Software firm codenames IPO after Rajinikanth’s moniker

Aug 31, 2021
33f27b7e 0a38 11ec b9d7 045730a49909 1630399965123

Freshworks, a software program service supplier based in Chennai and now based mostly in Silicon Valley, has codenamed a $100 million IPO it has utilized for within the American inventory trade Nasdaq as ProjectSuperstar as a tribute to famous person Rajinikanth

By HT Correspondent

UPDATED ON AUG 31, 2021 02:22 PM IST

Freshworks, a software program service supplier based in Chennai and now based mostly in Silicon Valley, has codenamed a $100 million Preliminary Public Supply (IPO) it has utilized for within the American inventory trade Nasdaq as ProjectSuperstar as a tribute to famous person Rajinikanth. The actor, who enjoys a cult following, is named Famous person.

Additionally Learn | Fundraising through QIPs lags IPOs this yr

Girish Mathrubootham, the co-founder and CEO of Freshworks who’s from Tamil Nadu’s Trichy district, is a fan of the actor. “I need to specific my love and gratitude to him for being my maanaseega guru. There isn’t a comparable English phrase to specific what this implies,” Mathrubootham stated within the postscript of the letter dated August 27 to the trade whereas explaining why he codenamed the IPO after Rajinikanth. “It’s a mentor; a job mannequin that lives in your thoughts, from whom you study quite a bit by watching from afar. SuperStar is a person who’s cherished and worshipped by hundreds of thousands of followers globally. He’s immensely profitable but humble and all the way down to earth…”

In 2017, Mathrubootham and his household met Rajinikanth on the latter’s residence.

Shut