DBT Bureau
Founder of leading SaaS (software as a service) firm, Freshworks will exit the company as executive chairman from December 1, 2025.
Mathruboom, who founded the company and is leading it since the inception, will focus on Together Fund, the venture fund he co-founded.
He provided notice of his exit on Wednesday, after which the Board appointed Roxanne Austin, Lead Independent Director, to serve as Chairperson of the Board beginning 1 December 2025.
Mathrubootham has been leading the company since its inception in 2010 and spearheaded its initial public offering in 2021. He holds a 4.28% stake in the firm after partial share sales in late 2024.
“Mathrubootham’s resignation was not the result of any disagreement on matters relating to the company’s operations, policies, or practices. Effective 1 December 2025, the size of the Board will be reduced to nine members and the total number of Class III directors will be reduced to two,” the company said in a filing to the US’ Securities & Exchange Commission.
Together Fund was founded in 2021 by Girish Mathrubootham, Manav Garg, founder of Eka Software, and Shubham Gupta, who previously led SaaS deals at Matrix Partners India. It has now more than $200 million of assets under management and is considered as India’s AI-first venture capital fund in the US-India corridor.
