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India needs tech companies that have 100 billion in revenue, not valuation: Zoho’s Sridhar Vembu

YourStory · 4m

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.