The software had started selling well. "Rablab integrated their business operations and increased productivity with Zoho." Learn how Zoho's CEO built this enterprise software suite without venture capital funding. This was the time Sridhar had just taken over as the CEO of the company. In fact, a list Venture Capitalists are running behind them to invest in their company, and he is one of the very few, who has been constantly rejecting offers. Sridhar focussed on promoting and marketing the technology the company was selling, and began approaching customers in the Bay area. So they decided to make use of them. ZOHO Corp. started off by building SNMP APIs and Network Management Platforms for Network and Element Management Systems for the Telecom domain way back in 1996. Learn More. Sridhar Vembu, Co-founder and CEO of Zoho Corporation commented: “TCS has a business-led approach to consulting and enterprise transformation.Zoho takes the same approach to its technology, offering a vertically integrated platform of leading business applications and services. Instead of hiring engineers with highflying degrees from prestigious Institutes, he decided to hire young professionals whom others disregard. The company launched and grew without outside funding and is privately owned. To elaborate on their product offerings: –. Not only did they begin using Google Advertising to directly reach out to customers, but they also renamed the company to AdventNet in 2005 and also started their own informal university called Zoho University as well. Play . He is known for his unconventional choices. He started six months ago during the lockdown by giving tuitions to three students which took up about 3-4 hours of his day. Later he did Electrical engineering from Princeton University in 1989 as well. Their process is simple: they select high school students from government schools in Chennai and neighbouring cities based on a series of aptitude tests and interviews. CxOTalk offers in-depth discussions on CXO issues including leadership, managing disruption, and digital transformation with the world's top performers in business, technology, education and government. These students then undergo an 18-month training that includes a six-month internship within the organisation in Maths, Computer Science and English. Relief initiatives and remote working resources to help you weather the storm. They sold to a lot to companies in the Silicon Valley, and even managed developed a good market in Japan too. As a result, in 2017, Zoho launched Zoho One, a revolutionary suite that offered 40+ products at just $30 per employee, per month. Founded in 1996, Zoho Corporation is the software company behind three great brands: Zoho, ManageEngine and WebNMS. One of the Indian Billionaire Businesswomen, Radha Vembu, owns a significant stake of the Zoho Corporation. He had understood that Socialism was our problem in India and really wanted to fix the situation. To give you a short brief about his background – Sridhar belongs to a very modest middle class family in Chennai, where his father was a stenographer in the High Court and his mother was a house wife, and neither of them went to college. With such an aggressive approach they are expecting to increase from the current 10% to around 25-30% contribution of domestic business to its revenues in the next 4-5 years. The year of 2002 was when they took a huge hit, and from some 150 customers, they saw a major downfall to just three customers. Vembu, who owns a majority stake in Zoho with … Chairman of Manipal Global Education & former CFO of Infosys, Founder & Chairman of Dalian Wanda Group, Sridhar Vembu Zoho Corporation Success Story. Zoho Office Suite is a web-based online office suite containing word processing, spreadsheets, presentations, databases, note-taking, wikis, web conferencing, customer relationship management (CRM), project management, invoicing and other applications. He is more famously known for building a multi-million dollar Zoho Corporation from scratch and without taking any external funding, that today competes directly with giants like Microsoft, Google, Oracle and Salesforce.com, and giving them a run for their money. Yo! In 2005, he began the Zoho University programme with six high school students, who were trained for two years in computer science and eventually absorbed in the company. Provider of an online business, network and IT infrastructure management application designed to provide … They even reached out to the poor high schools, and hired those kids who were bright but dropped out of college due to financial pressures. Sridhar’s wife managed the house, while he worked on the venture. With a total staffing of around 4000 employees, the company is headquartered in California and also holds offices in Singapore, Japan, China and India. This was a very crucial phase for him. Sridhar Vembu is an entrepreneur of Indian origin. Zoho Corporation. He is the founder and CEO of Zoho Corporation. Zoho corporation founder teaching start up for tamilnadu children: नंबर से ज्यादा जरूरी है नॉलेज', गांव के बच्चे को पढ़ाने तमिलनाडु लौटे सिलिकॉन वैली के स्टार But Sridhar politely turned Marc down. But in 2001, the bubble burst happened, and the networking business saw a huge meltdown as well. All rights reserved. 4. He joined Qualcomm in San Diego after finishing his Ph. Yo! Run your entire business with Zoho's suite of online productivity tools and SaaS applications. He began his early education in a Tamil-medium government-aided school till the 10 grade, and then moved on to IIT-Madras for his under-graduation. The curriculum is regularly revised to ensure that the course is up to date with the latest technological developments. Say what you want – Sridhar has successfully managed to build scalable global products from India that competes with the likes of Salesforce.com, Microsoft or Google’s cloud, and has managed to do so, by sitting here in India, that too, without taking a single penny in external funding. Post that, also completed his Electrical Engineering from the Princeton University in 1989 as well. Some of their products includes tools like: CRM, Motivator, SalesIQ, Campaigns, Mail, Chat, Docs, Connect, Creator, App Creator, Reports, Books, Inventory, Invoice, Expense, Support, Service Desk Plus, Recruit, People, etc., to manage your Sales & Marketing, Email & Collaboration, Business Process, Finance, IT & Help Desk and Human Resources. Sridhar Vembu is an Indian entrepreneur, founder & CEO of Zoho Corporation, most renowned software and CRM companies. Some of their offerings include Active Directory, Analytics, Application, Cloud, Desktop, Help Desk, IT Security, Mobile, MSP, Network, and Server. And in no time, they started getting clients, out of whom, one of their first clients turned out to be Cisco. ZU has one campus in Chennai and another in Tenkasi, and 15% of Zoho’s workforce currently, contributes of the students from their own university. Manage Engine today accounts for over half of Zoho Corp’s revenues, and although the company does not reveal its financials, but according to Bloomberg, Manage Engine’s revenue was roughly $120 Million, while Zoho Corp’s overall revenue was close to $200 Million in November 2012. It is developed by Zoho Corporation.. History. He began his early education in a Tamil medium government-aided school in Chennai till 10th and then did his under-graduation from IIT Madras. Partner with Zoho. Sridhar Vembu is the founder and CEO of privately held Zoho, a maker of cloud-based business software. The business from day one, was all bootstrapped with no external investment of any kind, except for some help from family and friends. That is how Zoho got started. Courtesy: Zoho. Initially, Tony acted as the CEO and Chairman of the company, while Sridhar was its Chief Evangelist. Zoho Invoice is invoicing software designed for freelancers & small business owners. And lastly, their clienteles include AT&T, Barclays, Sony, GE, Saint-Gobain, Ericsson, LoReal, NEC, etc…. Many of these students had not even seen a computer before joining, and yet, within months, they were writing code. After completing his PhD, Sridhar joined Qualcomm in San Diego in 1994. ... - Nathan Choi, Founder & CEO @ Nathan Research Group Inc . It's a comprehensive workplace readiness software that helps companies keep an eye on employee wellness and facility preparedness, for when they need to restart operations in their offices. Sridhar started a product company in India when the service sector was all the rage in the IT sector. He decided to overlook the colleges, degrees or grades, and look for the smartness. During the downturn after the bubble burst, many companies took significant hits and they faced their share of problems too. Currently, 15% of Zoho's workforce is made of ZU graduates. Since the software was not selling anymore, a lot of their engineers and resources had become idle. 2. Zoho takes the same approach to its technology, offering a vertically integrated platform of leading business applications and services,” said Sridhar Vembu, Co-founder and CEO of Zoho Corporation. A graduate from the Indian Institute of Technology Madras with a degree in industrial management. They are also paid a monthly stipend during the training period. As a Business Writer; Karan’s forte lies in writing some really interesting Case Studies about Companies/Eminent Personalities covering aspects which certainly, would not bore you to death! Often, better! Nicolas Rabouille, Co-founder & Project management. [email protected]) being used 20.7% of the time. He is known for his unconventional choices. Zoho was founded in 1996 by Sridhar Vembu and is based in Pleasanton, California. Sridhar Vembu, co-founder of Zoho Corporation, a Silicon Valley star valued by Forbes at nearly $2.5 billion moved to a small village in Tenkasi in southern Tamil Nadu last year. Zoho has become a recognizable alternative to companies such as Salesforce.com. Founded in 1996 by Sridhar Vembu and Tony Thomas, Zoho Corp is the software company that is based in California and is behind three great brands: Zoho, ManageEngine and WebNMS, who collectively offer SaaS (Software as a … He lives the dream of every entrepreneur – being chased by VCs, and rejecting them! Simply because, Zoho is able to offer the same products to clients at $10-12 which Salesforce sells it at $65. They have reached to a point where Marc Benioff – CEO, Salesforce.com is desperate to buy Zoho, given their nervousness of getting out-beaten. They did so, because during that time, a lot of networking companies were getting started in the Bay area. He is living in Pleasanton, California. 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