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(Created page with "{{Infow | title= Divyank Turakhia file:Verified.png | image = | caption = | birth_date = | birth_place = | nationality = | alma_mater = | occupation = | known_for = }} '''Divyank Turakhia''' is an Indian entrepreneur and tech industry pioneer. He is best known as the co-founder of Media.net, a leading global advertising technology company. With a strong background in technology and business, Turakhia has made significant contributions to the digital adve...")
 
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{{Infow
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| title= [[Divyank Turakhia]] [[file:Verified.png]]
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| image = [[Sujeet_kumar.jpg]]
| caption =  
| caption =  
| birth_date =  
| born =India
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|almamter=Narsee Monjee College of Commerce and Economics
| nationality =  
| nationality = Indian
| alma_mater =  
| networth = $1.76 Billion
| occupation =  
| profession= Indian-born computer-programmer, businessman
| known_for =  
| knownfor = Founder of Media.net
|founded= Media.net
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'''Divyank Turakhia''' is an Indian entrepreneur and tech industry pioneer. He is best known as the co-founder of Media.net, a leading global advertising technology company. With a strong background in technology and business, Turakhia has made significant contributions to the digital advertising industry and has been recognized for his entrepreneurial achievements.
'''Divyank Turakhia''' is an Indian-born serial entrepreneur, self-made billionaire, and investor. He is best known for founding Media.net, one of the world's largest online advertising businesses. Turakhia sold Media.net in 2016 for $900 million, making it the third-largest acquisition in the online advertising industry.


== Early Life and Background ==
== Early life and career ==
Divyank Turakhia was born in India and developed an early interest in computers and programming. Growing up in a middle-class family, he displayed exceptional talent and a passion for technology from a young age. Turakhia's parents recognized his potential and encouraged him to pursue his interests.
Turakhia developed an interest in programming at a young age and started programming at the age of 9. By the age of 14, he began internet consulting for large corporations. In 1998, at the age of 16, Turakhia co-founded a web hosting and domain registration business with a borrowed sum of $600 from his father.


== Career ==
== Career ==
Turakhia's entrepreneurial journey began when he was just 14 years old. Alongside his brother Bhavin Turakhia, he founded Directi, a web hosting business, in 1998. The brothers started with a meager investment and a vision to create innovative online solutions. Over the years, Directi expanded its portfolio to include various web-based businesses, such as domain registration, web hosting, and communication tools.
In 2005, Turakhia founded Skenzo, a domain advertising startup that quickly became the fastest-growing domain advertising business worldwide. Within two years, Skenzo achieved a valuation of over $200 million. Additionally, in 2014, Turakhia's hosting and domains businesses were acquired by NASDAQ:EIGI for $160 million.


In 2010, Turakhia co-founded Media.net, a contextual advertising company, with Bhavin Turakhia. Media.net quickly gained prominence for its innovative approach to advertising technology. The company developed a proprietary platform that enabled advertisers to display targeted ads based on the content of web pages. Under Turakhia's leadership, Media.net grew into a global powerhouse, serving ads to millions of users across the world.
Turakhia's notable achievement came with the establishment of Media.net in 2010. Under his leadership, Media.net grew to become one of the top 5 largest online advertising businesses globally. In 2016, he successfully sold Media.net in an all-cash deal worth $900 million, solidifying his status as a self-made billionaire.


Turakhia's visionary leadership and expertise in technology played a vital role in Media.net's success. He was instrumental in expanding the company's product offerings and establishing strategic partnerships with leading publishers and advertisers. His entrepreneurial spirit and commitment to innovation propelled Media.net to become one of the largest ad tech companies globally.
== Recognition and accomplishments ==
Turakhia has been featured on the list of youngest self-made billionaires globally. He reached his first million at the age of 18, his first hundred million at 23, and crossed the billion-dollar mark at the age of 34 in 2016. In 2018, he was recognized as the youngest billionaire on the Forbes List of Richest Indians.


== Awards and Recognition ==
== Personal life ==
Divyank Turakhia's contributions to the technology and advertising industry have garnered significant recognition. In 2016, he was honored with the prestigious Ernst & Young (EY) Entrepreneur of the Year award for the e-commerce and consumer services category in India. Turakhia was also listed on Forbes' annual list of billionaires multiple times, highlighting his remarkable achievements as an entrepreneur.
As of 15-06-2023, Turakhia has stepped down as the CEO of Media.net and has shifted his focus to running his global investment funds. His dedication to entrepreneurship and remarkable achievements have positioned him as a prominent figure in the business world.
 
Turakhia's success story has inspired aspiring entrepreneurs around the world. He is known for his dedication, perseverance, and unwavering belief in the power of technology to drive positive change. His entrepreneurial journey serves as a testament to the transformative potential of ideas and innovation.


== References ==
== References ==
[1] Forbes. "Divyank Turakhia." Retrieved from [link to Forbes profile].
*https://timesofindia.indiatimes.com/deals/-ma/Turakhia-bros-net-900-million-by-selling-ad-tech-startup-to-Chinese-investors/articleshow/53818104.cms<br>
 
[2] Ernst & Young. "EY Entrepreneur of the Year." Retrieved from [link to EY Entrepreneur of the Year].
 
== External Links ==
[link to Media.net website]


[link to Directi website]
*https://web.archive.org/web/20160930111014/http://www.bloomberg.com/news/articles/2006-08-21/asias-young-entrepreneursbusinessweek-business-news-stock-market-and-financial-advice<br<>
*https://en.wikipedia.org/wiki/Divyank_Turakhia
==External links==


[link to Divyank Turakhia's LinkedIn profile]
[https://www.linkedin.com/in/divyankturakhia/ to Divyank Turakhia's LinkedIn profile]

Revision as of 14:19, 15 June 2023

Divyank Turakhia is an Indian-born serial entrepreneur, self-made billionaire, and investor. He is best known for founding Media.net, one of the world's largest online advertising businesses. Turakhia sold Media.net in 2016 for $900 million, making it the third-largest acquisition in the online advertising industry.

Early life and career

Turakhia developed an interest in programming at a young age and started programming at the age of 9. By the age of 14, he began internet consulting for large corporations. In 1998, at the age of 16, Turakhia co-founded a web hosting and domain registration business with a borrowed sum of $600 from his father.

Career

In 2005, Turakhia founded Skenzo, a domain advertising startup that quickly became the fastest-growing domain advertising business worldwide. Within two years, Skenzo achieved a valuation of over $200 million. Additionally, in 2014, Turakhia's hosting and domains businesses were acquired by NASDAQ:EIGI for $160 million.

Turakhia's notable achievement came with the establishment of Media.net in 2010. Under his leadership, Media.net grew to become one of the top 5 largest online advertising businesses globally. In 2016, he successfully sold Media.net in an all-cash deal worth $900 million, solidifying his status as a self-made billionaire.

Recognition and accomplishments

Turakhia has been featured on the list of youngest self-made billionaires globally. He reached his first million at the age of 18, his first hundred million at 23, and crossed the billion-dollar mark at the age of 34 in 2016. In 2018, he was recognized as the youngest billionaire on the Forbes List of Richest Indians.

Personal life

As of 15-06-2023, Turakhia has stepped down as the CEO of Media.net and has shifted his focus to running his global investment funds. His dedication to entrepreneurship and remarkable achievements have positioned him as a prominent figure in the business world.

References

External links

to Divyank Turakhia's LinkedIn profile