Sridhar Vembu and Zoho Corporation: From Rural India to a Global SaaS Powerhouse
Explore Sridhar Vembu journey of building Zoho CRM from Rs. 0 to 9000 cr company. Know about Vembu's networth, investments, wife, Education etc.

Often searched as "Sridha Vembu", the correct name is Sridhar Vembu—a name that has become synonymous with innovation, simplicity, and rural empowerment in India's tech landscape. As the founder of Zoho Corporation, Sridhar’s story is a powerful example of building a global technology company without chasing venture capital or glamour.

Humble Beginnings: Who is Sridhar Vembu?

Born in 1968 in a small village near Thanjavur, Tamil Nadu, Sridhar Vembu comes from a modest middle-class family. His academic path took him to the top:

  • B.Tech in Electrical Engineering from IIT Madras

  • Ph.D. in Electrical Engineering from Princeton University, USA

After a successful stint at Qualcomm, Sridhar made a bold move—he returned to India with a vision to create something impactful, not just profitable.

The Birth of Zoho: From AdventNet to a SaaS Giant

In 1996, Sridhar co-founded AdventNet with his siblings. Initially focused on network management software (WebNMS), the company served U.S.-based clients and secured major contracts, including with Cisco Systems.

As the global tech landscape evolved, AdventNet pivoted to the SaaS (Software as a Service) model and rebranded as Zoho Corporation.

Today, Zoho Offers:

  • 50+ cloud-based business apps

  • Services across CRM, finance, HR, communication, and collaboration

  • A customer base in 180+ countries

  • 100M+ users (as of 2024)

Financial Growth: Zoho by the Numbers

Zoho's growth has been phenomenal—without raising a single rupee from external investors.

Financial Year

Revenue (INR)

Net Profit (INR)

Growth

FY22

₹6,710 crore

₹2,749 crore

FY23

₹8,703 crore

₹2,836 crore

+30% YoY

Zoho remains 100% bootstrapped, privately held, and profitable—an extremely rare combination in the tech world.

Rural Revolution: Sridhar Vembu’s Vision for India

One of Sridhar Vembu’s boldest moves was relocating to a village near Tenkasi, Tamil Nadu, to build Zoho’s R&D center. His philosophy:

"We can bring world-class innovation from rural India."

Key Initiatives:

  • Zoho Schools of Learning: An alternative to traditional college, training rural youth in programming, design, and tech.

  • Decentralization: Encouraging companies to build beyond urban metros and create tech hubs in rural districts.

  • Employment Generation: Creating local jobs to reduce urban migration.


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Hi, I'm Shivam Sharma, SEO Executive at Finowings, your trusted platform for financial insights. At Finowings, we provide accurate and timely updates on IPO GMP, live IPO GMP, GMP of IPO, and upcoming IPO GMP to help investors make informed decisions. Our expert-driven content simplifies complex IPO trends and market data, making Finowings a go-to source for reliable IPO analysis and grey market premium updates in India.

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