Sridhar Vembu rejects IPO pressure after Arattai’s rise: ‘Zoho can’t face quarter-to-quarter stress’
Zoho Corporation founder and CEO Sridhar Vembu has firmly dismissed growing calls to take the company public, citing the corrosive impact of quarterly earnings pressure on long-term innovation. The statement comes amid a surge in popularity of Zoho’s privacy-first messaging app Arattai, which recently crossed 50 million downloads, sparking renewed investor interest and speculation about…