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    Freshworks posts first full-year profit; stock hits all-time low

    Freshworks reported a $39.7 million profit in the October-December quarter, reversing a $23.8 million loss a year earlier, as rising adoption of its AI offerings lifted margins. Revenue increased to $222.7 million, while full-year 2025 revenue grew 16% to $838.8 million. Despite this, the stock fell to $8.66 amid AI concerns.

    Freshworks forecasts annual profit below estimates amid AI-driven software worries

    While businesses are adopting AI-driven software from firms such as Freshworks for IT services, workflow automation and customer support improvement, ⁠the new ⁠sophisticated tools from AI firms promising to do the same could threaten their market.

    Girish Mathrubootham exits Freshworks: A timeline of the SaaS major’s 15-year journey

    The vision of the founder of the company is summed up in one of his posts: “I wanted us to think and act like a global company even if we were still a team of 10.” Per its website, the provider of enterprise-grade, AI-assisted service software has served more than 73,000 customers in over 120 countries.

    Conversational support platform ClearFeed raises $2.7 million in funding led by Peak XV accelerator Surge

    Other investors participating in the round included 8VC, as per a statement. The company said it will use the new funds for product development and also to grow its go-to-market teams.

    Freshworks launches Freshping, a website monitoring tool for SMBs, following its acqusition of Insping

    Up to 36% of the company’s revenues come from large customers while the remaining is from SMBs, Freshworks CEO Girish Mathrubootham had earlier indicated.

    Freshworks launches Freshconnect, a contextual communication tool

    Available to Freshdesk and Freshsales users, the tool would make it easier for customer-facing and internal teams to work more efficiently with each other on customer issues and sales deals, the company said.

    The Economic Times
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