Indian SaaS startup Freshworks raises $1 bn via 'superstar' IPO in US

Excitement and a sense of achievement were evident as Girish Mathrubootham, founder and Chief Executive Officer of SaaS (software as a service) start-up Freshworks, got ready to ring the opening bell at the Nasdaq MarketSite on Wednesday.

Freshworks became the first Indian SaaS start-up to get listed in the US, and looks all set to raise $1.03 billion from its initial public offering (IPO), taking its valuation to $10.13 billion.

“I feel like an Indian athlete who has won a gold medal at the Olympics. I am really proud of how far we have come and more importantly I am