Checkmate for Sridhar Vembu: The $1.7 Billion Bond That Could Expose the Truth Behind Zoho's Billion-Dollar Claims
Checkmate for Sridhar Vembu The Court's Unprecedented Order A California court issued a strongly worded order in January 2025, requiring Zoho co-founder Sridhar Vembu to post a massive $1.7 billion bond . This unusual step protects his ex-wife Pramila Srinivasan's interests in their community assets during their long-running divorce proceedings. The judge criticized Vembu for lacking transparency in financial transactions and acting "without regard for the law." The court also appointed a receiver to oversee several Zoho U.S. entities and Vembu's personal holdings, halting certain asset transfers to prevent further issues. Background of the Divorce Dispute Vembu filed for divorce in 2021 after nearly three decades of marriage. Pramila alleges that Vembu transferred significant Zoho stakes and intellectual property without her knowledge, potentially reducing her share of marital assets. She claims these moves, including shifts to family members or associates, aim...
