You may create interesting online courses, support a learning community, and convert your skills into a lucrative training enterprise if you acquire a comprehensive platform that facilitates these tasks. How will you feel? Shouldn’t it assist your business save time, money, and other resources while allowing you to concentrate on what matters most? “company growth”.
Let’s go into the specifics of Zoho Corporation Company Profile, a private company with a visible vision. That is who offers a centralized platform for all of your business IT needs.
Zoho Corporation is an Indian multinational software and IT business management company.
The Zoho Company manufactures web-based business products, employing about 11,000 people worldwide.
About Zoho
With approximately 11,000 workers worldwide, Zoho Corporation is an Indian multinational software and IT business management firm that creates web-based business products. On March 17, 1996, Tony Thomas and Sridhar Vembu established the business. The worldwide head office is located in Chennai, Tamil Nadu, India, and its corporate offices are in Del Valle, Texas, which is outside of Austin.
With the same passion, Zoho has created dozens more products. Now that they are all bundled together into one suite called Zoho One, a business may run entirely on the cloud, they are even accessible. It is primarily recognized for its online office suite, which includes CRM software and Zoho Office Suite.
Zoho Company History
The zoho.com domain was bought sometime in 2002. In 2009, changed its name to Zoho Corp. We were founded sometime between late 1995 and early 1996.
The business’s previous name from 1996 until 2009 was AdventNet, Inc., and its initial offering was network management software.
In 2001, AdventNet increased its activities in Japan and moved its attention to small and medium-sized businesses (SMBs).
Early in 1998, when they were able to pay themselves modest salaries and already had a revenue run rate of well over $500,000 per year, Zoho declared they were entering a legitimate business.
Back in 1995, there were two bootstrapped businesses—one in the US and one in India. My brothers Shailesh Kumar, who currently oversees our Engineering department and Zoho Labs, and Kumar Vembu, who is the founder and CEO of GoFrugal and is actively involved in Zoho Corp., launched a bootstrapped business at home in the Chennai, India suburb of East Tambaram.
The remaining parts of history are very well known.
Even in 1998, when Zoho Corp had sales of $1 million, the company made a sizable investment in R&D. We made a similar investment in 2003–2005 to bootstrap our next venture.
In January 2020, Zoho had more than 50 million users. The business declared it had more than 80 million users in July 2022.
Zoho Company Profile Summary
| Company Name | Zoho |
| Founded | 1996 |
| Founder | Sridhar Vembu, Tony Thomas |
| Industry | IT (Information Technology) |
| Headquarters | Chennai, India |
| Establishment Place | India |
| Registered Address | |
| Parent Organization | Zoho Corporation Private Limited |
| Number of employees | |
| Area served | |
| Valuation | ~$1 Billion |
| Profit | $255.7 Mn (Rs 1,918 crore in FY21) |
| Revenue | $728.71 mn (Rs 5,442.4 crore in FY21) |
| Website | zoho.com |
| Contact | info@zohocorp.com |
Zoho Owner & Founders
Sridhar Vembu:
Zoho Corporation was founded by Indian millionaire businessman Sridhar Vembu, who also serves as its CEO. He was born in 1968 to middle-class Tamil parents from a Tamil Nadu village in the Thanjavur district.
He obtained his MS and Ph.D. degrees from Princeton University in New Jersey after receiving his Electrical Engineering bachelor’s degree from the Indian Institute of Technology, Madras in 1989.
Prior to relocating to the San Francisco Bay Area, Vembu began his professional career in San Diego, California, as a wireless engineer for Qualcomm.
Vembu and two of his brothers established AdventNet in 1996 as a software development company for manufacturers of network equipment. In 2009, the business changed its name to Zoho Corporation and began focusing on offering customer support for SaaS.
Tony Thomas:
In 1995, Tony Thomas, a co-founder of Zoho, launched a bedroom business in New Jersey, USA. Joy Thomas, Tony’s older brother, gave him a personal loan. Tony has begun developing a library for the Java SNMP API protocol.
Tony, who was three years older than Sridhar Vembu at the time, was introduced to him by a common IIT acquaintance in late 1995. I did not know him when I was a student when I was in IIT. Then I introduced Tony to my Indian brothers.
In the middle to end of 1996, they began their collaboration. Tony traveled to Silicon Valley at the beginning of 1997 to promote his SNMP protocol software.
Zoho Vision
Our passion and our craft are both in software. At Zoho, we produce stunning software to address business issues. Software, in our opinion, is the pinnacle of human creativity.
Zoho Mission
We have maintained our secrecy and have never accepted money from anybody. We must and will prioritize investing in people as one of our R&D advantages. We have a thorough program to recruit and train high school pupils from the Zoho Schools of Learning program.
Zoho Commitment
More than just a single product or a tightly integrated suite is included when you select Zoho. You benefit from our dedication to improving your experience and enhancing ongoing refinement. We also promise to work nonstop to ensure your pleasure.
Zoho Focus
Zoho is dedicated to using your funds responsibly. In comparison to sales and marketing, we spend more on product development and customer service.
Zoho Name, Tagline, and Logo
According to the Zoho founder Sridhar Vembu, The name ‘Zoho’ was the result of the abbreviation that is “Small Office Home Office”. The Zoho Company’s tagline is “Your Life’s Work, Powered By Our Life’s Work”.
Zoho Products
The company’s initial Office suite application, Zoho Writer, and Zoho CRM were both published in 2005. 2006 saw the release of Zoho Projects, Creator, Sheet, and Show. With the introduction of Zoho Docs and Zoho Meeting in 2007, Zoho ventured into the collaborative market. By August 2008, the company had one million users after adding mail and invoicing applications.
The business changed its name to Zoho Corporation in 2009 to reflect its online office suite. The business is still privately held.
Zoho introduced Zoho One in 2017, a comprehensive collection of more than forty applications. The number of applications in Zoho One has increased to 50 as of October 2021.
An innovative and potent software suite to manage your complete organization is provided to you by a firm with the long term in mind.
End-to-end, fully customizable CRM solution for growing businesses and enterprises. Zoho offers to run your entire business with 45+ integrated applications. With Zoho One, you can manage, connect, and automate business processes across your organization. Experience the Operating System for Business.
Zoho has a diversified range of products for the organizations, they are:
Sales & Marketing: Give your sales team the best selection of tools to help them close more business deals faster.
Consumer Assistance: Give the customer service team the tools and context they require to satisfactorily assist each customer.
Email & Collaboration: Apps can improve teamwork among your employees and alter how workers carry out their duties.
Finance: Use the best range of cloud-based finance tools to help businesses with their accounting.
Human Resources: The organization can focus on their staff as the HR solutions streamlined your HR processes.
IT Management & Security: By being present where your clients are, use applications to connect with them there.
Customized Services: Use applications to streamline complex business procedures and make it easier for your teams to work together.
Legal: By reducing the contract lifecycle, you may increase efficiency across the board in contract management.
Enterprise Intelligence: Give your firm access to insightful data by utilizing our cutting-edge self-service business intelligence & analytics platform.
Zoho – Services
Zoho offers services related to the that help the organizational work in a systematic manner through the Zoho Online office suite, online business management tools
Zoho Locations
The headquarters of the Zoho Campus is in Chennai, India. By 2021, it will have 12 offices working in nine different nations. In addition to having operations in Singapore and Japan, the company also works in China. The majority of its support operations are run out of its Chennai office.
Additionally, Zoho has a location in Renigunta, Andhra Pradesh, where it has been conducting business since 2018. Its US headquarters was formerly located in Pleasanton, California, but in 2019 it relocated to Del Valle, Texas. Food is donated to the Central Texas Food Bank and other charities in April 2019.
The campus for research and development is located in Chennai’s Estancia IT Park. In 2011, Zoho established a location in Tenkasi, where their Zoho Desk product was created and released.
Following the COVID-19 outbreak, Zoho intended to establish offices in rural southern Tamil Nadu locales including Madurai and Theni. In the month of February 2022, Zoho set up shop in New Braunfels, Texas, in the United States. In July of that year, there were 30 workers there.
The Rio Grande Valley area of McAllen, Texas became home to Zoho’s third office in Texas in April 2022.
The business announced intentions to establish its third headquarters in Africa in Lagos, Nigeria, in July 2022.
Zoho Growth and Revenue
The demand for digital transformation today is greater than the trend. The SaaS market expanded by 24% in 2021, and according to International Data Corporation, it will reach a value of 1.3 trillion dollars by 2030. That isn’t even ten years away!
This indicates that there is space for development and growth. For us, success goes beyond our remaining in business.
The majority of Chennai-based Zoho’s income comes from the sale of licenses for its cloud software suite and from software subscription fees paid by its users in 12 different countries.
The company’s largest operating sector in terms of collections—which accounts for 58% of annual revenues—is the enterprise IT management software.
The overall size of Zoho increased by 77% in 2021. The rental income Zoho received from its IT Parks, which is included in other operational revenues, decreased by 39.5% to Rs 16.7 crore from Rs 27.6 crore gained during the FY20 pre-Covid period.
42.7% of sales, or Rs 2,233.3, or its largest regional market, was made in the United States.
Continental Europe came in second, contributing $15.8 million ($297.8 million), or 12% of sales. China is among Zoho’s smallest markets, accounting for just 4.7% of its operational revenues, or Rs 250.5 crore ($33.4 Mn) originating from here.
Zoho Funding
The founder and CEO of Zoho Corporation, Sridhar Vembu, is renowned for his unassuming demeanor and for believing that Indian engineering talent from tiny villages can generate software of the highest caliber. Zoho Corporation has been a global technology provider for 25 years.
An intriguing anecdote: the domain name Zoho was first registered by a US-based hotel firm that had funded $53 million in 1999 to expand. Unfortunately, for this hotel aggregator, which went into liquidation during the years 2000–2001, the fantastical tale of high valuations turned out to be a nightmare. The domain name was acquired by Sridhar and his colleagues from the court overseeing the liquidation process because they adored it.
By 2010, they had changed the company’s name to Zoho Corp. by using the domain to launch a number of office products for the parent company, AdventNet Technologies. The SaaS industry had already generated $100 million in sales by that point, driving companies like Freshworks and all the other SaaS-based firms to emerge from India and have an impact on the world.
Zoho Investments
Zoho has made 8 investments. Their most recent investment was on May 25, 2022, when GenRobotic raised ₹200M.
Here are the Investments done in startups and companies by Zoho corporation:
May 25, 2022 – GenRobotic – ₹200M
Dec 9, 2021 – Ultraviolette Automotive – ₹1.1B
Sep 7, 2021 – Voxelgrids – ₹350M
May 30, 2020 – Boson Motors
Dec 20, 2016 – Zentron Labs -$516K
Sep 8, 2016 – Zenedge – $6.2M
Nov 24, 2014 – Corporate Round – Zentron Labs
Jan 31, 2013 – Seed Round – Zentron Labs- $524K
Zoho Acquisitions
Zoho has acquired 1 business throughout its journey so far. The acquisition is made on March 7, 2019, ePoise, which is the most recent acquisition, was made.
Zoho Subsidiaries
Zoho subsidiaries that work simultaneously with Zoho are:
- Manage Engine
- Qntrl
- Trainer Central
Zoho Competitors
Thinking about substitutes for Zoho? Potential customers assess competencies in areas like evaluation and contracting, integration and implementation, service and support, and specific product capabilities in B2B marketing automation platforms when comparing various options.
Customer relationship management (CRM) software like Zoho CRM has great capabilities for omnichannel communication, data analytics, and workflow automation.
For individuals seeking a capable small business CRM, the following are the top Zoho alternatives:
- The best Zoho CRM substitute overall with a built-in phone system is Freshsales.
- For companies searching for a comprehensive business management solution, consider Apptivo.
- Pipedrive: a reliable Zoho substitute with sophisticated document management features
- Teams searching for sophisticated marketing tools in their CRM should use HubSpot CRM.
- Insightly: Ideal for groups seeking integrated project and event management tools.
- Really Basic Systems Platform simplicity of use’s top Zoho CRM substitute.
Zoho Accolades
- In its 2021 CRM Technology Value Matrix, Nucleus Research has named Zoho as a leader due to the high functionality and usability it offers to its customers.
- Zoho won both Editor’s Choice and Customer Choice. 2019 saw PCMag conduct a reader survey regarding their CRM experiences, and the findings were amazing.
- From 2019 to 2022, Zoho CRM won the Editors’ Choice award for Best CRM Software four times in a row.
- The Gartner MQ for Sales Force Automation identified Zoho CRM as a Challenger in 2021.
- Capterra was recognized in 2021 as the industry leader in a number of categories, including CRM Software and Sales.
- B2B Marketing Automation Platform, 2022, Gartner Peer Insights – Customer Choice Awards.
- Emotional Footprint 2022 and Data Quadrant Leader in Software Reviews, 2021
- 2021 CRM Software Awards: Crozdesk is the winner.
- Market leader for CRM software is one of the featured clients for 2021.
- 2021’s Best CRM Software according to TrustRadius. We are the highest-rated CRM platform according to TrustRadius.
- SelectHub – Leader, CRM Software Systems
- 360 Quadrants – 360 Analysts Choice Visionary Leader, CRM Software Quadrant, 2022.
- GetApp – Highest Rated Sales Forecasting Apps, 2021. Zoho CRM was crowned as a Leader in Sales. Forecasting, thanks to the glowing reviews left by our beloved customers.
- SaaS Worthy – Most Worthy Software, 2022.
- BusinessNewDaily – Best CRM for Remote Workers
- G2 Crowd – Leader in CRM Category, 2022.
- Paul Greenberg CRM Watchlist, 2022 – Winner with distinction.
Zoho Future Plans
The US-based technology company Zoho, which has its global headquarters in Chennai, celebrated its 25th anniversary on Wednesday. It has now created a thorough business plan outlining its course for the next 25 years, which calls for “transnational localism and self-sufficient regional economies.”
On the topic of “transnational localism,” Zoho stated that its development will be based on closely collaborating and servicing local communities all over the world while maintaining connections through shared knowledge and culture.
The hub-and-spoke office model will be used by Zoho as it transitions to a decentralized, internationally distributed workforce. Every business software turns into a collaboration app in such a remote and mixed work environment. According to the press statement, it will invest in messaging and A/V technologies.
More satellite Zoho campus offices (20–30 seats) will be opened by Zoho in rural regions
It will carry out infrastructure projects in the villages where it has established offices and invest in lengthy R&D projects designed to develop capacities and know-how as part of its ongoing efforts to revitalize rural areas. It will also construct and extend its school in Tenkasi to teach local kids in their own tongue, Participate in numerous efforts that serve the neighborhood. Similar initiatives will be made in other non-urban and rural places.
The Zoho Schools
Zoho Schools of Learning is the place to be if you’re eager to achieve your career objectives and would prefer not to let traditional college get in the way!
The world is evolving and changing all the time. What distinguishes you that you are doing differently?
Good luck if the beaten route is what you’re looking for! However, we warmly welcome you to the world of Zoho Schools if you are a curious nonconformist seeking lifelong learning.
Zoho began a social experiment in 2005 to give a meaningful alternative to a traditional college education by offering highly relevant, in-depth learning opportunities for industry professionals. Disillusioned by the rising gap between industry expectations and graduating talent, Students receive training that is both contextual and really immersive throughout a two-year period.
Zoho’s Schools of Technology, Design, and Business are highly sought-after career prospects for millennials looking for a job in high technology, 16 years and 1084 graduates later.
Much about Zoho’s Schools of Learning can be learned by visiting our website – https://www.zohoschools.com.
Conclusion:
Winding up the Article, let’s look briefly at what we got to know about this Unicorn Zoho Corporation Company.
To be more specific, Zoho Corp is a complete CRM solution for businesses and enterprises. It is integrated across the board, and it offers to manage, connect, and automate business processes. It offers to operate your complete business with 45+ applications. You can access Zoho Corporation through cloud-based backend functionality or through a SaaS-based front-end functionality.
You can also make use of other features that we have integrated into Zoho Company. The feature that stands out most is the dashboard. It allows you to monitor, analyze and improve your business’ performance. You can also manage and enhance your customer relationships with the help of this dashboard. You can add, delete, tweak and manage your entire customer database. With the help of this feature, you can also create and run sales and marketing campaigns to promote your business and increase brand loyalty.
You can also manage your employees and track their performance. You can manage your inventory and manage your suppliers and vendors. You can even manage your finances and count your expenses. Zoho corp. is much more than just a CRM solution. It can be used for a range of applications that require different sets of functionality.
It can be used by different types of businesses. It is easy to use. You can simply set up an account in just a few minutes with your company’s information. Once you have set up your account, you can begin using Zoho Company.
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