Zoho built capabilities steadily to reach $1 billion in revenue: CEO

Amid the economic slowdown, Chennai-based global technology company Zoho Corporation on Tuesday announced it has reached $1 billion in annual revenue, riding on its diversified product portfolio.

Sridhar Vembu, CEO and Co-founder, Zoho, told IANS that no one has built a billion-dollar product company in India.

“We built one product, a modest product and we got some modest profit. We invested in building more capabilities steadily. Even our own people would not have believed years ago that we could build all this. That is the journey of building steadily,” said a humbled Vembu.