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FRESHWORKS FINANCIAL RESULTS
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
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.
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...
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.
Flipkart eyes food delivery wars; Borrowing costs & fintechsHappy Thursday! Flipkart is exploring an entry into the online food delivery market. This and more in today’s ETtech Morning Dispatch.
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...
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...
Operating efficiency, customer adoption lift Freshworks Q1 revenue 19%; net loss narrows sharplyFreshworks reported a strong March quarter, with revenue increasing by 19% to $196.3 million and a significantly narrowed net loss. The com...
ED raids Amazon, Flipkart sellers; layoffs at FreshworksThe Enforcement Directorate has conducted search operations at the premises of Amazon and Flipkart sellers. This and more in today’s ETtech...
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...
Byju’s Rs 158 crore BCCI settlement; FirstCry IPO detailsEmbattled edtech startup Byju's has arrived at a settlement with the Board of Control for Cricket in India. Details on this and more in tod...
Girish Mathrubootham steps down as Freshworks CEOFreshworks founder Girish Mathrubootham has stepped down as the chief executive and is being replaced by Dennis Woodside. This and more in ...
Freshworks' board reworks CEO Girish Mathrubootham’s stock awardFreshworks’ board said the decision was taken in the backdrop of the macroeconomic headwinds that have created challenges for the company’s...
Freshworks revenue rises 19% to $153.6 million in September quarterExcluding items, Freshworks projects annual profit per share between 23 cents and 25 cents from its prior forecast of 18 cents to 22 cents.
Freshworks ups profit guidance to $28 million for 2023; Foxconn will pump $600 million in Karnataka unitsSoftware-as-a-service company Freshworks, which saw its revenue for the quarter ended June surge 19% to $145.1 million, expects to report a...
Freshworks Q1 results: SaaS major posts first adjusted operating profit, shares riseThe software as a service (SaaS) company has raised its full-year 2023 financial forecast midpoint for an adjusted operating profit of $5 m...
Freshworks beats Q3 estimates; employees can encash 20% of their stock as Diwali giftFreshworks’ strong Q3 performance comes ahead of what company cofounder and CEO Girish Mathrubootham said was a “Happy Diwali” for employee...
The making of Freshworks: From the ‘middle of nowhere in Chennai’ to a freshly-minted unicornFreshworks has indeed come a long way. Here's what makes the business software company click.