Why is Freshworks lowballing its IPO?
The first ever Indian software product company to list on the Nasdaq is tentatively looking to raise just $100 million in its IPO. It bears asking why.
September 03, 2021•12 min
0
September 03, 2021•12 min
0
More in Internet
Internet
Eyewear maker Lenskart to hit D-Street on 31 October
The company will raise Rs 2,150 crore through a fresh issue while institutional investors and promoters will be offloading 127.5 million equity shares via an offer for sale.
You may also like
Business
Can Meesho’s value-commerce playbook pass the IPO test?
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
Internet
Zepto’s fundraise overshadows Eternal’s quick commerce-driven Q2 growth
The well-timed announcement of Zepto’s $450 million funding on the day of Eternal’s September-quarter results foreshadows what the future holds for India’s quick-commerce landscape.
Internet
A guide to understanding Dubizzle’s high-profile public listing
The popular classifieds company has just announced a public offering in Dubai and filed its prospectus. We take a look at its trajectory and timing.