Moneycontrol PRO
HomeNewsBusinessStartupDecoding IPO-bound Freshworks in 5 charts

Decoding IPO-bound Freshworks in 5 charts

Girish Mathrubootham's enterprise software company, Freshworks could be valued at as much as $10 billion in its US IPO

Mumbai / August 30, 2021 / 13:25 IST
Freshworks founder and CEO Girish Mathrubootham [Image: Facebook/rathnagirish]
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Software firm Freshworks, over the weekend, filed its documents to go public in the US, a landmark moment for India's software startup ecosystem. Freshworks' prospectus reveals a lot about a relatively little-known sector and business, compared to consumer peers heading to the stock markets such as Policybazaar or the recently-listed Zomato.

    Here's a quick look at Freshworks' key numbers.

    Freshworks lost only $9 million in the last six months with an annual revenue run rate of over $300 million Freshworks lost around $10 million in the last six months with an annual revenue run rate of over $300 million

    Freshworks' customers cut across categories, from large companies to mid-market firms. Getting large clients helps it grow business by cross-selling even without new clients Freshworks' customers cut across categories, from large companies to mid-market firms. Getting large clients helps it grow business by cross-selling even without new clients

    freshworksipo3

    This key metric indicates how much Freshworks can grow if it doesn't add new customers. Cross-selling to large clients is a huge opportunity for SaaS companies This key metric indicates how much Freshworks can grow if it doesn't add new customers. Cross-selling to large clients is a huge opportunity for SaaS companies

    freshworksipo5

    Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

    M. Sriram
    M. Sriram
    first published: Aug 30, 2021 01:25 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347