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Zoho Corporation Private Limited

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uuid028w9bt

Namestring
Zoho Corporation Private Limited
Legal namestring
Zoho Corporation Private Limited
Websiteurl
zohocorp.com
Company typeenum
Private
Founded yearint
1996
Descriptiontext

Zoho Corporation Private Limited is an India-headquartered, privately held software company founded in 1996 and based in Chennai, that develops a broad portfolio of cloud-based business applications under multiple sub-brands. Its core Zoho suite covers CRM, accounting (Books), email (Mail), help desk (Desk), and analytics (Zoho Analytics), while its ManageEngine division delivers IT management software spanning identity and access management, enterprise service management, endpoint management and security, IT operations management, SIEM, advanced IT analytics, and low-code application development. The company also operates Qntrl (enterprise orchestration), TrainerCentral (online learning), Vikra (India-focused ONDC e-commerce connectivity), and Ulaa (security-focused enterprise browser). The architecture is characterized by a proprietary, in-house technology stack with 50+ integrated applications designed to interoperate, reducing reliance on third-party integrations.

The company serves a wide customer base that reportedly includes 60% of Fortune 500 firms (e.g., HBO, Netflix, PayPal, Sony, L'Oréal, NEC, Mahindra, Viasat, MRV) alongside mid-market and SMB segments, with a horizontal segmentation approach spanning multiple industries. Zoho generates revenue through SaaS subscription licensing on annual and monthly plans, distributing software directly through owned digital properties including zoho.com, manageengine.com, qntrl.com, trainercentral.com, vikra.com, and ulaa.com. The company is bootstrapped and founder-led, with Co-founder and Chief Scientist Sridhar Vembu leading a senior team that includes long-tenured managers M. Saravanan, Rajesh, and Radha Vembu, and reports a workforce of 10,000+ employees. Its go-to-market combines direct-to-consumer self-service with enterprise sales capabilities, and it maintains a global footprint with stated worldwide customer reach.

Short descriptiontext

Zoho Corporation is a privately held, India-headquartered software company founded in 1996 that builds an integrated suite of 50+ cloud-based business applications — including CRM, finance, IT management, orchestration, analytics, and an enterprise browser — sold via SaaS subscriptions to enterprises, mid-market firms, and SMBs globally, reportedly serving 60% of Fortune 500 companies.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersChennai, India
HQ citystring
Chennai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cloud business software, CRM platform, IT management, enterprise orchestration, business applications suite
Industry3 codes
1Customer Success & Account Management CRM
CodeHDAEAFADPrimaryYes
2B2B SaaS & Enterprise Personalization (CRM, Sales, Support)
CodeHDAAAGAJPrimaryNo
3Enterprise Application Lifecycle Management (ALM) Platforms
CodeHDAEAKAJPrimaryNo
NAICS code1 code
  • Software Publishers5132
SIC code1 code
  • Services-Computer Programming Services7371
Product category
Cloud Business Applications
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1SaaS Subscriptions
TypeSubscription Recurring
Description

Zoho generates revenue primarily through Software-as-a-Service (SaaS) subscription licensing for its comprehensive suite of business applications including CRM, Books, Mail, Desk, and the broader Zoho product ecosystem. Annual and monthly subscription plans are offered across different tiers.

zohocorp.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 5 records shown
1Zoho
Description

Comprehensive suite of business software including CRM, Books, Mail, and Desk products

zohocorp.com
+4 more records
Core offering1 text field

Zoho Corporation develops and sells cloud-based business software spanning customer relationship management, accounting, business email, helpdesk, IT management, enterprise orchestration, online learning, payment processing, and a security-focused business browser. The company offers an integrated suite of more than 50 in-house business applications sold primarily as SaaS subscriptions through its owned websites including zoho.com and manageengine.com.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Zoho Corporation offers a unified platform-plus-modules architecture consisting of multiple integrated business software products. The core Zoho suite includes CRM, Books (accounting), Mail (email), and Desk (help desk), which handle fundamental business operations. The ManageEngine sub-brand provides comprehensive IT management solutions covering identity/access management, enterprise service management, unified endpoint management and security, IT operations management, SIEM, analytics, and low-code development. Additional products include Qntrl (enterprise orchestration and process automation), TrainerCentral (online learning platform), Vikra (ONDC Network e-commerce integration for India), and Ulaa (security-focused business browser). This portfolio enables businesses to manage customer relationships, finance, IT operations, workflow automation, training, and cybersecurity from a coordinated ecosystem.

Product and service17 records
1Zoho CRM
CategoryCustomer Relationship Management
Description

Comprehensive customer relationship management software for managing sales, marketing, and customer support processes.

2Zoho Books
3Zoho Mail
4Zoho Desk
5Zoho Analytics
CategoryBusiness Intelligence and Analytics
Description

Self-service business intelligence and analytics platform with AI-rich capabilities for data visualization and insights across business personas.

6Zoho Payment Gateway
CategoryPayments and Financial Technology
Description

Payment gateway solution offering B2B bill payments functionality powered by NBBL.

7ManageEngine Identity and Access Management
8ManageEngine Enterprise Service Management
9ManageEngine Unified Endpoint Management and Security
10ManageEngine IT Operations Management
11ManageEngine Security Information and Event Management
12ManageEngine Advanced IT Analytics
13ManageEngine Low-code Application Development
14Qntrl
15TrainerCentral
16Vikra
17Ulaa
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Global leader in CRM and customer experience software with a vast enterprise ecosystem. Salesforce is Zoho CRM's primary direct competitor, targeting similar enterprise and mid-market customers with overlapping sales, marketing, and service products.

TypeEmerging player
Description

Collaboration, project management, and ITSM platform with Jira Service Management competing directly against ManageEngine's ITSM products. Overlap is strongest in IT operations, issue tracking, and team collaboration.

TypeBroad incumbent
Description

Global enterprise software leader offering ERP, CRM, and business suite applications. Competes with Zoho's enterprise positioning across large organizations seeking integrated business software with deep functional capability.

TypeBroad incumbent
Description

Enterprise platform for IT service management, workflow automation, and digital operations. Direct competitor to ManageEngine's ITSM and Qntrl's orchestration offerings in large enterprise accounts where ServiceNow's scale and integrations dominate.

TypeDirect peer
Description

India-origin SaaS company offering CRM, IT service management, and HR software for SMB and mid-market. Closest comparable to Zoho by geography, suite breadth, and target customer profile, with overlapping products including Freshsales, Freshdesk, and Freshservice.

TypeDirect peer
Description

Leading CRM platform focused on inbound marketing, sales, and customer service for SMB and mid-market. Direct competitor to Zoho CRM in the mid-market segment, with comparable horizontal suite strategy and freemium go-to-market motion.

TypeEmerging player
Description

Work operating system and low-code platform for project, CRM, and workflow management. Comparable to Zoho's horizontal suite strategy with strong low-code capabilities and SMB/mid-market focus, increasingly competing with Qntrl and Zoho Creator.

TypeDirect peer
Description

Sales-focused CRM platform serving SMB and mid-market. Direct competitor to Zoho CRM in the sales pipeline management category, with a more focused product but narrower suite offering.

TypeBroad incumbent
Description

Cloud-based ERP, CRM, and financial management suite targeting mid-market and enterprise. Competes with Zoho Books, Zoho CRM, and the broader Zoho suite, particularly in finance and accounting automation use cases.

TypeBroad incumbent
Description

Microsoft's enterprise CRM and ERP suite tightly integrated with Microsoft 365 and Azure. Competes directly with Zoho's business suite across CRM, finance, and productivity, with the advantage of Microsoft's enterprise distribution and cloud ecosystem.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Zoho Corporation Private Limited

Cloud Business Applicationszohocorp.com

Zoho Corporation is a privately held, India-headquartered software company founded in 1996 that builds an integrated suite of 50+ cloud-based business applications — including CRM, finance, IT management, orchestration, analytics, and an enterprise browser — sold via SaaS subscriptions to enterprises, mid-market firms, and SMBs globally, reportedly serving 60% of Fortune 500 companies.

What Zoho Corporation Private Limited does

Zoho Corporation Private Limited is an India-headquartered, privately held software company founded in 1996 and based in Chennai, that develops a broad portfolio of cloud-based business applications under multiple sub-brands. Its core Zoho suite covers CRM, accounting (Books), email (Mail), help desk (Desk), and analytics (Zoho Analytics), while its ManageEngine division delivers IT management software spanning identity and access management, enterprise service management, endpoint management and security, IT operations management, SIEM, advanced IT analytics, and low-code application development. The company also operates Qntrl (enterprise orchestration), TrainerCentral (online learning), Vikra (India-focused ONDC e-commerce connectivity), and Ulaa (security-focused enterprise browser). The architecture is characterized by a proprietary, in-house technology stack with 50+ integrated applications designed to interoperate, reducing reliance on third-party integrations.

The company serves a wide customer base that reportedly includes 60% of Fortune 500 firms (e.g., HBO, Netflix, PayPal, Sony, L'Oréal, NEC, Mahindra, Viasat, MRV) alongside mid-market and SMB segments, with a horizontal segmentation approach spanning multiple industries. Zoho generates revenue through SaaS subscription licensing on annual and monthly plans, distributing software directly through owned digital properties including zoho.com, manageengine.com, qntrl.com, trainercentral.com, vikra.com, and ulaa.com. The company is bootstrapped and founder-led, with Co-founder and Chief Scientist Sridhar Vembu leading a senior team that includes long-tenured managers M. Saravanan, Rajesh, and Radha Vembu, and reports a workforce of 10,000+ employees. Its go-to-market combines direct-to-consumer self-service with enterprise sales capabilities, and it maintains a global footprint with stated worldwide customer reach.

Zoho Corporation Private Limited firmographics

Firmographics
Name
Zoho Corporation Private Limited
Legal name
Zoho Corporation Private Limited
Website
https://zohocorp.com
Company type
Private
Founded year
1996
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Zoho Corporation is a privately held, India-headquartered software company founded in 1996 that builds an integrated suite of 50+ cloud-based business applications — including CRM, finance, IT management, orchestration, analytics, and an enterprise browser — sold via SaaS subscriptions to enterprises, mid-market firms, and SMBs globally, reportedly serving 60% of Fortune 500 companies.
Ownership category
akta.pro rank

Zoho Corporation Private Limited industry classification

Industry
Product category
Cloud Business Applications
NAICS
Software Publishers (5132)
SIC
Services-Computer Programming Services (7371)
akta.pro primary industry
Customer Success & Account Management CRM (HDAEAFAD)
akta.pro secondary industries
B2B SaaS & Enterprise Personalization (CRM, Sales, Support) (HDAAAGAJ), Enterprise Application Lifecycle Management (ALM) Platforms (HDAEAKAJ)

Keywords

  • Cloud business software
  • CRM platform
  • IT management
  • Enterprise orchestration
  • Business applications suite

Where Zoho Corporation Private Limited is headquartered

Location

Headquarters

HQ city
Chennai
HQ country
India
HQ region
Asia

Offices1 record

Markets served

Zoho Corporation Private Limited business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

  1. SaaS Subscriptions: Zoho generates revenue primarily through Software-as-a-Service (SaaS) subscription licensing for its comprehensive suite of business applications including CRM, Books, Mail, Desk, and the broader Zoho product ecosystem. Annual and monthly subscription plans are offered across different tiers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Zoho Corporation Private Limited product offering

Product offering

Core offering

Zoho Corporation develops and sells cloud-based business software spanning customer relationship management, accounting, business email, helpdesk, IT management, enterprise orchestration, online learning, payment processing, and a security-focused business browser. The company offers an integrated suite of more than 50 in-house business applications sold primarily as SaaS subscriptions through its owned websites including zoho.com and manageengine.com.

Product overview

Zoho Corporation offers a unified platform-plus-modules architecture consisting of multiple integrated business software products. The core Zoho suite includes CRM, Books (accounting), Mail (email), and Desk (help desk), which handle fundamental business operations. The ManageEngine sub-brand provides comprehensive IT management solutions covering identity/access management, enterprise service management, unified endpoint management and security, IT operations management, SIEM, analytics, and low-code development. Additional products include Qntrl (enterprise orchestration and process automation), TrainerCentral (online learning platform), Vikra (ONDC Network e-commerce integration for India), and Ulaa (security-focused business browser). This portfolio enables businesses to manage customer relationships, finance, IT operations, workflow automation, training, and cybersecurity from a coordinated ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

  • Zoho: Comprehensive suite of business software including CRM, Books, Mail, and Desk products
  • ManageEngine
  • Qntrl
  • TrainerCentral
  • Ulaa

Products and services

  • Zoho CRM Comprehensive customer relationship management software for managing sales, marketing, and customer support processes.
  • Zoho Books
  • Zoho Mail
  • Zoho Desk
  • Zoho Analytics Self-service business intelligence and analytics platform with AI-rich capabilities for data visualization and insights across business personas.
  • Zoho Payment Gateway Payment gateway solution offering B2B bill payments functionality powered by NBBL.
  • ManageEngine Identity and Access Management
  • ManageEngine Enterprise Service Management
  • ManageEngine Unified Endpoint Management and Security
  • ManageEngine IT Operations Management
  • ManageEngine Security Information and Event Management
  • ManageEngine Advanced IT Analytics
  • ManageEngine Low-code Application Development
  • Qntrl
  • TrainerCentral
  • Vikra
  • Ulaa

Companies that use Zoho Corporation Private Limited

Customer profile

Named customers9 records

Segments1 record

Ideal customer profiles2 records

Zoho Corporation Private Limited technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Zoho Corporation Private Limited partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Zoho Corporation Private Limited competitors and assessment

Company assessment

Direct peers

  • Salesforce: Global leader in CRM and customer experience software with a vast enterprise ecosystem. Salesforce is Zoho CRM's primary direct competitor, targeting similar enterprise and mid-market customers with overlapping sales, marketing, and service products.
  • Freshworks: India-origin SaaS company offering CRM, IT service management, and HR software for SMB and mid-market. Closest comparable to Zoho by geography, suite breadth, and target customer profile, with overlapping products including Freshsales, Freshdesk, and Freshservice.
  • HubSpot: Leading CRM platform focused on inbound marketing, sales, and customer service for SMB and mid-market. Direct competitor to Zoho CRM in the mid-market segment, with comparable horizontal suite strategy and freemium go-to-market motion.
  • Pipedrive: Sales-focused CRM platform serving SMB and mid-market. Direct competitor to Zoho CRM in the sales pipeline management category, with a more focused product but narrower suite offering.

Emerging players

  • Atlassian: Collaboration, project management, and ITSM platform with Jira Service Management competing directly against ManageEngine's ITSM products. Overlap is strongest in IT operations, issue tracking, and team collaboration.
  • monday.com: Work operating system and low-code platform for project, CRM, and workflow management. Comparable to Zoho's horizontal suite strategy with strong low-code capabilities and SMB/mid-market focus, increasingly competing with Qntrl and Zoho Creator.

Broad incumbents

  • SAP: Global enterprise software leader offering ERP, CRM, and business suite applications. Competes with Zoho's enterprise positioning across large organizations seeking integrated business software with deep functional capability.
  • ServiceNow: Enterprise platform for IT service management, workflow automation, and digital operations. Direct competitor to ManageEngine's ITSM and Qntrl's orchestration offerings in large enterprise accounts where ServiceNow's scale and integrations dominate.
  • Oracle NetSuite: Cloud-based ERP, CRM, and financial management suite targeting mid-market and enterprise. Competes with Zoho Books, Zoho CRM, and the broader Zoho suite, particularly in finance and accounting automation use cases.
  • Microsoft Dynamics 365: Microsoft's enterprise CRM and ERP suite tightly integrated with Microsoft 365 and Azure. Competes directly with Zoho's business suite across CRM, finance, and productivity, with the advantage of Microsoft's enterprise distribution and cloud ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Zoho Corporation Private Limited social profiles

Digital presence

Zoho Corporation Private Limited financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Zoho Corporation Private Limited leadership team

Management profile

Number of profiles

Profiles4 records

Zoho Corporation Private Limited subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Zoho Corporation Private Limited funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Zoho Corporation Private Limited M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zoho Corporation Private Limited

What does Zoho Corporation Private Limited do?

Zoho Corporation develops and sells cloud-based business software spanning customer relationship management, accounting, business email, helpdesk, IT management, enterprise orchestration, online learning, payment processing, and a security-focused business browser. The company offers an integrated suite of more than 50 in-house business applications sold primarily as SaaS subscriptions through its owned websites including zoho.com and manageengine.com.

Is Zoho Corporation Private Limited a public or private company?

Zoho Corporation Private Limited is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Zoho Corporation Private Limited founded?

Zoho Corporation Private Limited was founded in 1996. It employs 5,001 to 10,000 people.

Where is Zoho Corporation Private Limited based?

Zoho Corporation Private Limited is headquartered in Chennai, India, in the Asia region.

How does Zoho Corporation Private Limited make money?

One revenue line is on record: saaS Subscriptions.

Who are Zoho Corporation Private Limited's main competitors?

Direct peers on record are Salesforce, Freshworks, HubSpot and Pipedrive. Emerging players are Atlassian and monday.com. Broad incumbents are SAP, ServiceNow, Oracle NetSuite and Microsoft Dynamics 365.

Does Zoho Corporation Private Limited have an API?

No public API is recorded for Zoho Corporation Private Limited.

What industry is Zoho Corporation Private Limited in?

Zoho Corporation Private Limited's product category is Cloud Business Applications. Its primary akta.pro industry code is HDAEAFAD, Customer Success & Account Management CRM, with a secondary code of HDAAAGAJ, B2B SaaS & Enterprise Personalization (CRM, Sales, Support). Its NAICS code is 5132 and its SIC code is 7371.

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Live signals
TechnologymagazineTop 10: Low-Code PlatformsThe article profiles 10 low-code platforms, ranking Appian first for AI automation and process orchestration. It highlights Zoho Creator's 7 million applications and Softr's AI app builder for over one million builders. The platforms collectively enable faster, AI-driven software deployment for enterprises.TrendOpenAI, Zoom and Zoho register for tax purposes in AzerbaijanZoho Corporation B.V., Zoom Communications, Inc. and OpenAI OpCo, LLC have been registered for value-added tax purposes in Azerbaijan through the State Tax Service's electronic portal, with registrations effective September 1, 2026. The move follows amendments requiring nonresident digital service providers with Azerbaijan turnover over $10,000 to register electronically, and registered providers will independently calculate, declare and pay VAT without bank withholding.AIMultiple: High Tech Use Cases & Tools to Grow Your BusinessCompare 15 AI Help Desk ToolsA comparison of 15 AI help desk tools covers features, pricing, and ratings, including NinjaOne, Zendesk, Zoho Desk, and Salesforce Service Cloud. The tools offer AI chatbots, automated ticket routing, and sentiment analysis, with starting prices from $9 to $55 per agent per month. The article also highlights benefits like 24/7 support and improved customer satisfaction.The Times of IndiaCISOs face emerging security blind spots as AI reshapes identity and contract workflowsETCISO and Zoho Sign are hosting a webinar on August 20 to address security risks at the intersection of artificial intelligence, identity governance, and contract management. The session will feature industry leaders from Zoho Corporation, Nestlé, and Central Park to discuss how AI-driven automation creates vulnerabilities in access control and digital workflows.The Times of India'I find them in Gen-Z': Sridhar Vembu shares how three Gen-Z Zoho employees challenged popular assumptions with their sacrifice and simplicityZoho Corporation founder and CEO Sridhar Vembu shared on social media his perspective that generational labels are not meaningful, illustrating his point with examples of three young Zoho employees who demonstrated financial prudence and family responsibility. A 19-year-old employee prioritizes saving every rupee to help her parents repay loans and support younger siblings, while two 25-year-old employees chose to have simple weddings following Vembu's advice. Vembu argued that values such as frugality and responsibility are timeless and not confined to any particular generation.The Times of IndiaThey are Gen Z too: Sridhar Vembu praises two employees for working hard, saving money amid ongoing debate over youth protestsSridhar Vembu, founder and CEO of Zoho Corporation, publicly praised two employees for their hard work and financial discipline, sharing stories of a 19-year-old who prioritizes saving money to support her family and employees who chose simple weddings. A Redseer Strategy Consultants report cited in the article projects that Gen Z will comprise 27% of India's population and command $1.3 trillion in consumption by 2030, with this demographic prioritizing value-driven choices and accounting for nearly $19 billion of India's beauty and personal care market.TimesNowZoho's Sridhar Vembu Warns AI Is Replacing Jobs Faster Than Companies Can Create ThemSridhar Vembu, co-founder and chief scientist of Zoho Corporation, has warned that artificial intelligence is reshaping hiring patterns in India's IT sector, with companies redirecting budgets previously earmarked for recruiting fresh talent toward AI infrastructure and data centre costs. Vembu argues that while AI accelerates software development, it is not automatically generating proportional demand or employment opportunities, raising concerns about whether India's economy can produce enough jobs for its growing young population. He also questioned whether faster development cycles and crowded software markets will translate into greater hiring, noting that enterprise customers and AI companies are simultaneously redirecting technology spending toward AI without certainty of future returns.The Times of IndiaIT industry not creating new jobs, funds diverted to AI, data centre costs: Sridhar Vembu - The Economic TimesZoho Corporation Founder and Chief Scientist Sridhar Vembu stated on social media that the IT industry is not creating new jobs as companies redirect funds toward rising costs of artificial intelligence and data centre infrastructure. He noted that money previously earmarked for hiring new employees is now being consumed by server, memory, and AI-related capital expenditure, with enterprise customers similarly shifting their IT spending toward AI. Vembu expressed doubt that AI companies will achieve the massive profits needed to justify their heavy capex spending and suggested that Universal Basic Income measures may face increasing political pressure in India as the challenge of employing youth persists.iTWireZoho Corporation Reinforces Commitment to Australia and New Zealand with New OfficeZoho Corporation announced the opening of its new office in Parramatta, Sydney, marking a significant expansion of its presence in the Australia and New Zealand (ANZ) region since first establishing local operations in 2019. The company's ANZ business reported strong growth metrics including 30% year-over-year customer growth, 44% in channel partners, 42% in local headcount, and 9% revenue growth, while also hiring its first employees in New Zealand. ManageEngine, Zoho's enterprise IT management division, reported 15% YoY growth and 40% cloud growth YoY, and is establishing a Sydney presence to strengthen proximity to major enterprise customers.GartnerServiceDesk Plus Reviews & Ratings 2026ManageEngine, the enterprise IT management division of Zoho Corp., markets ServiceDesk Plus as an IT service management software designed to streamline incident management, asset tracking, and change processes. User reviews highlight the platform's configurability and stability, while noting discrepancies between cloud and on-premises feature sets and initial setup complexities.