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Freshworks

658

Customer engagement software

SaaS
SaaS
IPO

Founded

2010

Team Size

5000

Total Funding

₹450 Cr

Valuation

₹46.2K Cr

About

Freshworks provides cloud-based customer engagement software for businesses including CRM, support, and marketing automation.

Unique Selling Proposition

Core Differentiator

Fresh, intuitive UI/UX with quick deployment for SMBs, offering enterprise-grade features at mid-market pricing with exceptional ease of use

Target Market

SMB and mid-market enterprises globally seeking affordable, modern alternatives to legacy enterprise software

Key Innovation

Democratizing enterprise software through consumerized design, freemium models, and product-led growth strategy

Competitive Moats
🔒Switching Costs
Strong

Deep integration into customer workflows across support, sales, and marketing with significant migration friction

Brand
Strong

Strong brand recognition as user-friendly alternative to Salesforce/Zendesk, particularly in SMB segment

🌐Network Effects
Medium

Marketplace ecosystem with third-party integrations and apps creates platform stickiness

💰Cost Advantage
Strong

India-based R&D operations enable competitive pricing while maintaining healthy margins

Funding Snapshot
Free preview

₹1,000 Cr

Total Raised

1

Round

IPO

Latest · 2021-09-22

Backed by

Public Market

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Full Funding History

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Funding History

IPO

2021-09-22

₹1,000 Cr

Investors

Public Market
Details

Location

Chennai, Tamil Nadu

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Financial Metrics

Annual Revenue

₹4,500 Cr

Growth Rate

32%

Funding Rounds

1

VedAI Score
658/1000
Developing