I used my income so he could focus on Zoho, now he says he owns just 5% of it: Vembu's wife

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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. From humble beginnings to building a software empire, Vembu’s journey is an inspiration to many. However, behind every successful man, there is often an unsung hero, and in this case, it is his wife, Pramila Srinivasan. In a shocking turn of events, Srinivasan has come forward to reveal that she used her income to support Vembu while he was building Zoho, only to be told that she owns a mere 5% of the company.

It all began when Vembu quit his job to pursue his dream of building a software company. Srinivasan, being the supportive partner that she is, used her income to support the family while Vembu focused on building Zoho. She believed in his vision and was willing to make sacrifices to help him achieve his goals. As the company grew, so did Vembu’s reputation, and soon he became a household name in the tech industry.

However, when Vembu filed for divorce, Srinivasan was in for a shock. She claims that she was told that she owns only 5% of Zoho, a company that she had supported financially and emotionally for many years. This revelation has left her feeling betrayed and shocked. “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.

But what’s even more surprising is that Vembu’s sister, Radha, is the largest shareholder of Zoho, with a whopping 47.8% stake. This has raised questions about the ownership structure of the company and how it was divided among family members. It is unclear why Vembu’s sister holds such a large stake in the company, and why Srinivasan’s contribution to the company’s growth has been relegated to a mere 5%.

The news of Vembu’s divorce and the subsequent revelation about the ownership structure of Zoho has sent shockwaves in the tech industry. Many are questioning how a company that was built on the sacrifices of a partner can be divided in such a way. It is a stark reminder of the patriarchal norms that still exist in our society, where women’s contributions are often overlooked and undervalued.

The case has also sparked a debate about the rights of women in business and the importance of having a fair and transparent ownership structure. It is a wake-up call for women entrepreneurs and partners who support their spouses in building businesses. It highlights the need for women to be aware of their rights and to have a clear understanding of the ownership structure of the company.

In a recent development, a US court has ordered Sridhar Vembu to post a $1.7 billion bond in the divorce case. This is a significant development in the case, and it remains to be seen how the court will rule on the ownership structure of Zoho.

As the case unfolds, it is clear that Srinivasan’s story is not just about a divorce or a business dispute. It is about the struggle of women to be recognized and valued for their contributions. It is about the need for transparency and fairness in business dealings. And it is about the importance of women’s rights in the workplace and in business.

In conclusion, the story of Sridhar Vembu and Pramila Srinivasan is a complex one, with many twists and turns. It is a reminder that behind every successful man, there is often an unsung hero, and it is time that we recognize and value the contributions of women in business and in life.