I used my income so he could focus on Zoho, now he says I own just 5% of it: Vembu’s wife
The story of Sridhar Vembu, the billionaire founder of Zoho, is one of rags-to-riches success. However, a recent revelation has shed light on the lesser-known aspects of his personal life, particularly his divorce case. In a shocking turn of events, Vembu’s wife, Pramila Srinivasan, has come forward to claim that she used her income to support Vembu’s entrepreneurial ventures, including Zoho, during their marriage. What’s even more astonishing is that Vembu has reportedly claimed to own only 5% of the company, leaving many to wonder about the true nature of their marital and business relationships.
According to Srinivasan, she was the primary breadwinner in the early days of their marriage, using her income to support Vembu as he pursued his passion for building Zoho. “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 statement. This revelation has raised questions about the ownership structure of Zoho and the role that Srinivasan played in the company’s growth.
As it turns out, Vembu’s sister, Radha, is the largest shareholder of Zoho, with a staggering 47.8% stake in the company. This has led to speculation about the family dynamics at play and the extent to which Vembu’s family members have benefited from the company’s success. While Vembu’s rags-to-riches story is undoubtedly inspiring, the fact that his sister holds such a significant stake in the company has raised eyebrows.
The divorce case between Vembu and Srinivasan has been making headlines in recent months, with a US court ordering Vembu to post a $17 billion bond in the divorce case. The case has brought to light the complex web of relationships and financial dealings within the Vembu family. As the case continues to unfold, it is likely that more details will emerge about the inner workings of Zoho and the role that Vembu’s family members have played in the company’s success.
The story of Vembu and Srinivasan serves as a reminder that even the most successful entrepreneurs can have complex and often tumultuous personal lives. While Vembu’s success with Zoho is undeniable, the fact that his wife claims to have used her income to support him during the early days of the company raises questions about the nature of their relationship and the extent to which she contributed to the company’s growth.
As the divorce case continues to make its way through the courts, it is likely that more details will emerge about the financial dealings within the Vembu family. One thing is certain, however: the story of Sridhar Vembu and Pramila Srinivasan is a complex and fascinating one, full of twists and turns that will undoubtedly continue to captivate the public’s attention.
In the world of entrepreneurship, it is not uncommon for founders to make sacrifices in their personal lives in order to pursue their passions. However, the case of Vembu and Srinivasan highlights the importance of clarity and transparency in both personal and business relationships. As the story continues to unfold, it will be interesting to see how the court ultimately rules on the matter and what implications this will have for the future of Zoho.
Ultimately, the story of Sridhar Vembu and Pramila Srinivasan serves as a reminder that even the most successful entrepreneurs can have complex and often tumultuous personal lives. While Vembu’s success with Zoho is undeniable, the fact that his wife claims to have used her income to support him during the early days of the company raises important questions about the nature of their relationship and the extent to which she contributed to the company’s growth.
As we continue to follow the developments in this case, it is essential to remember that the story of Vembu and Srinivasan is a complex and multifaceted one, full of twists and turns that will undoubtedly continue to captivate the public’s attention. With its implications for the future of Zoho and the world of entrepreneurship as a whole, this story is one that will undoubtedly be watched closely in the months and years to come.
For more information on this story, please visit: https://www.thenewsminute.com/news/exclusive-us-court-orders-sridhar-vembu-to-post-17-billion-bond-in-divorce-case
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