Freshworks Hikes IPO Target After Stronger Investor Demand
- Startup is raising its price range to up to $34 per share
- Software startup is riding a post-pandemic digital boom
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Freshworks Inc. is raising the price for its initial public offering after stronger-than-anticipated demand from investors.
The Silicon Valley software startup has increased its price range for shares to $32 to $34, Freshworks said in a filing with regulators on Monday. That would raise as much as $969 million.