According to reports, the Ministry of Heavy Industries (MHI) intends to cut the 40-day processing period for EV subsidy claims to just five days. The Centre aims to resolve technical bottlenecks and expedite verification procedures in order to carry out such a move.
Under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) programme, the government is taking this action in an effort to reduce the backlog and guarantee the prompt distribution of EV subsidies.
There is already a massive backlog of 126,000 pending subsidy claims for 2024–2025. There are 109,000 claims for e-2Ws alone out of 893,000 claims altogether. Face authentication concerns have been blamed for these delays since buyers’ appearances may differ from their Aadhaar images, which makes identity verification difficult. One of the MHI’s main initiatives to hasten EV adoption and build out supporting infrastructure nationwide is the PM E-DRIVE Scheme.
The programme will replace previous programmes like FAME and EMPS-2024 and has a budgetary investment of INR 10,900 CR. It will run from October 2024 to March 2026.
Government Pushing the Usage of EVs in India
The action is in line with the government’s objective of having 30% of all automobile sales be electric by 2030. Additionally, this includes sector-specific goals, such as 80% of two- and three-wheelers, 40% of buses, and 70% of commercial vehicles being electric by 2030.
The Ministry of Heavy Industries (MHI) earlier told the Lok Sabha that, as of December 2023, the government has given EV producers a total of INR 52.28 billion in subsidies, depending on the sale of around 1.15 million EVs.
The development coincides with the nation’s EV industry’s growth, which is predicted to reach 20 million sales by 2030 and generate a $132 billion EV market by that time. The government has traditionally taken a protectionist stance towards the auto industry, enforcing high tariffs to encourage the development of a domestic EV ecosystem while keeping international players at bay.
Furthermore, international businesses usually formed joint ventures with local firms to reach the Indian market. In the meantime, programmes such as PM e-Bus Sewa, FAME, and the PLI projects, among others, have contributed to the development of the necessary environment for local players to prosper.
India has thus become the third-largest vehicle market in the world, giving rise to four soonicorns and two unicorns in the EV startup space.
India’s EV Sector Spreading its Wings
Since 2014, more than 119 EV businesses have raised over $3.7 billion in investment. With Ather starting its IPO subscription process on 28 April and Ola Electric listing last year, these businesses have also started to establish themselves on Indian exchanges.
However, in response to increased international interest in gaining a piece of the Indian EV industry, the government is now considering opening the market to overseas competitors under certain restrictions.
Prior to this, India was considering reducing import taxes on luxury EVs (those costing more than $35,000) from 110% to 15%, but only if automakers met specific requirements, such as investing at least INR 4,150 Cr ($500 Mn) in India and establishing a local production plant within three years.
Recently, Elon Musk’s Tesla and Indonesian EV powerhouse VinFast have been attempting to enter the market.
According to reports, Dixon Technologies, a domestic electronics maker, is joining the nation’s electronics component manufacturing sector (ECMS) for captive needs before branching out to exports. Dixon’s CEO, Atul Lal, told a media agency that the company’s next growth phase will involve electronics components.
Dixon is currently considering producing parts like camera modules, mechanical enclosures, and lithium-ion batteries after apparently beginning work on a project for display modules. According to Lal, the business has already launched a display module project.
The company is assessing a number of other component types, including mechanical enclosures, camera modules, and lithium-ion batteries. Dixon is therefore taking the evaluation very seriously and will be actively involved in ECMS.
Lal added that the components will first be manufactured for internal use before being expanded to meet the demands of the external market.
Tata Electronics to Join the Sector
According to various reports, Tata Electronics plans to invest INR 2,000 Cr in the production of electronic components as part of the Centre’s INR 23,000 Cr incentive programme. The announcement follows Union Minister Ashwini Vaishnaw’s announcement a few days earlier that the electronics components scheme’s criteria have been finalised and that its web portal will soon be established.
According to Vaishnaw, the plan is anticipated to increase domestic output, generate employment, and lessen reliance on imports. An INR 22,919 Cr production-linked incentive (PLI) programme for non-semiconductor electronics components was authorised by the Union Cabinet last month.
A few days ago, Vaishnaw also stated that in order for makers of electronics components to take advantage of the government’s ECMS, they must create internal design teams and meet Six Sigma quality standards.
Taking note of the requirement, Lall stated that Dixon will talk about it within the team and welcomes the directive for Six Sigma level and design team formation.
Dixon Enabling Computing and Smartphone Manufacturing Capabilities
In recent months, Dixon has partnered with laptop and smartphone manufacturers Vivo and HP in the electronics manufacturing sector. It signed an agreement with Vivo India to establish a joint venture for the opening of an original equipment manufacturer (OEM) facility.
Vivo India will own 49% of the joint venture, while Dixon will own 51%. Under the production-linked incentive 2.0 programme, Dixon Technologies’ wholly owned subsidiary Padget Electronics and Asus entered an agreement in September of last year to produce notebooks for the Taiwanese tech giant.
Dixon and the Tamil Nadu government also inked a memorandum of understanding (MoU) for the establishment of a manufacturing plant close to Chennai, which will cost INR 1,000 Cr in total. It is anticipated that the proposed facility will give 5,000 individuals in the state new job prospects.
Additionally, the publicly traded firm with its headquarters in Noida assembles smartphones for companies including Oppo, Xiaomi, and Google.
It is important to remember that Dixon is negotiating the establishment of a $3 billion display fabrication plant in India. Lall made the statement on the company’s Q3 results call in January.
For over INR 1,500 crore (more than $175 million) in structured debt, Zepto founders Aadit Palicha and Kaivalya Vohra are in advanced discussions with Edelweiss Alternative Asset, local family offices, and smaller credit funds.
According to a report, the acquisition aims to assist the fast commerce company consolidate local control ahead of its planned initial public offering (IPO) by purchasing shares from current international investors. Edelweiss has made a legally binding offer.
The loan includes a minimum interest rate of 16% and an equity-linked upside that could raise total profits to almost 18%. According to various media reports, it is being carried out at a valuation of over $5 billion, which is the same as when Zepto sought equity financing the previous year.
Binding Term Sheet by Edelweiss
With a three-year term, the deal is anticipated to close by July, with Edelweiss serving as the primary underwriter. Edelweiss will anchor the rise by contributing half of the money and has provided a firm term sheet.
Family offices and smaller credit funds are contributing the remaining INR 750 crore, and it is anticipated that they will do so on the same terms. According to the company’s IPO valuation, they might wind up making an 18% return, the individual continued.
The promoter-level purchase funding will enable the Zepto founders to raise their ownership position in the business from the current 18% to about 20%. Once the acquisition is finalised, Zepto’s domestic shareholding is expected to rise to around 30%, according to a report. Y Combinator, General Catalyst, and Nexus Venture Partners are some of its largest backers.
Ownership Dynamics
The founders are making the transition to ensure that they satisfy the Indian ownership threshold and comply with foreign direct investment (FDI) regulations that govern online retail. This could be essential for regulatory clearances and initial public offering (IPO) eligibility.
India’s FDI regulations prohibit FDI in inventory-led e-commerce but permit 100% foreign investment in online marketplace models. Inventory-led models can only be lawfully operated by Indian Owned and Controlled Companies (IOCCs).
A business must have more than 50% Indian ownership and control in order to be eligible as an IOCC. The board of Eternal, the publicly traded parent company of Zomato, adopted a plan on April 19 to limit foreign ownership of the company to 49.5%, the company informed stock exchanges.
The objective of the action was to grant Blinkit “greater operational flexibility” by enabling it to maintain inventory, rather than exclusively operating as a marketplace, as mandated by India’s foreign investment regulations.
Zepto arrangement “is classic promoter financing—a high-yield debt deal with embedded equity upside.” However, securing a commitment of promoter stock is uncommon for Indian new-age tech enterprises, particularly those with a significant cash burn.
Day 1 of GEPL Season 2 featured four high-energy matches, including a double header for the home team, Bengaluru Badgers and Mumbai Grizzlies.
Season 2 of the highly anticipated Global e-Cricket Premier League (GEPL), powered by JetSynthesys, a global leader in digital entertainment and technology, got underway at the Koramangala Indoor Stadium in Bengaluru, marking the first time that the Garden City has hosted the league’s national launch. Conceptualised and developed by JetSynthesys, GEPL has swiftly evolved into one of India’s most structured and franchise-led esports properties, bringing together the nation’s cricketing fervour and the dynamism of competitive gaming.
This season features six city-based franchises, each backed by prominent names from India’s entrepreneurial and entertainment ecosystem:
Mumbai Grizzlies: Owned by Ms. Sara Tendulkar, an entrepreneur and philanthropist
Bengaluru Badgers: Co-owned by Mr. Nikhil Kamath (Co-founder, Zerodha & True Beacon), Mr. Ankit Nagori (Founder, Curefoods), and Mr. Prashant Prakash (Founding Partner, Accel India)
Chennai Falcons: Co-owned by Mr. Gopal Srinivasan (Chairman, TVS Capital Funds), Mr. Madhusudanan R (Founder, YAP), and Mr. Arjun Santhanakrishnan (Investor & Entrepreneur)
Hyderabad Rhinos: Owned by Mr. Amit Mehta, Director, LNB Group
Pune Stallions: Owned by Mr. Suniel Shetty, actor and investor
The opening day witnessed strong on-ground participation from league stakeholders, including JetSynthesys Founder & CEO Mr. Rajan Navani, and franchise owners Ms. Sara Tendulkar, Mr. Prashant Prakash, Mr. Ankit Nagori, Mr. Amit Mehta, and Mr. Gopal Srinivasan — underlining the growing investor confidence in India’s esports landscape.
Speaking at the launch, Mr. Rajan Navani said, “GEPL reflects our commitment to building structured and scalable formats that bring India’s video gaming and sports cultures together. With Bengaluru hosting the opening for the first time and some of the country’s most credible business minds backing the league, Season 2 is a leap forward in making esports more mainstream, aspirational, and commercially viable.”
Expressing her excitement, Ms.Sara Tendulkar, owner of the Mumbai franchise said, “Cricket is deeply personal for me — it’s in our family’s DNA, a thread that ties generations together. I’ve seen how sport can inspire, unite, and empower. With GEPL, I see the future — a bold, digital frontier of cricket that reflects how today’s youth connect, compete, and create communities. I want to play my part in powering this ecosystem, where young Indians not only engage as fans but also explore exciting new career avenues.”
As a co-owner of the home team (Bengaluru Badgers), Mr. Prashant Prakash pointed to the potential of e-cricket to create national icons: “GEPL has the potential to give us the Dhoni or Virat Kohli of e-cricket, individuals who can inspire pride, followership, and global recognition.”
Highlighting the cultural relevance of Bengaluru co-owner Mr. Ankit Nagori added, “Bengaluru is at the intersection of talent, technology, and youth culture. Supporting an esports team here felt instinctive — this is where the future of fan engagement is heading.”
From an investor’s lens, Mr. Gopal Srinivasan(co-owner, Chennai Falcons) said, “GEPL is a meaningful step toward building a sustainable, investable esports ecosystem in India. The league’s format and quality of participation make it an exciting platform for both business and talent.”
Mr. Amit Mehta (owner, Hyderabad Rhinos), who has long championed digital-first ventures, noted, “I’ve always believed in platforms that amplify young voices. GEPL gives rising esports athletes a real shot at visibility, reward, and community recognition.”
Mr. Rohit Potphode, CEO, GEPL added,“The energy and enthusiasm we witnessed on the opening day of GEPL Season 2 was truly phenomenal. From the electric atmosphere to the incredible response from fans, players, and team owners, it was a powerful reminder of how far the league has come. This season is all about taking e-cricket to the next level, and today’s kickoff has set the perfect tone for the days ahead. We’re excited for what’s to come.”
Day 1 of GEPL Season 2 featured four high-energy matches, including a double header for the home team, Bengaluru Badgers and Mumbai Grizzlies. The tournament will be streamed live on JioHotstar and broadcast across the country on Star Sports, delivering the thrill of e-cricket to millions of fans across India.
Season 2 of GEPL marks a major milestone in the league’s evolution, with player registrations soaring from 2 lakh in Season 1 to over 9.1 lakh this year — a phenomenal fivefold surge. The upcoming edition raises the bar with enhanced league dynamics, elite talent, and next-level action powered by Real Cricket 24.
This season will feature 34 high-intensity matches and an upgraded prize pool of INR 3.05 crore (up from INR 2.51 crore), as GEPL continues to blur the lines between traditional cricket and cutting-edge esports through its immersive gameplay and franchise-based team format.
About GEPL
The Global e-Cricket Premier League (GEPL), launched by JetSynthesys, is the world’s first and largest franchise-based e-cricket league, bridging the gap between cricket, esports, and entertainment. The league offers a unique platform for aspiring players to showcase their skills while engaging millions of fans across India and beyond. Backed by JetSynthesys, GEPL is a cornerstone in the evolution of cricket gaming.
About JetSynthesys
JetSynthesys is a global leader in digital entertainment and technology, specialising in gaming, esports, and digital content. With a reach spanning 180 countries and millions of users, JetSynthesys is committed to building innovative ecosystems where technology, gaming, and entertainment converge. Founded in 2014 by Rajan Navani, JetSynthesys continues to redefine digital experiences while championing inclusivity and engagement across its platforms.
According to media reports, Reliance Industries (RIL), headed by Mukesh Ambani, has become a serious candidate for a sizeable share in China’s Haier’s Indian business. By enlisting a domestic strategic partner, Haier hopes to localise its consumer electronics and appliance manufacturing operations.
Similar to their rivalry in the telecom industry, the move places Reliance Industries up against a group that includes Sunil Mittal of the Bharti Group, among others.
An MG Motors-style structure, in which an Indian business becomes the single largest stakeholder, is one of the plans to dilute 25–51% of equity that Haier Appliances India, which ranks third behind LG and Samsung, has been examining. With a control premium included, it has been aiming for a valuation of $2–2.3 billion.
RIL Advisors Directly Approached Haier’s Headquarters in Quingdao
Following the issuance of non-binding offers at the start of the year, RIL entered the competition. Its advisors have gone straight to Haier’s Qingdao headquarters. According to various reports, Mittal also travelled to China a few weeks ago to meet with Haier’s top management.
It is acknowledged that the possible acquisition will be carried out through the Reliance retail division. Unlike the others, Reliance is eager to go it alone for the time being. It has been developing its own electronics brand under licensed brands like Kelvinator and BPL. Reliance established the brands Wyzr and Reconnect, both of which have had little success.
Other groups in this battle of billionaires include Goldman Sachs and the Amit Jatia family; TPG and the Burman family of Dabur; and GIC of Singapore and BK Goenka of Welspun, after initially partnering with Uday Kotak.
Bain Capital and Puneet Dalmia’s family office, which is part of the Dalmia Bharat Group, have chosen not to participate.
Chinese Firms Eager to Gain Ground in India
If Chinese corporations wish to grow, they are now more receptive to terms that require dilution of their stake in favour of Indian entities. Chinese businesses are keen to expand in India as a result of US President Donald Trump’s tariff blitz, which threatens to price their goods out of the American market.
In light of the fact that the majority of Indian companies and private equity firms have indicated that they are unlikely to remain subordinate partners in any alliance, Haier is currently investigating the possibility of diluting 45-48% of its equity to a local partner.
An additional 3-6% will be reserved for Indian employees and local distributors, while the remaining portion will be retained. Since late last year, the company has been collaborating with Citi to access private equity funds and sizable family offices.
According to media citations, the final structure is anticipated to change over the coming weeks. The original list of bidders that submitted a non-binding offer for the Haier India stake did not include Reliance. They just joined the race and have already arrived at Haier headquarters.
They are highly interested because they want to expand their own brand space in electronics, similar to what they are doing with Campa Cola in FMCG (fast-moving consumer goods).
More than 200 employees were let go by used automobile marketplace Cars24 as part of its cost-cutting initiatives in the technology and product verticals. The layoffs coincide with the recent completion of a new $131 million investment round by Spinny, a competitor of Cars24.
A well-known media site broke the story of Cars24’s layoffs first, and since then, a lot more information about the company’s decision to fire more than 200 workers has surfaced.
In a blog post, Cars24 founder and CEO Vikram Chopra stated that the company had to make the tough choice to let go of almost 200 of its coworkers in a variety of roles over the course of the last few weeks. How hard someone works is not the point of this. This relates to the firm’s wagers and the instances in which it made mistakes.
Various Perks Offered to Exiting Employees and Reasons for Layoff
Employees will receive severance support, a résumé, LinkedIn assistance, mentorship, resources for emotional wellness, and information about new employment within the network, according to Chopra.
“The organisation has realised that some projects did not deliver what it expected,” he continued. A few positions were introduced too soon. When tested, a few theories just didn’t hold up. Additionally, there were instances in which Cars24 was unable to provide the kind of development or education that people genuinely needed.
It is simple to place the blame on outside forces or the market. However, the brand is accountable. Cars24 purchased Team-BHP, India’s biggest automotive platform, in the days preceding the layoffs. It was a “small but meaningful step towards a more trustworthy auto ecosystem in India”, according to Chopra.
Layoff has Become a Common Scenario in 2025
With big companies like Google, Microsoft, and others continuing to reduce their workforces, layoffs in the tech sector are not expected to halt in 2025.
Companies are still cutting employees in an effort to simplify operations, save money, and emphasise automation and artificial intelligence, even though these figures are much lower than the major layoffs that occurred between 2022 and 2023.
Layoffs.fyi, a website that tracks layoffs in the industry, reports that 93 organisations have laid off nearly 23,500 tech workers so far this year, and the number is still growing. Google and Microsoft are apparently contemplating a new round of layoffs, according to the most recent job reduction reports.
According to reports, AI-led restructuring and performance-based terminations are part of the corporations’ goals to increase the effectiveness of their personnel.
Vikram Chopra’s Linguistic Employment Dispute
Last year, Chopra made headlines when he invited Bengaluru-based employees to Delhi, sparking a discussion about linguistic identity and workplace inclusion.
Chopra’s post on X read: After living in Bengaluru for years, are you still unable to speak Kannada? It’s all right. Come to Delhi, or “Aa jao Dilli”.
The Cars24 CEO went on, “If you would like to return, please write to me at vikram@cars24.com with the subject ‘Delhi meri jaan.’
Realiance Retail, the nation’s foremost retailer, is investing in the expansion of its coverage area by opening dark stores. In the March quarter, the company experienced a 2.4x increase in the number of orders from its rapid commerce/hyperlocal delivery service.
During the earnings call earlier this week, Reliance Retail’s CFO Dinesh Taluja stated that the company saw a tremendous scale-up in the March quarter, with orders growing by more than 2.4 times. According to Taluja, Reliance Retail is now experiencing very significant traction, as evidenced by a 2.4x increase in daily exit orders from quarter to quarter.
Additionally, this figure will increase significantly during the next 12 months. Customers continue to respond favourably to the company’s offer of no hidden fees, fast delivery, and no delivery charges; thus, the company is also beginning to aggressively market this offering, as per Taluja.
Reliance Retail Operates Quick Commerce Through JioMart App
Reliance’s network of existing stores provides hyper-local deliveries, which are sub-30-minute deliveries, to 4,000 pin codes throughout the country. This network has a significantly greater reach than any other quick commerce participant in the country.
Reliance Retail offers three different sorts of services, including scheduled and expedited deliveries, through its JioMart app. There is a rapid service that takes less than 30 minutes, a scheduled delivery service with a considerably larger selection, and a subscription service where customers can sign up to have daily items brought to their doorsteps in the early hours of the morning. All three of them are picking up quite nicely, Taluja said.
He added that, on a year-over-year basis, the average daily orders had increased by 62%. In particular, the brand’s 30-minute or less offering, which has the broadest network coverage. More than 4,000 PIN codes are covered by the company’s nearly 2,000+ networked stores.
Therefore, compared to other rapid commerce players, this has a far greater reach. JioMart has essentially changed its business strategy to deliver goods in less than 30 minutes.
New Business Strategy to Expand Network
Taluja claims that Reliance Retail is utilising its network of stores to deliver within a three-kilometre radius as part of the goal. JioMart will open dark shopfronts in a few niche markets.
JioMart will also open some dark stores in areas where there is a real need, a sufficient volume, and the company is unable to fulfil it in 30 minutes.
That’s the rapid commerce aspect of it, then. On a stand-alone basis, the company’s stores have experienced double-digit growth over the past few quarters. Thus, stores are expanding quite quickly as well.
“We are not seeing that impact either in metro or in any other city,” he stated. In a same vein, Reliance Retail has introduced same-day and next-day delivery in 26 locations for its online fashion firm Ajio.
“So, we are increasing the speed at which we are able to deliver the products,” he stated. Reliance Retail reported gross revenue of INR 3.30 trillion for the 2024–25 fiscal year, up 7.85%, and profit after tax of INR 12,388 crore, up 11.33%.
The innovative beverage brand, featured on Shark Tank India, will use funds to expand its presence in Quick Commerce, premium hospitality, and scale its patented Crystal Bottle.
Malaki, an innovative and sustainable premium beverage brand, today announced the successful closing of its Seed funding round, raising INR 5.7 crores. The funding round was led by Venture Catalysts, India’s premier early-stage investor, along with strategic participation from Maarc Ventures & Dadachanji Family Office.
Founded in 2020 by brothers Mohit and Ashish Bhatia, Malaki rose to prominence with its distinctive brand identity, design-forward detailing, highlighted by its patented Malaki Crystal Bottle.
This fresh infusion of capital will accelerate Malaki’s expansion into new markets, strengthen its Online presence, amplify its sustainability initiatives, and build a deeper connection with young India’s growing demand for high-quality alternatives to legacy brands
Commenting on the fundraise, Mohit Bhatia, Co-founder, Malaki said, “Malaki was born from our belief that Indian consumers deserve world-class products crafted by homegrown brands innovating for a new generation. This isn’t just a better drink. It’s a reminder that India can lead, not follow. Invent, not imitate. And taste, without compromise to build the next iconic consumer brand, proudly stocked in every fridge.”
Ashish Bhatia, Co-founder of Malaki, said, “At Malaki, we’re building a brand that stands for quality, innovation, and purpose. This round not only validates our vision but also equips us to scale faster across the country. With deep roots in a legacy family business, we understand the nuances of building long-term value in F&B, and we’re excited to bring a fresh perspective to hydration.”
Venture Catalysts, India’s leading early-stage investment platform, has previously supported prominent consumer startups like Beardo, Pee Safe, and BharatPe.
Commenting on their investment, Dr. Apoorva Ranjan Sharma, Co-founder, Venture Catalysts, remarked, “Malaki exemplifies innovation and sustainability in a rapidly growing premium beverage market. We believe strongly in the founders’ capabilities and see tremendous growth potential in their vision to create India’s next big consumer brand.”
Additionally, Akshat Chhabra, Director, Maarc Ventures, said, “From our first interactions, it was clear that Ashish and Mohit have the passion and long-term vision to build something truly enduring. We believed in their conviction and were keen to support them and the Malaki team.”
Malaki has established an impressive footprint with over 500 premium HORECA outlets, partnering with leading hospitality brands such as Singapore Airlines, Ritz-Carlton, Hyatt and has rapidly built an impressive footprint across premium hospitality chains (HORECA) in Mumbai, Pune, and Goa. It is now gearing up to launch in major metro markets including Delhi NCR, Hyderabad, Jaipur, and Bengaluru. The company plans to leverage this funding to significantly enhance distribution channels and expand consumer reach through digital commerce.
The Indian premium beverage market is projected to grow exponentially, driven by increasing consumer preference for premium, healthier alternatives and sustainability. With strategic backing from esteemed investors and industry veterans, Malaki is poised to become a dominant player in this thriving market.
About Malaki
Malaki, founded by entrepreneurs Mohit and Ashish Bhatia, offers a premium range of beverages designed for new-age, health-conscious consumers. The brand combines global beverage trends with sustainable practices, offering high-quality products packaged in sustainable glass bottles. The brand portfolio includes tonic waters, alkaline waters, sparkling waters, and ginger ales. Malaki aims to elevate the beverage experience for consumers, focusing on both taste and responsibility.
About Venture Catalysts
Venture Catalysts is India’s first integrated incubator. It typically invests $250K – $2 Mn in early-stage start-ups with the potential to create enduring value for a long period of time. Founded in 2016 by Dr Apoorva Ranjan Sharma, Anuj Golecha, Anil Jain and Gaurav Jain, Venture Catalysts has invested in over 300+ startups since inception. The cumulative valuation of the startups invested by Venture Catalysts is $10 billion+. Venture Catalysts has a presence across 55 cities in 9 countries and is one of the most active early-stage investors globally.
Aditya Birla Fashion and Retail Limited (ABFRL) is a prominent player in the Indian fashion industry and is part of the prestigious Aditya Birla Group. With a rich bouquet of leading fashion brands and retail formats, ABFRL is India’s first billion-dollar pure-play fashion powerhouse. The company has an impressive portfolio of businesses, including Madura Fashion & Lifestyle and Pantaloons, two of the most renowned Indian fashion icons. ABFRL has brought together the learnings and expertise of these two brands to create a synergistic core that will act as the nucleus of the future fashion businesses of the Aditya Birla Group. The company’s commitment to innovation and customer satisfaction has earned it a prominent place in the Indian fashion landscape, and it continues to strive for excellence in all its endeavors.
Aditya Birla Fashion and Retail Limited (ABFRL) is a leading fashion and lifestyle company in India that manages an impressive portfolio of well-established brands. Some popular brands under its umbrella include Louis Philippe, Van Heusen, Allen Solly, and Peter England, which have been around for over 25 years. Each of these brands has a distinct identity and offers a unique range of fashionable clothes, footwear, and accessories to cater to the diverse needs of consumers across the country. ABFRL’s commitment to quality, innovation, and customer satisfaction has helped it maintain a strong presence in the highly competitive Indian fashion market. Below is the Aditya Birla Fashion brands list:
Van Heusen is a renowned brand committed to delivering high-quality products designed, sourced, and produced responsibly. The brand’s history dates back to 1881 when it was founded in Pottsville, Pennsylvania. However, it was in 1919 when Dutch immigrant John Manning Van Heusen was granted a patent for a new process he created that fused cloth on a curve, which marked a significant milestone for the brand.
Today, Van Heusen has established itself as a Heritage Brand that balances classic and modern styles while providing comfort and innovation in everyday essentials. The brand is committed to sustainability and protecting the environment, so it has launched a new line of products made from up to 30% recycled materials, including camp shirts, and 100% recycled materials, including polos and tees. The Higg Index played a significant role in helping Van Heusen make better design and material choices, ensuring their products are fashionable and environmentally friendly.
Peter England
Aditya Birla Clothing Brands – Peter England
Peter England is a renowned brand that has been manufacturing traditional British shirts since its establishment in 1890. In its early years, the brand gained recognition as a significant supplier to the British Military. Today, the brand has evolved and is split between two owners, the M2C2 Group from the UK and the Aditya Birla Group from India. Both businesses operate independently, catering to different marketplaces with distinct product ranges.
Despite its evolution, Peter England maintains a current and innovative design philosophy. The brand offers a full range of products, including excellent shirts and fantastic customer service, through its dedicated website launched in 2017. Customers can buy from either of the brand owners with confidence, thanks to the brand’s commitment to quality and customer satisfaction.
Peter England’s success is attributed to its ability to remain updated with the latest fashion trends and closely follow the market and customer demands. This allows the brand to bring new and exciting products much earlier than its competitors. Hence, Peter England has become a reliable and trustworthy brand that customers can rely on for their fashion needs.
Louis Philippe
Aditya Birla Clothing Brands – Louis Philippe
Launched in 1989, Louis Philippe is an Indian brand of men’s apparel and is known for representing their style and status. The name is the first brand to introduce international fashion trends, experimenting with different weaves in fabric, offering seasonal collections, and establishing a widespread clothing range, including trousers, suits, blazers, and accessories. Named after Louis Philippe, King of France, from 1830 to 1848, the brand is one of the largest apparel brands in India as of 2018. Louis Philippe has constantly innovated and ensured that for every occasion, the consumer wore a readymade garment; it had ‘nothing but the best’ in its product offering. It has always stretched the price value equation in favor of the consumer. It identifies each possible occasion of its consumer and offers ‘Nothing but the best’ in merchandise.
The history of Allen Solly dates back to 1744 when William Hollin established it, and Co. Ltd. Madura Garments acquired the brand in the 1990s, further increasing its popularity. Aditya Birla Group took over Allen Solly in 2001, further accelerating the brand’s growth. In 2002, Allen Solly became the first Indian brand to introduce work fashion for women. It was widely welcomed by working women across the country, and it now had a reliable brand that catered to their fashion needs.
Allen Solly is a brand that has had a significant impact on the dressing styles of Indian officials. It is widely recognized as the pioneer in bringing the semi-formal fashion revolution to the Indian market, which has left a lasting impression on the youth and professionals alike. In recent years, the brand has continued to progress rapidly, becoming one of the fastest-growing brands in India.
Van Heusen Innerwear
Aditya Birla Group Clothing Brands – Van Heusen Innerwear
Van Heusen Innerwear has made quite a name since its launch and has emerged as a significant player in the mid-premium segment. Despite being a new entrant in the market, the brand managed to hold its own against established competitors, thanks to its focus on fashion and innovation, coupled with technologically superior quality products.
Van Heusen Innerwear offers various products catering to different needs and preferences. For those who prefer classic styles, the brand offers a range of elevated everyday essentials with timeless design aesthetics and functional finishes. The platinum range, on the other hand, is designed for those who seek premium underwear made of superior fabrications. The signature range is for those who want to make a statement with fashionable underwear that can be flaunted.
But that’s not all. Van Heusen Innerwear also offers an active range of sports innerwear that is function-driven and made with superior performance fabrics, such as 100 percent mesh and neon accents. Whether hitting the gym or playing sports, this range is designed to keep you comfortable and performing at your best.
The Collective
Aditya Birla Clothing Brands – The Collective
The Collective is a one-of-a-kind, super-premium retail concept offering an extensive and exclusive range of high-end fashion brands housed under one roof. With over 100 of the world’s leading fashion brands on offer, The Collective provides a unique perspective on personal style for each individual. The store features a comprehensive range of apparel options, including formal, semi-formal, casual, denim, and activewear, from iconic brands like Armani Jeans, Armani Collezioni, Versace Collection, Versace Jeans, Hugo Boss, True Religion, Vivienne Westwood, Lagerfeld, McQ Alexander McQueen, and many more.
In addition to the apparel collection, The Collective boasts an extensive range of accessories that can be mixed and matched to create the perfect ensemble. The accessory brands include celebrated names such as Love Moschino, Tateossian, Michael Kors, Lulu Guinness, and many more. You can complement your outfit with a wide range of fashion watches, cufflinks, shoes, ties, belts, leather products, jewelry, and sunglasses, all meticulously curated to cater to individual tastes and preferences.
Forever 21
Aditya Birla Fashion Brands – Forever 21
Forever 21 is a popular fast-fashion retailer with a global presence, headquartered in Los Angeles, California, United States. The company was initially founded as a small store named Fashion 21 in Highland Park. Since then, it has expanded its reach to various countries worldwide.
In the summer of 2022, Forever 21 took another significant step towards expanding its operations by opening a new flagship store in India. Aditya Birla Fashion and Retail, a leading fashion company in India, licenses this particular store. The store is expected to offer various trendy clothes and accessories to cater to the Indian market’s ever-growing fashion needs.
Apart from the flagship store, Forever 21 already operates 12 brick-and-mortar stores across India. It also sells its products online through Myntra, a popular online fashion portal in India. The company’s dedication to providing affordable yet fashionable clothing has made it a go-to brand for many fashion-conscious individuals in India.
In August 2017, Aditya Birla Fashion and Retail brands forged a multi-store retail and eCommerce license agreement with the globally renowned fashion giant American Eagle Outfitters Inc. American Eagle Outfitters has been revolutionizing the fashion industry since 1977, focusing on catering to young, trend-setting fashion enthusiasts. As reflected in its designs, the brand has always celebrated individuality, freedom, and self-expression. Each AE jeans is a blank canvas for self-expression, providing a foundation for creating any look. With its representation of American youth culture and casual American style, the brand caters to all young people looking to express themselves and their individuality through fashion. These youths are not just trend followers; they are trendsetters. With their unique sense of style, they have the power to create fashion trends that others can only aspire to follow.
Reebok
Aditya Birla Fashion Brands – Reebok
Reebok International Limited is a well-known American brand that produces high-quality fitness footwear and clothing. Authentic Brands Group currently owns it. It was first established in England in 1958 as a companion company to J.W. Foster and Sons, a sporting goods company.
One of Reebok’s most impressive innovations is the Liquid Factory technology developed by the Reebok Future Innovation House. This technology utilizes a robot to extrude liquid polyurethane and “draw” shoe components without traditional shoe moulds. This allows for greater flexibility and customization in manufacturing, resulting in shoes that fit better and perform better.
In 2021, the Indian and Southeast Asian distribution and manufacturing rights for the Reebok sports brand were acquired by Aditya Birla Group. This move has expanded Reebok’s reach and influence in these regions, allowing more people to access and enjoy their high-quality products.
Ted Baker London
Aditya Birla Fashion Brands – Ted Baker London
Ted Baker is a well-known British clothing retail company established in 1988 in Glasgow, Scotland. Over the years, the brand has expanded globally with more than 500 shops and concessions. Ted Baker London is a fashion and lifestyle brand that elevates everyday Britain by incorporating gleaming details into its designs. The brand aims to offer high-quality clothing and accessories with a quirky and fun British sense of humor. The collection perfectly blends traditional and modern fashion, reflecting popular culture with a touch of style and humor.
The menswear merchandise of Ted Baker London celebrates fashion and the contemporary British spirit. The collection is designed to appeal to men who desire high-quality clothing that is both stylish and comfortable. The quirky and fun designs reflect the brand’s unique sense of humor.
The womenswear line of Ted Baker London is a fresh and feminine mix of exquisite European elegance with London flair, emphasizing surface decoration. The brand’s designers aim to create designs that are both sophisticated and fun, with a focus on attention to detail. The collection is designed for women who want to feel confident and stylish, whether dressing up for a special occasion or dressing down for a casual day out.
Hackett London
Aditya Birla Fashion Brands – Hackett London
Hackett Limited is a well-known British retailer offering its customers multi-channel clothing options. Jeremy Hackett and Ashley Lloyd-Jennings established The company in 1983 in London, England. Initially, Hackett Limited started as a small stall on London’s Portobello Road, where the founders began creating their garments by blending traditional styles with modern cuts. This unique style was perfect for those who wanted to experience Savile Row without the associated costs. Over the years, the brand has grown from strength to strength. It has become a leading provider of traditionally inspired menswear. Hackett Limited boasts a dedicated global following and has over 160 stores in more than 30 countries. The company offers various specific tailoring lines to cater to the particular needs of its customers.
In 2012, Hackett Limited formed a 50:50 joint venture with Madura Fashion and Lifestyle, owned by Aditya Birla. This strategic partnership targeted India’s luxury menswear fashion market. Today, the brand inspires men worldwide with its unique and timeless fashion offerings, backed by a rich legacy of excellence and craftsmanship.
Ralph Lauren Corporation is a prominent American fashion company founded in 1967 by the legendary fashion designer Ralph Lauren. With its headquarters in the bustling city of New York, the company produces a wide range of products that cater to different market segments, from mid-range to luxury. Ralph Lauren is renowned for its exquisite marketing and distribution of products in four categories – apparel, home, accessories, and fragrances. The company’s flagship brand, Polo Ralph Lauren, has enjoyed massive success, and its other brands include mid-range, sub-premium, and premium labels, up to its highest-priced luxury Purple label apparel. Ralph Lauren’s clothing line has significantly influenced fashion trends, and its attention to detail, satisfactory quality, and timeless design have made it a favorite among many fashion enthusiasts.
Simon Carter London
Aditya Birla Brands – Sion Carter London
Simon Carter Ltd. is a renowned British fashion design company specializing in men’s accessories and menswear. It was founded in London in 1985 by its eponymous director, Simon Carter. The brand is celebrated for its unique and playful designs that celebrate the spirit of eccentricity and curiosity.
One of Simon Carter’s notable designs is the ‘Aspirin cufflink’, created in 1995. The cufflink features a small screw-top container that is similar in size to a headache pill. The design was so innovative and creative that Simon Carter was dubbed “The King of Cufflinks” by Absolute magazine, a Brighton-based publication.
Since its launch in London in 1985, Simon Carter has gained a massive following, including the Royal Family, who are among its admirers. In 2017, ABFRL brought the brand to India, where it has continued to grow and excite fashion enthusiasts. The Simon Carter menswear collection is a playful mix of prints and colors, with designs inspired by Simon’s adventures with his pet dog, Gervaise. The brand’s retail identity has also been recognized, winning several awards. With its exuberant merchandise and exciting journey in India, Simon Carter is a brand that continues to captivate its followers and cement its place as a leader in the world of fashion.
Jaypore is a highly regarded ethnic brand that has gained popularity for its exceptional range of artisanal products from India. The brand has been dedicated to making some of the most beautiful Indian products accessible to customers worldwide. Jaypore is committed to preserving and reviving authentic Indian products well-suited for a modern lifestyle. The company sources products from over 70 craft clusters and meticulously curates exquisite collections prominently showcased on its website. The brand’s products are now available in 20 stores across several major cities in India, including Delhi, Bangalore, Mumbai, Pune, Indore, Kerala, Lucknow, Ahmedabad, and Hyderabad.
The brand has earned high respect and reputation quickly, thanks to its handpicked curations and differentiated products. Jaypore has become India’s leading destination for craft-based artisanal goods. The brand’s products are shipped worldwide, catering to a global audience that values Indian craft and heritage.
Tasva
Aditya Birla Brands – Tasva
Tasva is a fashion label created in collaboration with ABFRL and Tarun Tahiliani, one of India’s most renowned fashion designers. The label aims to make Tahiliani’s unique style accessible to a broader range of fashion enthusiasts. For the first time, the designer has ventured into translating his vision for a larger audience of wearers who share his deep passion for Indian hues, silhouettes, and drapery. The pricing of the garments is incredibly affordable, making it possible for people to own an authentic Tahiliani original at a price point that was previously unimaginable.
Tarun Tahiliani is known for his expertise in infusing Indian craftsmanship and textile heritage into a tailored silhouette. At Tasva, he brings his immense understanding of fit, fabric, and fashion to the fore, allowing people to experience the magic of his designs first-hand. The label is a celebration of Indian fashion and culture, and it reflects Tahiliani’s vision of creating timeless pieces that are both elegant and contemporary. Aditya Birla Fashion and Retail has strategic partnerships with designer Tarun Tahiliani.
Marigold Lane
Aditya Birla Brands – Marigold Lane
Marigold Lane is a famous Indo-western brand that understands the needs and preferences of the modern Indian woman. This brand offers refined ethnic fusion apparel that perfectly reflects the unique and multi-dimensional personality of independent Indian women. The collection boasts an elegant mix of contemporary silhouettes, vibrant prints, and elevated fabrics that cater to the evolved style sensibility of today’s women. Each design story from Marigold Lane is carefully crafted with a different aesthetic, drawing inspiration from art, architecture, and cultures across the globe. The brand offers a premium outlook with novelty in artistry and carefully chosen fabrics that elevate the overall look and feel of the apparel.
Marigold Lane is more than just a brand. It is a complete women-centric take on ethnic fashion that aims to change the old and boring narrative with fresh experiential shopping full of zest. The first Marigold Lane store has been designed to make an empowering statement, creating an environment where women can feel comfortable, confident, and beautiful.
Sabyasachi Mukherjee, a renowned Indian fashion designer, was born on 23 February 1974 in a middle-class Bengali family. Since his childhood, he has had a keen interest in handicrafts and craftsmanship. The ace designer Rohit Khosla was inspired by his inclination towards design and fashion. In 2005, Sabyasachi debuted in Bollywood as a costume designer for Sanjay Leela Bhansali’s film “Black,” which earned him the National Award for Best Costume Designer for a Feature Film.
Sabyasachi’s love for Indian handlooms led him to bring the best of Indian threadcraft and designs to the forefront. He has successfully built a brand that is truly Indian at heart and global at scale. His unique and elegant designs have made him a favorite among Indian brides, and his fans have coined the term “Sabyasachi Bride” for women who aspire to wear his creations on their special day. Sabyasachi’s contributions to the fashion industry have been remarkable. He has revived traditional Indian textiles, including Benarasi weaves, Kanjeevarams, and Chikankari, and has given them a contemporary twist. His designs reflect a perfect blend of traditional and modern aesthetics, making them timeless and appealing to people of all ages and cultures.
Shantnu and Nikhil
Aditya Birla Fashion Brands – Shantnu and Nikhil
Shantnu & Nikhil is a renowned Indian Couture label founded by two brothers, Shantnu Mehra, and Nikhil Mehra, in 2000. Recently, Aditya Birla Fashion and Retail Limited (ABFRL) acquired a majority stake of 51 percent in Finesse International Design Private Limited, the parent company of this luxury fashion label, in a 60-crore deal. Over the last two decades, Shantanu and Nikhil have brought a refreshing perspective to the Indian fashion industry by blending the richness of vintage India with the modern celebratory spirit of the country. Their brand philosophy revolves around inclusivity, gender fluidity, and offering sartorial choices that challenge the conventional norms of bridal wear.
This belief has created the foundation of the Shantnu & Nikhil philosophy, which has redefined the Indian fashion narrative. With ABFRL’s partnership, the label aims to take its unique blend of traditional and contemporary fashion to a global audience and reinvent the conversations around luxury wear. Shantnu & Nikhil’s journey as a brand has been marked by progressivism and distinctiveness, which has made it one of the most sought-after couture labels in the country. With ABFRL’s backing, Shantnu & Nikhil are poised to take Indian fashion to new heights and set new benchmarks in the industry.
Masaba
Aditya Birla Fashion Brands – Masaba
House of Masaba is a proud diffusion label in India that takes pride in its Caribbean heart. The brand was established in 2009 by Masaba Gupta to blend two diverse cultures and thoughts to create unconventional motifs and prints that can transform everyday mundane items into something whimsical and extraordinary. The label’s fusion of Masaba’s cultural identity with her aesthetic has given a whimsical twist to the modern style.
House of Masaba caters to women across all age groups and body types with fuss-free and unique silhouettes that are not restricted to any specific size or stereotype. It is a diffusion line that has made its mark in resort wear and destination weddings. The brand’s signature colors, motifs, and aesthetics have found their way into collaborations across all product categories. Over the years, the brand has expanded into Menswear, Fashion Jewellery, Swimwear, and Beauty.
The partnership with ABFRL brands aims to create a young, aspirational, and digital-led portfolio across the affordable luxury segment in the fashion, beauty, and accessory categories. The idea is to offer something for everyone and cater to the needs of people who want to indulge in luxury at an affordable price. With House of Masaba, customers can expect unique silhouettes, quirky prints, and vibrant colors that are sure to make a statement.
Style Up
Aditya Birla Fashion Brands – Style Up
Aditya Birla Fashion and Retail (ABFRL) recently introduced a new chain of value fashion stores called Style Up. These stores offer a wide range of ethnic and Western clothing and accessories for men, women, and children, catering to the needs of all age groups. Style Up’s primary focus is to provide its customers with affordable yet high-quality fashion clothing.
One of the most attractive features of Style Up is that they regularly update their merchandise to offer their customers something new and fashionable for every occasion. The chain targets shoppers in small cities across India, providing them with an excellent opportunity to access the latest fashion trends without traveling to bigger cities. The stores are typically large format, covering an area between 6,000 sq ft to 8,000 sq ft. This ensures that customers can browse various products in a spacious and comfortable environment. The chain’s focus on quality and regular product updates make it an excellent choice for those who want to stay up-to-date with the latest fashion trends.
TMRW
Aditya Birla Fashion Brands – TMRW
TMRW is a unique “House of Brands” venture powered by technology and backed by the Aditya Birla Group. With over 50 years of experience building successful businesses and beloved brands, the Aditya Birla Group is known for creating long-lasting and memorable consumer products. TMRW’s ultimate goal is to accelerate brands that cater to every aspect of consumers’ lifestyles. The venture is focused on empowering fashion and lifestyle brand founders by providing them with cutting-edge technology and innovative designs tailored to their target audience‘s needs and preferences. TMRW believes in creating brands that are not only aesthetically pleasing but also functional and responsive to consumers’ needs. With a passion for innovation and a commitment to excellence, TMRW aims to revolutionize the fashion and lifestyle industry through technology, creativity, and consumer-centric design.
Pantaloons
Aditya Birla Fashion Brands – Pantaloons
Pantaloons, a famous fashion brand, began its journey in 1997 under the Future Group, with Kishore Biyani at the helm. It was initially incorporated as Manz Wear Private Limited and underwent a series of name changes before being rebranded as Pantaloons Retail Limited on July 7, 1999. Later, the brand was acquired by the renowned Aditya Birla Group.
Pantaloons has established itself as a go-to destination for fashion-savvy and style-conscious individuals, especially the trendsetting millennial customer of today, who is confident, expressive, and always looking for something new and exciting. With a vast collection of over 200 world-famous brands, the brand offers various styles across categories and occasions.
Pantaloons’ vast collection of trendy clothing, accessories, and footwear caters to the ever-evolving fashion needs of its discerning customers. With a focus on quality, comfort, and affordability, the brand provides its customers with everything they need to enhance their clothing style. In summary, Pantaloons is a playful and youthful fashion destination that inspires you to express your unique style with confidence and flair.
Fred Perry is a British brand renowned for its distinctive and stylish sport and casual fashion label, founded in 1952. The brand was named after Frederick John Perry, a legendary tennis player and one of the founders. The brand has earned its place in the fashion industry and has become famous for its polo t-shirts, which have been the epitome of style since the 1950s.
What sets Fred Perry apart is its ability to create stylish, well-fitted sports outfits, making it a fashion label that introduces practical, well-fitted sports outfits to the fashion world. The brand has achieved the perfect blend of sportswear and street fashion, making it a go-to brand for fashion-conscious individuals who want to look good while staying comfortable and active.
Fred Perry’s iconic laurel wreath logo has become a symbol of style and quality, and its clothes are worn by people worldwide. The brand’s product range has expanded to include a wide range of sportswear, casual wear, and accessories that cater to every individual’s fashion needs. From classic polo shirts to stylish jackets, Fred Perry has something for everyone, making it a brand that has stood the test of time and continues to be a fashion leader.
TIGC
Aditya Birla Fashion Brands – TGIC
Founded in 2012 by Anant Tanted, The Indian Garage Company (TIGC) has built a strong reputation as a fast-growing, asset-light, EBITDA-positive D2C brand in the casual wear space. In 2023, TMRW backed TIGC with an investment of ₹155 crore, recognizing its impressive growth story.
Focused on bringing trendy casual fashion to India’s Gen-Z consumers, TIGC is now aiming to expand across multiple sub-categories and reach even more customers across the country.
Beyond its flagship TIGC brand, the company has recently launched FreeHand, a women’s wear line, and HardSoda, a plus-size clothing brand, further broadening its appeal.
Looking ahead, TIGC plans to continue its momentum by expanding into new categories and go-to-market channels, while tapping into the power of technology to drive the next phase of its growth.
Bewakoof
Aditya Birla Fashion Brands – TGIC
At Bewakoof, it’s never just about clothes — it’s about making a statement! Since 2012, we’ve been all about celebrating individuality with styles that are comfortable, bold, and full of personality.
From unique prints to the latest must-haves in casual wear, loungewear, and accessories, everything we create is designed to help you express yourself loud and proud.
Our collections are packed with fresh energy, perfectly in tune with the unstoppable spirit of today’s youth. Plus, with 30+ official fandom merchandise options, Bewakoof gives you the perfect way to show off your passions and vibe with your squad in style.
FAQs
What is Fred Perry?
Fred Perry is a British brand renowned for its distinctive and stylish sport and casual fashion label, founded in 1952.
When was Pantaloons founded?
Pantaloons began its journey in 1997 under the Future Group, with Kishore Biyani at the helm. It was initially incorporated as Manz Wear Private Limited and underwent a series of name changes before being rebranded as Pantaloons Retail Limited on July 7, 1999. Later, the brand was acquired by the renowned Aditya Birla Group.
What is Tasva?
Tasva is a fashion label created in collaboration with ABFRL and Tarun Tahiliani, one of India’s most renowned fashion designers. The label aims to make Tahiliani’s unique style accessible to a broader range of fashion enthusiasts.
Which is Allen Solly parent company?
Allen Solly, originally founded in England in the 18th century, was fully acquired by Madura Garments (part of the Aditya Birla Group) in 1993.
Sridhar Vembu is a standout figure in the world of tech business. He’s the founder and CEO of Zoho Corporation, known for his fresh ideas and bold moves. Vembu’s way of doing things is different, shaking up how business software works. He’s all about pushing boundaries, bouncing back from setbacks, and helping businesses worldwide thrive.
Back in 1996, Vembu and his siblings started AdventNet, which later became Zoho Corporation. They didn’t have much money, but they had big dreams to change the game in enterprise software. Over time, from a small office in Chennai, their company grew into a big deal, serving millions worldwide.
As Zoho keeps innovating and challenging the norm, Vembu’s reputation as a forward-thinking leader is solid. His journey from a small-town entrepreneur to a global influencer shows how determination, new ideas, and aiming for excellence pay off.
In a world hungry for genuine leadership and real progress, Sridhar Vembu shines as a prime example of what can happen when passion, purpose, and values come together just right.
In this StartupTalky story, let us learn about Zoho founder Sridhar Vembu’s success story, early life and childhood, life history, personal life, education, philanthropy, controversies, and more.
Born in 1968 in a village in Thanjavur district, Tamil Nadu, India, Vembu’s path to becoming a tech leader is marked by a mix of academic success, entrepreneurial drive, and a strong commitment to making a positive impact on society. After finishing his bachelor’s degree in electrical engineering at the Indian Institute of Technology, Madras, and getting a Ph.D. from Princeton University, Vembu stepped into entrepreneurship with a clear goal of making technology accessible to all.
Sridhar Vembu has a son with special needs, with Pramila Srinivasan.
Sridhar Vembu – Early Life
The Zoho founder earned his Ph.D. and took up a teaching position in Australia. He went there but returned after just two weeks, quitting the job. His career began at Qualcomm in 1994 in San Diego, California, before he moved to the San Francisco Bay Area. Before starting AdventNet, Sridhar worked as a wireless systems engineer at Qualcomm, Inc., where he had the chance to collaborate with top experts in wireless communications.
Sridhar Vembu – Career
Vembu is dedicated to helping small and medium-sized businesses (SMEs) succeed, as seen in Zoho’s range of products. They offer everything from customer relationship management (CRM) and enterprise resource planning (ERP) software to tools for productivity and teamwork. Zoho makes sure these solutions are affordable, customizable, and easy to use, making top-notch software accessible to all businesses, regardless of size.
Furthermore, Vembu’s belief in “Zoho as a platform” emphasizes his desire to create a space for innovation and teamwork. With Zoho’s platform approach, which brings together different business applications seamlessly, Vembu aims to make workflows smoother, boost productivity, and help companies in various sectors embrace digital change.
Zoho founder Vembu, shared his thoughts on the real-world impact of AI on jobs in a recent post on X. In a post on X on 26 April, 2025, Vembu highlighted that despite vendors promising significant cost savings by replacing jobs with AI, the actual impact on the labor market has been “small” so far. He emphasized the need to stay cautious about the gap between hype and reality when assessing new technologies. While acknowledging that AI is progressing quickly, Vembu noted that its real effect on employment remains limited at this point. “The field is advancing fast, and I personally believe it will have an impact, but we haven’t seen it yet. It’s always wise to distinguish between hype and reality when evaluating any technology,” he wrote.
Vendors are promising large savings from eliminating jobs using AI but according to the study linked below [at least so far] the labor market impact of AI is “small”.
The field is moving fast and I personally believe there will be impact but we have not seen the impact yet. It…
Sridhar Vembu’s leadership at Zoho stands out for its ethical values and long-term focus, prioritizing sustainable growth, customer satisfaction, and employee well-being. He believes success should be measured not just financially but also by societal impact.
Despite his impressive achievements, Vembu remains humble, crediting Zoho’s success to teamwork and shared values rather than individual brilliance. Zoho, under his guidance, has seen significant financial growth, with a net profit of INR 2,836 Cr in FY23, a 3.2% increase from its previous year.
Zoho’s user base surpassed 10 crores in 2023. The company emphasizes increasing research and development spending to strengthen its technology foundation.
Zoho Financials
With over 55 apps and more than 15,000 employees, Zoho’s clients include major companies like Netflix, L’Oréal, and PayPal. In FY23, Zoho’s operating revenue grew nearly 30%, surpassing INR 2,800 crore in profits, and its total revenue reached INR 8,703.6 crore.
Geographically, North America leads with INR 3,988.8 crore in revenue, followed by Europe, Asia, and Latin America. While Zoho’s profits increased to INR 2,836 crore in FY23, its cash inflows from operations declined by 9% due to rising expenses.
Sridhar Vembu – Zoho
Vembu’s leadership stands out for his focus on self-sufficiency and simplicity. While many in Silicon Valley seek large amounts of venture capital, Vembu chose a different path for Zoho, preferring to grow the company using its profits. This choice helped Zoho keep control over its direction and adapt well to economic changes and market ups and downs.
In May 2022, Zoho put $2.5 million into Genrobotics, a startup focused on ending manual scavenging with innovative solutions.
Sridhar Vembu – Philanthropy
Apart from his business achievements, Vembu strongly supports social entrepreneurship and development in rural areas. His projects, like Zoho Schools of Learning and Zoho Rural Schools Program, show his dedication to using technology to uplift society and close the digital gap. Through education, training, and job opportunities for underprivileged communities, Vembu not only changes lives but also nurtures future talent.
Vembu also sponsors a school for rural children in southern Tamil Nadu and operates Zoho University, providing training for students who finished 12th grade and have specific math and tech skills.
Sridhar Vembu – Controversies
Sridhar Vembu responded to a post on X on November 15, 2024, stating that people who live in Bengaluru should learn to speak Kannada. He mentioned that not speaking the local language is disrespectful. This comment received mixed reactions from social media users.
I agree with this sentiment. If you make Bengaluru your home, you should learn Kannada and your kids should learn Kannada.
Not doing so after living many years in Bengaluru is disrespectful.
I often request our employees in Chennai coming from other states to make an effort to… https://t.co/1cIQ47FMjn
Sridhar Vembu’s wife, Pramila Srinivasan, accused him of transferring company shares to family members without her approval. Vembu denied these claims on Twitter, stating he didn’t neglect his family financially or transfer shares. The couple has been going through a divorce in a California court since August 2021.
In January 2020, Vembu faced criticism for attending an event organized by the RSS as the guest of honor. He defended his participation, stating it was his personal decision.
In October 2018, a former Zoho product marketing manager resigned after a disagreement with Vembu regarding a post on the company’s internal discussion forum. The employee claimed Vembu was hostile towards him for criticizing the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist organization.
Sridhar Vembu – Awards and Recognitions
Sridhar Vembu – Entrepreneur of the Year Award
Vembu received the 2019 Ernst & Young “Entrepreneur of the Year Award” in India.
He was also honored with the Padma Shri, India’s fourth-highest civilian award, in 2021.
Furthermore, in 2021, he was appointed to India’s National Security Advisory Board (NSAB).
Additionally, he was named the CNN-News18 Indian of the Year in 2022.
FAQs
Who is Sridhar Vembu?
Sridhar Vembu is the founder and CEO of Zoho Corporation.
When was Sridhar Vembu born?
Sridhar Vembu was born in 1968 in a village in Thanjavur district, Tamil Nadu, India.
What is Zoho Corporation?
Zoho Corporation, an Indian multinational technology is a renowned provider of computer software and web-based business tools.
What is the net worth of Sridhar Vembu?
As per Forbes, the net worth of Sridhar Vembu is $5.85 billion.
Where is Sridhar Vembu native place or birthplace?
Sridhar Vembu was born in a village in Thanjavur district, Tamil Nadu, India.
What is Sridhar Vembu education?
Sridhar Vembu holds a bachelor’s degree in electrical engineering from the Indian Institute of Technology (IIT) Madras. He also earned a master’s degree in electrical engineering from Princeton University.
Who are Sridhar Vembu children?
Sridhar Vembu has a son with special needs, with Pramila Srinivasan in his family.
