WILMINGTON, DE — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) this week announced the appointment of Ravi Jayagopal as CEO of WPFolio, a WordPress plugin development company and a subsidiary of Onfolio Holdings Inc.
Mr. Jayagopal brings more than 25 years of experience in the online business industry, and a deep understanding of WordPress and its capabilities as a tool for entrepreneurs and digital creators, which is a large customer segment for Onfolio. Mr. Jayagopal has written eight books on the utilization of popular technology platforms, is a software architect, podcaster, WordPress developer, digital marketer, and speaker. He has been a prominent figure in the WordPress community for many years.
Following triple-digit growth during the fourth quarter of 2022, (Q4 10K) Onfolio’s senior management determined the strategic importance of decentralizing the management structure of its subsidiaries by appointing CEO’s for each of Onfolios businesses. Mr. Jayagopal is among the first new appointments utilizing this new approach. Onfolio Holdings’ ongoing strategy continues to be to buy profitable online businesses across a wide range of verticals. Through the careful appointment of industry leaders for each of its portfolio companies, Onfolio believes that it can effectively accomplish rapid growth.
Mr. Jayagopal stated, “I fell in love with WordPress in 2004 when I started my first blog and have been using WordPress ever since. Creators use WordPress to develop, sell and deliver free and paid content. At WPFolio, we are dedicated to serving this incredibly passionate group, by creating WordPress plugins that can help them serve their audience while empowering them to deliver premium content to their members in a safe & secure way that protects their intellectual property against piracy. I’m also looking forward to broadening our WordPress portfolio and reinforcing Onfolio’s dedication to the creator community through the development of new, robust WordPress plugins, as well as acquiring existing ones over the coming months.”
WordPress powers 43% of all websites on the Internet today, accounting for more than 810 million websites, which are run by entrepreneurs, digital creators, and small businesses who create membership sites, online courses, and paywalled premium content.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News.