Freshworks Founder's Share Sale Raises Eyebrows

In a recent move that has caught the attention of investors, Girish Mathrubootham, the founder of Freshworks, sold shares worth nearly $40 million in the software-as-a-service company. According to filings with the US Securities and Exchange Commission (SEC), Mathrubootham sold 2.5 million shares in two tranches on December 18 and 19.

This sale has reduced Mathrubootham's stake in the company from approximately 5% to around 4%. While the reason for this significant share sale is not immediately clear, it has sparked discussions about the future direction of Freshworks and the potential impact on its stock value.

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