Alphabet-backed CRM software provider Freshworks floated above its range and now boasts a market cap of $13.5bn.

Freshworks, a US-based customer relationship management (CRM) software developer backed by internet and technology group Alphabet, raised $1.03bn in an initial public offering on the Nasdaq Global Select Market on Tuesday. The company priced 28.5 million shares at $36 each, above the $32 to $34 range set for the offering. Its shares closed at $47.55…

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