S3 E01 | Building a $3.5B global giant, from Chennai to NASDAQ | Ft. Girish Mathrubootham - Blume Podcast

Guest: Girish Mathrubootham , Founder and Executive Chairman of Freshworks Host: Karthik Reddy, Co-founder of Blume Ventures This episode provides deep insights into building a global SaaS company from India, scaling a startup to a public company, and the future of SaaS with AI. Girish Mathrubootham shares his journey from Chennai to NASDAQ, embodying the spirit of "Winning Beyond Boundaries." Key Topics: Girish's background, including his admiration for Superstar Rajinikanth and early entrepreneurial experiences The founding story of Freshworks (originally Freshdesk), inspired by a customer service experience Building a global SaaS company from Chennai, India, and overcoming cultural barriers Freshworks' journey from startup to NASDAQ-listed company, including key funding rounds Critical decisions in Freshworks' growth: inbound business model, multi-product strategy, enterprise sales Hiring strategies and talent development at different company stages, from campus recruitment to executive hires Experience in becoming and running a public company, likened to a "big fat Indian wedding" The impact of AI on SaaS and Girish's decision to focus on AI as Executive Chairman The growth of the Indian SaaS ecosystem and initiatives like SaaSBoomi to create a "product nation" Girish's involvement in Together Fund and supporting the next generation of SaaS founders Freshworks' culture and the emergence of a "Freshworks mafia" in the startup ecosystem Girish's venture into sports with FC Madras, expanding his influence beyond tech The episode showcases how Girish Mathrubootham and Freshworks have put India on the global SaaS map, achieving a successful IPO on NASDAQ and creating a blueprint for other Indian SaaS startups. It highlights the importance of "Winning Beyond Boundaries" in building world-class products from India and nurturing the SaaS ecosystem through initiatives like SaaSBoomi. PS- Special thanks to Ultrahuman for gifting their cutting-edge rings to our guests and to IDFC First Bank for being our annual partner. Links: Blume podcast transcripts: https://blume.vc/podcasts/blume-podcast Spotify: https://open.spotify.com/show/227rW4Ee4ob6wRT8U7pJ8s?si=9e43c6b4c7d54ea0 YouTube: https://www.youtube.com/@BlumeVenturesIN/ Timestamps: 0:00 - Introduction of Girish Mathrubootham and Freshworks 2:38 - Girish talks about his love for Superstar Rajinikanth 5:55 - Early days and college friendships that backed Girish's ventures 7:31 - Girish's journey at Zoho (AdventNet) and becoming a product manager 11:57 - Origins of building global products from India 13:20 - The idea and impetus for starting Freshworks 16:23 - Early challenges in building a global company from Chennai 18:47 - Disruptive business model of Freshworks 26:55 - Getting funded by Accel and Tiger Global 36:58 - Key pivotal decisions in Freshworks' journey 39:30 - Going multi-product and choosing what to build 45:33 - Hiring and talent strategies at different stages 52:20 - Experience of becoming a public company 57:48 - Girish's decision to move to Executive Chairman role and focus on AI 1:10:52 - Motivations behind SaaSBoomi and Together Fund 1:15:43 - Pride in seeing the "Freshworks mafia" 1:16:30 - Rapid fire questions