Company Freshworks Inc.
Business Enterprise SaaS
Incorporated 2010
Funding till date $327 million
Scale of business
$300 million-plus Annual revenue in 2020, a 45% year-on-year growth
$120 billion Total addressable market
4,300 No. of employees; 400-plus partners
Next what?
Creating 5,000 millionaires in 10 years
*MARKET VALUATION POST NASDAQ LISTING
FOUNDED BY GIRISH MATHRUBOOTHAM and Shan Krishnasamy, Fresh works started as Freshdesk in Chennai in 2010. After the first funding of $1 million by Accel in 2011, the customer management software company had funding rounds every year. In 2018, after raising $100 million, it was rebranded Freshworks, with a $1 billion valuation. Today, it has over 50,000 customers across 120-plus countries and is currently valued at $13.4 billion following a $1-billion IPO and Nasdaq listing on September 24, the first global product company from India to do so. CEO Mathrubootham is a fan of Rajnikanth, but on what the future holds, he chose SRK’s line, “Yeh toh baas trailer tha, picture abhi baaki hai” (This is just the trailer, the main movie is yet to come).
The Idea!
This story is from the October 2021 edition of Fortune India.
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This story is from the October 2021 edition of Fortune India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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