Zoho founder Sridhar Vembu contributes INR 25 Cr to PM-CARES Fund for COVID-19

Zoho founder Sridhar Vembu donates INR 25 Crore for Coronavirus relief
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The founder of India’s software behemoth Zoho Corp, Sridhar Vembu has reportedly donated INR 24 crore to PM-CARES Fund for Coronavirus relief. The announcement came yesterday via Vembu’s Tweet in which he acclaimed that the donation was possible because of the capital built by Zoho’s employees.

Prior to the donation, Vembu tweeted that financial metrics are not of any success when it comes to suppress and fight crisis like COVID-19.

He also thanked the central government, state government of India, the police, health workers and civil servants for their efforts against the Coronavirus outbreak in response to his tweet.

Zoho on March 17 filed a lawsuit against SaaS giant Freshworks for ‘Trade Secret Misappropriation’. The case is on the desk of the US District Court Northern District of California accusing Freshworks for violating the Defense of Trade Secrets Act; the California Uniform Trade Secrets Act; the International Interference with Prospective Economic Relations; Conversion and Unjust Enrichment.

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Pradeep Singh

Former CTO & Co-founder at LAFFAZ. A full-stack developer, possessing 6+ years of experience in working closely with tech startups in India and UAE.

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