Zoho Corporation Pvt Ltd

Zoho Corporation Pvt. Ltd. is a privately-owned company. It operates independently, meaning it is not listed on the stock market and has no institutional or angel investors’ money.

As per the Indian Companies Act 2013, a private company must have at least ₹1 lakh in paid-up share capital. Such companies cannot raise money from the public, and shareholders cannot transfer their shares.

A private company must have at least two directors and can have between 2 to 200 members.

Under the Act, a private company must include ‘Private Limited’ (Pvt. Ltd.) after its name, hence Zoho Corporation became Zoho Corporation Pvt. Ltd.

Since Zoho is a private company, it is not required to issue a prospectus to the public, unlike a public company. The minimum capital for a private company is ₹1 lakh.

Holding meetings like the Annual General Meeting (AGM) is not mandatory for a private company.

Being a private company, Zoho Corporation is not required to disclose its balance sheet, profit and loss account, and cash flow statement to the public. The last time Zoho publicly disclosed its balance sheet was on 31st March 2022.

History of Zoho Corporation

Zoho Corporation started in 1996 in New Jersey, USA, as Advent Network Management Inc. Its founders were Sridhar Vembu, Tony Thomas, Kumar Vembu, Sekar Vembu, Shailesh Kumar Dave, and Srinivas Kanumuru.

• Initially, Zoho was a network management company providing web-based network management software to telecom service providers.
• The team began by coding in Java, a rising programming language at that time, and published their code on adventnet.com. Their Java SNMP API 1.0 was well-received by software developers.
• By the end of 1997 and the beginning of 1998, the company developed software in Silicon Valley, California, and changed its name to AdventNet Inc. In 1998, the office moved from New Jersey to San Jose, California.
• AdventNet started with a 15-member team focusing on network management software. They gained significant success in Japan when a top Japanese printer company licensed their software.
• Tony Thomas was the first CEO of AdventNet, with Sridhar Vembu as the company’s chief promoter. Their first product, WebNMS, was an OEM solution.
• In 1997, AdventNet made about $350,000 in sales, and the founders reinvested in research and development.
• In 2000, the office moved to Pleasanton, California. Around the same time, Sridhar Vembu, then CEO, decided against taking venture capital funds to maintain the company’s independence. This decision is why Zoho Corporation still operates as a private company.
• In 2001, AdventNet expanded internationally, opening its first office in Japan. In 2003, the company launched its division, ManageEngine. In 2004, they introduced Zoho Virtual Office.
• In 2005, AdventNet launched Zoho CRM and Zoho Writer, entering the SaaS market. By 2006, they released Zoho Projects, Sheet, Creator, and Show. In 2007, they launched Zoho Docs and Zoho Meeting.
• In 2008, they released Invoicing and Mail applications, reaching one million users by August that year. In 2009, AdventNet rebranded as Zoho Corporation, named after its online office suite, Zoho.
• In 2017, Zoho launched Zoho One, a suite with over 40 applications. By 2020, the company had over 50 million customers, and by 2021, Zoho One included 10 more applications.
• By November 2022, Zoho served over 50,000 organizations in 160 countries, with more than 80 million users.

Zoho hosts an annual conference to connect with users and help them understand its products better. In March 2023, Zoho collaborated with financial technology company Payoneer and in April announced a partnership with Trident to help users communicate across various channels.

What does Zoho do?

Zoho Corporation creates software applications/tools to make businesses, organizations, and people’s work easier, managed, and organized. The company works in technology, information technology, software development, and cloud computing.

Simply put, Zoho creates applications or tools according to the needs of different organizations, making their work easier, providing accurate information, and helping in achieving profitable results.

The company offers an online office suite of cloud-based applications for businesses, helping them become stronger in their business dealings.

What are Zoho’s services?

Here are some key services offered by Zoho:

• Customer Relationship Management (CRM): Helps businesses manage interactions with their customers, automate sales processes, and improve customer relationships.
• Productivity and Collaboration: Provides applications for email, document management, and collaboration tools to increase productivity within teams and streamline communication.
• Finance and Accounting: Offers applications for accounting, invoicing, and financial management to help businesses maintain financial records and manage transactions easily.
• Human Resources (HR): Zoho’s HR applications help manage various activities related to employees, from posting job vacancies to conducting interviews, maintaining employee databases, leave management, performance evaluation, time and attendance, employee onboarding, training and development, and employee self-service.
• Marketing Automation: Provides tools for automating marketing tasks such as sending emails, managing social media posts, and tagging customer interactions, saving time for businesses and strengthening customer communication.
• Project Management: Zoho’s Project Management applications help teams plan, collaborate, and track project progress.
• Analytics and Reporting: Provides tools to analyze customer trends, prepare charts and tables, and create business reports, helping businesses become a preferred brand for customers.
• Sales and Marketing: Besides the CRM product, Zoho offers several tools specifically designed for sales and marketing activities, including lead generation, email marketing, and social media management.
• Communication: Offers tools to enable communication between individuals, groups, or devices, managing digital communication services like email, instant messaging, video conferencing, social media, and other online platforms.
• Custom Application Development: Allows businesses to create custom applications according to their needs without extensive coding.
• Security and IT Management: Offers services to effectively manage and secure IT infrastructure, including network security measures, security information and event management, device security, security awareness training, data encryption, incident response, and management.

Zoho’s Products

Zoho makes software tools for computers and applications for mobiles. Zoho’s mobile products are available for both Android and iOS operating systems, and some apps are also available for Apple Watch.

Zoho’s Android apps can be found on the Google Play Store, and iOS and WatchOS apps are available on the Apple App Store.

Zoho currently has over 55 products. Here are a few of them:

1. Ulaa: Launched on May 4, 2023, this privacy-focused web browser is designed to help users protect their privacy with built-in capabilities to block tracking and website monitoring.
2. Zoho CRM: A software that tracks all interactions with customers, acting as a smart address book, recording contact details, emails, phone calls, and meetings.
3. Zoho Creator: An application development platform where business applications can be created with minimal coding or through drag-and-drop methods, even without full coding knowledge.
4. Zoho Analytics: A tool that helps businesses analyze their data, understand customer patterns, trends, and insights.
5. Zoho Projects: This is a project management software used for planning, collaboration, and tracking project progress.

Zoho Users Record

Zoho products are used by organizations, companies, and individuals. Every year, about 5 million new users from around the world start using Zoho products.

Zoho products and services are used by people in over 150 countries, and the company currently has more than 55 products available.

In 2022, the number of Zoho users was over 80 million.

Year-wise Users Count:

Countries with Most Zoho Users

Zoho products are most widely used in the United States (USA), followed by India.

Note: The number and percentage of users in a country can increase or decrease in the future.

Country-wise User Percentage:

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Zoho Employees Record

Zoho employs many people, with around 1,000 new employees joining each year.

In 2023, Zoho had over 19,101 employees, which is about 4,000 more than in 2022 when there were 15,019 employees.

Year-wise Employees Count:

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Zoho Offices

As of 2023, Zoho operates from 26 offices in 17 countries worldwide. The company has 12 offices in 6 countries in Asia, 6 offices in 3 countries in North America, 1 office in South America, 2 offices in 2 countries in Europe, 4 offices in 4 countries in Africa, and 1 office in Australia.

Zoho Offices in India:

• Chennai: Estancia IT Park, Vallancherry Plot No. 140 & 151, Grand Southern Trunk Road, Vallancherry, Taluk, Chengalpattu District, Tamil Nadu 603202
• Bengaluru: A-908, Signature Towers – Brigade Golden Triangle, Old Madras Rd, Sy No 50, Huskur Village, Bengaluru, Karnataka 560049
• Tenkasi: Silaraipuravu Village, Mathalamparai, Tenkasi District 627 814
• Renigunta: 16-237, Srikalahasti Road, Renigunta Pillapalem, Renigunta, Andhra Pradesh 517520
• Mumbai: EsziWorkN, The Capital, Unit# 808, 8th Floor, Plot No: C-70, Bandra Kurla Complex, Bandra (East), Mumbai 400051
• Delhi NCR: 2nd Floor, Plot No. 6, Magnus Tower, Sector 73, Gautam Buddha Nagar, NOIDA, Uttar Pradesh, 201307
• Kolkata: #301, Block 4A (3rd Floor) Eco Space, Rajarhat, New Town Action Area II, North 24 Paraganas, West Bengal 700160

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