Salesforce rival Freshworks raises $1.03b in US IPO

Salesforce rival Freshworks raises $1.03b in US IPO

Photo: Freshworks

Founded in Chennai, India, in 2010, Business software firm Freshworks said it had priced its U.S. initial public offering well above the target range to raise $1.03 billion, valuing the Salesforce.com rival at $10.13 billion as hybrid work fuels demand for its products.