Freshworks CEO Girish Mathrubootham steps down, shares tumble more than 25%

Girish Mathrubootham, founder of Freshworks, has transitioned to the role of executive chairman while Dennis Woodside takes over as CEO. This change led to a significant drop in Freshworks' shares by more than 25%.

Mathrubootham expressed pride in Freshworks' journey from startup to Nasdaq listing but cited a desire to focus on long-term product vision and presence in India And Mathrubootham expressed pride in Freshworks' growth from a Chennai startup to a global SaaS leader.

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