Sridhar Vembu steps down as Zoho's CEO; assumes the role of chief scientist

In his new role, Sridhar Vembu will focus research and innovation, especially in artificial intelligence and deep tech.

By  Storyboard18Jan 27, 2025 5:59 PM
Sridhar Vembu steps down as Zoho's CEO; assumes the role of chief scientist
Sridhar Vembu, who is regarded as one of the country's most influential tech entrepreneur, played a crucial role in shaping Zoho into a bootstrapped firm with over 80 million users worldwide, further added the MC report. (Image Source: Moneycontrol)

Sridhar Vembu, technology company Zoho Corporation's founder and chief executive officer, has stepped down from his position, as reported by Moneycontrol. He will now take up the position of chief scientist, and will concentrate his energy in the areas of artificial intelligence and deep tech.

Taking to X, Vembu wrote, "In view of the various challenges and opportunities facing us, including recent major developments in AI, it has been decided that it is best that I should focus full time on R&D initiatives, along with pursuing my personal rural development mission."

The note further stated, "I will step down as CEO of Zoho Corp and take a new role as Chief Scientist, responsible for deep R&D initiatives. Our co-founder Shailesh Kumar Davey will serve as our new group CEO. Our co-founder Tony Thomas will lead Zoho US. Rajesh Ganesan will lead our ManageEngine division and Mani Vembu will lead the http://Zoho.com division.

Vembu, who is regarded as one of the country's most influential tech entrepreneur, played a crucial role in shaping Zoho into a bootstrapped firm with over 80 million users worldwide, further added the MC report.

First Published on Jan 27, 2025 5:48 PM

More from Storyboard18

Brand Makers

Bookstrapping: Reading and its positive effects on mental health

Bookstrapping: Reading and its positive effects on mental health

Brand Makers

Delhi HC directs Baba Ramdev to refrain from using communal slurs in Rooh Afza controversy

Delhi HC directs Baba Ramdev to refrain from using communal slurs in Rooh Afza controversy

Brand Makers

YouTube is a core part of India’s advertising ecosystem: Ajay Vidyasagar of YouTube

YouTube is a core part of India’s advertising ecosystem: Ajay Vidyasagar of YouTube

Brand Makers

HDFC Life elevates Pritika Shah to EVP and head of marketing & CSR

HDFC Life elevates Pritika Shah to EVP and head of marketing & CSR

Brand Makers

This new executive role could decide the future of your company

This new executive role could decide the future of your company

Brand Makers

Sanjay Khanna takes over as Chairman and MD of BPCL

Sanjay Khanna takes over as Chairman and MD of BPCL

Brand Makers

Tata Motors EV sales witness 16% drop in April YoY, PVs sales down by 5%

Tata Motors EV sales witness 16% drop in April YoY, PVs sales down by 5%

Brand Makers

WAVES 2025: India's global entertainment summit aims to chart a $50 billion future

WAVES 2025: India's global entertainment summit aims to chart a $50 billion future