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India needs tech companies that have $100B in revenue, not valuation: Zoho’s Sridhar Vembu

  • Sridhar Vembu, CEO of Zoho Corporation, emphasizes the need for Indian tech companies to focus on achieving $100 billion in revenue, rather than valuation.
  • Vembu believes that India requires such companies to drive economic upliftment, citing the success of Chinese tech firms over the past two decades.
  • He warns against excessive focus on valuation, stating that visionary entrepreneurs who balance long-term vision while maintaining short-term revenue growth are needed to achieve the $100 billion goal.
  • Vembu also cautions against stock bubbles and easy funding, which can distract companies from sustainable growth.

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