Public Market IPO
Freshworks hikes IPO pricing from $32 to $34 on stronger investor demand
Source Mint (opens in a new tab)
SaaS solutions provider Freshworks Inc is raising the price for its initial public offering after stronger-than-anticipated demand from investors. The firm has increased its price range for shares to USD 32 to USD 34. That would raise the target corpus to USD 969 million from the earlier target of USD 912 million.