Zoho Corporation
TypePrivate
Industry
Founded17 March 1996; 26 years ago (17 March 1996)
Founder
HeadquartersChennai, Tamil Nadu, India
Area served
Worldwide
Key people
Products
ServicesOnline office suite, online business management tools
RevenueIncrease 5,230 crore (US$650 million) (FY2021)
Increase 1,918 crore (US$240 million) (FY2021)
Total assetsIncrease US$570.7 million (2019)
Number of employees
12,000+ (2022)[1]
Subsidiaries
  • Manage Engine
  • Qntrl
  • Trainer Central
Websitezoho.com
zohocorp.com

Zoho Corporation is an Indian multinational technology company that makes web-based business tools.[2] It is best known for the online office suite offering Zoho Office Suite. The company was founded in 1996[3] by Sridhar Vembu and Tony Thomas and has a presence in seven locations with its global headquarters in Chennai, Tamil Nadu, India, and corporate headquarters outside of Austin in Del Valle, Texas.[4][5] Radha Vembu, Sridhar Vembu's sister, owns a majority stake in the company.[6]

History

From 1996 to 2009, the company was known as AdventNet, Inc. and initially provided network management software.[7][8]

AdventNet expanded operations into Japan in 2001 and shifted focus to small and medium businesses (SMBs).[8]

Zoho CRM was released in 2005, along with Zoho Writer, the company's first Office suite product.[8] Zoho Projects, Creator, Sheet, and Show were released in 2006.[8] 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.[9]

In 2009, the company was renamed Zoho Corporation after its online office suite.[10] The company remains privately owned.[11]

In 2017, Zoho launched Zoho One, a comprehensive suite of over forty applications.[12] As of October 2021, Zoho One has been expanded to 50 applications.[13]

Zoho reached more than 50 million customers in January 2020.[14] In July 2022, the company announced it had more than 80 million users.[15][16]

Locations

Zoho is headquartered in Chennai, India. As of 2021, it has 12 offices operating in nine countries around the world.[5][17] 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.[18][19] Zoho also has an office in Renigunta, Andhra Pradesh and has been operating from this office since 2018.[20]

Its US headquarters was in Pleasanton, California[12] until it was moved to Del Valle, Texas in 2019.[4] In April 2019, Zoho purchased the land outside of Austin that was intended for their new headquarters. Instead, in February 2020, they built an organic farm as a food source and place for rest and recreation for its employees during the COVID-19 pandemic.[5][21] There, employees work out of existing structures.[4] Unused food is shared with the Central Texas Food Bank and other organizations.[21]

The research and development campus is in Estancia IT Park, Chennai. Zoho opened an office in Tenkasi in 2011, where their product Zoho Desk was built and launched.[22][23]

After the outbreak of COVID-19 Zoho[24] planned to open branches in rural areas in southern Tamil Nadu including Madurai and Theni. In February 2022, Zoho opened an office in New Braunfels, Texas, United States.[25]

Zoho One train wrap on the CTA's 5000-series railcar (Loop-bound on the Purple Line).
Zoho One train wrap on the CTA's 5000-series railcar (Linden-bound on the Purple Line).
Zoho Corporation Headquarter in 2020

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. ^ Sharma, Disha. "How SaaS poster boys Zoho and Freshworks ended up in a drag-out fight over alleged theft of ideas". The Economic Times. Retrieved 10 May 2021.
  3. ^ Bagchi, Shrabonti (29 July 2021). "Sridhar Vembu's village lab". Mintlounge. Retrieved 30 November 2021.
  4. ^ a b c Egan, John (17 December 2021). "Austin-based tech company plugs into booming suburb with more than 100 jobs". CultureMap Austin. Retrieved 11 January 2022.
  5. ^ a b c Hartmans, Avery. "Employees at global software firm Zoho have turned the company's Austin headquarters into a fully functioning farm. It's become a respite during the pandemic, and could serve as a model for a new way of working". Business Insider. Retrieved 11 January 2022.
  6. ^ Sachmechi, Natalie. "Meet the World's 178 Newest Billionaires". Archived from the original on 5 June 2021. Retrieved 24 May 2020.
  7. ^ 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.
  8. ^ a b c d Mukherjee, Sharmistha (2 February 2017). "How to build a global company from a small town: The Zoho story". TECHSEEN. Retrieved 17 May 2022.
  9. ^ "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 21 August 2019. Retrieved 28 December 2020.
  10. ^ 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.
  11. ^ Kumar, K. Bharat (8 May 2016). "The maverick who shuns investors". The Hindu. ISSN 0971-751X. Archived from the original on 15 September 2020. Retrieved 22 July 2019.
  12. ^ a b "About Zoho - Our Story, List of Products". Zoho Corporation. Archived from the original on 21 December 2018. Retrieved 28 December 2018.
  13. ^ Finnegan, Matthew (19 October 2021). "Zoho One suite expands to more than 50 apps". Computerworld. Retrieved 24 December 2021.
  14. ^ Hariharan, Sindhu (17 November 2009). "Zoho achieves 50 million business users - Times of India". The Times of India. Archived from the original on 13 December 2020. Retrieved 11 January 2020.
  15. ^ Ladipo, Ebunoluwa (28 July 2022). "Zoho hits 38% annual growth, celebrates milestone investments". Businessday NG. Retrieved 30 July 2022.
  16. ^ "Zoho Corporation surpasses 80 Million Users, hits Milestone Investments, R&D". TechBuild Africa. 28 July 2022.
  17. ^ "Cloud services firm Zoho to shift U.S. headquarters". The Hindu. 15 July 2019. ISSN 0971-751X. Archived from the original on 7 November 2020. Retrieved 22 July 2019.
  18. ^ D'Monte, Leslie (24 November 2014). "Is Zoho the future of enterprise software?". Livemint. HT Media Ltd. Archived from the original on 13 August 2015. 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.
  19. ^ "Zoho Corporation eyes 100 million users of its products in five years". Financial Express. 8 August 2015. Archived from the original on 8 August 2015. Retrieved 5 August 2015.
  20. ^ "Zoho Corporation opens office at Renigunta". The Hindu Business Line. 13 January 2018. Archived from the original on 9 November 2019. Retrieved 27 February 2018.
  21. ^ a b "'Labor of love': Tech company swaps plans for glossy Del Valle campus for verdant working farm". austonia. 27 April 2021. Retrieved 11 January 2022.
  22. ^ "How Zoho Aims To Put Tenkasi On The Map With Zoho Desk-A Product Built In The Downtown Of Nowhere". Inc42. 22 November 2016. Archived from the original on 28 February 2018. Retrieved 27 February 2018.
  23. ^ "Zoho plans to set up offices in 100 rural districts to tap into local talent". The Economic Times. 12 July 2022. Retrieved 12 July 2022.
  24. ^ "ZoHo Corporation to set up 10 rural centres in south Tamil Nadu | Madurai News - Times of India". The Times of India. TNN. 29 October 2020. Archived from the original on 21 May 2021. Retrieved 21 May 2021.
  25. ^ Herald-Zeitung, Steve Knight | The. "Global tech company establishes office in Saengerhalle in New Braunfels". Herald-Zeitung Online. Retrieved 22 February 2022.

Further reading

External links