Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

Bhavin Turakhia, founder of Indian tech companies Zeta and Flock, is investing $30 million of his personal funds in a new company called Neo to develop software that competes with Microsoft Office and Google Apps. Neo will incorporate artificial intelligence features into its product offerings. Turakhia has previously founded four other companies focused on enterprise software and related technology sectors. The company has not yet announced a launch date or detailed specifications for its product.

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