Sridhar Vembu, who founded Zoho Corp, has been awarded the Padma Shri on the 72nd Republic Day. A graduate of IIT Madras and Princeton University, Sridhar Vembu recently moved back to his hometown Tenkasi village in Tamil Nadu in India. But he denied that he moved to India due to pandemic.
In 1996, Sridhar Vembu founded Advent Net Inc. along with his siblings and Tony Thomas. At that time, the company was headquartered in Pleasanton, California, US. But the company was morphed into Zoho Corp in 2009 and headquarter shifted to Chennai in India.
Today Zoho Corp is valued a $1 billion company and it boasts of having over 60 million users that include Levi’s, Amazon, Philips, Whirlpool, Ola, Xiaomi and Zomato according to an online publication, Friday Magazine.
Sridhar Vembu on Zoho Corp
Vembu said that he built Zoho at the right time. The segment was also right and conditions favourable. He further said that the company flourished by serving the underserved. And he said that entrepreneurs needed to be fearless.
Sridhar Vembu was speaking at an event organized by the Start India Initiative on 16th January. He said that entrepreneurs must be fearful of competing with big giants. But what could be worst than going back to a job. Other than software development, Sridhar Vembu is also interested in education sector.… Read the rest