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Case Study
Freshworks: How a Chennai Startup Became the First Indian SaaS Company on Nasdaq
Freshworks started as a customer-support tool in Chennai and, in September 2021, became the first Indian software-as-a-service company to list on Nasdaq, creating hundreds of employee millionaires.
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Nykaa: The Beauty Retailer That Was Profitable Before Its IPO
Nykaa built a profitable omnichannel beauty business and listed in November 2021 at a strong premium, a rarity among India's cash-burning consumer-internet IPOs of that year.
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Zoho: A Billion-Dollar Software Company Built From Rural India, No IPO, No Investors
Zoho crossed one billion dollars in annual revenue as a profitable, privately held software company that never raised venture capital and deliberately based large operations in small-town Tamil Nadu.
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Zerodha: How India's Largest Broker Was Built Without a Rupee of Venture Capital
Zerodha reinvented Indian stockbroking with flat-fee, zero-delivery-brokerage pricing and, without raising any external funding, grew into one of the country's most profitable internet companies.
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