At a time when the global economy is going through a post-pandemic recovery, SRIDHAR VEMBU, founder and chief executive officer (CEO) of Zoho Corporation, believes the world economy on the brink of recession may affect software-as-a-service (SaaS) companies as well. In conversation with Shine Jacob, Vembu trots out reasons why he is reluctant to list Zoho and also lays down the road map for the company’s future. Edited excerpts:
With the pandemic slowly dying out, what is your view on the SaaS landscape and the current economic scenario?
The SaaS sector is doing well. From a broader economic outlook, recession is almost certain at this point in the US and Europe. Given that SaaS companies like ours depend on these