Why does Zoho founder Sridhar Vembu believe nations need tech sovereignty?

Sridhar Vembu believes nations need tech sovereignty because control over core technologies is now fundamental to a nation's ability to govern itself in a technology-saturated world.

What is Zoho's strategy regarding an IPO?

Zoho prefers to remain private and avoid an IPO to enable heavy reinvestment in long-term research and development without external market pressures.

What is the new offering announced by Zoho?

Zoho has launched a new, made-in-India enterprise resource planning (ERP) solution specifically targeted at businesses within India.

Home / Business and Economy / Zoho Stays Private for R&D, Eyes Tech Sovereignty

Zoho Stays Private for R&D, Eyes Tech Sovereignty

23 Jan

•

Summary

Nations require control over core technologies for sovereignty.
Zoho launches a homegrown ERP solution initially for Indian businesses.
The company will remain private to focus on long-term R&D investments.

Zoho Stays Private for R&D, Eyes Tech Sovereignty

Sridhar Vembu, founder and chief scientist of Zoho, has stressed the vital importance of technological sovereignty for nations in today's tech-saturated world. He stated that controlling core technologies is now essential for a nation's sovereignty.

Zoho has launched a new enterprise resource planning (ERP) solution developed in India, specifically aimed at local businesses. This initiative aligns with the government's Make in India and Atmanirbhar Bharat agendas.

Vembu also confirmed Zoho's commitment to remaining a private entity, eschewing an Initial Public Offering. This decision allows the company to reinvest significantly into long-term research and development without succumbing to short-term market pressures.