Estimated reading time: 1 minute, 18 seconds

Zoho Goes Over $1 Billion

DollarsCloud software vendor Zoho has exceeded $1 billion in revenue, the company said this month.

In the last two months, Zoho, based in Chennai, India, issued other statistics about its performance in 2022. That included an October announcement that Zoho One is being used by more than 50,000 companies, up 150 percent over the last two years.

It also said that 37.5 percent of new customers of that platform were coming from the mid-market and enterprise levels while the Zoho Finance Platform experienced 50-percent, year-over-year growth with more than half a million customers

Zoho’s home country has had a strong performance with revenue there growing by 77 percent last year. Despite topping the $1 billion mark, growth “has slowed down quite a bit in 2022 over 2021, CEO and Co-founder Sridhar Vembu, said growth “has slowed down quite a bit in 2022 over 2021.”

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Read 402 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings


For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue


Background Color
Text Color


Background Color


Select menu
Google Font
Body Font-size
Body Font-family
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.