Chennai-based company says 'vast majority' of its finances not held at failed US lender
The executive left at least six months ago; decision was announced at a company town hall meeting
Despite bumps on the route, insiders believe that the company is still aiming for the sky
The company's founder chief executive, Girish Mathrubootham too termed it as a structural change, rather than a company-wide layoff
One of the two law firms suing Freshworks is urging investors who have incurred losses of $100,000 to join the litigation, asserting that the company has violated federal security laws
As part of Freshworks Startup Program, companies can get going with up to $3,000 in credits for Freshstack
With digital transformation boosting enterprise tech intensity, Indian software-as-a-service players have gained immensely
Girish Mathrubootham shares his views on the journey so far, what his IPO means to the SaaS (software as a system) ecosystem in India
Freshworks is the first Indian SaaS company to get listed on Nasdaq
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At the current listing price of $36 per share, the company looks all set to raise around $1.03 billion from the offering
Freshworks will become the first Indian-origin software products startup to list on the US stock exchanges
Freshworks priced 28.5 million shares at $36 per share, the source said, requesting anonymity as the talks are confidential
Freshworks will list its stock on the Nasdaq under the symbol "FRSH"
Founder thanks Superstar Rajnikanth for being an inspiration
Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios
Freshworks has set its sights on increasing revenue to over $1bn inthe next five years as it prepares to take advantage of the vast untapped SaaS market
Seven of India Inc's leading decision-makers, who have themselves reimagined their businesses successfully many times, met virtually to select the winners
The firm's record year featured new product offerings, strategic acquisitions to accelerate AI and an expanded executive team to fuel its next phase of growth
The financing, subject to customary closing conditions, including US antitrust regulatory clearance, is expected to close by year-end