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News on Medial
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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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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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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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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'We have to build extensive public transport to make our cities liveable': Zoho's Sridhar Vembu
IndianStartupNews
·
23d ago
Medial
Zoho’s Sridhar Vembu advocates for enhanced public transport in India’s dense cities, comparing them to Singapore, which limits private car ownership through an expensive Certificate of Entitlement system. Vembu emphasizes public transport's importance in making cities livable and critiqued a road project benefiting private vehicle owners. His comments sparked discussions on public transport infrastructure and incentives. Users echoed the need for improved public transport systems, citing last-mile connectivity and financial constraints of state transport corporations.
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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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‘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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Zoho stays private or ‘won't be able to work from village’: CEO
Inshorts
·
1y ago
Medial
Sridhar Vembu, CEO of Zoho Corporation, said on X he intends to keep Zoho private, citing intense pressure of managing a public company. He emphasized the benefits of private status, including long-term R&D and employee well-being. The post resonated with many X users as it sparked discussions. Zoho reported a robust Rs 8,703 crore revenue in FY23.
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How WestBridge turned its under $10 mn bet into over $100 mn bonanza
VCCircle
·
1y ago
Medial
Private equity firm WestBridge Capital has generated over $100 million in profits from its initial investment of less than $10 million in an internet company. The firm primarily invests in unlisted companies but also makes private investments in public equities. WestBridge Capital has already realized most of the profits from this successful venture.
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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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CCI approves acquisition of certain issued and paid-up equity share capital of Haldiram
Economic Times
·
1m ago
Medial
The Competition Commission of India (CCI) has approved the acquisition of certain shares of Haldiram Snacks Food Private Limited by Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP. This approval follows Haldiram's announcement of selling a stake to International Holding Company (IHC) and Alpha Wave Global. Temasek, a Singapore-based investment firm, previously acquired a minority stake in Haldiram. Alpha Wave focuses on private equity, private credit, and public markets, while UAE's IHC is a leading investment firm.
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