Indian professional email startup Titan bags $30m in maiden fundraising
Photo: Pixabay
August 4, 2021
Professional email startup, Titan founded by serial entrepreneur Bhavin Turakhia on Tuesday said that it has raised $30 million as a part of its maiden fundraise from Automattic, the parent company of WordPress.com.
The investment marks the single largest investment ever made by Automattic and values Titan at $300 million, the company said.
Through the investment, Titan will be increasing its reach and selling its electronic mail (email) suite to Automattic and WordPress’ wide range of customers.
Founded in 2018, Titan’s e-mail suite helps businesses to schedule their mails, drop follow-up reminders, and provides templates to allow users to quickly send out new emails and recurring responses without having to draft them from scratch.
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