SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
UNDERTHE SECURITIES EXCHANGE ACTOF 1934
(Amendment No. )*
Freshworks Inc.
(Name of Issuer)
Class A Common Stock, par value $0.00001 per share
(Title of Class of Securities)
358054 10 4
(CUSIP Number)
July 19, 2022
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) |
| ☒ | Rule 13d-1(c) |
| ☐ | Rule 13d-1(d) |
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 2 of 9 Pages |
| 1. | Name of Reporting Person
WestBridge Crossover Fund, LLC | |||||
| 2. | Check the Appropriate Box if a Member of a Group (see instructions) (a) ☐ (b) ☒
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Citizenship or Place of Organization
Republic of Mauritius | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
15,598,261(1) | ||||
| 6. | Shared Voting Power
0 | |||||
| 7. | Sole Dispositive Power
15,598,261(1) | |||||
| 8. | Shared Dispositive Power
0 | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,261(1) | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row 9
9.7% (2) | |||||
| 12. | Type of Reporting Person (see instructions)
OO | |||||
| (1) | Represents 15,598,261 shares of Class A common stock held directly by WestBridge Crossover Fund, LLC. |
| (2) | The percent of class was calculated based on 161,102,744 shares of Class A common stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2022. |
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 3 of 9 Pages |
| 1. | Name of Reporting Person
WestBridge Capital Management, LLC | |||||
| 2. | Check the Appropriate Box if a Member of a Group (see instructions) (a) ☐ (b) ☒
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Citizenship or Place of Organization
Republic of Mauritius | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
15,598,261(1) | ||||
| 6. | Shared Voting Power
0 | |||||
| 7. | Sole Dispositive Power
15,598,261(1) | |||||
| 8. | Shared Dispositive Power
0 | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,261(1) | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row 9
9.7% (2) | |||||
| 12. | Type of Reporting Person (see instructions)
OO | |||||
| (1) | Represents 15,598,261 shares of Class A common stock held directly by WestBridge Crossover Fund, LLC. WestBridge Capital Management, LLC is the investment manager of WestBridge Crossover Fund, LLC. |
| (2) | The percent of class was calculated based on 161,102,744 shares of Class A common stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2022. |
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 4 of 9 Pages |
| 1. | Name of Reporting Person
Sumir Chadha | |||||
| 2. | Check the Appropriate Box if a Member of a Group (see instructions) (a) ☐ (b) ☒
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Citizenship or Place of Organization
United States | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
15,598,261(1) | ||||
| 6. | Shared Voting Power
0 | |||||
| 7. | Sole Dispositive Power
15,598,261(1) | |||||
| 8. | Shared Dispositive Power
0 | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,261(1) | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row 9
9.7% (2) | |||||
| 12. | Type of Reporting Person (see instructions)
IN | |||||
| (1) | Represents 15,598,261 shares of Class A common stock held directly by WestBridge Crossover Fund, LLC. WestBridge Capital Management, LLC is the investment manager of WestBridge Crossover Fund, LLC. Sumir Chadha and Sandeep Singhal are directors of WestBridge Capital Management, LLC. |
| (2) | The percent of class was calculated based on 161,102,744 shares of Class A common stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2022. |
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 5 of 9 Pages |
| 1. | Name of Reporting Person
Sandeep Singhal | |||||
| 2. | Check the Appropriate Box if a Member of a Group (see instructions) (a) ☐ (b) ☒
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Citizenship or Place of Organization
India | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
15,598,261(1) | ||||
| 6. | Shared Voting Power
0 | |||||
| 7. | Sole Dispositive Power
15,598,261(1) | |||||
| 8. | Shared Dispositive Power
0 | |||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
15,598,261(1) | |||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)
☐ | |||||
| 11. | Percent of Class Represented by Amount in Row 9
9.7% (2) | |||||
| 12. | Type of Reporting Person (see instructions)
IN | |||||
| (1) | Represents 15,598,261 shares of Class A common stock held directly by WestBridge Crossover Fund, LLC. WestBridge Capital Management, LLC is the investment manager of WestBridge Crossover Fund, LLC. Sumir Chadha and Sandeep Singhal are directors of WestBridge Capital Management, LLC. |
| (2) | The percent of class was calculated based on 161,102,744 shares of Class A common stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2022. |
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 6 of 9 Pages |
| Item 1(a). | Name of Issuer: |
Freshworks Inc.
| Item 1(b). | Address of Issuer’s Principal Executive Officers: |
2950 S Delaware Street, Suite 201
San Mateo, CA 94403
| Item | 2(a). Name of Person(s) Filing: |
WestBridge Crossover Fund, LLC
WestBridge Capital Management, LLC
Sumir Chadha
Sandeep Singhal
| Item 2(b). | Address of Principal Business Office: |
| WestBridge Crossover Fund, LLC | c/o Citco (Mauritius) Limited 4th Floor, Tower A, 1 Cybercity Ebène, Republic of Mauritius 72201 | |
| WestBridge Capital Management, LLC | Apex House, Bank Street, TwentyEight, Cybercity, Ebene 72201, Republic of Mauritius | |
| Sumir Chadha | 520 S. El Camino Real, Suite 900 San Mateo, CA 94402 | |
| Sandeep Singhal | 301, 3rd Floor, Campus 6A, RMZ Ecoworld Sarjapur-Marathahalli, Outer Ring Road Bangalore, KA 560103 | |
| Item 2(c). | Citizenship or Place of Organization: |
| WestBridge Crossover Fund, LLC | Republic of Mauritius | |
| WestBridge Capital Management, LLC | Republic of Mauritius | |
| Sumir Chadha | United States | |
| Sandeep Singhal | India |
Item 2(d). Title of Class of Securities:
Class A Common Stock
Item 2(e). CUSIP Number:
358054 10 4
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 7 of 9 Pages |
| Item 3. | If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
| (a) | ☐ | Broker or dealer registered under Section 15 of the Act; | ||||
| (b) | ☐ | Bank as defined in Section 3(a)(6) of the Act; | ||||
| (c) | ☐ | Insurance company as defined in Section 3(a)(19) of the Act; | ||||
| (d) | ☐ | Investment company registered under Section 8 of the Investment Company Act of 1940; | ||||
| (e) | ☒ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);(1) | ||||
| (f) | ☐ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); | ||||
| (g) | ☐ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); | ||||
| (h) | ☐ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||||
| (i) | ☐ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; | ||||
| (j) | ☐ | A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); | ||||
| (k) | ☐ | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: | ||||
| If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: | ||||||
| (1) | WestBridge Capital Management, LLC |
| Item 4. | Ownership. |
| Item 4(b). | Percent of Class: |
| Item 4(c). | Number of shares as to which such persons have: |
| (a) — (c) | Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. |
| Number of Shares Beneficially Owned | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Percentage of Ordinary Shares Outstanding | |||||||||||||||||||
WestBridge Crossover Fund, LLC | 15,598,261 | 15,598,261 | — | 15,598,261 | — | 9.7 | % | |||||||||||||||||
WestBridge Capital Management, LLC | 15,598,261 | 15,598,261 | — | 15,598,261 | — | 9.7 | % | |||||||||||||||||
Sumir Chadha | 15,598,261 | 15,598,261 | — | 15,598,261 | — | 9.7 | % | |||||||||||||||||
Sandeep Singhal | 15,598,261 | 15,598,261 | — | 15,598,261 | — | 9.7 | % | |||||||||||||||||
The percent of class was calculated based on 161,102,744 shares of Class A common stock outstanding as of October 28, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2022.
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 8 of 9 Pages |
| Item 5. | Ownership of Five Percent or Less of a Class: |
If this statement is being filed to report the fact that as of the date hereof, the Reporting Person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ☐
| Item 6. | Ownership of More Than Five Percent on Behalf of Another Person: |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group: |
The Reporting Persons expressly disclaim membership in a “group” as used in Rule 13d-5(b)(1).
| Item 9. | Notice of Dissolution of Group: |
Not applicable.
| Item 10. | Certification: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
| CUSIP No. 358054 10 4 | SCHEDULE 13G | Page 9 of 9 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: January 20, 2023
| WESTBRIDGE CROSSOVER FUND, LLC | ||
| By: | /s/ Peter Wendell | |
| Director | ||
| WESTBRIDGE CAPITAL MANAGEMENT, LLC | ||
| By: | /s/ Sumir Chadha | |
| Director | ||
/s/ Sumir Chadha |
| Sumir Chadha |
/s/ Sandeep Singhal |
| Sandeep Singhal |
