Sridhar Vembu founded AdventNet with his siblings
and Tony Thomas, in Pleasanton, California in 1996 to make software products at
a time when IT services were the rage. AdventNet acquired the Zoho.com domain
in 2002 and morphed into Zoho Corp in 2009 to reflect the transition from a software
company serving network equipment vendors to an innovative online applications
provider.
Headquartered in Chennai, Zoho has over 60 million
users worldwide and counts Whirlpool, Ola, Xiaomi, Levi's, Amazon, Philips, and
Zomato among its clientele. According to Friday Magazine, an online
publication, the company continues to be bootstrapped but commands a valuation
of nearly $1 billion.
Vembu graduated out of IIT Madras in 1989, completed
a Ph.D. in Princeton, and started working as a wireless systems engineer at
Qualcomm. After two years, he co-founded AdventNet with two of his brothers and
three friends. At the time of launching his company, he noted that in spite of
having a number of talent, India never produces any software products. He felt
that in order to be economically advanced, India should start producing software
and take up complex tasks. Vembu moved to the US in 1997 to build sales and
marketing for Adventnet. However, Zoho had their product development and
product management departments always in India. They kept building the products
out of India from their early days and build these complex technologies from
India. This was the differentiating factor between other companies and Zoho
Corp.

Zoho university was formed in 2004 and later known
as Zoho Schools with an aim to train and onboard students with skillsets and
abilities. Students of this university receive a free-of-cost education and are
provided with a stipend of ₹10,000 throughout the
tenure of their two-year course. The university focuses on the eagerness to
learn than their previous skills. The Zoho School was started with six students
and two professors but today more than 800 students have graduated from these
schools and are employed with Zoho Corp. Out of the 9,300 employees of Zoho
Corp, 875 are students from Zoho Schools. 15 to 20 percent of their engineers
do not have any engineering degree. They are all trained in-house. Zoho Schools
that are going all digital now have allowed them to bypass colleges and secure
a decent livelihood.
Zoho is now able to provide cloud-based customer
relationship management (CRM) solutions and more than 40 apps for online
accounting, human resource and inventory management, and more. Their products
like Zoho Desk, a customer service software, were built out of the
Mathalamparai office, as Vembu believes that we need not be in the urban
hubs to develop world-class products. His vision encouraged more people and
facilities to shift to villages as the tier 1 cities already started to face
major challenges. The pandemic reinforced this belief of the Zoho founder as
people moved to their hometowns to continue operations from their small towns
and villages.

The 54-year-old entrepreneur moved to Mathalamparai,
a nondescript village near Tenkasi, in 2019. From Tenkasi the company has built
advanced products like Zoho Desk. Zoho has earned its reputation of being the
first software product unicorn. Forbes valued Vembu’s 88 percent stake at $1.83
billion in 2019. In the same year, Zoho reported profits of ₹516
cr. on total revenue of ₹3,410 crores. The
company recently has 50 million users globally for its apps. The most recent of
which was launched before the Covid pandemic and is suitably called Zoho
Remotely.
Nine years ago his company purchased 4 acres of land
in Mathalamparai village which is 650 km away from Chennai to begin operations
from the village. Vembu’s days begin at
4 am when he completes calls to the US offices and goes for a long walk or swim
in the village well at 6 am. Strict to his village life routine, Venbu goes for
a walk in the morning and evening and keeps his gadgets turned off for a few
hours, as he interacts with villagers and enjoys village ponds and creeks,
teaches in Zoho schools, and rides an electric auto-rickshaw during that time.
Vembu steps out to the fields to grow paddy, vegetables like brinjal, okra, and
tomato, and fruits such as mango, coconut, and watermelon.
Presently, Zoho has two rural offices in Tenkasi and
Renigunta in Andhra Pradesh with 500 of its 9,300 employees globally working
out of these. The company has a larger plan for its 8,800 India-based employees
working out of non-urban India.
Sridhar Vembu said in an interview that his
motivations to go rural are two-fold: “One, I want my employees to live in
these villages because it brings a lot of cross-fertilization of ideas. Once some high-earning people come in, they bring
in good and bad habits.” After the mentoring and coaching of the staff in the
city, Zoho recruits the pass outs to work from their village. With this great
idea in mind, Vembu has gradually moved back to his rural and agrarian roots
over the past 15 months. He was recently conferred with the Padma Shri award,
the fourth highest civilian award in the country, by the Union government, and
is appointed as a member of the National Security Advisory Board (NSAB).