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

Nothing’s CMF Goes Indian with $100M JV

Company has announced a $100 million joint venture with Indian electronics manufacturer Optiemus Infracom Limited….reports Asian Lite News Smartphone maker Nothing has spun off its budget sub-brand CMF into an independent subsidiary,

Airbnb Boosts India Economy

Among international guests, the largest inbound sources were the United States, United Kingdom, Canada, and Australia Hospitality giant Airbnb made a significant impact on India’s economy in 2024, contributing Rs 113 billion

Rupee, Markets Gain Amid Trade Optimism

Emerging market currencies, including the rupee, have gained support amid softening in the dollar. Reports suggesting that the US economy is on the verge of a recession have contributed to the greenback’s

Deadline Nears, India–EU Talks Heat Up

The success or failure of this round will shape how the two sides proceed, especially on difficult issues that have long blocked progress….reports Asian Lite News India and the European Union on

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations of a US Federal Reserve rate cut. According to the
Go toTop

Don't Miss

Modi wants to set new goals for India-Israel mutual cooperation

Modi expressed his confidence that India-Israel friendship will continue to

Rajiv Gandhi case convict Perarivalan free after 30 years

The Centre’s counsel supported the Tamil Nadu Governor’s decision to