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SaaS Unicorn Freshworks Launches its Second India Office at Bengaluru

21Sep By Gauri SinghNo Comments

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SaaS Unicorn Freshworks Launches its Second India Office at Bengaluru

Customer engagement software company Freshworks launched its second India office at Bengaluru. This unit will act as a second engineering center and will be focussed on building new platforms and to dedicate more resources to its data science requirements. The SaaS unicorn is preparing for scale - and handling a larger customer base will require the extra hands onboard. This will also help the company to go upmarket and win over bigger deals. “Speeding up product development and enhancing our AI/ML capabilities will be the prime focus as we continue to invest in nurturing niche engineering proficiencies. Bangalore will strengthen our Platform Services, Data Science, Data Platforms and Site Reliability Engineering teams,” said STS Prasad, Senior Vice-President of Engineering at Freshwor...

Top 5 Funding of The Week (30th July – 4th August)

Funding is a vital part of every enterprise. Especially, in the case of startups, funding plays a great role in the growth and expansion processes. This week witness various rounds of funding from various companies that raised funds from different investors. Investment from the right investor can do wonders to a company and change its overview completely. The largest amount of funds that were raised were $120 million by Cure.fit which is a health and fitness startup. Let’s now talk about the top five funding activities that took place in the previous week. 1) Cure.fit Starting with the biggest funding round, Health and fitness startup Cure.fit raised $ 120 million funding (Rs 824 crore) in new round of funding led by IDG Ventur...

Software Provider Freshworks Acquires Sequoia Capital Backed Zarget

Cloud-based business software provider Freshworks (earlier Freshdesk) has acquired Zarget, a website analytics startup backed by marquee investors including Sequoia Capital. This marks the ninth acquisition by Freshworks in the past two years. This acquisition will help Freshworks focus on building marketing solutions for businesses of all sizes, although the terms of the deal were not disclosed. It had earlier acqui-hired chatbot start-up Joe Hukum, data integration platform Pipemonk and social media customer service firm Airwoot, among others. “A growing number of our customers have been asking us to help them in marketing initiatives. Today, our software powers customer engagement across every aspect of the customer journey -from acquisition to support. Acquiring Zarget will enable ...