trying to turn a Nokia into an iPhone by swapping parts. Neo, by contrast, is built “AI-first” and model-agnostic, allowing enterprises to plug in and switch between different AI models as the underlying technology and regulatory landscape evolve.

The market he is entering is already crowded and fiercely contested. Tech giants are racing to embed AI across email, documents, spreadsheets, and collaboration tools, while startups from productivity platforms like Notion and Superhuman to AI labs such as OpenAI and Anthropic are vying to define the future of knowledge work. Yet Turakhia insists enterprise software rarely produces a single dominant winner and that even a low single-digit share of global AI workplace spending could translate into a company larger than any he has built before.

Neo has been tested internally across Turakhia’s portfolio, including Zeta, with the initial platform reportedly built in just three months by a compact engineering team heavily assisted by AI. The Bengaluru-based startup employs about 45 people and is preparing to roll out its product to mid-sized businesses, initially targeting knowledge workers in technology, consulting, and professional services. Hiring is set to accelerate, with headcount expected to more than double as Neo races to prove that a ground-up AI redesign can carve out space in a market dominated by Microsoft Office and Google Workspace.