Zoho has reportedly generated $100 crore (or around Rs. 8,000 crore) in revenue, according to CEO and Co-Founder Sridhar Vembu. Vembu added that ZOHO’s successful income generation was a result of its wide range of product offerings. Zoho Corp, a SaaS provider, made INR 5,442.4 crore in revenue in FY2021. Revenue at Zoho increased by 24% from the prior fiscal year. At the annual user gathering Zoholics India, Sridhar Vembu disclosed that Zoho is an Enterprisetech unicorn. According to the company, migrating mid-sized and large-scale organisations from other platforms to the Zoho solution has been quite advantageous. For entrepreneurs, zoho offers the cheapest company solution. The Indian market alone has seen a 77% rise for Zoho.
