India, Dec. 4 -- Sridhar Vembu revealed that Zoho has eliminated mandatory college degree requirements for job roles, focusing on skill-based hiring. In his tweet, he also shared advice for Indian parents to allow young people to pave their own way.

He started by expressing his admiration for smart American students. "Smart American students now skip going to college and forward-thinking employers are enabling them. This is going to be a profound cultural shift. This is the real 'youth power', enabling young men and women to stand on their own feet, without having to incur heavy debt to get a degree and paying their own way. This trend will change the way they view the world and it will change culture and politics."

He added, "I would u...