Thursday, Mar 28 2024 | Time 19:18 Hrs(IST)
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Business Economy


Bhavin Turakhia-founded Titan raises $30 million from Automattic

New Delhi, August 3 (UNI) Entrepreneur Bhavin Turakhia-founded email start-up Titan on Wednesday said that it has secured a $30 million investment from Automattic, the parent company of WordPress.com.
The investment values Titan at $300 million.
"The investment in Titan comes on the heels of last month's announcement that Zeta, Bhavin's modern banking startup, reached unicorn status with a $1.45 billion valuation following a $250 million investment from SoftBank," an official statement said.
In Titan, Bhavin aims to disrupt the email market by delivering the first email suite built to bring businesses closer to their customers.
"Email is used by over 1/6th of the global population for work, yet very little innovation has happened in business email over the last two decades,” said Bhavin, Founder and CEO of Titan.
"In Titan, we've built a platform specifically designed for professionals and businesses with features that drive their goals – streamlining workflows, automating tasks and making conversations richer and more contextual," he added.
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