Zoho Corporation
TypePrivate
Industry
Founded17 March 1996; 25 years ago
Founder
HeadquartersChennai, Tamil Nadu, India
Area served
Worldwide
  • Sridhar Vembu (CEO)
  • Sekar Vembu
Products
ServicesOnline office suite, online business management tools
Revenue4,385 crore (US$610 million) (2020)
800 crore (US$110 million) (2020[1])
Total assets US$570.7 million (2019)
10,000+ (2021)[2]
Subsidiaries
  • ManageEngine
  • WebNMS
Websitezoho.com
zohocorp.com

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Zoho Corporation is an Indian multinationaltechnology company that makes web-based business tools.[3] It is best known for online office suite named Zoho. The company was founded in 1996 by Sridhar Vembu and Tony Thomas and has a presence in seven locations with its global headquarters in Chennai, Tamil Nadu, India, and corporate headquarters in Pleasanton, California.

History

From 1996 to 2009, the company was known as AdventNet, Inc.[4]

AdventNet expanded operations into Japan in 2001. Zoho CRM was released in 2005, followed by the releases of Projects, Creator and Sheet in 2006. Zoho expanded into the collaboration space with the release of Zoho Docs and Zoho Meeting in 2007. In 2008 the company added invoicing and mail applications, reaching one million users by August of that year.[5]

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In 2009, the company was renamed Zoho Corporation after its online office suite.[6] The company remains privately owned.[7]

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In 2017 Zoho launched Zoho One, a comprehensive suite of over forty applications.[8]

Zoho reached more than 50 million customers in January 2020.[9]

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Billionaire Radha Vembu owns a majority stake in the company.[10]

Locations

Zoho is headquartered in Chennai, India. As of 2019, it has 12 offices around the world.[11] Its US headquarters is currently in Pleasanton, California[8] with plans to move to Austin, Texas by 2021.[12] The research and development campus is in Estancia IT Park, Chennai. Zoho has an office at Tenkasi, from where their product Zoho Desk was built and launched.[13] The company operates in China and also has offices in Singapore and Japan. The bulk of its support operations are carried out from its office in Chennai.[14][15] Zoho also has an office in Renigunta, Andhra Pradesh and has been operating from this office since 2018.[16] After covid Zoho[17] planned to open his branches in rural areas in southern Tamil Nadu including Madurai and Theni.

See also

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References

  1. ^'Zoho's Profit Streak Continues As FY20 Revenue Crosses INR 4300 Cr'. Inc42 Media. 22 February 2021. Retrieved 10 May 2021.
  2. ^Palliyalil, Rasheed (13 December 2018). 'Zoho Analytics offers data auto-blending and AI-powered assistance for making smarter business decisions'. Thomson Reuters Zawya. Retrieved 28 December 2018.
  3. ^Sharma, Disha. 'How SaaS poster boys Zoho and Freshworks ended up in a drag-out fight over alleged theft of ideas'. The Economic Times. Retrieved 10 May 2021.
  4. ^Vegesna, Raju (27 May 2009). 'AdventNet Inc is now ZOHO Corporation'. Zoho Blog. Archived from the original on 28 December 2020. Retrieved 28 December 2020.
  5. ^'How Sridhar Vembu's Zoho Corporation changed avatars since its inception in 1996 as AdventNet'. The Economic Times. 11 November 2011. Archived from the original on 28 December 2020. Retrieved 28 December 2020.
  6. ^Arakali, Harichandan (6 June 2016). 'The Bootstrapped Buddhist: How Sridhar Vembu built Zoho'. Forbes India. Archived from the original on 21 October 2016. Retrieved 21 October 2016.
  7. ^Kumar, K. Bharat (8 May 2016). 'The maverick who shuns investors'. The Hindu. ISSN0971-751X. Archived from the original on 15 September 2020. Retrieved 22 July 2019.
  8. ^ ab'About Zoho - Our Story, List of Products'. Zoho Corporation. Archived from the original on 21 December 2018. Retrieved 28 December 2018.
  9. ^'Zoho achieves 50 million business users - Times of India'. The Times of India. Archived from the original on 13 December 2020. Retrieved 11 January 2020.
  10. ^Sachmechi, Natalie. 'Meet the World's 178 Newest Billionaires'. Archived from the original on 5 June 2021. Retrieved 24 May 2020.
  11. ^'Cloud services firm Zoho to shift U.S. headquarters'. The Hindu. 15 July 2019. ISSN0971-751X. Archived from the original on 7 November 2020. Retrieved 22 July 2019.
  12. ^Cantu, Tony (9 April 2019). 'California Software Firm Zoho To Move Headquarters To Austin'. Patch Media. Archived from the original on 5 June 2021. Retrieved 10 April 2019.
  13. ^'How Zoho Aims To Put Tenkasi On The Map With Zoho Desk-A Product Built In The Downtown Of Nowhere'. Inc42. 22 November 2016. Archived from the original on 28 February 2018. Retrieved 27 February 2018.
  14. ^D'Monte, Leslie (24 November 2014). 'Is Zoho the future of enterprise software?'. Livemint. HT Media Ltd. Archived from the original on 13 August 2015. Retrieved 5 August 2015. Developers at zoho’s office in Ramapuram, Chennai. Zoho has around 2,600 employees, of which about 96% are based in India.
  15. ^'Zoho Corporation eyes 100 million users of its products in five years'. Financial Express. 8 August 2015. Archived from the original on 8 August 2015. Retrieved 5 August 2015.
  16. ^'Zoho Corporation opens office at Renigunta'. The Hindu Business Line. 13 January 2018. Archived from the original on 9 November 2019. Retrieved 27 February 2018.
  17. ^Oct 29, TNN / Updated; 2020; Ist, 17:18. 'ZoHo Corporation to set up 10 rural centres in south Tamil Nadu | Madurai News - Times of India'. The Times of India. Archived from the original on 21 May 2021. Retrieved 21 May 2021.CS1 maint: numeric names: authors list (link)

Further reading

  • Stross, Randall (4 April 2009). 'Web-Based Competition for Microsoft Word'. The New York Times. Retrieved 7 November 2016.
  • 'Zoho CRM Upgrade Targets Salesforce'. InformationWeek. 30 October 2016. Retrieved 7 November 2016.
  • 'Zoho scores big with India-made software, but shuns IPO and venture capital'. Hindustan Times. 14 November 2014. Retrieved 7 November 2016.

External links

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