Freshworks becomes third Indian startup to enter unicorn club in 2018

Software provider Freshworks has become the third Indian startup to enter the unicorn club this year after it raised $100 million at a valuation of more than a billion dollars from existing investors Sequoia Capital, Accel Partners and CapitalG. Chennai-based Freshworks, which has now raised $250 million since its inception in 2010, also named Suresh Seshadri, a former senior executive at US-based software company AppDynamics, as its chief financial officer, ahead of a potential IPO.