Zoho Corporation, a global software-as-a-service company, today announced that it is now serving 100 million users across its 55+ business applications. This makes the tech company stand out in the SaaS industry, being the first bootstrapped organisation to achieve such a feat. This milestone comes on the heels of its amazing $1 billion yearly revenue, showcasing the company's tremendous expansion in the tech industry.
Sridhar Vembu, the Co-founder and CEO of Zoho Corp, thanked the company’s loyal customers for their trust and support in achieving a significant milestone. He emphasised Zoho’s dedication to innovation and its ambitious aim to serve billions of users worldwide.
Zoho Corp’s impressive journey started in 2008 with just 1 million users. Fast forward to 2023, they now have a staggering 100 million users. What’s truly remarkable is that 50 million of those users joined within the last five years. This growth showcases Zoho’s dedication to innovation and its ability to adapt to the changing needs of businesses and users worldwide.
Zoho Corp’s global reach extends to more than 150 countries, providing invaluable solutions to over 700,000 customers across the world. This impressive presence underscores the trust and confidence that businesses place in Zoho’s suite of applications to streamline their operations, enhance productivity, and drive growth.
One of Zoho’s key strengths lies in its dedication to providing accessible and affordable software solutions. The company offers flexible pricing plans and a wide range of options tailored to suit the diverse requirements of businesses. This inclusivity ensures that organisations of all sizes, from startups to enterprises, can harness the power of Zoho’s robust software tools.
The company has achieved its remarkable success without external funding, allowing it to preserve its long-term vision and corporate culture without external pressure or influence. This approach keeps Zoho centered on its core values, including debt-free growth and a focus on serving customers at a local level.
Zoho Corp’s global expansion doesn’t stop at reaching 100 million users. The company continues to invest strategically in key markets, reinforcing its commitment to serving businesses around the world. In February, Zoho announced a substantial investment of AED 100 million (approximately USD 27 million) to establish a new technology hub and data center. This investment also aims to hire local talent and develop localised versions of its software products.
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