He Proved Indians can Create World-class IT Products Without External Funding!

By: Team Drilers | March 19, 2018
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He Proved Indians can Create World-class IT Products Without External Funding!

Sridhar Vembu is known for building a multi-million dollar Zoho Corporation. Sridhar founded the Zoho Corporation in 1996 and now Zoho offers web-based business tools and information technology solutions, including an office tools suite, internet of things management platform, and a suite of IT management software. Sridhar believes that Indians are capable of creating world-class products in India itself and that too without any external funding required. Today we are trying to go through his life experiences while making of the Zoho Corp throughout this story.

Sridhar Vembu is the CEO of Zoho Corp

Early Background of Sridhar Vembu 

Sridhar Vembu was born and brought up in a very modest middle-class family living in Chennai. His father used to work as a stenographer in the high court with mother, taking care of household chores. They both never went to college so they wanted Sridhar to excel in studies. Sridhar completed his education till 10 class in a Tamil-medium government-aided school and then went to prestigious IIT- Madras for his under-graduation course. After that, he also completed his Electrical Engineering from the Princeton University in 1989.

inspiring stories of indian business tycoons

Sridhar also worked Qualcomm in San Diego in 1994 after completing his Ph.D. As a system analyst, he worked on wireless communication including aspects like CDMA, power control and some very detailed issues on wireless communications. It was during this time, Sridhar gained the keen interest in Political Science and Economics, which had led to the reading of several books and studying about the success of markets like other developed countries.

 

The Journey from Vembu software to Zoho Corp

When Sridhar started taking interest in Political Science and economics, he came to a conclusion that India needs to fix Socialism to be a successful country. In attempts to solve the nation’s pride with the help of technology, he left his job and headed back to India after 2 years to join hands with his brother. They partnered with Tony Thomas, a man who had a kind of network management software and was experienced in Product management. These all circumstances lead to the opening of Vembu software in the suburbs of Chennai confined within a small apartment in 1996.

Indian Entrepreneurs Success Stories

The company was later known as AdventNet Inc. from 1996 to 2009 before it was again renamed as Zoho Corporation after its online office suite of the same name. The Zoho Corp. brand has three divisions under the Zoho Corp. brand- WebNMS, ManageEngine and Zoho.com and these three services make the most of Zoho Corp. The company is headquartered in Pleasanton, California with a research and development campus in Estancia IT Park in Chennai, Tamil Nadu, India. With a total strength of more than 4000 employees, Zoho Corp is growing by leap and bound without outside funding and is privately owned as of now.

 

Conclusion

Sridhar Vembu has revolutionized the concept of the Product based company in India. He has taken Zoho Corporation to new heights. He is one of the most influential persons for all the young people looking to be an entrepreneur. Sridhar is aware that technology is the best way to solve the problems of the country and Zoho is the result of the same. We can hope to have some more people inspired by Sridhar and revolutionized the society through the technological advancement.

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