Freshworks m-cap crosses $13 bn; over 12% employees turn 'crorepatis'

Freshworks is the first Indian SaaS company to get listed on Nasdaq

Termed a ‘superstar’ initial public offering (IPO), the debut by Freshworks on the Nasdaq has not only raised the company’s valuation multifold but also made more than 12 per cent of its employees in India crorepatis overnight.

Over 70 of these new crorepatis are under the age of 30. When asked about the wealth generation the IPO has created via employee stock options, Girish Mathrubootham, founder and chief executive officer of Freshworks, said, “I truly believe that wealth has to be shared with the people who created it, and not just for the founders to get richer. More than 500