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India needs tech companies that have 100 billion in revenue, not valuation: Zoho’s Sridhar Vembu
YourStory
·
9m ago
Medial
Sridhar Vembu, CEO of Zoho Corporation, emphasizes the need for India to focus on building technology companies that generate $100 billion in revenue rather than just focusing on valuation. He argues that India needs these companies to uplift its economy, pointing out the success of similar firms in China over the past two decades. Vembu warns against the excessive focus on valuation, as it can divert attention from long-term vision and growth. He encourages entrepreneurs to prioritize revenue growth and avoid getting caught up in stock bubbles and easy funding.
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Zoho’s Sridhar Vembu urges entrepreneurs to ‘think rural’ for untapped talent | Company Business News
Livemint
·
6m ago
Medial
Zoho Corporation's co-founder, Sridhar Vembu, encourages Indian entrepreneurs to focus on rural areas for untapped talent. He highlights rural India’s youthful demographics and suggests leveraging native language skills. Vembu argues that sourcing talent from rural districts, which have substantial birth rates, could be beneficial. He advises a long-term commitment for entrepreneurs while acknowledging training challenges. Vembu receives mixed reactions, with supporters acknowledging potential benefits and others pointing out training and application issues.
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Zoho’s Sridhar Vembu backs Yali Aerospace
Entrackr
·
1y ago
Medial
Sridhar Vembu, co-founder and CEO of SaaS firm Zoho, has invested in drone startup Yali Aerospace. Founded in 2022 by Dinesh, Anugraha and Mathuravani, Yali’s drones offer easy-to-use technology for civil and military purposes. The Thanjavur-based firm specialises in providing drone solutions for medical, surveillance, and logistics globally. Some of its applications include solutions for precision agriculture, infrastructure inspection, and disaster response. Its range includes 100 kilometer with a payload of 9 kilogram and 50 kilometer with 10.5 kilogram. According to the company’s website, Yali can deliver medical commodities to any destination in India in less than 20 minutes through the Yali Network Bridge. Earlier this month, media reported that Vembu is all set to enter the chip making business, with an investment plan of around $700 million.
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‘Inaccurate’: Zoho’s CEO Sridhar Vembu Shrugs Off Report On Its INR 3K Cr Chip Investment In Odisha
Inc42
·
10m ago
Medial
In response to recent media reports claiming that Zoho's semiconductor venture will be set up in Odisha with an investment of INR 3,034 Cr, Zoho's founder and CEO, Sridhar Vembu, dismissed the report as inaccurate. He clarified that their investment proposal is still under consideration by authorities and no decisions have been made yet. Vembu stated that he cannot provide any further details at this point.
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Sridhar Vembu Warns High Software Salaries Not a Birthright
StartupTalky
·
2m ago
Medial
Zoho founder Sridhar Vembu cautions software engineers against assuming their advantages will persist amidst the AI revolution. He highlights that elevated salaries and job security in tech are not guaranteed as AI transforms productivity. Vembu stresses the importance of adaptability, urging engineers to focus on high-value problem-solving over routine tasks, as AI's capabilities expand in software development. His remarks have sparked industry discussions on changing dynamics and job security in the tech field.
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Trump has found great talent: Zoho’s Sridhar Vembu applauds Sriram Krishnan's appointment
YourStory
·
7m ago
Medial
Sriram Krishnan has been appointed as the Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy. The CEO of Zoho Corporation, Sridhar Vembu, has applauded this appointment, noting Krishnan's talent and experience in leading product and engineering teams at tech firms like X, Meta, and Snap. President-elect Donald Trump announced that Krishnan will work closely with David Sacks, the newly appointed White House AI and Crypto Czar, to shape and coordinate AI policies across the US government. Krishnan had previously worked at venture capital firm Andreessen Horowitz for four years.
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Leading Public Company Harder Than Private Firm: Zoho’s Vembu
Inc42
·
1y ago
Medial
In a recent post, Zoho CEO Sridhar Vembu expressed his belief that leading a public company is much harder than running a private one. He highlighted the pressure of managing a public company's stock price and the potential for employee burnout and attrition. Vembu's comments came after the CEO of Freshworks, Girish Mathrubootham, stepped down. Zoho continues to remain a profitable, privately-owned company, allowing them to focus on long-term critical projects and growth without pushing employees too hard. Vembu's words sparked a discussion about the benefits and downsides of going public.
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'If all software engineers are out of work': Sridhar Vembu sees power shift, warns of hoarded gains - BusinessToday
Business Today
·
2m ago
Medial
Zoho founder Sridhar Vembu foresees a future where AI could disrupt current economic systems, potentially concentrating wealth among tech monopolies. Instead of mass unemployment, Vembu suggests shifts where human-centered jobs like caregiving, agriculture, and arts will become highly valued. He emphasizes the need for governments to tackle monopolies for equitable distribution of AI benefits. Ultimately, policy, not technology, will determine economic balance and societal well-being in an automated age.
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Mohandas Pai criticises omission of Bengaluru from AI Centres of Excellence; Zoho’s Sridhar Vembu responds
YourStory
·
9m ago
Medial
Former Infosys board member Mohandas Pai has criticized the government's decision to exclude Bengaluru, known as India's technology capital, from the list of locations for the proposed AI Centres of Excellence. The government plans to establish three AI CoEs focusing on healthcare, agriculture, and sustainable cities, with IIT Delhi, AIIMS, IIT Ropar, and IIT Kanpur leading the respective centers. Pai argues that overlooking Bengaluru disregards the city's significant contributions to the tech industry and its potential for driving AI innovation. However, Sridhar Vembu, CEO of Zoho Corporation, defended the government's decision, stating that the committee responsible for selecting the locations made the decision independently and without any government directives.
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India needs more electricians, nurses; not Economics degree: Vembu
Inshorts
·
8m ago
Medial
Zoho CEO Sridhar Vembu said India needs to value people who do hands-on work, including electricians, plumbers, welders and nurses. "We need people who build things. We don't need more Economics or Political Science or History majors," he said in a post on X. Vembu was commenting on Musk's old statement advocating for hands-on jobs over college degrees.
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Zoho CEO Sridhar Vembu revives 70-hour work week debate, says no need to work to 'demographic decline
YourStory
·
7m ago
Medial
Zoho Corporation CEO Sridhar Vembu has ignited the debate surrounding the necessity of a 70-hour work week for economic development. He pointed out the hardworking culture of East Asian countries like Japan, South Korea, Taiwan, and China, arguing that excessive work hours have contributed to their economic growth. However, he emphasized that only a small percentage of the population, around 2-5%, needs to work long hours to drive progress, and the rest should aim for a work-life balance. Vembu also highlighted the potential negative consequences, such as low birth rates and a lonely old age, which may not be worth the economic success achieved through extensive work hours.
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