Zoho CEO Sridhar Vembu’s wife accuses him of fraud

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Zoho CEO and co-founder Sridhar Vembu’s wife Pramila Srinivasan has accused him of fraud in a petition filed in a California court.

According to a report by Forbes, Sridhar Vembu’s wife Pramila Srinivasan complaint in a California court. She said that her husband had “abandoned” her and their “son with special needs” in the US in 2020. He also transferred some ‘Zoho’ shares owned by the couple without telling her or seeking her permission

Sridhar Vembu denied all the allegations that he was trying to cheat on his wife, who filed a complaint in a California court in January.

On Tuesday he took to Twitter to post a lengthy thread. Denying allegations that he was trying to cheat his wife, who had filed a case in a California court in January.

According to a report by Forbes, Vembu, has been running Zoho for two decades as its co-founder and CEO. The company is mostly owned by his sister Radha (47.8 percent stake) and his brother Shekhar (35.2 percent stake).

ALSO READ: Zoho’s Radha Vembu-India’s third richest woman

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