Freshworks turns profitable in Q2; Navigating the AI shift
Freshworks said its revenue rose to $237.4 million in the April–June quarter, from $204.7 million a year earlier.
Freshworks reported profitability in Q2 2026, marking a shift towards AI-driven growth. The company's net profit grew by 16% year-over-year, reaching $3.2 million for the quarter. Revenue climbed to $237.4 million, up from $204.7 million in the same period last year. Looking ahead, Freshworks has forecasted revenue between $963.5 million and $966.5 million for the full year 2026, indicating a potential annual growth of around 15%.
In the realm of AI and technology, Anjali Mahajan, Vice President and Head of Engineering Services at Amdocs, shared insights from her extensive career in the industry. Starting as a developer in the 1990s, Mahajan has led diverse teams and championed diversity efforts within Amdocs. Her advice for navigating the AI revolution echoes past leadership, noting the challenge of balancing career aspirations with personal responsibilities.
Meanwhile, the startup scene continues to evolve. Bengaluru-based River Mobility secured $120 million in Series C funding to expand its two-wheeler EV model, River Indie, which now operates over 75 stores across India with plans to reach 350 by 2028. Additionally, InRisk Labs raised $27 million in Series A funding, highlighting ongoing investments in innovative technology ventures.
Written by urgent.news from YourStory's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
