Over 500 Freshworks Employees In India Become Crorepatis. Around 70 Of Them Are Aged Under 30
Around 76 per cent of Freshworks employees hold shares, as a result, over 500 of them have become crorepatis. 70 of them are under the age of 30.
Thanks to the Chennai and Silicon Valley-based company, with Freshworks getting listed on the Nasdaq, over 500 Freshworks employees in India are now crorepatis with 70 of them below the age of 30.
$FRSH on the @nasdaq! #Freshworks #IPO #NASDAQ pic.twitter.com/eNcMlcFxaN
¡ª Freshworks Inc (@FreshworksInc) September 22, 2021
Freshworks has rapidly become a well-known name in the start-up world of India. This is in no small part, thanks to its founder Girish Mathrubootham. In founding this company, he has readily displayed a very forward-thinking perspective in terms of execution and establishment.
It is the first Indian SaaS company to go public. The firm has about 4,000 employees.
Amazing day for all the founders across the globe in dreaming big and executing towards that dream. Congrats FRSH. Great to have partnered with @mrgirish from the day 1 of this company. Go @Accel_India pic.twitter.com/kXVL0tR2Ld
¡ª Shekhar Kirani (@skirani) September 22, 2021
"Our employees are also our shareholders. This IPO has allowed me the opportunity to fulfil my responsibility as a CEO to early shareholders, both VC investors and employees, who believed in the dream of Freshworks. We needed all the trust and belief of the early employees and investors, who joined us and believed in the dream. As CEO, it is immensely fulfilling for me to finish my responsibility as I take on the new responsibility of public investors who have now invested in the future of Freshworks," Mathrubootham said in an interview with Moneycontrol after getting listed on Nasdaq.
.@FreshworksInc makes a stellar debut on #Nasdaq, becomes the first Indian 'SaaS' company & the first unicorn to list on the exchange@nasdaq #Freshworks #FreshworksIPO $FRSH #NASDAQ #IPO #WallStreet #Saas pic.twitter.com/E3Fb8MvQsy
¡ª CNBC-TV18 (@CNBCTV18News) September 22, 2021
He also added how he is happy that so many employees got what they deserved as they have been important contributors to the growth of the company. He said that he is happy to share the wealth with the people who created this company and wishes to grow more.
He tweeted the same and said, "Today is a dream come true for me - from humble beginnings in #Trichy to ringing the bell at @Nasdaq for the FreshWorks IPO. Thank you to our employees, customers, partners, and investors for believing in this dream."
Today is a dream come true for me - from humble beginnings in #Trichy to ringing the bell at @Nasdaq for the FreshWorks IPO. Thank you to our employees, customers, partners, and investors for believing in this dream. #Freshworks #IPO #NASDAQ pic.twitter.com/fXz73YxXXR
¡ª Girish Mathrubootham (@mrgirish) September 22, 2021
Business software maker Freshworks made its trading debut on Wednesday at $43.5 per share on the Nasdaq, up 21 per cent from the company's listing price of $36 per share, giving it a market cap of $12.3 billion.
Freshworks is raising $1.02 billion as it set its IPO price at $36 per share, boosting its IPO share price for the second time in the past week and taking its valuation to over $10 billion. It began trading on the Nasdaq Global Select Market on Wednesday under the symbol ¡®FRSH' and the offering is expected to close on September 24, 2021.
Building, coordinating and crafting engaging content for lifestyle brand 'Evolve' at Indiatimes. Successfully revamping the lifestyle section including topics such as mental health, relationships, self, skin care, music etc. I collaborate with experts from various fields to gather insights and create well-structured pieces.
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