City
Epaper

Zoho to foray into eastern UP this year: CEO Sridhar Vembu

By IANS | Updated: August 5, 2024 11:15 IST

New Delhi, Aug 5 In a first such move, Cloud software major Zoho is likely to mark its ...

Open in App

New Delhi, Aug 5 In a first such move, Cloud software major Zoho is likely to mark its presence in eastern Uttar Pradesh this year, the company's Co-founder and CEO Sridhar Vembu said on Monday.

The Chennai-based SAAS company last year surpassed 100 million users across over 55 business applications.

“We are going to Eastern UP this year, our first major rural expedition North. I wish we could have a meaningful presence everywhere and maybe over the next 20 years we will get there. That is my dream,” Vembu said in a post on social media platform X.com.

Noting that he loves the country and his heritage Vembu said that India “is vast talent waiting for opportunity everywhere in Bharat”.

“I love our nation -- while I am proud of my Tamil heritage, I am equally fond of every one of our states and our regions and the vast cultural, spiritual, and civilisational heritage they represent”.

He said that Zoho “wants to create world-class R&D capability wherever we go and there is a speed limit to how fast you can scale up R&D teams and it is not at all like scaling up manufacturing plants”.

He informed that the company is doing well in Kerala’s Kottarakara. The industrial park and R&D centre, majorly focussed on AI and robotics, was launched in February. The centre is expected to generate around 1,000 jobs in Kerala.

According to Vembu, high-end technology companies in rural towns can be crucial to help “stop the exodus of youngsters seeking overseas jobs”.

Zoho began its rural office in Tamil Nadu’s Tenkasi in 2011. It started with hardly 10 employees, and now reportedly has around 900 professionals working in a non-urban area.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentBoman Irani calls ‘The Mehta Boys’ win a humbling and noisy celebration of teamwork

NationalRajasthan's Neem Ka Thana Railway Station gets bomb threat, no suspicious object found

International'Meaningful expansion of partnership': PM Modi on outcome of meeting with Jordan King

EntertainmentShruti Haasan finally hits pause as she’s on ‘vacay’ mode

BusinessBusiness growth in India slows in December; HSBC Composite PMI falls to 58.9 from 59.7 in Nov

Technology Realted Stories

TechnologyAdani Foundation, Adani Electricity observe National Energy Conservation Day with students in Mumbai

TechnologyAdani Power gets ‘Buy’ rating, target price set at Rs 187: Antique Broking

TechnologyS. Korean construction companies' sales fall for first time in 4 yrs in 2024

TechnologyIndia inflation to remain benign in FY27, another rate cut only if growth requires it: Report

TechnologyWith $600 billion net worth, Musk on way to becoming world’s first trillionaire