Powered by: Motilal Oswal

News

Zoho logs over 65% CAGR upmarket growth in India Global SaaS technology company Zoho on Wednesday said it has achieved over 65 per cent compound annual growth rate (CAGR) in annual recurring revenue (ARR) in India within the mid-market and enterprise segment. The Chennai-headquartered firm announced investments across its entire portfolio to accelerate upmarket momentum, following an impressive three-year period. Notably, the mid-market and enterprise segment now accounts for more than 50 per cent of Zoho's ARR in India. Overal...
Zoho logs over 65% CAGR upmarket growth in India
Zoho logs over 65% CAGR upmarket growth in India
Source: IANS
14/06/2023 4:20:21 PM
AI a serious threat to several programming jobs: Zoho's Sridhar Vembu Global technology company Zoho's CEO and co-founder Sridhar Vembu on Monday expressed his concerns on the potential impact of artificial intelligence (AI) regarding the future workforce, saying that AI poses a serious threat to several programming jobs. Referring to the conversational AI platforms like ChatGPT and others, Vembu said that he has been saying internally for the past 4-5 years that "ChatGPT, GPT4, and other AI being created today will first affect the jobs of many pro...
AI a serious threat to several programming jobs: Zoho's Sridhar Vembu
AI a serious threat to several programming jobs: Zoho's Sridhar Vembu
Source: IANS
3/04/2023 7:28:08 PM
Zoho expands rural initiatives, opens new hub offices, schooling centres Global technology company and SaaS leader Zoho on Monday said it plans to open new hub offices in Tirunelveli and Madurai districts in Tamil Nadu and one in Uttar Pradesh. The company has opened two 'hub' offices in Trichy and Tiruppur in the past six months, and reiterated its commitment to investing in R&D and people. "As much as we are technologists and have a robust SaaS portfolio, it remains that business growth is not ceiling-less especially given the current econ...
Zoho expands rural initiatives, opens new hub offices, schooling centres
Zoho expands rural initiatives, opens new hub offices, schooling centres
Source: IANS
3/04/2023 12:28:58 PM
Zoho introduces unified communications platform to help firms boost productivity Software-as-a-service (SaaS) major Zoho Corporation on Wednesday unveiled a unified communications platform called 'Trident' that brings collaboration, productivity and communication experience at one place. It is Zoho's first desktop native application and combines mail, messages, audio/video calls, calendar and tasks. Additionally, the Zoho Voice platform is now a full phone system integrated directly within Zoho Cliq (team collaboration), and Zoho Meeting (web conferencin...
Zoho introduces unified communications platform to help firms boost productivity
Zoho introduces unified communications platform to help firms boost productivity
Source: IANS
8/02/2023 5:53:49 PM
Zoho built capabilities steadily to reach $1 bn in revenue: CEO Amid the economic slowdown, Chennai-based global technology company Zoho Corporation on Tuesday announced it has reached $1 billion in annual revenue, riding on its diversified product portfolio. Sridhar Vembu, CEO and Co-founder, Zoho, told IANS that no one has built a billion-dollar product company in India. "We built one product, a modest product and we got some modest profit. We invested in building more capabilities steadily. Even our own people would not have believed years a...
Zoho built capabilities steadily to reach $1 bn in revenue: CEO
Zoho built capabilities steadily to reach $1 bn in revenue: CEO
Source: IANS
8/11/2022 1:39:04 PM
Zoho`s e-commerce platform to help sellers create online stores on ONDC Zoho Corporation on Wednesday announced that its unified platform for e-commerce will integrate with the Open Network for Digital Commerce (ONDC) as a technology service provider. Zoho Commerce platform will allow sellers to set up their online stores quickly and on-board the government-backed, open e-commerce network. Anand Nergunam, Vice President, Revenue Growth, Zoho, said that ONDC will create a level-playing field for small businesses and other sellers who have been vastly under-r...
Zoho`s e-commerce platform to help sellers create online stores on ONDC
Zoho`s e-commerce platform to help sellers create online stores on ONDC
Source: IANS
26/10/2022 12:41:04 PM
Zoho One platform sees 64% growth in India in 2 years Zoho Corporation on Wednesday said that its integrated platform Zoho One now supports 50,000 organisations across more than 160 countries and in India, Zoho One has seen 64 per cent growth in the last two years. In India, over 45 per cent of the demand was driven by tier 2 and tier 3 cities, indicating the increase in digitisation of businesses in non-metros. The key sectors contributing to the growth are IT and professional services, BFSI, retail and wholesale, education, and real esta...
Zoho One platform sees 64% growth in India in 2 years
Zoho One platform sees 64% growth in India in 2 years
Source: IANS
12/10/2022 5:02:21 PM
Startup founders must brace for economic slowdown: Zoho's Sridhar Vembu Startup founders have to realise that the funding winter is here and it is time to brace for the worst with controlling cash burn and investing only in meaningful activities, says Sridhar Vembu, CEO and co-founder of tech company Zoho Corporation. As startups face the wrath of global macro-economic factors like the Russia-Ukraine war, high inflation, rising interest rates and Chinese lockdowns with laying off the workforce and shutting divisions, the "course correction is coming to In...
Startup founders must brace for economic slowdown: Zoho's Sridhar Vembu
Startup founders must brace for economic slowdown: Zoho's Sridhar Vembu
Source: IANS
29/05/2022 4:38:30 PM
Zoho invests in Indian startup Genrobotics that makes robotic scavengers Tech company Zoho Corporation said on Wednesday that it has invested Rs 20 crore in Genrobotics, an Indian startup building robotics and AI-powered solutions for social issues such as hazardous working conditions. Chennai-headquartered Zoho said that the investment will assist Genrobotics in its mission to eradicate manual scavenging in India and provide safety and dignity to workers in the sanitation and oil and gas industries. Genrobotics offers 'Bandicoot' robot, the world...
Zoho invests in Indian startup Genrobotics that makes robotic scavengers
Zoho invests in Indian startup Genrobotics that makes robotic scavengers
Source: IANS
25/05/2022 10:59:37 AM
Zoho's enterprise IT firm ManageEngine to hire 1,000 in India this year ManageEngine, the enterprise IT management division of tech company Zoho Corporation, on Thursday announced its plans to hire 1,000 employees in 2022 in India for development, research and development and customer-facing roles. Since 2002, the company which is the enterprise IT management division of Chennai-based Zoho Corporation has served over 2,80,000 organisations in more than 190 countries. "We invest heavily in R&D, product design and integration, so that our customers c...
Zoho's enterprise IT firm ManageEngine to hire 1,000 in India this year
Zoho's enterprise IT firm ManageEngine to hire 1,000 in India this year
Source: IANS
19/05/2022 4:36:00 PM
Zoho, Tech Mahindra, LG pledge to support Covid relief efforts in India Chennai-based technology firm Zoho Corporation on Thursday announced to help hospitals and health care centers across Tamil Nadu with procurement and distribution of essential medical equipment for Covid-19 treatment. The company has also donated Rs 5 crores to the state government's public relief fund towards Covid relief and another Rs 13 crore worth oxygen supplies and medical equipment to various private and public hospitals across the state, the company said in a statement. Oth...
Zoho, Tech Mahindra, LG pledge to support Covid relief efforts in India
Zoho, Tech Mahindra, LG pledge to support Covid relief efforts in India
Source: IANS
14/05/2021 9:46:03 AM