Funding Galore: Indian Startup Funding Of The Week [Nov 4-9]
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India, Nov. 9 -- We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!
In one of the biggest funding round this week, Chennai-based software-as-a-service (SaaS) unicorn Freshworks closed a $150 Mn funding round led by tech giant Google, and its existing investors, venture capital firms Sequoia and Accel. With the recent investments, the company is now valued at $3.5 Bn after this funding round.
Founded in 2010 by Mathrubootham and Shan Krishnasamyas as a helpdesk software for customer support, Freshworks is planning to launch an initial public offering (IPO) by 2021. The listing is expected to be on New York-headquartered stock exchange, NASDAQ. The company is also working to create increased awarenes...
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