India's young entrepreneurs outside of the big cities are making their mark on the world of business. The latest example is Kisan Bagaria, a promising young talent from Dibrugarh, Assam, whose all-in-one messaging app has netted him a whopping Rs 416 crore deal.
Bagaria's Texts.com has been acquired by Matt Mullenweg, the founder of Automattic Inc., renowned for WordPress.com, for $50 million. Not just that, Mullenweg also highlighted Bagaria's remarkable talent, calling him a "generational tech genius" with a lasting influence in the tech industry.
WordPress.com and Tumblr owner Automattic is adding another company to its portfolio with today’s news that it has acquired the all-in-one messaging app Texts.com for $50 million.
The app brings all your messaging apps together in a single dashboard, including iMessage, Slack, WhatsApp, Instagram, Telegram, Messenger, LinkedIn, Signal, Discord and X, with plans for more in the future, a company blog post announced.
With the acquisition, Texts.com founder Kishan Bagaria will join the company as the new head of messaging, along with the rest of the distributed Texts.com team.
(Edited by : Ajay Vaishnav)
First Published: Nov 2, 2023 1:15 PM IST
