India, May 2 -- Nasdaq-listed Indian SaaS major Freshworks posted a consolidated net loss of $23.3 Mn in the first quarter ended March 31, 2024, registering a 45.3% decline year-on-year (YoY).

Meanwhile, the company's total revenue jumped 20% to $165.1 Mn in Q1 2024 from $137.7 Mn posted in the corresponding quarter of the previous year.

Commenting on the Q1 results, Girish Mathrubootham, CEO and founder of Freshworks, said, "I'm particularly proud of the progress we've made in AI innovation across our products, and its tangible impact on our customers."

"We remain more focused than ever on product innovation, bringing more large customers onto our platform, and expanding adoption of products across our portfolio," said Mathrubootham, ...