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Unlike other venture-funded sectors that were outright failures, SaaS has been able to create a few sustainable businesses. The sector, though, needs a fresh story.
The Zoho co-founder’s attempt to build a WhatsApp competitor has captured the imagination of the nationalist Indian. Emotions aside, the most likely outcome is that Zoho’s other products will start selling more.
Adani and Zoho pausing their plans is a sign that a lot needs to be done before semiconductor fabrication is a viable business.
Sridhar Vembu steps down as CEO of the software company and makes some other key changes at the top.