Freshworks aims for nearly $9 billion valuation in US IPO
https://techcrunch.com/2021/09/13/freshworks-aims-for-nearly-9-billion-valuation-in-us-ipo/
Freshworks disclosed on Monday that it is aiming for a valuation of up to $9 billion in its US initial public offering in which it is hoping to raise over $800 million.
The California-based firm, which started its journey in India and rivals Salesforce, said it plans to sell 28.5 million shares at a price range of $28 to $32. If the firm is able to sell its shares at the top range, it will raise $912 million. Freshworks had originally filed paperworks for its IPO in late August, but hadn’t disclosed several figures.