Accel closes $650 million for new India fund [TechCrunch]
Freshworks Inc. (FRSH)
Last freshworks inc. earnings: 3/14 04:05 pm
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Source: TechCrunch
The new fund follows the firm's seventh India fund secured in March 2022 . Accel — which has backed companies including e-commerce group Flipkart, food delivery platform Swiggy and software group Freshworks — has established itself as India's most successful venture firm, serving as the first institutional investor in its portfolio companies. The firm wrote the first institutional cheque for Flipkart at a $4 million post-money valuation — an investment that has since surged in value, with Flipkart now worth more than $36 billion. Partner Anand Daniel led Swiggy's seed round at a $2m pre-money valuation. Swiggy went public in November in what was the largest global technology IPO of 2024 , at a valuation of $11.3 billion. By 2022, the firm's top-performing startups had collectively exceeded $100 billion in valuation. The Indian startup dynamics has changed a lot since Accel first entered more than a decade ago. A key shift has been the increasing number of public listings, addre
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FRSH
News
- 3 Big Reasons FRSH Should Be On Your Watchlist [Yahoo! Finance]Yahoo! Finance
- Freshworks Inc. (NASDAQ: FRSH) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.MarketBeat
- Customer service teams are behind on AI usage policies [Yahoo! Finance]Yahoo! Finance
- Axios HQ Acquires Mixing Board to Expand the Only B2B Comms Solution by, for, and With Communicators [Yahoo! Finance]Yahoo! Finance
- Should You Investigate Freshworks Inc. (NASDAQ:FRSH) At US$16.35? [Yahoo! Finance]Yahoo! Finance
FRSH
Earnings
- 11/6/24 - Beat
FRSH
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 12/30/24 - Form 4
- FRSH's page on the SEC website