Padma Awardee Sridhar Vembu Bucks The Trend, Helps Craft World Class Software From Indiaâs Rural Reaches  Â
by Anand Parthasarathy - Jan 27, 2021 03:12 PM
Sridhar Vembu (Twitter)
Snapshot
Zoho tapped into the latent talent of rural and agricultural area as Vembu believed that talent in India is not the exclusive preserve of metros.
The only technocrat to be honoured in this yearâs Padma awards is Sridhar Vembu, founder and chief executive officer of the Chennai-headquartered Zoho Corporation, whose office productivity tools are taking on global brands like Salesforce and Microsoft in their own markets.
Vembuâs Padma Shri Award is a recognition, at last, of the quiet contribution that his company, almost a quarter century old, has made, to create a truly Indian brand in the fiercely competitive global market in office productivity software.
Ludhiana: Eighty-year-old pioneering entrepreneur from Ludhiana, Rajni Bector has been conferred with Padma Shri for her contribution to trade and ind.
Padma Awards 2021: Zoho Founder Sridhar Vembu conferred Padma Shri
According to Forbes, he is the 59th richest Indian in the world with a net worth of USD 2.5 billion as of 2020. (Image: Twitter/svembu)
Updated: Jan 26, 2021, 08:46 AM IST
Sridhar Vembu, founder and CEO of software development firm Zoho Corporation has been awarded India s fourth-highest civilian honour, the Padma Shri, by the Indian Union government on Monday. According to Forbes, he is the 59th richest Indian in the world with a net worth of USD 2.5 billion as of 2020.
Vembu, along with his two brothers founded a software development house for network equipment providers in 1996 called AdventNet, which was renamed Zoho Corporation in 2009, focusing on providing Software-as-a-Service (SaaS) support to customer relationship management services.
Ludhiana, January 25
From an unknown name to a name that counts today. Thus reads the success story of an octogenarian Ludhiana businesswoman, Rajni Bector, who rose from her backyard business with a paltry investment of Rs 300 to successfully raising a whooping Rs 541 crore from the market, and become an undisputed business tycoon.
The IPO of her company Mrs Bector s Food Specialities having made history by getting oversubscribed 198 times and listing at 74 per cent premium on the offer price, is fast becoming the buzz word in the business world. Unfortunately on this day three years ago she lost her husband, Dharam Vir Bector.
UPL Chief Shroff, 4 others get Padma awards for trade and industry daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.