Billionaire-backed Zoho launches first Sydney office ahead of local hiring spree
The cloud software group said booming customer demand has led it to open a second Australian office and fire up a recruitment drive as its local SaaS peers scale back.
Indian cloud software giant Zoho has opened its second office in Australia as it aims to more than double its local headcount, shrugging off fears of a “SaaSpocalypse” that has pushed peers such as Atlassian and Block to shed thousands of workers.
The Chennai-headquartered company, owned by the billionaire Vembu family, will open its Parramatta office this week, having set up its first base in Adelaide in 2019.
“When we started off, we wanted to go slow,” Zoho’s head of ANZ Rakesh Prabhakar told Capital Brief.
“It was challenging to set up an office in Sydney. It was the time of the ‘great resignation’. It was very hard because the talent pool was limited. Almost all tech firms were buying for the same talent. That’s how we ended up in Adelaide.”
