I used my income so he could focus on Zoho, now he says I own just 5% of it: Vembu’s wife
The world of technology and entrepreneurship is often filled with rags-to-riches stories of individuals who have overcome incredible odds to achieve success. However, behind every successful entrepreneur, there is often a supportive partner who has made significant sacrifices to help them achieve their goals. This is the story of Pramila Srinivasan, the wife of billionaire Sridhar Vembu, the founder of Zoho, a cloud-based software company.
Srinivasan recently made headlines when she revealed that she had used her income to support her husband’s entrepreneurial endeavors, allowing him to focus on building Zoho after he quit his job. However, in a shocking turn of events, Vembu claimed that he owns only 5% of the company, leaving his wife stunned and feeling betrayed. As it turns out, Vembu’s sister, Radha, is the largest shareholder of Zoho, with a whopping 47.8% stake in the company.
The story of Srinivasan and Vembu’s marriage is one of love, support, and sacrifice. The couple met and fell in love, and Srinivasan, being the supportive partner she is, encouraged Vembu to pursue his entrepreneurial dreams. When Vembu decided to quit his job to focus on building Zoho, Srinivasan used her income to support the family, allowing Vembu to devote all his time and energy to the company.
“I felt shocked to learn only after he filed for divorce that he claimed to own just 5% of the company he’d spent our marriage building,” Srinivasan said in a recent interview. “I had no idea that my husband’s sister, Radha, was the largest shareholder of the company. I thought we were in this together, as a team, building a successful business and a life.”
As the news of Vembu’s divorce and the subsequent revelation about the ownership structure of Zoho came to light, Srinivasan was left feeling stunned, betrayed, and confused. She had sacrificed so much to support her husband’s dreams, and now she was being told that she had no significant stake in the company.
The story of Srinivasan and Vembu’s divorce is a complex one, with many twists and turns. However, one thing is clear: Srinivasan’s contributions to the success of Zoho cannot be overstated. She was the rock that supported Vembu during the company’s early days, allowing him to focus on building the business.
As the divorce proceedings continue, Srinivasan is fighting for her rightful share of the company. She believes that she deserves a significant stake in Zoho, given her contributions to the company’s success. However, Vembu’s claim that he owns only 5% of the company has raised many questions about the ownership structure of Zoho and the role of his sister, Radha, in the company.
The case has also raised questions about the role of women in entrepreneurship and the sacrifices they make to support their partners. Srinivasan’s story is a testament to the often-overlooked contributions of women in building successful businesses. Her sacrifice and dedication to her husband’s dreams are a reminder that behind every successful entrepreneur, there is often a supportive partner who has made significant sacrifices to help them achieve their goals.
As the world of technology and entrepreneurship continues to evolve, it is essential to recognize the contributions of women like Srinivasan, who have played a crucial role in building successful businesses. Their stories are a reminder that entrepreneurship is often a team effort, and that the sacrifices made by supportive partners should not be overlooked or undervalued.
In conclusion, the story of Srinivasan and Vembu’s divorce is a complex one, with many twists and turns. However, one thing is clear: Srinivasan’s contributions to the success of Zoho cannot be overstated. She deserves a significant stake in the company, given her contributions to its success. As the divorce proceedings continue, it is essential to recognize the role of women in entrepreneurship and the sacrifices they make to support their partners.
Read more about this story at: https://www.thenewsminute.com/news/exclusive-us-court-orders-sridhar-vembu-to-post-17-billion-bond-in-divorce-case