We understand the push for Zoho to go public. But let me state the reality: Arattai would very likely not have been built by a public company that faces quarter to quarter financial pressure. It was a "hopelessly foolish" project, and even our employees had expressed scepticism that Arattai would ever gain any traction.
We built it because we felt we need that kind of engineering capability in Bharat. We need a lot lot more of such capabilities in Bharat and we are on it.
We have some very ambitious, long range R&D projects going on in Zoho, including compilers, databases, OS, security, hardware, chip design, robotics (not to mention AI) and on and on. In addition, we have invested in many R&D intensive companies that we know won't make money soon.
Zoho is a kind of an industrial research lab that also makes money to fund itself. We essentially ignore short term profits, as long as we don't lose money. And we have a culture of founders and senior executives living frugally, like how good scientists and engineers in ISRO would live. To us that is the essence of Bharat. Japan operated that way when it was developing.
Imagine saying all that to Wall Street or Dalal Street!
High time
@Zoho gets listed in Indian stock markets.
@svembu, India deserves a fair shot at investing in a true homegrown tech company.