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Zoho CEO Sridhar Vembu's Rs 15,000 Crore Divorce Among World's 4th Costliest

Zoho founder and CEO Sridhar Vembu is at the centre of one of the world's costliest divorces, with a California court ordering  him to deposit a $1.7 billion bond (around Rs 15,000 crore) amid divorce proceedings with his wife Pramila Srinivasan. The case is the most expensive divorce involving an Indian businessman and ranks among the four costliest divorces worldwide. Vembu's net worth is estimated at $5.85 billion, placing him among India's 40 richest people, though most of Zoho's shares are held by his siblings. The company, privately held, employs 12,000 people and serves 80 million users globally. Vembu married Pramila Srinivasan in 1993, and the couple has a son. After nearly 25 years in the US' San Francisco Bay Area running Zoho, he moved in 2020 to Tamil Nadu to oversee rural initiatives and run Zoho from India. Pramila Srinivasan filed for divorce in 2020. She alleged that Vembu abandoned her and their son, who has special needs, and secretly transfe...
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OnePlus Open Launch Event Highlights: OnePlus Launches Its First Foldable

OnePlus Open made its debut today as the first foldable phone from the Chinese smartphone maker. The handset features the same specifications as the Oppo Find N3 that was launched in global markets earlier today. The company confirmed that the handset will be equipped with Sony's newest LYTIA-T808 camera sensor. The handset is also confirmed to feature a waterdrop-style hinge. Other details of the handset that were previously leaked, matched the specifications of the Oppo Find N3.



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