New Delhi, Jan. 27 -- Cloud software startup Zoho Corporation's CEO Sridhar Vembu, in his social media post on platform X, announced on January 27 that co-founder Shailesh Kumar Davey will take over his spot as the new group CEO.

Sridhar Vembu also disclosed that he will take the new role of Chief Scientist in the company and will be responsible for research and development initiatives.

"I will step down as CEO of Zoho Corp and take a new role as Chief Scientist, responsible for deep R&D initiatives. Our co-founder Shailesh Kumar Davey will serve as our new group CEO," said Vembu in his post on X.

Shailesh Kumar Davey and Sridhar Vembu are the co-founders of Zoho Corp. He has a Bachelor in Technology (B.Tech) degree in Metallurgy, a st...