Zoho crosses $1 bn in revenue, to double investments in AI

Chennai-based software-as-a-service (SaaS) firm Zoho announced that it has crossed $1 billion in revenue with India leading the growth and the regional annual revenue increasing by 77% in 2021. "No one has built a billion-dollar product company in India," CEO and Co-Founder Sridhar Vembu said. Zoho also announced that it will double investment into technologies like blockchain and AI.