San Mateo's Freshworks valued at $10.13 billion after raising $1.03 billion in US IPO - NewsBreak

Freshworks, the San Mateo, California-headquartered business software start-up, backed by heavy-weight venture capital funds like of Sequoia Capital alongside Accel among others, had priced its US IPO (Initial Public Offerings) at the top end of a target range between $32 to $34 per share, valuing the Chennai, India-borne firm at an elephantine $10.13 billion, a source familiar with the subject-matter had unveiled late on Tuesday on condition of anonymity given the scale of sensitivity of the issue.