October 13, 2022
1 min read

Zoho sees 64% growth in India

The key sectors contributing to the growth are IT and professional services, BFSI, retail and wholesale, education, and real estate and construction, according to the company….reports Asian Lite News

Zoho Corporation on Wednesday said that its integrated platform Zoho One now supports 50,000 organisations across more than 160 countries and in India, Zoho One has seen 64 per cent growth in the last two years.

In India, over 45 per cent of the demand was driven by tier 2 and tier 3 cities, indicating the increase in digitisation of businesses in non-metros.

The key sectors contributing to the growth are IT and professional services, BFSI, retail and wholesale, education, and real estate and construction, according to the company.

“Siloed systems cause business silos. An integrated organisation, therefore, is typically a reflection of integrated systems underneath. This is what we see with our own customers,” said Hariharan Muralimanohar, Head of Marketing, Zoho One.

Nearly half of Zoho One customers use 20 or more apps across functions, integrating their organisation and reporting higher returns.

Over the past two years, the platform has grown 150 per cent, with 37.5 per cent of new Zoho One customers coming from mid-market and enterprise businesses.

According to the company, license upgrades by customers who adopted Zoho One five years ago have increased 92 per cent.

Launched in 2017 as a first-of-its-kind suite including 35 integrated applications, Zoho One is the operating system for business – a comprehensive, scalable platform comprised of 45 unified applications along with end-to-end services from sales and marketing to finance, HR, and analytics.

Zoho One pricing starts at Rs 1,800 per employee per month, billed annually, said the company.

Customers like IIFL, Meril Life Sciences, Tata Play Fiber, FynDNA TechCorp, and Fyers have added more licenses and increased the usage of apps and services.

Headquartered in Chennai, Zoho is profitable with over 11,000 employees.

ALSO READ: iPhone 14 Pro a good bet for India’s creator economy

Previous Story

Google Cloud unveils new plans for metaverse

Next Story

‘Rural demand in India all set to rebound’

Latest from Business

Apple Appoints Sabih Khan as New COO

Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year…reports Asian Lite News Apple has announced that Sabih Khan, an

Microsoft Cuts Deep

The fresh job cuts come less than two months after Microsoft announced it was laying off more than 6,000 employees…reports Asian Lite News Microsoft is set to cut around 9,000 jobs —

Northeast Is Growth Engine

Scindia also provided updates on the government’s efforts to facilitate the entry of SpaceX’s Starlink service into India. “All due diligence from the Ministry’s side is complete Union Minister for Communications and

India to Empower Global South

India is emerging as a pivotal force in the global transition to clean energy, with Union Minister for New and Renewable Energy, Pralhad Joshi, asserting that the country is empowering the Global

Maruti’s Global Push Breaks Record

June shipments hit 37,842 units, signalling robust global demand Maruti Suzuki India recorded its highest-ever monthly exports in June, shipping 37,842 units and marking a new milestone that highlights the company’s expanding
Go toTop

Don't Miss

Indian CEOs Meet UAE Officials to Strengthen Bilateral Ties

The year of celebrations will start on 23 April 2025,

US and India: A timely collaboration on AI

It goes to the credit of Prime Minister Modi, who