Private Equity

PE Fund Investments

WestBridge invests $200-M in software developer Freshworks

Stock Exchange Data  

WestBridge Crossover Fund has invested over USD 200 million in Freshworks Inc through open market purchases over the past few months to acquire around 5.5% of the total outstanding shares and over 10% of the Class A shares.

From the Venture Intelligence PE-VC Deal Database: In Sep 2021, Freshworks Inc got listed on NASDAQ after raising over USD 1.03 Billion through its initial public offering (IPO) at a market cap of USD 10.13 Billion. The initial public offering of 28,500,000 shares of Class A common stock was priced at USD 36.00 per share.