Interview With : Bhavin Turakhia, Serial Tech Entrepreneur and Co-Founder & CEO of Directi
Updated on: 30 Jun 2016
Bhavin Turakhia is a serial tech entrepreneur and the Co-Founder & CEO of Directi. Directi boasts of 11 business units under its umbrella – four of which have been sold to the Endurance International Group in January, 2014. Currently, Directi's business units include Ringo, Flock, Zeta, Radix, Media.net, Skenzo and Codechef. These businesses comprise of 1500+ people across 10 offices, with over 9 million customers, revenues over $300 million and a group enterprise value of $1.4 billion. His strong business skills, combined with a deep understanding of technology and market trends are what keep Directi a market leader in all its service offerings.
Bhavin has also written several noteworthy papers on technology and e-commerce trends, and has spoken at various seminars across the globe on topics ranging from advertising on the Internet to solutions for the startup ecosystem. He has won several awards in his career till date.
He is a respected personality in the Internet and Technology community, and a frequent speaker at various seminars, tech conferences and business college events. TechStory interacted with Bhavin to understand the secret behind his success that young entrepreneurs can adapt in their early startup life. With over 18 years of technology experience, Bhavin brings in a deep understanding of the entire industry, a strong technical background, a keen business sense, and most importantly, a clear vision of the future of the industry.
1. What according to you has triggered the growing number of SMBs going online in the recent years?
I believe there are a few factors:
Culturally, India has historically been a risk averse nation when it comes to career paths. This is a country where the desire of every parent was to see their child become a doctor or an engineer and get a cushy job in a large brand. Over the last 4-5 years there has been a brewing culture shift, where it is no longer a taboo, and potentially is even glamorous to be an entrepreneur or part of a startup. This change in the cultural mindset is a crucial aspect. The amount of capital that has flown into India in the last 3 years has been potentially greater than the earlier decade. Easy access to capital always creates a platform for entrepreneurship. It has become much easier to start a new business. India is in many senses the last remaining "fast-growing" economy. We are one of the late entrants in the digital world and that makes this country of a billion people a land of opportunity in terms of high double or triple digit growth.
2. As a successful serial entrepreneur, how do you manage your time across different ventures?