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FRESHWORKS PROFIT FORECAST
Freshworks lifts annual revenue, profit forecast on steady demand for AI softwareFreshworks has increased its 2025 revenue forecast to $815.3-$824.3 million, exceeding analyst predictions, supported by rising demand for ...
Rural fintech’s budget plea; Zoho’s new CEORural fintech startups seek a helping hand from the government through an equity support fund. This and more in today’s ETtech Morning Disp...
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.
Summon likely for Apple over threat alert; a new-age company trend in IPOsA parliamentary committee may summon representatives from Apple after several opposition leaders said they received an alert of a potential...
Freshworks targets 18-19% annual revenue growth on back of winning large clientsDuring the June quarter, Freshworks had 855 customers providing it with annual recurring revenue (ARR) of more than $100,000, against 737 s...
Reliance, Nvidia to develop AI infra in India; Freshworks draws large customersMukesh Ambani-led Reliance Industries has tied up with chipmaker Nvidia to develop India’s own foundation large language model. The petroch...
More exits at Freshworks; HR, marketing heads quitChief human resources officer Suman Gopalan and chief marketing officer Stacey Epstein are leaving the firm, the company said in a statemen...
Policy changes in online gaming, ecommerce; CXOs log out of unicorns to start upIt was a busy Wednesday for policymakers and one that could hold serious ramifications for India’s tech and startup ecosystem. Today’s ETte...
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 reports 19% jump in revenues, expects $28 million operating profit for 2023The Chennai and San Mateo, California-headquartered company said its net loss shrank to $35.66 million, or 12 cents per share, in the first...
India’s Startup Mafia 2.0: Oyo, Ola, Udaan lead the wave of entrepreneurship; more women logging out of tech jobsIndia’s top internet firms like Flipkart have been fertile breeding grounds for entrepreneurs who left jobs to start something of their own...
Online gaming to attract investment after tax policy; Freshworks posts first adjusted operating profitFinance Minister Nirmala Sitharaman said the GST Council is currently discussing a taxation policy for online gaming, adding that the secto...
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...
Swiggy’s Instamart push; 8i Ventures eyes larger second fundThe capital commitment comes at a time when ultra-fast grocery delivery has become highly competitive with a slug of investor capital comin...
Paytm IPO ‘very high-risk’; How tech IPOs are differentPaytm’s IPO may be the biggest India has ever seen but it might not be the most bankable. Investing in the Rs 18,300 crore offering could b...
ET GBS: Can startups navigate a Black Swan event?Industry experts say rocky times will separate winners and losers among startups.
Can startups navigate a Black Swan event“I see a replay of 2008 (Lehman Brothers crisis) scenario. We are seeing a very choppy business environment. It’s the time when grain gets ...