Bhavin Turakhia Led Titan raises $30mn from WordPress Parent Company
Dubai, 4t Aug 2021: Titan, a professional email startup founded by serial entrepreneur Bhavin Turakhia has secured a USD 30 million (about Rs 222.7 crore) investment from Automattic, the parent company of WordPress.com.
This is the largest investment made by Automattic and values Titan at USD 300 million.
"(The investment has been made) with the goal of jointly working with us in a deep strategic relationship to both enable Automattic users to benefit from Titan and vice versa, as well as to work with us to achieve this vision of creating an outstanding email product for professionals and business users," Turakhia told Pixr8 News in a virtual briefing.
He added that people signing up on Wordpress.com with Automattic for a WordPress hosting website will have the ability to use Tit...