- The Group
- Established in - 1998
- Number of Employees - 1500+
- Offices - Mumbai, Delhi, Bengaluru, Dubai, New York, Los Angeles, Ras Al Khaimah, Zurich
- Revenue - $250+ million / year
- Group Enterprise Value - $1.4 billion
- Founders - Bhavin Turakhia, Divyank Turakhia
Directi comprises of a group of tech businesses owned, operated or invested in by Bhavin and/or Divyank Turakhia. The Group boasts of multiple business units that are run independently by their respective management teams.
The Directi portfolio companies comprise of Radix, Ringo, Flock, Zeta and Codechef. Media.net, owned by Starbuster TMT Investments, leverages the Directi brand and culture for recruitment in its India offices. Directi also comprised of BigRock, ResellerClub, LogicBoxes and WebHosting.info which were sold to the Endurance International Group in a $160 million transaction in 2014.
Across these businesses, Directi employs 1500+ people across 8 offices, with over 9 million customers, revenues of over $250 million and a group enterprise value of over $1.4 billion. The company has invested in multiple category leading global brands across business areas as diverse as web presence (domains, hosting, cloud-infrastructure), online advertising, communication & collaboration (voice and messaging) and payments (benefits and compensation).
Unique aspects about Directi:All Directi businesses are bootstrapped. None of the portfolio companies have any external debt or investments. All businesses (barring the newest ones) are profitable, and Directi generates healthy and growing profits and cash flows each year. All businesses are amongst the top 5 globally in their respective space. All of the 11 businesses of Directi are immensely successful, an uncommon occurrence in the startup space.
Launched Zeta, a mobile app to revolutionise compensation and benefits
Launched Flock, the smart enterprise communication app
Introduced Ringo, a low cost international and domestic calling app
Sold 4 business units (BigRock, Logicboxes, Webhosting.info, ResellerClub) to Endurance International Group
Introduced Radix, Asia’s leading registry for top-level extensions
LogicBoxes crosses the 6 million domains mark
LogicBoxes launches .XXX on its platform
LogicBoxes launches .AU
LogicBoxes partners with WHMCS
LogicBoxes powers 5 million domains on its platform
LogicBoxes launches SiteBuilder & SiteDesign services
LogicBoxes partners with HostGator
LogicBoxes launches .CA on its Platform
LogicBoxes & Skenzo organize the Brussels Beer Fest
LogicBoxes partners with .CO Internet
Directi hosts National Case Study Competition 2009 which attracts 1400+ students from the top B-Schools across India.
CodeChef comes out of Beta and is launched with new features and 15,000+ registered programmers.
LogicBoxes launches Accreditation.com.
ResellerClub launches .CN - the second largest TLD ever.
LogicBoxes and ResellerClub launch Unlimited Web and Email Hosting Solutions.
Directi moves to its new headquarters in Mumbai - "Directiplex".
LogicBoxes and ResellerClub launch FREE DNS, Mail and Domain Forwarding for all Partners and Resellers.
ResellerClub launches .TEL March 3rd, 2008: ResellerClub Launches .ASIA.
LogicBoxes surpasses the 4 million domains mark.
Directi launches CodeChef in Beta version - India's first, non-commercial, multi-platform online programming competition; followed by the launch of DesignChef.
For the fourth consecutive year, Directi features in the Technology Fast 500 Asia Pacific list by Deloitte.
LogicBoxes announces Domainer Accreditation Program.
ResellerClub - Directi Group's wholesale arm crosses the 2 million domain names mark and continues to be the 10th largest domain registrar worldwide.
Co-Founder, Divyank Turakhia, is featured as one of India's "New Business Leaders" by Financial Express.
Skenzo is ranked as the #1 Fastest growing domain parking company worldwide for 2007 by Revenue and Headcount.
For the third consecutive year, Directi is ranked amongst the Technology Fast 50 list by Deloitte and Touche.
Skenzo is featured in the List of Asia's Top 200 Private Companies by Red Herring.
Directi opens an office in China.
Skenzo is ranked as the #1 Fastest growing domain parking company worldwide for 2006 by Revenue.
For the second consecutive year, Directi is ranked among the Technology Top 50 India and Technology Top 500 Asia-Pacific fastest growing technology companies by Deloitte and Touche.
ResellerClub - Directi Group's wholesale arm is the second fastest growing domain registrar in the world for the month.
Divyank Turakhia is featured in the list of Asia's Top Young Enterepreneurs by BusinessWeek Magazine.
Directi is awarded the IT Day Award in the special achievement category.
Within seven months of its launch, ResellerClub - Directi Group's wholesale arm crosses the 1 million domain names mark becoming the 13th largest domain registrar worldwide.
Divyank and Bhavin Turakhia are featured as one of the country's Top Young Entrepreneurs in an exclusive interview on CNBC.
Directi Group purchases a new office facility to house 2500 employees, and appoints Hafeez Contractor for designing the same.
Directi Group launches its wholesale arm - ResellerClub that provides turnkey business process automation and end to end Web Services to its 25,000+ strong channel partner network.
Skenzo, the new startup business unit, announces that it shall now be run under the direct leadership of Divyank Turakhia. Turakhia plans to grow the startup into a full-fledged business.
DirectI Group is ranked 147th fastest growing technology company among the top 500 fastest growing technology companies according to Deloitte Technology Fast 500 Asia Pacific Program.
Directi Group is ranked 10th fastest growing technology company among the top 50 fastest growing technology companies according to Deloitte Technology Fast 50 India Program.
Directi Group surpasses the 500,000 customers' benchmark.
Directi Group hives off its Domain Registrar into a new Business Unit - Public Domain Registry - an exclusive white-labeled Domain Registrar.
Bhavin Turakhia wins the Bharti Entrepreneur of the Year Award instituted by the Entrepreneurship Development Institute of India.
Domain Registrar Business becomes one of the first 4 official .in Registrars.
Directi Group's Domain Registrar Business Ranks 15th in the list of Fastest Growing Registrars Worldwide.
Directi Group crosses 200,000 Customers worldwide.
Directi Group Launches LogicBoxes, its software and consulting arm which powers Registrars worldwide.
Directi Group Crosses the 100,000 Customers milestone.
Launches WebHosting.Info, the leading online news and statistics portal covering the Web Hosting industry.
Jumps 13 ranks to become the 63rd largest Registrar worldwide.
Jumps 12 ranks to become the fastest growing Registrar in Asia and the 76th largest Registrar worldwide.
Directi becomes the first and ONLY Company in India to get an ICANN Accreditation.
Bhavin is a serial tech entrepreneur and Co-founder & CEO of Directi. With over 17 years of technology experience, Bhavin brings in a deep understanding of the entire industry, a strong technical background, a keen business sense, and most importantly, a clear vision of the future of the industry. He is a respected personality in the Internet and Technology community, and a frequent speaker at various seminars, tech conferences and business college events.
Bhavin has also written several noteworthy papers on technology and e-commerce trends, and has spoken at various seminars across the globe on topics ranging from advertising on the Internet to the solutions for the startup ecosystem. He has won several awards, including the Bharti Entrepreneur of the year award in 2005. The Directi Group was also ranked 10th in the Deloitte Technology Fast 50 India program 2005, under his leadership.
Bhavin has always been a visionary and an inspirational leader to many young entrepreneurs. With his foresight to revolutionise technology, he realised ‘Change is the only constant’ in the IT industry. In 1998, he founded Directi - a technology centric company, with a focus on developing volume based Web Products and Services for a global audience. Today, the Directi group is not only an industry leading Web Services provider but also a pioneer in the Technology solutions vertical, serving a growing audience of customers in over 230 countries. The Group also boasts of 11 business units under its umbrella - four of which have been sold to the Endurance International Group.
In spite of the growing success and recognition, Bhavin has always encouraged a nimble startup culture at Directi, that provides a correct balance of flexibility, authority and responsibility.
His strong business skills, combined with a deep understanding of technology, are what keep Directi a market leader in all its service offerings. Bhavin’s extensive industry knowledge and deep understanding of market trends have guided the Directi Group’s vision and direction.Founder, Directi Group
Divyank Turakhia is a serial internet entrepreneur. Turakhia started his first internet business in 1996 at the age of 14. He founded the Directi Group in 1998 as a two person start-up with <$600. His significant contribution has allowed Directi to rank amongst the Top 500 fastest growing technology companies in Asia for 2005, 2006, 2007 & 2008 consecutively.
Divyank made his first million dollars at the age of 18, got his first 100000+ customers at the age of 21, saw his net worth cross $100M at the age of 23. Along with Bhavin, he is responsible for growing Directi's net worth to $1.4 billion. Divyank was featured in the list of Asia's Top Young Entrepreneurs by BusinessWeek Magazine in 2006. Later in 2007, he was featured in the Young Achievers List by Society Magazine, and in 2008, Financial Express featured Divyank as one of India's ‘New Business Leaders'. Bloomberg also featured Divyank as a ‘Winning Warrior’ in the year 2010. Over the years he has been featured in several global and regional publications such as Forbes, CNBC, Entrepreneur Magazine, Economic Times, Times of India, India Today, Education Times, Indian Express, Rediff.com, Express Computers etc.
In 2005, Divyank founded Skenzo as an independant startup, and in less than a year, grew it to become the #1 fastest growing domain parking company worldwide and now the #1 largest domain parking platform by revenue.
In 2010, he founded Media.net, which is now the #2 largest contextual advertising business worldwide by revenue, and one of the Top 5 largest ad-tech companies worldwide by market cap.