CEO - Zoho Payment Technologies | Global Head - Finance & Operations BU, Zoho. Saas, Fintech, Payments, Connected Banking, Tax, Economics

Joined May 2008
68 Photos and videos
Siva retweeted
Sir, they have blocked access to the very AI models you said we should share instead of build
India doesn't need to lead the world in building the most advanced AI models. But it must lead in ensuring benefits of AI are widely shared. @rvenk and I have an op-ed in The @EconomicTimes economictimes.indiatimes.com…
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Siva retweeted
Elon just created 4,400 millionaires in a single day. 400 of them are now worth over $100 million. These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries. Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000. Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous." The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before. Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
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Siva retweeted
As of 2026, Tamil Nadu is the only state in India that does not have any Jawahar Navodaya Vidyalayas (JNVs). As the name indicates, this policy was formulated when Congress was in power and the BJP has continued it. It is generally a bad idea for one state to keep resisting policies every other state, including non-BJP states, accept. DMK pursued that arrogant policy and lost. Given that the Congress is in the ruling alliance in Tamil Nadu, I hope they push for Jawahar Navodaya Vidyalaya schools in the interest of our Tamil Nadu students. Accepting Jawahar Navodaya Schools would not lose a single vote and in fact may win many votes from grateful parents. Pragmatism in such matters is politically wise.
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Siva retweeted
"No European country has been attacked with Indian Weapons... So Keep that in Mind"...!!! I think Europe was not expecting that answer from Minister @DrSJaishankar 👏
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Siva retweeted
Zoho debuts Made-in-India server ‘Nathu La’ to enable AI inference, reduce data centre costs indianexpress.com/article/te… via NaMo App
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Siva retweeted
Zoho keeps doing things the rest of Indian tech has decided are impossible. They just built its own computer server, but the way they did it is so fascinating. First, let's understand what a server is. It is the big computer sitting in a data centre that runs your apps. Every time you use Gmail or WhatsApp, a server somewhere does the work. Almost every server running in India is designed by foreign companies. Indian firms just buy them. Zoho decided to design its own. And I cannot stop thinking about how they went about it. They set up the project in Nagpur. Now, Nagpur had no experienced hardware engineers at all. So Zoho did not hire experts from Dell or HPE. They started a training programme called SETU, hired freshers straight out of engineering colleges, and gave them one hard problem to work on for five years. Think about that. Every big IT company in India complains that freshers are unemployable. Zoho took those same freshers, in a smaller city, and got a working server out of them. They have filed more than five patents on the designs, and the key parts were designed fully in-house and put together by Indian manufacturing partners. So the talent has always been there. A company patient enough to train people was the missing piece. But why build your own server at all? Zoho runs all its apps on its own machines. Until now, every server they bought from a foreign company included that company's profit and licence fees. By designing their own, they get the same performance while using 12 to 18% less electricity, and the total cost of owning each machine drops by 20 to 30%. With a few hundred servers, that saving is small. But Zoho plans to move all its apps worldwide onto these machines. Also there is an AI angle. Running AI is expensive because AI needs huge computing power. Zoho's plan is to run smaller, focused AI models on its own servers in its own data centres, to manage costs. Most companies rent computing power from Amazon or Google but Zoho is attacking the bill at the machine level. The timing is important too. In 2023, the Indian government put restrictions on importing hardware like servers. Zoho had already started its server team in Nagpur back in 2020. Three years before the government rule arrived, Zoho was preparing for a world where India cannot simply import its computers. So, they moved on their own belief. The best part is that the design is fully owned in India, Zoho does not depend on any foreign company for security checks, software updates, or licences. If some country imposes sanctions or a licensing fight breaks out tomorrow, nobody abroad can switch off Zoho's machines. Zoho has been honest about the fact that the chip inside the server is still an Intel processor, and Intel helped in the development. That is fine. Every country that builds hardware starts this way. China's server companies started by assembling other people's parts and slowly went deeper. The chip is the next decade's problem. What I love most is how Zoho-like this whole thing is. > This company took no investor money in 25 years. > It opened offices in villages and small towns. > It hires school students and trains them. > It built its own browser and its own AI model. > Now its own server. Now compare this with the big Indian IT companies. TCS, Infosys, Wipro, HCL. Together they earn over $250 billion. They have managed the world's computers for decades. But not one of them designed a server of their own. Even the name is a nice touch. Nathu La is the mountain pass in Sikkim through which India traded with the world on the old Silk Route. Naming your first server after a trade gateway, while building it so India depends less on imported tech, shows someone thought about this for years. They have a few hundred servers running today and want 2,000 by the end of the year. Small numbers. But the team is trained, the design works, and the path is proven. Indian software companies spent 30 years building on other people's machines. One of them finally built the machine. :)
Jun 10
We just launched something we've been quietly working on—Nathu La, our very own indigenously designed server, with every bit of intellectual property owned right here in India. 🚀 Built by our engineers in Nagpur, optimized for AI inference, and designed to power Zoho's own applications, Nathu La is our most tangible step yet toward owning our technology stack end to end in ways that directly benefit our customers. Read the full story here 👉 zurl.co/fjCv3
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Siva retweeted
Shocking that Kwality Walls was allowed to sell ice-cream with palm oil instead of milk in India. From 2027, it’ll finally launch actual ice cream made from milk. But - Shame on you, @fssaiindia for letting us eat the garbage for decades.
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May 31

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Siva retweeted
Will Sabeer Bhatia advise the Jews to "appreciate" the Holocaust chapter of their history? As a matter of fact, only because the Jews remember the history and said "Never again", have they been able to build Israel and all its technological prowess and they have also revived the Hebrew language. Bharat will do all of it - we will rebuild our great civilization, we will remember our history (Never again!) and honor the memory of our ancestors, and we will also revive our great languages.
India should be able to appreciate every chapter of its history without feeling threatened by it. The Mughals left behind magnificent architecture, art, cuisine, language, and culture. The British left institutions, infrastructure, and the English language—which opened doors for millions, including me. I would not have achieved what I have without mastering English. A mature civilization acknowledges both the achievements and the mistakes of its past. Yet today, too much energy is spent hating what came before us instead of building on it. We should be grateful to the generations that laid the foundations we inherited, learn from history, and focus our attention on creating a better future. The future is full of opportunity. Let’s embrace it rather than remain trapped in endless battles over the past.
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Siva retweeted
One company I hugely admire is NPCI, and every time I use UPI, I think of their work and the massive impact! So it is an honour to do the podcast with their CEO Shri Dilip Asbe. Thank you Dilip-ji🙏
May 21
#NewEpisodeAlert In this episode of NPCI’s Innovators Playground Podcast, Dilip Asbe sits down with Sridhar Vembu, Co-founder and Chief Scientist, Zoho, to unpack what it will take for India to build world class #AI technology that is self-reliant and designed for the next billion users. Here is what the episode dives into: ✅ What it takes to build deep technology from India ✅ Why India needs a different approach compared to West in AI innovation ✅ How rural India can become a global talent hub ✅ How India can create affordable AI for the masses ✅ What the next generation of software will look like 🎧 A must listen for students, engineers, founders, and anyone thinking deeply about India’s technology future in an AI led world. Watch the full video here - youtu.be/gM9fHI7bGwo @dilipasbe @svembu @Zoho #NPCI #InnovatorsPlayground #SridharVembu #Zoho #IndiaTech #DeepTech #DigitalIndia
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Siva retweeted
Any warmth, optimism and positivity that you have towards Chennai evaporates the moment you try catching a cab after stepping out of the airport Because unlike most cities where you get out, open an app, book a cab and go, in Chennai you have to Haul your luggage in the enervating heat to an overcrowded buggy stand. Then wait for an buggy which takes an eternity to arrive. Into which you are then stuffed like a sardine in a can and driven for 20 mins to a god forsaken "mall" Where you again have to compete with a batallion of tired and hungry travellers and their luggage to get onto an elevator Which will take you 3 floors up to a taxi stand where you hope there is cab available Which will then drive you down those very three floors to take you into the city I seriously cannot comprehend how the supposedly knowledgeable Chennai people messed up something as simple as an Airport cab pick up All of Chennai's aspirations to be a megapolis dies in that gap between the airport arrival and that cab pickup station
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Siva retweeted
A big thank you to all the finance leaders, speakers, and community members who made the Chennai edition a memorable evening of insights, collaboration, and future-focused conversations.
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Siva retweeted
May 18
#NewEpisodeLoading To someone who says you need to leave India to build something global. Sridhar Vembu proved otherwise!! In the upcoming episode of NPCI’s Innovators Playground, @dilipasbe speaks with @svembu, Co-founder and Chief Scientist of @Zoho, about the blueprint for building a global tech-giant from the heartland of India and much more. Coming soon….. #NPCI #NPCIAlwaysForward #InnovatorsPlayground #DeepTech
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You cannot understand Indian trajectory without doing three things: 1. Live abroad to see that people are fundamentally the same, with some differences of course. There is no god-given reason for any large group to be perpetually ahead of any other. If anything, scale means the larger group has an edge. 2. Read lots and lots of economic, financial and political history. And I mean lots. How others became rich. What does money mean over the ages. How did state capacity develop. How does it overlap with civilisational substrates etc 3. Not get cynical through this process of traveling and reading. Many (not all) NRIs - who are best placed to compare across nations - end up exaggerating Indian faults to rationalise their life decision. Subconsciously I maybe doing the reverse but at least not consciously. If you travel/read a lot and go by numbers and not emotions, I think it is fairly likely you will come to the conclusion that India is an incredible growth story and investment opportunity. Of course different views exist - which is why markets exist.
Replying to @harshmadhusudan
TBH sometimes I come here to read Harsh's posts to get out of my pessimism about our country. No idea what future brings but our policy making is frequently so slow and incompetent with poor execution that I find it difficult to be so optimistic especially in this age of AI.
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Siva retweeted
May 12
Billionaire Michael Milken joked “if a US company replaces the US-born CEO with a CEO born in India, I buy the stock” But he reveals he hasn’t backtested the idea. So we did. In the last 15yrs, that would’ve 50x’d your money: 7.5x more $$ and >2x IRR vs S&P500: 30% vs 14%!
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Siva retweeted
1. Just got off a call with @UnSubtleDesi. I couldn't be happier for her and both of us couldn't help but discuss the harrowing days of post poll violence in West Bengal in 2021. So I am going to share what happened five years ago just so ppl know what happened. #WestBengal2026.
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Siva retweeted
OH MY GODDDDDD!!!!! 🤯🙌 THE FIRST MAN IN ENTIRE HISTORY TO BREAK 2 HOURS IN A MARATHON! 🔥🔥🔥 Kenya's Sabastian Sawe broke the World Record with 1:59:30 timing at London Marathon FOLKS, THIS IS SUCH A UNIMAGINABLE STUFF!

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Siva retweeted
For the first time, an official stand of @narendramodi govt in Supreme Court - “Govt does not want to control temples at all”. And for the first time, the Supreme Court has directly been told that it is not competent to decide on matters of belief and practices of religious denominations and should restrict itself to matters of constitution. Even the temple entry bogey has been called out. A day of celebration for us, who have campaigned vigorously for this since the past decade. The battle will not be over, however, until every Hindu temple is freed from control of govt, politicians and babus.
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Siva retweeted
Apr 6
On the issue raised by FlexyPe on @ZohoBooks through social media and reported in the press: this issue was not from Zoho Books. It was caused by incorrect payment status updates from a third-party tool that FlexyPe was using called Cashfree, which marked incomplete or dropped transactions as successful, leading to reconciliation discrepancies. We at Zoho, have actually helped FlexyPe identify the issue and CashFree has acknowledged that the issue was on their side. The Cashfree team has publicly confirmed the issue: zurl.co/0Gwgx Unfortunately, while the investigation was still underway, FlexyPe prematurely took to social media and made a big attack on Zoho Books that was entirely false. Even after it became clear that the issue was not with Zoho, they have not retracted their falsehood. They continue to insinuate that somehow Zoho was partially at fault, which is again false. As a result, we are compelled to pursue stringent legal action on FlexyPe for posting this malicious false claims. False statements like these are not going to change the value we provide to our partners and customers. Thank you to all of you for standing with us and looking out for us! 🙏
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Siva retweeted
Mar 28
A rational Pakistani video on Modi & India. And what the guy is saying applies to Indians too. Rational, unbiased, unemotional analysis of facts is important. Be it politics or geopolitics. Or reality will look different. And we will be misled into wrong thinking and decisions.
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