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  • SaaS firms brace for rough ride as macroeconomic conditions worsen Nov 10, 2022 01:32 PM IST

    SaaS firms brace for rough ride as macroeconomic conditions worsen

    While many investors still bat for the sector calling it “just another cycle of correction”, there is fear that valuations for SaaS companies will see sharper cuts as more layoffs and cost rationalization are on the cards.

  • Trouble for Freshworks as US-based law firms file class action lawsuit Nov 02, 2022 09:55 PM IST

    Trouble for Freshworks as US-based law firms file class action lawsuit

    Scott+Scott said that the company’s net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating during IPO.

  • Freshworks posts 37% rise in Q3 revenue at $128.8 million, reduces growth forecast Nov 02, 2022 09:10 AM IST

    Freshworks posts 37% rise in Q3 revenue at $128.8 million, reduces growth forecast

    Despite the slow growth in the economy, CEO Mathrubootham said that the firm witnessed steady growth in markets like North America, in the mid-market enterprise segment.

  • Freshworks appoints Dennis Woodside as new president for heading global operations Aug 31, 2022 08:14 PM IST

    Freshworks appoints Dennis Woodside as new president for heading global operations

    Woodside’s role will specifically focus on executing the global strategies of Freshworks and making sure that the company’s GTM is aligned, Mathrubootham said.

  • Moneycontrol Selects: Top stories this evening Aug 03, 2022 06:11 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Freshworks Q2 revenue jumps 37% YoY, will prioritise go-to-market investments in short term Aug 03, 2022 01:09 PM IST

    Freshworks Q2 revenue jumps 37% YoY, will prioritise go-to-market investments in short term

    Freshworks CEO Girish Mathrubootham says they are witnessing higher churn among their SMB customers who are facing macro pressures

  • Book excerpt: 'Startup Compass: How Iconic Entrepreneurs Got It Right' by Ujwal Kalra, Shobhit Shubhankar, IIM Ahmedabad May 21, 2022 07:35 PM IST

    Book excerpt: 'Startup Compass: How Iconic Entrepreneurs Got It Right' by Ujwal Kalra, Shobhit Shubhankar, IIM Ahmedabad

    While starting Freshworks, Girish Mathrubootham resolved to focus on riding the wave of existing trends in the market. Here's why.

  • Freshworks March quarter revenue jumps 42% YoY; company forecasts slower sequential growth next quarter May 04, 2022 01:24 PM IST

    Freshworks March quarter revenue jumps 42% YoY; company forecasts slower sequential growth next quarter

    Freshworks saw operational losses increase to $47.1 million for the quarter from $1.7 million a year ago primarily due to a rise in stock-based compensation expense.

  • Seed fund Together is seeing early traction for Web3, crypto: Girish Mathrubootham Feb 16, 2022 04:24 PM IST

    Seed fund Together is seeing early traction for Web3, crypto: Girish Mathrubootham

    The $85-million Together fund was launched in July 2021 by a group of SaaS founders—Freshworks' Mathrubootham, Eka Software’s Manav Garg and former Matrix partners Shubham Gupta and Avinash Raghava

  • I don’t look at price of my house every day, markets will self-correct in long term: Freshworks CEO Girish Mathrubootham Feb 11, 2022 06:33 PM IST

    I don’t look at price of my house every day, markets will self-correct in long term: Freshworks CEO Girish Mathrubootham

    It may have made a dream debut on the Nasdaq, but Freshworks stock has come under pressure.

  • Freshworks crosses $100 million revenue quarterly milestone Feb 11, 2022 09:40 AM IST

    Freshworks crosses $100 million revenue quarterly milestone

    For the full year ended December 2021, the company reported $371.0 million in revenue, up 49 percent compared to 2020. It reported a loss from operations of $204.8 million, compared to $56.1 million in 2020.

  • We wouldn't be where we are today without the IT boom: Girish Mathrubootham Dec 01, 2021 02:08 PM IST

    We wouldn't be where we are today without the IT boom: Girish Mathrubootham

    He also spoke about the challenges in the RBI payment guidelines, which is not helping SaaS players. He has suggested creation of whitelist of good companies that are allowed to build their businesses for ease of business.

  • Freshworks announces new unified CRM solution for startups called Freshstack Nov 11, 2021 06:41 PM IST

    Freshworks announces new unified CRM solution for startups called Freshstack

    Freshworks also unveiled new capabilities for its cloud-based service desk and IT service management Freshservice to go deeper into the $34 billion IT Operations Management market.

  • Freshworks employees, others to sell shares worth over $500 million Nov 08, 2021 10:45 PM IST

    Freshworks employees, others to sell shares worth over $500 million

    Girish Mathrubootham-led Freshworks had become the first Indian SaaS firm to go public on the US stock exchanges in September this year.

  • Freshworks reports net loss of $107 million in first earnings after US listing in September Nov 03, 2021 11:26 AM IST

    Freshworks reports net loss of $107 million in first earnings after US listing in September

    Freshworks’s revenue was $96.6 million for the quarter, up 46 percent year-on-year, from $66.18 million it posted in the same quarter last year. Freshworks expects to close Q4 with $99-104 million in revenue. For the full year 2021 the company expects revenue to be in the range of $364.5 million to $366.5 million.

  • Moneycontrol Masterclass LIVE | Freshworks IPO: An Infosys moment for Indian SaaS? Oct 01, 2021 07:39 PM IST

    Moneycontrol Masterclass LIVE | Freshworks IPO: An Infosys moment for Indian SaaS?

    In March 1999, Infosys created history by becoming the first Indian company to list on the Nasdaq. An event that not only raised the company's profile but also that of Indian IT. Fast forward to 2021, and Freshworks has scripted history by becoming the 1st Indian SaaS (software as a service) provider to list on Nasdaq. Is this a tipping point for Indian SaaS? Will we see more SaaS IPOs in the coming years? Will it create more millionaires in India? Watch our special discussion on ​The SaaS Boom: A Trillion Dollar opportunity for India?

  • The SaaS Boom: A trillion-dollar opportunity for India Sep 30, 2021 12:34 PM IST

    The SaaS Boom: A trillion-dollar opportunity for India

    In March 1999, Infosys created history by becoming the first Indian company to list on the Nasdaq. An event that not only raised the company's profile but also that of Indian IT. Fast forward to 2021, and Freshworks scripted history by becoming the first Indian SaaS (software as a service) provider to list on Nasdaq. Is this a tipping point for Indian SaaS? Will we see more SaaS IPOs in the coming years? Will it create more millionaires in India? Watch our special discussion on ​The SaaS Boom: A Trillion Dollar opportunity for India? on October 1st, Friday at 6 pm

  • Hello World | Where should wannapreneurs hang out? Sep 29, 2021 02:42 PM IST

    Hello World | Where should wannapreneurs hang out?

    Hint: Not on social media.

  • Freshworks’ listing is a defining moment for India's IT sector Sep 24, 2021 10:27 AM IST

    Freshworks’ listing is a defining moment for India's IT sector

    Freshworks listing lays a path for India’s start-ups to list in the US market and also heralds the coming of age of India’s software as a service sector (SaaS)

  • Girish Mathrubootham: Freshworks IPO is a Roger Bannister moment for Indian SaaS, 'apna time aa gaya' Sep 23, 2021 07:37 AM IST

    Girish Mathrubootham: Freshworks IPO is a Roger Bannister moment for Indian SaaS, 'apna time aa gaya'

    The Freshworks IPO has created 500 crorepatis in India, 70 of whom are below 30 years of age, Mathrubootham told Moneycontrol in this interview.

  • Freshworks IPO creates more than 500 crorepatis in India, with 70 of them aged below 30 Sep 23, 2021 07:28 AM IST

    Freshworks IPO creates more than 500 crorepatis in India, with 70 of them aged below 30

    The Nasdaq listing comes amid increased digitisation and growing adoption of remote work during the Covid-19 pandemic, which has seen SaaS IPOs in the US perform spectacularly, creating billionaires overnight

  • Freshworks opens with a 21% pop in its trading debut Sep 22, 2021 10:25 PM IST

    Freshworks opens with a 21% pop in its trading debut

    Freshworks, which is the first Indian software-as-a-service firm to go public on the US stock exchanges

  • IPO Lane | Freshworks creates history with Nasdaq listing Sep 22, 2021 08:47 PM IST

    IPO Lane | Freshworks creates history with Nasdaq listing

    Business software maker Freshworks create history by ringing the bell at Nasdaq MarketSite on September 22 as the company became the first Indian software as a service (SaaS) company to go public on the US stock exchanges.

  • Freshworks Nasdaq listing: Feel like an Indian athlete who won a gold medal, says Girish Mathrubootham Sep 22, 2021 07:58 PM IST

    Freshworks Nasdaq listing: Feel like an Indian athlete who won a gold medal, says Girish Mathrubootham

    Girish Mathrubootham-led Freshworks became the first Indian SaaS firm to go public on the US stock exchanges.

  • Why Freshworks IPO is a big moment for startups? Sep 22, 2021 05:30 PM IST

    Why Freshworks IPO is a big moment for startups?

    Girish Mathrubootham-led Freshworks stands apart from other Indian startups