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.