SaaS firm Zoho crosses 10 crore users globally

Zoho said it has witnessed a three-year Compound Annual Growth Rate (CAGR) of 65% in the upmarket segment in India.

ETtech
Chennai-headquartered SaaS company Zoho said it has surpassed 10 crore users globally. Zoho has become the first bootstrapped SaaS company to reach the milestone, the firm said in a statement.

The company had crossed $1 billion in annual revenue in 2022.

Zoho said it has witnessed a three-year Compound Annual Growth Rate (CAGR) of 65% in the upmarket segment in India.


"This is an impressive milestone for any organisation, but it's particularly sweet for us as a bootstrapped company that has never raised external capital," Zoho Co-Founder and Chief Executive Officer Sridhar Vembu said. GRJ TRB TRB TRB
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