How Mumbai's Turkhiya brothers raised Rs 20,000 crore company by taking loan from father.
No one can say when luck turns around. Provided that we should continue our work without worrying about the fruits. Today's story is about the success of two real brothers of Mumbai who set a unique example of success in the business world at a very young age.
Chartered plane, fond of the world's most expensive vehicles and living in crores of luxurious bungalows, these brothers are counted among the richest people in the country today. These brothers are seen as the biggest figures in the Indian ad-tech world. These brothers raised about a dozen companies in their decade and a half career, out of which five companies are sold and are included in the list of India's richest people today.
Divyank Turkhiya and Bhavin Turkhiya are among the stalwarts of the country. The success story of these brothers owning personal property worth ten to ten thousand crores is truly inspiring. Born into a middle-class family in Mumbai, the Turkhiya brothers spent their childhood in Juhu and Andheri. A computer and programming enthusiast since childhood, at the age of just 13, along with his brother, he created a stock market simulation game to track stock market prices.
Day by day due to increasing interest in computers, his association with studies continued to break. Although under pressure from father, he enrolled for B.Com but never went to college. Throughout the day, both brothers used to keep coding at home. After gaining a tremendous hold in coding, these brothers planned to start their own businesses. But the biggest difficulty in starting the business was with the initial capital.
Both brothers somehow persuaded the father and in the year 1998, the father agreed to give 25 thousand rupees as loan. At that time, these brothers did not even think that they would join the billionaire club after 16 years. At the age of 16, along with his 18-year-old brother Bhavin Turkhiya, he set up the website's domain name company Directi with this money. Directives used to provide websites and internet services to Indian companies. Later 'BigRock' was born under the banner of this company, which is today a leading domain registrar company.
In 2001, the two brothers created a software program. The two brothers have already started a total of 11 start-ups under the banner of the director. Currently, the Directi Group has 1,000 employees and 1 million customers. The company is growing at a rate of 120 percent annually. A few years ago Turkhiya and his brother sold 4 brands to Endurance International Group for 1 thousand crore rupees. Media Net was created to compete with Google's Ad Sense. The license for this product is held by many publishers, ad networks, and international ad tech companies. Media Net operates from New York, Los Angeles, Dubai, Zurich, Mumbai, and Bangalore. It employs 800 employees. Media Net earned 1,554 crore last year.
A few years ago, he sold online advertising venture Media.net to a Chinese group for $ 90 million. In this case, he also overtook Google (bought Adobe for $ 750 million) and Twitter (bought Mopub for $ 350 million).
Both brothers are excellent coders despite not having an engineering degree. These brothers built such a huge empire on their own without anyone's help. Today, the Turkhiya brothers are known as First Indian Internet entrepreneurs.