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Zoho Corporation

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Zoho Corporation
TypePrivate
Industry
Founded17 - March - 1996; 25 years ago (17 - March - 1996)
Founder
HeadquartersChennai, Tamil Nadu, India
Area served
Worldwide
Key people
Sridhar Vembu (CEO), Radha Vembu, Sekar Vembu
Products
ServicesCloud-based business management applications
RevenueIncrease US$590 million (2020)
Increase US$110 million (2020)
Total assetsIncrease US$570.7 million (2019)
Number of employees
10,000+ (2021)[1]
Subsidiaries
  • WebNMS
  • ManageEngine
Websitewww.zohocorp.com

Zoho Corporation, is an Indian multinational company that specialises in software development, cloud computing, and web-based business tools. It is best known for Zoho Office suite. 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, India, and corporate headquarters in Pleasanton, California.

History

From 1996 to 2009, the company was known as AdventNet, Inc.[2]

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.[3]

In 2009, the company was renamed Zoho Corporation after its online office suite.[4] The company remains privately owned.[5]

In 2017 Zoho launched Zoho One, a comprehensive suite of over forty applications.[6]

Zoho reached more than 50 million customers in early 2020.[7]

Billionaire Radha Vembu owns a majority stake in the company.[8]

Locations

Zoho is headquartered in Chennai, India. As of 2019, it has 12 offices around the world.[9] Its US headquarters is currently in Pleasanton, California [6] with plans to move to Austin, Texas by 2021.[10] 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.[11] 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.[12][13] Zoho also has an office in Renigunta, Andhra Pradesh and has been operating from this office since 2018.[14]

See also

References

  1. ^ 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.
  2. ^ 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.
  3. ^ "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.
  4. ^ 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.
  5. ^ Kumar, K. Bharat (8 May 2016). "The maverick who shuns investors". The Hindu. ISSN 0971-751X. Retrieved 22 July 2019.
  6. ^ a b "About Zoho - Our Story, List of Products". Zoho Corporation. Retrieved 28 December 2018.
  7. ^ "Zoho achieves 50 million business users - Times of India". The Times of India. Retrieved 11 January 2020.
  8. ^ Sachmechi, Natalie. "Meet the World's 178 Newest Billionaires". Retrieved 24 May 2020.
  9. ^ "Cloud services firm Zoho to shift U.S. headquarters". The Hindu. 15 July 2019. ISSN 0971-751X. Retrieved 22 July 2019.
  10. ^ Cantu, Tony (9 April 2019). "California Software Firm Zoho To Move Headquarters To Austin". Patch Media. Retrieved 10 April 2019.
  11. ^ "How Zoho Aims To Put Tenkasi On The Map With Zoho Desk-A Product Built In The Downtown Of Nowhere". Inc42. 22 November 2016.
  12. ^ D'Monte, Leslie (24 November 2014). "Is Zoho the future of enterprise software?". Livemint. HT Media Ltd. 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.
  13. ^ "Zoho Corporation eyes 100 million users of its products in five years". Financial Express. 8 August 2015. Retrieved 5 August 2015.
  14. ^ "Zoho Corporation opens office at Renigunta". The Hindu Business Line. 13 January 2018.

Further reading

External links