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© 2020 Cambridge Publications, Inc. All Rights Reserved. The company was … Success is an initiative to build a community of Entrepreneurs, Startups & Industry Stalwarts to celebrate success & to learn from shortfalls. Over the period of time the Zoho Corporation evolved into three divisions: Zoho.com, WebNMS and Manage Engine. Sridhar Vembu is the 76th richest man in India, according to Forbes. Social impact and corporate social responsibility are central to the mission and activities of Sridhar Vembu, the CEO and co-founder of enterprise software vendor Zoho, maker of products such as Zoho CRM. Social Impact: Zoho CEO on Corporate Responsibility, Zoho CEO: Building an Enterprise Software Suite. They are also paid a monthly stipend during the training period. ManageEngine History. Hence, since there was no way Sridhar could compete with the bigger giants, he decided to do something different. They have reached to a point where Marc Benioff – CEO, Salesforce.com is desperate to buy Zoho, given their nervousness of getting out-beaten. With over 50 million users worldwide, Zoho's 45+ products aid your sales and marketing, support and collaboration, finance and recruitment needs—letting you focus only on your business. Instead of hiring engineers with highflying degrees from prestigious Institutes, he decided to hire young professionals whom others disregard. Run your entire business with Zoho's suite of online productivity tools and SaaS applications. “A businessman by blood, but a business writer out of passion”! 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 Service) products to companies across the globe. They decided to go in two directions: First, they took the same network management software that they sold as OEM (Order Equipment Manufacturer) model, and converted it into an Enterprise Model. The business from day one, was all bootstrapped with no external investment of any kind, except for some help from family and friends. 1. They need to support their families. Tony had taken a buyout from his job, which meant, Lucent Technologies, the company that he was working for, gave a lot of people money to leave. Post that, also completed his Electrical Engineering from the Princeton University in 1989 as well. Sridhar Vembu is the co-founder and CEO of Zoho Corp. Sridhar Vembu co-founded ZOHO in 1995 with Tony Thomas. Categories Zoho Creator Tags drag and drop application builder, evolution, GUI, history, IOT, low-code platforms, powerful apps, programming, simplicity, zoho creator Leave a Reply Cancel reply Your email address will not be published. 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. 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. Post the selection phase, they would then train them, and in nine months, they produce at the level of college grads. Use online invoice software to grow your business. ... - Nathan Choi, Founder & CEO @ Nathan Research Group Inc . 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. Sridhar realised that the company could not just depend on this one space. They sold to a lot to companies in the Silicon Valley, and even managed developed a good market in Japan too. Other than that, they also had an on-demand effort, so they put some engineers on that path too. Over 50 million users trust us worldwide.Try our Forever Free Plan! It is developed by Zoho Corporation.. History. Zoho offers beautifully smart software to help you grow your business. 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. Going forward…The company has now set their eyes on the Indian market, and now also perceive India as a multi-billion-dollar market where the ‘cloud’ is going to be a big opportunity for them. Sridhar Vembu has also been instrumental in deepening and broadening the product portfolio of Zoho, stressing on the need for an integrated suite that solves all business problems end-to-end. Zoho Corporation. 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. I started Vembu Software in a small apartment that was located in a Chennai suburb, Tambaram. COVID-19 Resources. WebNMS: WebNMS is the Service Provider Software division of Zoho Corporation that specializes in solutions for multi-vendor network management, service orchestration and Internet of Things enterprise applications. He is known for his unconventional choices. That is how Zoho got started. Its customers, employees, partners, the whole ecosystem. Sridhar started a product company in India when the service sector was all the rage in the IT sector. As a result, in 2017, Zoho launched Zoho One, a revolutionary suite that offered 40+ products at just $30 per employee, per month. It competes with the likes of HP OpenView and Microsoft office. Ltd, Founding Team members of Pangram Marketing and Solutions, Indiabulls – A success story of an unsung hero. Yo! Zoho has become a recognizable alternative to companies such as Salesforce.com. He is the founder and CEO of Zoho Corporation. ZOHO software company was founded in 1996 that focuses on office suite and web-based business tools. The main difference was that both these directions were focused towards the mid-level markets, not the high-end enterprise segment. Sridhar Vembu, Founder and CEO Zoho. 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. Zoho BackToWork was launched in August. They did so, because during that time, a lot of networking companies were getting started in the Bay area. Sridhar’s wife managed the house, while he worked on the venture. The university was partly started because – according to NASSCOM, more than 90% of the graduates and 75% engineers were unemployable, majorly because the MNC’s and the bigger companies preferred to hire the toppers and the ones from the best institutes from across the world, leaving the rest to rut in a hole. Currently, Zoho has offices in seven countries and the headquarter of Zoho is situated in Chennai India. Basically, these students are trained with all the real life and practical challenges that a developer or software engineer deals with, rather theoretical knowledge. She is also the product manager for Zoho Mail. Learn how Zoho's CEO built this enterprise software suite without venture capital funding. Later he did Electrical engineering from Princeton University in 1989 as well. Learn More. 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. "Rablab integrated their business operations and increased productivity with Zoho." .com: With over 20 million users worldwide and 33+ products, they help with everything that you may need to boost your business. Success Entrepreneur Community Invites You To Celebrate Your Success, Share Your Wisdom & Tell Us About Your Journey, Chairperson and Managing Director of Biozone Research Technologies Pvt. Sridhar focussed on promoting and marketing the technology the company was selling, and began approaching customers in the Bay area. 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. This was a very crucial phase for him. 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. Sridhar Vembu is the founder and CEO of privately held Zoho, a maker of cloud-based business software. Chairman of Manipal Global Education & former CFO of Infosys, Founder & Chairman of Dalian Wanda Group, Sridhar Vembu Zoho Corporation Success Story. 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. 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. So they decided to make use of them. And lastly, their clienteles include AT&T, Barclays, Sony, GE, Saint-Gobain, Ericsson, LoReal, NEC, etc…. 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. They partnered with Tony Thomas, who had some network management software and was experienced in the area. The Smartest Unknown Indian Entrepreneur who has a massive fan-following in the start-up industry, mainly for being the man who turned down venture capital money. Nicolas Rabouille, Co-founder & Project management. By 2009, the company had been renamed to Zoho Corporation, and since by then, businesses were increasingly turning to the internet for rented software to run their operations, rather than buy licences for expensive software; Zoho Corp also changed their direction and with their youngest division of “Zoho.com”, they also began offering internet-based software for work. One of the Indian Billionaire Businesswomen, Radha Vembu, owns a significant stake of the Zoho Corporation. [email protected]) being used 20.7% of the time. Often, better! Initially, Tony acted as the CEO and Chairman of the company, while Sridhar was its Chief Evangelist. Zoho Corporation General Information Description. Sridhar Vembu is CEO/Founder at Zoho Corp. See Sridhar Vembu's compensation, career history, education, & memberships. And mind you, these kids could code at par, than the rest. That gave birth to ManageEngine! Many of these students had not even seen a computer before joining, and yet, within months, they were writing code. 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. 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! Since the software was not selling anymore, a lot of their engineers and resources had become idle. Some of their offerings include Active Directory, Analytics, Application, Cloud, Desktop, Help Desk, IT Security, Mobile, MSP, Network, and Server. It's the best, most effective email search engine I've used yet, and I've tried a few. Partner with Zoho. But nevertheless, he took it in a positive way! A graduate from the Indian Institute of Technology Madras with a degree in industrial management. 4. He started six months ago during the lockdown by giving tuitions to three students which took up about 3-4 hours of his day. 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. Zoho Docs, Zoho Invoice, Zoho People, Zoho Mail, Zoho Assist, Zoho Reports, Zoho Recruit, Zoho Support, Zoho Books, Zoho Bug Tracker, Zoho Campaigns, Zoho Sites, Zoho Connect, and more. Instead of opening new offices in metros, he prefers smaller towns or suburbs. By 2003, a lot of the start-ups were gone, and the company had successfully managed to transition the core of their business to well established companies as well. After completing his PhD, Sridhar joined Qualcomm in San Diego in 1994. Zoho takes the same approach to its technology, offering a vertically integrated platform of leading business applications and services," Sridhar Vembu, Co-founder and CEO of Zoho Corporation … And in no time, they started getting clients, out of whom, one of their first clients turned out to be Cisco. 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. To elaborate on their product offerings: –. He also advocates investing more on R&D than marketing. 3. WebNMS Framework was rated #1 EMS/NMS Platform for Telecoms and is a carrier grade platform with over 1000 Man Years of development. Sridhar started a product company in India when the service sector was all the rage in the IT sector. They have been very aggressive in outreach, and had also launched a 30-second TV commercial with the message “Made in India, Made for the World” that is aired on prime-time as well. During this stint of roughly 2 years, being an Electrical Engineer, he used to work on wireless communication including aspects like CDMA, power control and some very detailed issues on wireless communications. He is living in Pleasanton, California. Zoho University: Started in 2005, with six students and two teachers teaching three subjects, this informal university has trained more than 300 students over the last decade, most of whom are now Zoho employees. Zoho Corporation is an Indian software development company founded by Sridhar Vembu and Tony Thomas in 1996 in Pleasanton California. Courtesy: Zoho. They had a range of products that helped companies with their Sales & Marketing, HR & Finance, eMail & collaboration and IT & helpdesk. But nothing else at Zoho Corp is child’s play: The 48-year-old Vembu is deadly serious about how he runs the company, which he co-founded as AdventNet Inc in 1996 with his brothers Kumar and Sekar, as well as Tony Thomas, an entrepreneur who wrote an early version of the software that would become WebNMS, the company’s first product which found buyers in telecom network equipment makers like … Relief initiatives and remote working resources to help you weather the storm. In simpler terms, they offer services like Symphony Platform, Telco Network Solutions, Service Applications, IoT Platform and IoT Solutions, along with a whole other range of sub-services included in it. 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 Vembu is the co-founder and CEO of Zoho Corp. 2. The software had started selling well. Founder & Creative Director, Plotwist Creative "We have been using Zoho Invoice for more than 10 years, and it's so reliable. The company launched and grew without outside funding and is privately owned. With more than 25000 carrier deployments worldwide, WebNMS is known to be a highly customizable Network Management Framework and is trusted as a scalable and flexible technology supplier to network service providers, managed service providers and network equipment vendors. Zoho Invoice is invoicing software designed for freelancers & small business owners. In 2016, the Tenkasi office located in rural India launched Zoho Desk, a product that was developed there. 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. 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. And together, in 1996, from a small apartment located in the suburbs of Chennai, he started Vembu Software. So when two years later, his brother Kumar brought up the thought, he decided to join his brother, left his job and headed back to their home country, in attempts to solve the nation’s pain-points with the help of technology. Simply because, Zoho is able to offer the same products to clients at $10-12 which Salesforce sells it at $65. Sridhar Vembu is the founder and CEO of Zoho Corporation (formerly AdventNet Inc), who are the makers of online Zoho Office Suite along with several business applications. Zoho Corporation uses 9 email formats, with first last (ex. Provider of an online business, network and IT infrastructure management application designed to provide … 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 By around 2000, they had grown to 115 engineers in India and 7 people in the US, with business of around $10 Million. This number is further seen to be growing at an electrifying speed, and the revenues which stood at $300 Million with 12 Million users in 2015 have jumped to $500 Million with 18 Million users in 2016, with users spread across the US, Europe, West Asia and Japan. 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. © 2014-2020 Yo! Other than that – ManageEngine also offers over 40 free tools that include – Windows & Desktop Management, Troubleshooting, and Virtualization Monitoring. Currently, 15% of Zoho's workforce is made of ZU graduates. He is known for his unconventional choices. Sridhar Vembu is an Indian entrepreneur, founder & CEO of Zoho Corporation, most renowned software and CRM companies. Vembu, who owns a majority stake in Zoho with … In the next two years, after the exit of Tony to start another venture, Sridhar brought about a lot of changes. The called it the year of R&D. Founded in 1996, Zoho Corporation is the software company behind three great brands: Zoho, ManageEngine and WebNMS. Try now! More Customers. 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. But Sridhar politely turned Marc down. The bubble burst did not destroy the company, but simply moved the company in the right direction. Success. Zoho Corp is a company that cares about people holistically. 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 … Sridhar Vembu is an entrepreneur of Indian origin. Zoho was founded in 1996 by Sridhar Vembu and is based in Pleasanton, California. I am Sridhar Vembu, Founder and CEO of Zoho Corp. ZOHO CORPORATION LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Yo! He decided to overlook the colleges, degrees or grades, and look for the smartness. 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. He lives the dream of every entrepreneur – being chased by VCs, and rejecting them! It was launched in 2005 with a web-based word processor. He joined Qualcomm in San Diego after finishing his Ph. During his days with Princeton, he had gained keen interest about Political Science and Economics, which had led to reading of several books and studying about the success of markets like Japan, Singapore and Taiwan, and how they had managed to grow so well. ManageEngine: With over 120,000 companies around the world (including three Fortune 500 companies) as customers; ManageEngine offers simplified IT management service with affordable software’s that are easy to use, easy to deploy, and easy on your budget, and with absolutely no expensive consulting fees or over-priced licenses. He is known for his unconventional choices. All rights reserved. Play . This was the time Sridhar had just taken over as the CEO of the company. But in 2001, the bubble burst happened, and the networking business saw a huge meltdown as well. These students then undergo an 18-month training that includes a six-month internship within the organisation in Maths, Computer Science and English. It has plans to sign up 1 million enterprises in the next three years and to achieve that, the company, as part of their strategy, is seen to be intensifying their its marketing and sales in the country. 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. With a total staffing of around 4000 employees, the company is headquartered in California and also holds offices in Singapore, Japan, China and India. Level of college grads SaaS applications the suburbs of Chennai, he decided to hire young whom! 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