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SaaS platform Freshworks to raise more funding

SaaS platform Freshworks to raise more funding
Photo Credit: Photo Credit: Pixabay
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California and Chennai-based SaaS firm Freshworks is in talks with existing investors Sequoia Capital India and Tiger Global Management to lead a fresh funding round at a valuation of $2.5-3 billion.

Besides Sequoia and Tiger, the company is talking to new investors including mutual funds, media reports said.

The fresh round could be a precursor to establishing a valuation before its initial public offering in the US in the coming years.

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The discussions are in early stages and the size of the round is also uncertain for now, the reports added.


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