Vembu Tech Tycoon Thanks NSA Doval For NSAB Appointment

CIOReviewIndia Team | Wednesday, 03 February 2021, 09:40 IST

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The Chief Executive Officer (CEO) of software development firm Zoho Corporation, the Tech Tycoon Sridhar Vembu, who is one of the Padma Shri awardees announced by the Indian Government, on February third, 2021, thanked the National Security Advisor (NSA) Ajit Doval for his appointment to the National Security Advisory Board (NSAB).

Vembu twitted – “I want to thank Shri Ajit Dovalji for appointing me to the National Security Advisory Board (NSAB). I returned to India to serve the cause of technology-led rural development and this advisory role affords me another opportunity to be of service to the nation.”

This development is after a week after Vembu was among the people who were listed for Padma Shri awardees this year on the Republic Day occasion.

Vembu, on the Zoho corporation website, said, “We are a tech company with the state-of-the-art technology with the traditional approach to company development.”

According to Zoho’s website, the company has 60 million users located in different parts of the world, which include famous names like Whirlpool, Fossil, Rogers, Levi’s, Philips, Ola, Xiaomi, Renault, Netflix, Mahindra, L’Oreal, Nike, Sony, Apple, IIFL, Daimler, Sodexo, and Zomato, and others.

As per the 2020 Forbes report, Vembu is among the 59 richest persons in India.

Presently in his early 50s, Vembu founded ‘AdventNet’ in 1996 for the development of software products during the IT services rage.

In 2009, he renamed the company ‘Zoho Corpo’ for reflecting the transition from a software company serving network equipment vendors to an innovative online applications provider.

Vembu, who is a Silicon Valley star, is valued by Forbes at nearly $2.5 billion, shifted to a small village in Tenkasi in the southern part of the country, Tamil Nadu, in October last year.

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