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Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.- 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.
- 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...
- 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...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- 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.
- Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...
- Why is Tim Cook 'over the moon' about India?Apple's outgoing CEO Tim Cook expressed immense excitement for India, highlighting strong double-digit growth in iPhone, iPad, and Mac sale...
- Very excited about Indian market, says Apple's Tim CookApple CEO Tim Cook is thrilled about India's market potential. iPhone, iPad and Mac sales are growing strongly. Despite this success, Apple...
- Girish Mathrubootham sells $40 million worth of Freshworks stockThe chairman of the board of directors of Freshworks sold 2.5 million shares in two tranches on December 18 and 19, filings made with the U...
- Westbridge Capital trims stake in SaaS firm Freshworks by 2%The India-focused investment fund now holds a 4% stake, worth $221 million, in Freshworks. In the September quarter, while Westbridge slash...
- 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 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 initiates $500 million share sale to tap listing gainsThe move comes after the mandatory lock-in period post IPO ended, allowing all vested shareholders to sell up to 20% of their holding in th...
- Freshworks beats Street, Q3 revenue surges 46% at $96.6 millionThe Street was expecting Freshworks' revenue for Q3 to be in the range of $90.8 million and that it would post a loss of 10 cents per share...
- Freshworks IPO has made 500 employees crorepatis, says CEO Girish Mathrubootham"I want all my employees to have BMWs," Freshworks CEO Girish Mathrubootham had told The Economic Times in an interview in 2015. After the ...
- Freshworks lists on Nasdaq after billion-dollar IPOThe Freshworks IPO saw the SaaS startup sell 28.5 million shares at $36 apiece, up from the marketed range of $32-34. Freshworks’ share pri...
- Freshworks’ share price surges 21% over IPO, market cap at $12.2 billionFreshworks had priced its initial public offering (IPO) above the top end of the range to raise $1.03 billion. It had earlier raised its pr...
- Freshworks to raise $1 billion in IPO at $10 billion valuationFreshworks plans to sell 28.5 million shares at a price of $36 in the IPO, up from the marketed range of $32-$34 the company announced earl...
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