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 world of technology and entrepreneurship is often filled with stories of innovation, perseverance, and success. However, behind the scenes of these success stories, there can be complex and intriguing tales of personal relationships, financial struggles, and power dynamics. One such story has recently come to light, involving Sridhar Vembu, the billionaire founder of Zoho, and his wife Pramila Srinivasan.

In a shocking revelation, Pramila Srinivasan has come forward to share her side of the story, claiming that she used her income to support Vembu as he built Zoho from the ground up. After Vembu quit his job to pursue his entrepreneurial dreams, Srinivasan’s financial support became the backbone of their household, allowing Vembu to focus on his vision for Zoho. However, in a stunning turn of events, Srinivasan has alleged that Vembu now claims to own only 5% of the company, despite having spent their entire marriage building it together.

This revelation has left many questioning the dynamics of their relationship and the true ownership of Zoho. According to reports, Vembu’s sister, Radha, is the largest shareholder of Zoho, holding a whopping 47.8% stake in the company. This has raised eyebrows, with many wondering how Radha’s stake in the company is significantly larger than Vembu’s alleged 5% ownership.

Srinivasan’s story is one of sacrifice and dedication, as she put her own career on the backburner to support Vembu’s entrepreneurial ambitions. She recalls the early days of Zoho, when the company was still in its infancy, and Vembu would often work long hours, pouring his heart and soul into the business. During this time, Srinivasan’s income became the primary source of financial support for the family, allowing Vembu to focus on building Zoho without the burden of a steady paycheck.

As Zoho began to gain traction and grow, Srinivasan’s support for Vembu never wavered. She continued to work and provide for their family, all while Vembu dedicated himself to his business. However, it appears that Vembu’s appreciation for Srinivasan’s sacrifices has been called into question, as he now claims to own only a minor stake in the company.

The news of Vembu’s alleged 5% ownership has sent shockwaves through the business community, with many questioning the validity of his claim. Srinivasan’s story has sparked a debate about the importance of recognizing the contributions of spouses and partners in entrepreneurial ventures. While Vembu’s success with Zoho is undeniable, it is clear that Srinivasan’s support played a crucial role in his ability to pursue his dreams.

In a recent court filing, Vembu has been ordered to post a $17 billion bond in his divorce case, a staggering amount that underscores the complexity and high stakes of the proceedings. As the case unfolds, it will be interesting to see how the court navigates the intricacies of Vembu’s ownership claim and the role that Srinivasan played in supporting him throughout their marriage.

The story of Sridhar Vembu and Pramila Srinivasan serves as a reminder that behind every successful entrepreneur, there are often unsung heroes who have made significant sacrifices to support their loved ones. As the business world continues to evolve, it is essential that we recognize the importance of these contributions and work towards creating a more equitable and just environment for all.

In conclusion, the story of Srinivasan and Vembu is a complex and multifaceted one, filled with twists and turns that have left many questioning the true nature of their relationship and the ownership of Zoho. As the court case continues to unfold, it will be fascinating to see how the story develops and what implications it may have for the business community at large.