Zoho CEO Mani Vembu on Ashwini Vaishnaw's Endorsement, AI Bets, and Why No IPO | Made In India

CNBC-TV18 October 7, 2025
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From bootstrapping to billion-dollar revenues and a footprint across 100+ countries, Zoho has built a global SaaS powerhouse while staying rooted in India. At the company’s Chennai Headquarters, Shereen Bhan sits down with Mani Vembu - the man who joined Zoho at 20, helped shape its journey for nearly three decades, and took over as CEO earlier this year. They discuss the IT Minister’s ‘Swadeshi switch’ to Zoho, the company’s unique transnational-local model, its AI bets with Zia LLM, why Zoho refuses to go public, and how R&D for them also means Rural & Development! Find out why Zoho is betting on a 20–30 year horizon and how its ultimate ambition is to build world-class products while transforming local communities. This is Zoho’s India-to-the-world story! #Zoho #ManiVembu #SwadeshiTech #ITMinister #AshwiniVaishnaw #DigitalIndia #CloudComputing #TransnationalLocalism #IndianStartups #Innovation #MadeInIndia #Entrepreneurship#CNBCTV18 #BusinessNewsLive #MarketNews #CNBC 🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf --------------------------------------------------------------------------------------------------------------------- 👑 Check Out Top CNBC TV18 Playlist Videos: 🔹Young Turks Reloaded with Shereen Bhan: https://www.youtube.com/playlist?list=PLjq9mRS1PfGAeBW0FxoO8D2cbKx8YPKAZ 🔹CNBC TV18 Global Lens: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCYyCtl4KQ36OpAf5FL_s9g 🔹 World News: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDHHT6b309VWbeVIxjc73r0 🔹CNBC TV18 Classic Interviews: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDmfXVg7XEQngsCY9RoS-fv 🔹Overdrive Show: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCnSVjfbWfNCJLrv-CqfGmH 🔹Startup Streets: https://www.youtube.com/playlist?list=PLjq9mRS1PfGD3CzrtMr_VJRbIly6sfyFI ------------------------------------------------------------------------------------ You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ Like us on Facebook: https://www.facebook.com/cnbctv18india/ Follow us on Twitter: https://twitter.com/CNBCTV18News Follow us on Instagram: https://www.instagram.com/cnbctv18india/ Catch us on: Linkedin: https://in.linkedin.com/company/cnbc-tv18 n18oc_business About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.

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