Freshworks to raise $912 million through IPO in the US

Freshworks to raise $912 million through IPO in the US

New Delhi, Sep 13 (PTI) Technology firm Freshworks will raise $912 million in the US through an initial public offering (IPO).

The San Mateo, California-headquartered Software as a Service (SAAS) company was founded in 2010 by Girish Matrubootham and Shan Krishnasamy in Chennai

In a notice sent to the US Securities and Exchange Commission (SEC), Freshworks Inc. said it plans to offer 28.5 million Category A common shares at a maximum price of $32 per share.

The Company proposes to list Category A ordinary shares with the mark ‘FRSH’ on the NASDAQ Global Select Market.

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