Zoho Corporation
(4.2/5 - 156 reviews)
Active
Full Name: Zoho Corporation
Founded: 1996
Founders: Sridhar Vembu, Tony Thomas
Type: Privately owned
Zoho Corporation is an Indian multinational technology company that specializes in cloud-based business software. It provides a comprehensive suite of integrated applications designed for small to medium-sized businesses (SMBs), with scalable solutions for larger enterprises. Its offerings include CRM, office suite, project management, finance, human resources, and IT management software.
Basic Information
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Full Name: Zoho Corporation
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Founded: 1996
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Founders: Sridhar Vembu, Tony Thomas, Sreenivas Kanumuru
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Headquarters: Chennai, Tamil Nadu, India; United States headquarters in Austin, Texas
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Industry: Technology, Software Development, Cloud Computing
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Type: Privately owned company
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Parent Company: None
History Background
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Established Year: 1996, originally founded as AdventNet, Inc. in New Jersey, USA.
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Early Milestones: Initially developed network management software called WebNMS to support telecommunications and enterprise IT.
Key Historical Events
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2002: Launched ManageEngine, focusing on IT management software.
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2005: Released first web-based applications under Zoho brand, including Zoho CRM and Zoho Writer (word processor).
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2006–2008: Expanded product portfolio with Zoho Sheet (spreadsheet), Zoho Show (presentation), and other office tools.
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2009: Rebranded officially to Zoho Corporation, signaling expanded focus on cloud software innovation.
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2014: Initiated user conference Zoholics to engage global users and partners.
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2017: Unveiled Zoho One, an integrated suite offering over 40+ applications as a unified platform.
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2020: Launched Zoho Workplace for office productivity and collaboration.
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2023: Acquired ERP software company Gofrugal to enhance offerings.
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2025: ntroduced Zoho Zia, an AI-driven intelligent assistant integrated across products for analytics and automation.
Products and Services
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Major Products: Zoho CRM (Customer Relationship Management), Zoho Office Suite (Writer, Sheet, Show), Zoho Books (accounting software), Zoho People (HR Management), Zoho Projects (Project Management), ManageEngine (Enterprise IT Management and cybersecurity).
Leadership and Management
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CEO and Co-founder: Sridhar Vembu, a visionary in cloud software and rural tech innovation.
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Key Executives: Included family members who are also significant shareholders, such as Radha Vembu and Sekar Vembu, alongside co-founder Tony Thomas. The leadership is known for a strong focus on long-term innovation and customer-centric product development.
Financial Information (FY 2023)
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Revenue: ₹8,703.6 crore (approximately $1.1 billion USD)
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Net Income (Profit): ₹2,836 crore
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EBITDA Margin: 44.55%
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ROCE (Return on Capital Employed): 31.61%
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Employees: Employs thousands worldwide, with a significant workforce across India and subsidiaries globally.
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Revenue by Geographies: North America: ₹3,988.8 crore, Europe: ₹1,952.5 crore, Asia: ₹2,283.5 crore, Latin America: ₹121.8 crore, Other regions: ₹357 crore
Corporate Social Responsibility (CSR)
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CSR Programs: Involved in community welfare activities such as local environmental clean-ups, urban park restoration, tree planting drives, and educational awareness campaigns to empower underserved communities.
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Environmental Initiatives: Focuses on sustainable enterprise operations, including optimizing energy use, reducing carbon footprint, water conservation, zero-waste programs, and sustainable procurement policies.
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Notable recognition: Received SEZ Excellence Award for CSR and Renewable Energy initiatives (2019-20).
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Contribution to nonprofits: Provides lifetime free access to its cloud-based software to NGOs and charitable organizations like the Annapoorna Trust to support their digital transformation needs.