Know the Smartest Unknown Entrepreneur from India
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Know the Smartest Unknown Entrepreneur from India

By SiliconIndia   |    1 Comments
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Bangalore: In this bustling crowd of budding entrepreneurs and startups mushrooming all around the ecosystem, there are a few entrepreneurs who get lost in the crowd, in spite of being really skilled at what they do. Sridhar Vembu, though very less known and a name that hasn’t made much of news leads one of the most successful startups of the country. The CEO of Zoho Corporation, the company that is known as the Google of India, is recognized by Forbes as the smartest unknown Indian entrepreneur.

An ex alumnus of IIT Chennai, Sridhar is credited for designing one of the first online cloud computing office suites as a company. Soon after passing out, he started his entrepreneurial career by setting up AdventNet with his two brothers and few friends. AdventNet has now advanced to be the giant tech company called Zoho. Today Zoho employs 1,600 at the DLF IT Park and serves about 60,000 clients, including NASA, GE, Sony, Lufthansa, and AOL.

“We are one of the largest product development companies in India. We compete and complement Google. However, the biggest competitor is Salesforce,” says Sridhar. While the base is in Chennai, the company is well known outside India. It has 6.5 million users for its 25-plus products such as an email application. It is adding nearly 150,000 new users every month, as reported by Businessline.

When asked about raising funds for the development projects in future, Sridhar humbly denie saying, “No need for it. We are profitable and can invest from internal accruals.” Undoubtedly, the company has been quiet successful with its internal bootstrapping that has helped it to invest $15 million last year in its Chennai facility.

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Reader's comments(1)
1: Truly... one of the greatest entrepreneurs in india.. has done some great innovations
Posted by:raman - 29 Jun, 2012