Vembu Offers Half of Zoho Stake in Divorce, Wife Declines

Zoho founder Sridhar Vembu has offered to transfer 50% of his shareholding in Zoho Corporation to his estranged wife Pramila Srinivasan as part of ongoing divorce proceedings in the United States, but the proposal has reportedly been rejected by her.

The disclosure comes amid a high-profile and closely watched legal battle following the couple’s separation after nearly three decades of marriage. Vembu, one of India’s most prominent tech entrepreneurs, is said to have made the offer as a settlement measure, positioning it as a fair division of marital assets linked to Zoho, the privately held software firm he co-founded.

However, Srinivasan declined the offer, according to reports, arguing that the proposal does not adequately address broader issues surrounding asset valuation, control, and financial transparency. Legal filings indicate that the dispute goes beyond a simple division of shares and includes questions over the structure of Zoho’s ownership, overseas entities, and the timing of asset transfers.

The divorce case, being heard in a California court, has drawn attention due to its scale and potential implications. Zoho, which operates globally and serves millions of users, is privately held, making valuation and share transfer particularly complex. Court proceedings have also reportedly involved discussions around safeguarding marital assets and ensuring compliance with California’s community property laws.

Vembu has publicly maintained that he has acted in good faith and has supported his family, while also disputing several claims made in court. Srinivasan, on her part, has alleged that key decisions affecting marital assets were taken unilaterally.

As the case continues, it remains one of the most significant divorce disputes involving an Indian technology founder, with potential legal and financial ramifications extending well beyond the personal lives of those involved.