Zoho
Zoho is a leading global technology company offering a vast array of software solutions for businesses of all sizes. Founded in 1996 by Sridhar Vembu and Manikandan Lakshmanan, Zoho has steadily grown into a powerhouse with over 50 million users in over 160 countries.
Market Share:
- Varies depending on the specific product category. For example, Zoho CRM holds a 5.79% market share in the lead management software market, competing with giants like Salesforce and HubSpot.
Last Three Years Balance Sheet:
- FY20: Zoho’s profit was approximately Rs 801 crore.
- FY21: The company’s profit increased significantly to around Rs 1,918 crore.
- FY22: Zoho’s profit further rose to over Rs 2,700 crore, demonstrating strong growth.
Founders
1. Sridhar Vembu
He continues to helm Zoho, shaping the company’s overall strategy and direction. Published a book titled “Building Zoho: From Product to Movement” about his entrepreneurial journey and Zoho’s unique culture.
Socials
- Twitter @svembu
2. Tony Thomas
Tony G. Thomas: He was instrumental in the early technical development of Zoho and served as CEO from 1996 to 2000. He remains actively involved in the company and holds the title of Chief Evangelist.
3. Sreenivas Kanumuru
He is best known for his work on vTiger, a popular open-source CRM software that was later acquired by Zoho. He also played a significant role in the development of Zoho CRM and continues to contribute to the company’s growth.
Top 10 Profitable Startups of India [Updated 2024]
India has achieved new heights past year and is continuing to gain heights at present as well. These new ideas are becoming successful because of technology, and artificial intelligence, and this country’s audience adopting these technologies fast. If we look at the previous stats of our country’s startup, It has made nearly 111 unicorns. From actors and actresses to youngsters, everyone in the country has innovative ideas and they have made their ideas turn into reality with the help of little funding made by investors and small marketing strategies.
Talent and startup ideas are at every corner of the country. That’s why the Indian government has also taken the “Startup India Initiative”. This initiative is helping young minds showcase their talents by taking part through colleges or single person only.
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