A growth glitch for Freshworks amid stalling economy, class action suit

Despite bumps on the route, insiders believe that the company is still aiming for the sky

In September 2021, Freshworks became the third Chennai-based tech company to get listed on Nasdaq after Cognizant and Sify. It also became the first Indian software as a service (SaaS) company to do so. What initially caught everyone’s attention was the code name of the initial public offering, Project SuperStar.

This was named after idol Rajinikanth, whom the founder Girish Mathrub­ootham called maanaseega guru, which roughly translates to mean mentor or role model that lives in your mind, in his IPO filing. “Superstar is a man who is loved and worshipped by millions of fans globally. He is immensely successful