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Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
GitLab to cut jobs, reinvest in AI agents push: CEO Bill StaplesGitLab is cutting jobs to redirect resources towards the growing market for AI agents, aiming to capitalize on emerging "agentic" opportuni...
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
Cloudflare to cut about 20% of 5,000-plus workforce as AI adoption reshapes operationsCloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,100 global employees. This restructu...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
Freshworks cofounder Mathrubootham rejects ‘SaaSpocalypse’ prediction, says AI agents won’t kill industryMathrubootham said Anthropic’s February Claude Cowork plugins triggered a sell-off in markets across the globe, erasing $285 billion in sof...
Freshworks posts first full-year profit; stock hits all-time lowFreshworks reported a $39.7 million profit in the October-December quarter, reversing a $23.8 million loss a year earlier, as rising adopti...
How India’s tech majors are fixing AI code review bottlenecksFrom Swiggy's 100,000 reviewed pull requests to Freshworks' AI playground for non-technical staff, executives at the invite-only meetup, Th...
Thanks to AI demand, we're seeing hockey stick growth: Freshworks CEO Dennis WoodsideFreshworks raised its revenue growth estimates for the third consecutive quarter after reporting a 15% year-on-year rise in July-September ...
Girish Mathrubootham exits Freshworks: A timeline of the SaaS major’s 15-year journeyThe vision of the founder of the company is summed up in one of his posts: “I wanted us to think and act like a global company even if we w...
Girish Mathrubootham to exit Freshworks, 15 years after founding the SaaS majorGirish Mathrubootham, founder of Freshworks, will step down as executive chairman on 1 December 2025, ending a 15-year journey. Current lea...
Freshworks Q2 revenue rises 18% to $205 million, net loss narrowsFreshworks reported an 18% year-on-year revenue rise to $204.7 million for Q2, with net loss narrowing to $1.7 million. Boosted by strong A...
Freshworks bets on agentic AI to drive enterprise growth in 2025Speaking on the sidelines of the Freshworks’ experience event in Mumbai, Shelton Rego, vice president - India business, said the company is...
AI is a huge opportunity, much more than SaaS: Girish MathruboothamSpeaking at the annual SaaSBoomi event in Chennai on March 25, Mathrubootham said, “AI is exciting and scary at the same time. It is exciti...
Freshworks appoints Srinivasan Raghavan as chief product officer to drive AI-driven innovationSrinivasan Raghavan comes with over two decades of leadership experience in the enterprise SaaS industry. He joins the executive management...
Freshworks reports 20% revenue growth in Q2 at $174 millionThe Chennai-based firm also upped its revenue guidance. Freshworks has given a 2024 full-year guidance revenue of $707 -$713 million, which...
Digit cuts valuation for IPO; Internet firms vs Google in NCLATInsurtech startup Digit is eyeing a discounted $3 billion valuation through its proposed public offering. Details on this and more in today...
Freshworks to tie up with IIT-MThe California-headquartered company will initially partner with the centre on how to leverage AI to provide advanced lead scoring capabili...