Updated News Around the World

‘Richest self-made woman’ Radha Vembu’s Zoho stake is mired in a multi-billion-dollar divorce fight

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

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsUpdate is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.