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Zoho Corporation is a leading Indian SaaS provider offering a comprehensive suite of cloud-based software for businesses. Founded by Sridhar Vembu, Zoho is a rare bootstrapped unicorn that has achieved global recognition without raising venture capital. Headquartered in Chennai, the company has earned acclaim for building robust, privacy-focused tools across productivity, finance, sales, and operations, servin...
| Founding Year | 1996 |
|---|---|
| Headquarters | Chennai, India |
| Valuation | Not disclosed |
| Total Funding | Bootstrapped |
| Users | 100M+ |
| Employees | 15,000 |
| Revenue FY23 | ₹8,703 Cr |
| Net Profit (PAT) | ₹2,749 Cr |
| EBITDA Margin | 40.7% |
| ROCE | 57% |
Zoho remains a bootstrapped company and has not raised any external funding through venture capital or private equity rounds.
Zoho's financial trajectory has demonstrated consistent growth, with revenue increasing from ₹5,050 Cr in FY21 to ₹8,703 Cr in FY23. Net profit also rose significantly, reflecting the company’s operational efficiency and strong cash flow management.
With an EBITDA margin rising from 37.1% in FY21 to 40.7% in FY23, Zoho continues to operate with exceptional profitability. Expense per revenue has declined proportionally, indicating better cost management and economies of scale.
Zoho has steadily expanded its workforce from 10,000 in FY21 to approximately 15,000 in FY23. This reflects its growing global footprint and increased demand for enterprise software solutions.
Zoho recently announced the launch of new privacy-focused AI tools and continues expanding its presence across rural India with its 'Transnational Localism' model. The company also opened new global offices to support regional growth.
| Metric | Details |
|---|---|
| Employees | 15,000 – steady expansion with rural talent hubs |
| Revenue | ₹8,703 Cr – strong YoY growth |
| PAT | ₹2,749 Cr – highly profitable |
| EBITDA Margin | 40.7% – efficient cost structure |
| Strategic Investments | AI, rural outreach, datacenter capacity |
| IPO Status | No IPO planned; bootstrapped strategy |
| Expansion Focus | Global & Tier-2 India |
| Latest News | Launched AI tools; international expansion |
Zoho’s rise as a bootstrapped SaaS powerhouse is both remarkable and instructive. Through disciplined operations, a customer-first philosophy, and cutting-edge tech innovation, Zoho has carved a niche as India’s most self-sustaining tech success story. Its future growth appears strong given its profitability, talent model, and international momentum.
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