Zarget’s journey from VC magnet to acquisition target

On Monday, Freshworks, the Chennai-based SaaS company, said it had acquired Zarget, a 16-month old SaaS startup. As part of the acquisition, all Zarget founders and about 40 employees have joined Freshworks. Chances are you might have heard of Freshworks, which is now valued at $700 million, but Zarget might not ring a bell. But it should because not only did it have an eventful short life, it also brings into focus an acquisition where entrepreneurs, angel investors, and mentors have sat on both sides of the table.

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