Indian entrepreneur Bhavin Turakhia is investing $30 million of his personal wealth into a new venture called Neo, an enterprise software platform designed to compete with productivity suites like Microsoft Office.

Turakhia, a serial founder known for building companies such as Directi, Radix, Titan, and Zeta, is once again bootstrapping a major technology project rather than relying initially on outside investors.

His core argument is that traditional workplace software, which was designed before the rise of generative AI, cannot simply be improved by adding chatbot features.Instead, he believes it must be completely rebuilt with AI at its foundation.

Neo is designed as an integrated workspace that combines documents, project management, file storage, and artificial intelligence into a single system.The goal is to make AI an active participant in everyday workflows rather than a separate tool that employees consult occasionally.

The platform is also model-agnostic, allowing businesses to switch between different AI models rather than being locked into a single provider, which Turakhia believes gives enterprises greater flexibility and control.The startup, which began internal development in April, has already been used within Turakhia’s other companies, including Zeta.

It is currently being prepared for a broader rollout to mid-sized businesses, particularly targeting knowledge workers in sectors such as technology, consulting, and professional services.

The company has around 45 employees and plans to expand to about 100 by the end of the year, with a strong focus on hiring AI and software engineering talent.Turakhia’s approach reflects a broader trend in enterprise AI, where founders and investors are rethinking productivity software from the ground up.

Competitors such as Microsoft, Google, Salesforce, OpenAI, and Anthropic are all embedding AI deeply into workplace tools, making the space highly competitive.Despite this, Turakhia believes even a small share of the enterprise AI market could support a large and sustainable business.