Zoho Corporation

Last updated

Zoho Corporation
ZOHO
FormerlyAdventNet, Inc. (1996–2009)
Company type Private
Industry
Founded17 March 1996;28 years ago (17 March 1996)
Founders
HeadquartersChennai, India
Area served
Worldwide
Key people
Products
Services
RevenueIncrease2.svg8,703 crore (US$1.0 billion) (FY23) [1]
Increase2.svg2,836 crore (US$340 million) (FY23) [1]
Number of employees
15,000+ (2023) [2]
Subsidiaries
  • ManageEngine
  • Qntrl
  • Trainer Central
  • Gofrugal
  • Zakya
Website zoho.com
zohocorp.com

Zoho Corporation is an Indian multinational technology company that makes computer software and web-based business tools. [3] It is best known for the online office suite offering Zoho Office Suite. The company was founded in 1996 [4] by Sridhar Vembu and Tony Thomas and has a presence in seven locations with global headquarters in Chennai, Tamil Nadu, India, and corporate headquarters outside of Austin in Del Valle, Texas. [5] [6] Radha Vembu, Sridhar Vembu's sister, owns a majority stake in the company. [7]

Contents

History

From 1996 to 2011, the company was known as AdventNet, Inc. and initially provided network management software. [8] [9]

AdventNet expanded operations into Japan in 2001 and shifted focus to small and medium businesses (SMBs). [9]

Zoho CRM was released in 2005, along with Zoho Writer, the company's first Office suite product. [9] Zoho Projects, Creator, Sheet, and Show were released in 2006. [9] Zoho expanded into the collaboration space with the release of Zoho Docs and Zoho Meeting in 2007. In 2008, the company added invoicing and mail applications, reaching one million users by August of that year. [10]

In 2009, the company was renamed Zoho Corporation after its online office suite. [11] The company remains privately owned. [12]

In 2017, Zoho launched Zoho One, a comprehensive suite of over forty applications. [13] As of October 2021, Zoho One has been expanded to 50 applications. [14] The following year, in November 2022, Zoho worked with more than 50,000 organizations in more than 160 countries. [15] [16]

Zoho reached more than 50 million customers in January 2020. [17] In July 2022, the company announced it had more than 80 million users. [18] [19]

Zoholics India is the name of the company's annual user conference. [15]

Other products include Zoho Books, an accounting application, Zoho Workplace, an enterprise collaboration platform, Zoho Survey, a customer experience management tool, and Zoho People, an HR management platform. [15]

In March of 2023, Zoho collaborated with Payoneer, a financial technology company that assists with businesses to make transactions easier. [20] In April, Zoho also announced a new collaboration platform called Trident that helps users communicate across different channels via email, messages, audio/video calls, etc. [21] [22]

In November 2023, Zoho announced partnership with StartupSouth to empower startups. [23]

Locations

Zoho is headquartered in Chennai, India. As of 2021, it has 12 offices operating in nine countries around the world. [6] [24] The company operates in China and also has offices in Singapore and Japan. The bulk of its support operations are carried out from its office in Chennai. [25] [26] Zoho also has an office in Renigunta, Andhra Pradesh and has been operating from this office since 2018. [27]

Its US headquarters was in Pleasanton, California [13] until it was moved to Del Valle, Texas in 2019. [5] In April 2019, Zoho purchased the land outside of Austin that was intended for their new headquarters. Instead, in February 2020, they built an organic farm as a food source and place for rest and recreation for its employees during the COVID-19 pandemic. [6] [28] There, employees work out of existing structures. [5] Unused food is shared with the Central Texas Food Bank and other organizations. [28]

The research and development campus is in Estancia IT Park, Chennai. Zoho opened an office in Tenkasi in 2011, where their product Zoho Desk was built and launched. [29] [30]

After the outbreak of COVID-19 Zoho [31] planned to open branches in rural areas in southern Tamil Nadu including Madurai and Theni. In February 2022, Zoho opened an office in New Braunfels, Texas, United States. [32] In July of that year, that location had 30 employees. [33]

In April 2022, Zoho opened an office in McAllen, Texas in the Rio Grande Valley, the company's third location in Texas. [34] [35] In July 2022, the company announced plans to open an office in Lagos, Nigeria, its third African office. [36] [33] [37]

In 2023 Zoho opened Zoho Labs R&D divisions in Nagpur, India for developing data centre hardware. [38] [39]

Zoho One train wrap on the CTA's 5000-series railcar (Loop-bound on the Purple Line) Davis 20180806 152844.jpg
Zoho One train wrap on the CTA's 5000-series railcar (Loop-bound on the Purple Line)

See also

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References

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Further reading