Freshworks

The funding round is led by Binny Bansal-backed 021 Capital

Company plans to expand sales in Southeast Asia, US and Europe

SpotDraft’s average revenue per customer is around $100K per year

637 unique startups were founded in 2018

Over $11 Bn was invested across 743 deals last year

2018 saw the making of the largest number of unicorns in a single year in India

This is the last edition of movers and shakers in 2018

BankBazaar revised its plans to hire upto 1,000 new employees for FY19

Beyond the global synergies, 2018 had saw some high profile management shuffles

India is currently home to 26 unicorns with maximum attaining the unicorn tag in 2018

OYO and Ola emerged as the unicorn stars, expanding to foreign shores aggressively

BYJU’S threw a parting surprise by becoming the fourth most-valued unicorn in India

Flipkart co-founder Binny Bansal resigned from his position as the chief executive and chairman for Flipkart Group

Walmart said that Bansal’s decision to step down from the post came in after an independent investigation was done on behalf of Flipkart and Walmart

Myntra-Jabong CEO Ananth Narayanan will continue to lead the team

Tiger Global has selected two startups, Fyle and Facilio

The term-sheets has also been issued to these startups as claimed by the VC firm

The VC firm will invest from its new $3.75 Bn fund dubbed as Tiger Global Private Investment Partners XI

Freshworks raised $100 Mn in funding from Sequoia, Accel Partners, and CapitalG at a valuation of $1.5 Bn to join the much-coveted unicorn club

The company raised a $5 Mn Series B funding round led by Tiger Global in 2012 after just one meeting with Lee Fixel

Girish shared that because Freshworks is backed by both Accel Partners and Tiger Global, they call themselves ‘Accelerated Tiger’

Mastercard partners with the iconic cricketer Mahendra Singh Dhoni as an ambassador

Walmart is reportedly bringing four of its executives to the team of Indian ecommerce unicorn Flipkart

Zomato has appointed G. T. Thomas Phillippe as its General Counsel

Alibaba Chief Executive Officer Daniel Zhang will takeover after Jack Ma’s retirement

WhatsApp Pay may rope in former Paytm vice-president Amit Lakhotia as the head of the payments entity

InCred has hired a new Human Resources Head while FastFox has appointed a new strategist

With nearly 1,300 employees, Freshworks has already achieved $100 Mn annual recurring revenue

India ranks in the top three markets for executive job growth for 2018, along with the US and China

Girish says the core of senior leadership hiring is ensuring the right culture fit and leaders who connect with people from the "heart"

The Indian Ministry of Civil Aviation has released Drone Regulations 1.0

The Commerce and Industry Ministry will be setting up three task forces including the new age and future technology task force

Google Tez Becomes Google Pay, UIDAI suspends services of banks for mis-performing and more

Freshworks raised $100 Mn in funding from Sequoia, Accel Partners, and CapitalG at a valuation of $1.5 Bn to join the much-coveted unicorn club

Girish Mathrubootham said he doesn't believe in celebrating the unicorn status

He added that for the company, the newly achieved status raises the bar even as they are stronger and more excited than ever before