Forbes India listed Bhavin Turakhia at number 95 on its 2016 list of India's richest people, with a net worth of $1.3 billion. That is the most widely cited named figure. It predates Zeta's later funding rounds.
Most of that wealth came from Directi, the company he started at 18 with his brother Divyank and Rs 25,000. In 2014 the brothers sold four web businesses, BigRock, LogicBoxes, Reseller Club and Webhosting.info, to Endurance International Group for $160 million.
He then founded Zeta in April 2015 and put about $19 million of his own money into it in 2016. Sodexo invested in July 2019 at about a $300 million valuation. SoftBank Vision Fund 2 led a $250 million round at $1.45 billion in 2021, and a $50 million investment in February 2025 valued Zeta at $2 billion.
Zeta reported revenue of Rs 893 crore and net profit of Rs 119 crore for FY24. The company is unlisted and Turakhia said in February 2025 that no IPO is planned for several years, so his stake has no market price.