Zoho Corporation, a global technology company, has announced that it is serving 100 million users across its over 55 business applications. Zoho is the first bootstrapped SaaS company to reach this milestone. The growth comes on the heels of the company reaching $1 billion in annual revenue last year.
Consistently providing accessible technology while promoting sustainable growth, Zoho has steadily increased its traction from 1 million users in 2008 to 100 million 15 years later – with the last 50 million users added within the past five years. Zoho is profoundly grateful for the enduring support of its more than 700,000 customers in over 50 countries.
Zoho has grown steadily and responsibly, without ever taking external funding. This allows the company to preserve its long-term vision and culture without outside pressure or influence. It’s also what keeps the company centered on its values, such as debt-free growth and serving customers closer to where they are – a product of the company’s transnational localism efforts.
“I want to thank all of our customers for trusting us with their business and helping us reach 100 million users worldwide,” said Sridhar Vembu, the co-founder and CEO of Zoho Corp. “This is an impressive milestone for any organisation, but it’s particularly sweet for us as a bootstrapped company that has never raised external capital. And we are not done yet. We have an impressive innovation pipeline covering the next 10 years, investing in deep technologies to serve billions of users around the world. We’re working towards it, and we want to thank all of you for your continued support.”
After completing 13 Zoholics (user conference) in the first half of the year, which included Zoholics Kenya, the company will host 18 Zoholics across 16 countries in the next 8 weeks, totaling 31 user events across 27 countries in 2023. In Africa, Zoho will host Zoholics Egypt in October and Zoholics Nigeria is set to take place in November. Zoholics South Africa was held in August in Johannesburg, Durban, and Cape Town. Zoholics is transnational localism in action. Zoho has always believed that being close to customers allows the company to build useful, trusted, customer-focused solutions.
Zoho owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 100 million users around the world, across hundreds of thousands of companies, rely on Zoho everyday to run their businesses, including Zoho itself.
With over 55 apps in nearly every major business category, Zoho Corporation is one of the world’s most prolific technology companies. Headquartered in Chennai, India, Zoho is privately held and profitable with more than 15,000 employees.
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