Serial entrepreneur Bhavin Turakhia has officially launched Neo, an AI-native workplace platform designed for humans and AI agents to work side by side. According to reports from Business Standard, the platform brings work, knowledge and AI execution into a single connected suite to help enterprises realise productivity gains. Turakhia has committed $30 million of his own capital to build the company, with the platform having been undergoing internal testing since April 2026 and now ready for market launch. The entrepreneur told Business Standard that enterprises have struggled to unlock meaningful productivity gains from artificial intelligence because existing software was never designed for humans and AI agents to work together.
At the heart of Neo is Turakhia's belief that simply adding AI features to existing productivity suites will not fundamentally change how enterprises operate. As reported by Business Standard, he stated that "Bolting AI onto existing tools is not the right approach, much like bolting the internet onto desktop products was never the right approach." The entrepreneur said he began conceptualizing Neo last year, assembled the founding team about four months ago, and formally started work on the product in April. The core premise of Neo is that enterprise productivity tools must be rebuilt from the ground up to truly harness artificial intelligence. Turakhia illustrated this major technological shift by saying "If you want to build an iPhone, you cannot take Nokia parts and somehow turn them into an iPhone."
According to Business Standard reports, Neo includes several key components: 'Friday', an AI assistant and agent layer connected to more than 1,000 external applications; 'Tasket' for project management; 'Studio' for documents, spreadsheets and diagrams; and 'Drive', a collaborative file-sharing workspace. The platform seeks to centralize organisational knowledge and context so AI agents can operate on information without requiring multiple integrations across software suites. Unlike traditional productivity suites that treat AI as a secondary feature, Neo is built to integrate human and AI workflows seamlessly. The platform features model-agnostic infrastructure, allowing enterprise clients to easily swap between different large language models (LLMs) such as those from OpenAI or Anthropic, ensuring they can leverage the best model for specific tasks or control data costs.
As reported by Business Standard, Neo addresses the challenge that most organisations fail to capture AI value because context is fragmented, knowledge is scattered across teams and tools remain disconnected. Turakhia explained that "Neo changes that by centralising context and making AI a first-class participant in every workflow, not a tab beside it." The launch comes as enterprises worldwide seek practical ways to deploy AI beyond experimentation and into core business operations. Neo will initially target mid-market knowledge-work companies in sectors such as technology, IT services and consulting before expanding across industries. Unlike Zeta, whose core banking software is sold customer by customer, Neo will adopt a product-led growth strategy with a classic "land-and-expand" model.
According to Business Standard reports, the $30 million commitment should fund Neo for more than two years, giving the company sufficient runway before it needs to consider external fundraising. Turakhia said the bulk of the capital will go into two areas: engineering and go-to-market. The entrepreneur chose to fund Neo himself because of both conviction and precedent, noting that "Directi, Titan, Radix and Zeta were all initially funded with my own capital." He added that self-funding also imposes greater discipline, ensuring capital is deployed prudently. While the corporate AI sector is one of the most competitive and globally-dominated by heavyweights like Salesforce, Microsoft, and Google, Turakhia plans to scale Neo independently before eventually opening the floor to external investors.
