Overview
Zoho Corporation is a Chennai-based software company founded in 1996 by Sridhar Vembu and Tony Thomas under the name AdventNet. It has never raised venture capital and remains privately held. In February 2026 it reported more than one million paying organisations, about 150 million users and roughly 19,000 employees.
Leadership
Co-founder Shailesh Kumar Davey became group CEO in January 2025, when Sridhar Vembu stepped down to become chief scientist. Tony Thomas leads Zoho US, Rajesh Ganesan leads ManageEngine and Mani Vembu leads Zoho.com.
Financial results
For the fiscal year ended 31 March 2025, Zoho reported revenue from operations of ~$1.43 billion (₹12,313 crore), up 17.7% from ~$1.21 billion (₹10,456 crore) a year earlier. Net profit was ~$370 million (₹3,191 crore), slightly below ~$383 million (₹3,299 crore) in FY24, as spending on product development and infrastructure rose. The Zoho suite contributed ~$818 million (₹7,051 crore), ManageEngine ~$564 million (₹4,863 crore) and services ~$46.3 million (₹399 crore). North America is the largest market.
Products
The Zoho suite covers CRM, finance, email and collaboration, HR and customer support, and is sold individually or as the Zoho One bundle. ManageEngine sells IT service management, endpoint, identity and network monitoring software. Zoho also offers consumer products such as the Arattai messaging app, whose downloads rose sharply in 2025.
Recent developments
In May 2025 Zoho shelved a planned $700 million semiconductor fab. In January 2026 it opened its first UAE data centres in Dubai and Abu Dhabi. It continues to build AI features on its own Zia LLM.
