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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Chennai-founded SaaS company has been riddled with product and people issues ever since its IPO. Its new American CEO now has a lot to fix, build and rebuild.
So here is Freshworks, caught up in a relentless pursuit of the American dream. One that has been eluding the company for a while now.
In 2021, when the software-as-a-service (SaaS) company got listed, it didn’t seem like it would have as difficult a trajectory going forward. In fact, its billion-dollar initial public offering had made Freshworks—and founder Girish Mathrubootham—a story that every Indian startup aspires to. A great exit for investors, check. The first in its sector to seek a listing on Nasdaq, check. And finally, a stellar debut on the stock market, check.
Almost three years later, …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
After 15 years, more than $550 million in funding and over $200 million in revenue, the cloud kitchen startup must find a way to make a profit and go public. Grover is the man Rebel has chosen for the job.
