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The productivity software company Zoho has never taken outside funding and plans to stay private. Zoho chief strategy officer Vijay Sundaram says the company can more easily take a long-term view. Zoho currently competes against software giants like Atlassian and ServiceNow. The 25-year-old productivity tool company Zoho believes that staying private has been one of the keys to its success and doesn t have any ambitions for an IPO. Zoho, along with its IT service management division ManageEngine, offers a suite of productivity and business applications and competes against public software giants like $57 billion market cap Atlassian and $95 billion market cap ServiceNow. Unlike those competitors, which raised $522 million and $269.28 million from investors, respectively, before going public, Zoho has never taken outside investment. ....
Tenkasi Days: Sridhar Vembu’s global village × The soul of India lives in its villages declared Mahatma Gandhi nearly a century ago. But it was the cities that moved the wheels of commerce and where the talent and spotlight shifted. Until Sridhar Vembu, the charismatic founder of Zoho Corp, took it upon himself to prove that the village could be a coding hub of creativity and commerce. Vembu, recently awarded the Padma Shri award, argues that it was a decision based on first principles to move to a rural outpost near Tenkasi in southern Tamil Nadu nearly a decade ago, and no quixotic ideals. Cities were getting crowded, polluted, facing water shortage and things needed to change. But it’s taken a pandemic during which work from anywhere became an accepted notion to prove how far-sighted was his premise. ....
Zoho, Flat6Labs partner to accelerate digital transformation for startups Eligible startups working with Flat6Labs will receive free Zoho Wallet credits worth $1800. Reuters The partnership will help early-stage startups overcome entry barriers and leverage a cost-effective technology adoption plan. Zoho Corporation, a global technology company with the broadest portfolio of products in the industry, has entered into a strategic partnership with Flat6Labs, a leading startup accelerator and seed investment company in the Mena region. Under this collaborative initiative, startups associated with Flat6Labs across any of its six locations Cairo, Jeddah, Abu Dhabi, Beirut, Bahrain, and Tunis can avail access to Zoho’s business applications. ....
Synopsis To enhance the resources for SMEs, Mastercard has joined forces with website builder Wix and Zoho, a cloud solutions provider. The resources site in Asia Pacific is part of Mastercard’s global efforts to help SMEs Get Paid, Get Capital and Get Digital through new product development, partnerships and distribution channels. To help small and medium enterprises (SMEs) recover from the pandemic and prepare for the future, Mastercard has launched the Digital Acceleration for Small Businesses microsite across most of its Asia Pacific websites with information and resources on how to digitalize and run businesses more efficiently. As COVID-19 drives a shift to e-commerce and contactless payments, the center features guides on digital transformation, e-learning courses, information about Mastercard products and services for SMEs, cyber security insights and tools to reduce vulnerabilities and access to discounts on business software solutions, e-commerce pla ....