ToolsJuly 2, 2026via TechCrunch Startups
Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office
Why it matters
A well-funded entrepreneur is building a product-layer AI play in productivity software, signaling where the next wave of displacement may hit—and why incumbents' Office suites are now in the crosshairs of founders with serious capital.
Key signals
- Bhavin Turakhia's personal $30M investment in Neo
- Neo is his fifth venture, focused on enterprise software
- Targets Microsoft Office and Google Workspace/Apps
- AI-native positioning as core differentiator
- Published July 2, 2026
The hook
$30M. That's what Indian tech founder Bhavin Turakhia just bet on an AI-native Office alternative—directly challenging Microsoft and Google.
Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he's taking on Microsoft Office, Google Apps with AI.