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Zoho rolls out Zia Hubs, strengthening its AI roadmap
YourStory
ยท
1m ago
Medial
Zoho has launched Zia Hubs as part of its AI strategy, focusing on organizing and gaining insights from unstructured business data. Integrated within Zoho WorkDrive, Zia Hubs enables intelligent agents to contextually analyze and act on diverse content across Zoho's product suite. With CEO Mani Vembu emphasizing its potential for data intelligence, the tool aims to streamline data access and analysis. Currently in early access, a full release is planned for late 2025.
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Zoho rolls out AI-powered customer management features amid slowing growth
Livemint
ยท
1y ago
Medial
Chennai-based Zoho Corp. has updated its customer management software, Zoho CRM, with AI-powered analytics and support for open-source AI models. Despite reaching an annual revenue run-rate of $1bn in November, Zoho's global growth has slowed. The company aims to challenge established enterprise tech companies such as Salesforce and ServiceNow with the new software. Zoho's CRM for Everyone suite allows sales teams to customize modifications for other teams, breaking down silos and improving visibility. Zoho is also working on strengthening data security and developing AI models for increased privacy.
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Zoho Adds To Enterprise SaaS Suite With Agentic Capabilities, Zia LLM
Inc42
ยท
22d ago
Medial
Zoho has launched a suite of AI products, including its large language model Zia LLM, to enhance its enterprise SaaS suite with new capabilities. The rollout, built on NVIDIA's AI platform, includes an AI builder for easy integration, customized AI agents, and automation, enabling tasks such as data extraction, summarization, and code generation. This initiative follows Zoho's recent acquisition of Asimov Robotics, aiming to provide businesses with secure AI integration solutions.
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Zoho Rolls Out Zoho Payments To Streamline B2B Transactions
Inc42
ยท
11m ago
Medial
Zoho Payments, a new offering from the company, enables businesses to accept payments through different methods like UPI, net banking, and cards. The B2B payments capabilities of Zoho Payments are powered by NPCI's Bharat Bill Payment System (BBPS). Zoho obtained a payment aggregator license from the RBI earlier this year.
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Bajaj Finance pivots to profitability with AI, scales back payments ambitions
Livemint
ยท
7m ago
Medial
Bajaj Finance, one of India's leading non-bank lenders, is adjusting its five-year roadmap, BFL 3.0, to focus on profitability. The company will scale back its ambitions in the payments and credit card businesses and instead concentrate on artificial intelligence (AI) adoption, operational efficiency, and strengthening relationships with existing customers. The revised plan reflects challenges in balancing innovation and sustainable returns in a competitive and regulated financial landscape. Bajaj Finance aims to double its assets under management to โน8tn and expand its customer base to 200 million by FY29, with AI adoption being crucial in achieving these targets.
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Zoho earmarks $200mn for compound fab unit in Tamil Nadu
Livemint
ยท
1y ago
Medial
Chennai-based company Zoho Corp. has applied for a license to build a compound semiconductor fabrication plant in Tamil Nadu, with an allocated budget of $200 million. The project aims to bring silicon carbide (SiC) chip manufacturing to the region, and Zoho plans to license the technology from Clas-SiC. The government's subsidies for compound semiconductor fabs would support the project's development. Zoho also recently announced updates to its primary revenue source, Zoho CRM, including AI-powered analytics and support for open-source AI models. These initiatives reflect Zoho's efforts to expand its presence in the semiconductor and enterprise software markets.
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Tamil Nadu To Set Up Two New Regional Startup Hubs In Coimbatore, Tiruchi
Inc42
ยท
1y ago
Medial
The government of Tamil Nadu has established regional hubs in various cities to support startups, organize events, and promote innovation. Additionally, Global Startup Coordination Centres in Singapore and the US will be set up to assist startups in expanding internationally. Tamil Nadu, known for successful startups like Zoho and Freshworks, has a thriving startup ecosystem with over 7,700 registered startups.
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Zoho ramps up communication platform 'Cliq' to take on Slack and Zoom
Money Control
ยท
1y ago
Medial
Software major Zoho has announced updates to its communication and collaboration platform, Zoho Cliq, as CEO Sridhar Vembu stated that Salesforce's Slack is not viable and lacks AI capability integrations. Zoho Cliq, launched in 2017, competes directly with Slack and Zoom. The platform has seen a 30% increase in user migration from Slack and Zoom, with a 150% growth in revenue in India. Zoho Cliq offers a customizable interface with language customization capability, and the new features will be available from November 2023. Zoho is optimistic about the Indian market, aiming to become the second-largest market in 2-4 years.
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No product was ever an instant hit: Zohoโs Sridhar Vembu backs Sarvam AI amid criticism
YourStory
ยท
2m ago
Medial
Zoho co-founder Sridhar Vembu defended Sarvam AI after its large language model, Sarvam-M, received criticism. He explained that no Zoho product was instantly successful, emphasizing perseverance for long-term success. Sarvam-M, designed for Indian languages, faced skepticism regarding its originality and competitiveness. Some comparisons highlighted disappointing launch metrics. Critics, including Deedy Das, hoped Sarvam AI would achieve more with its resources. Nonetheless, Sarvam AI clarified metrics and timing around its release while aiming for significant machine learning advancements.
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CRED ropes in former SBI MD Sriram as independent director
Money Control
ยท
2y ago
Medial
Cred has appointed former State Bank of India (SBI) Managing Director Dinesh Kumar Khara as an Independent Director. Khara's vast experience in the banking sector and expertise in financial services will contribute to Cred's growth and strategic decision-making. This appointment showcases Cred's focus on strengthening its leadership team with experienced professionals to drive its vision in the Indian fintech industry. As part of the board, Sriram will provide guidance and counsel for the companyโs long-term strategy, growth plans, and execution roadmap.
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Zoho Corp plans to make public two foundational AI models this year
Livemint
ยท
5m ago
Medial
Zoho Corp plans to release two AI-based foundational models to the public by year-end. These models, consisting of 7 billion and 13 billion parameters, aim to enhance Zoho's product offerings. Unlike resource-intensive models like ChatGPT, Zoho's models are designed for efficient energy use. They focus on B2B applications. Zoho will also expand its AI solutions for IT clients with its ManageEngine division, which significantly contributes to the company's revenues. Security is a key growth area.
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