EnterpriseTech
Peak XV Sells Over 1% Stake in Freshworks For $52 Mn
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SUMMARY
Peak XV sold nearly 2.9 Mn shares though multiple market transactions between December 9, 2024 and January 28, 2025
Before selling the stake, Peak XV held 5% stake with over 11.70 Mn shares
Freshworks’ founder and executive chairman Girish Mathrubootham sold 2.5 Mn shares of the company worth approximately $40 Mn in December last year
Venture capital firm Peak XV has offloaded over 1% stake in Nasdaq-listed SaaS major Freshworks
for $52 Mn (around INR 454 Cr), as per a US Securities and Exchange Commission (SEC)…
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