Radha Vembu, product manager, Zoho Mail; credit: Illustration by Muhabit ul haq
Synopsis
A messy divorce case, ownership stake, and accusations of unscrupulous transactions are in play at Zoho Corp, one of India’s successful SaaS companies. Pramila Srinivasan, Zoho CEO Sridhar Vembu’s wife, has alleged that Vembu gave Zoho’s shares for “token amounts” to his siblings. One of them is Radha Vembu, who owns nearly half of Zoho, valued around USD5 billion-USD 6 billion.
Annual rich lists, by publications like Forbes and Hurun, promise a steady stream of news for newsrooms in India and several other countries. Listicles, in-depth interviews, podcasts and how the richest spend their money, make for a week (or more) of news content for media outlets. But this year’s rich list by Hurun India had a special name. Hurun India, a research, luxury publishing and events group, named Zoho’s Radha Vembu as India’s ‘richest
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