Brief by Shorts91NewsDesk / 12:56pm on 16 Feb 2025,Sunday Business
Zoho founder Sridhar Vembu has stepped down as CEO to focus on research and development, appointing co-founder Shailesh Kumar Davey as the new group CEO. Vembu emphasized the need for Indian tech companies to prioritize sustainable growth over short-term valuations, aiming for $100 billion in revenue to drive economic progress. He also advocated for India's self-reliance across various sectors, warning against over-specialization. Additionally, Vembu called for stricter safety measures in adventure sports following the tragic death of a young entrepreneur in a paragliding accident.
