Sridhar Vembu, Zoho Corp's chief executive officer (CEO), said on Tuesday a report that he financially abandoned his wife and son is "complete fiction". An article in Forbes magazine alleged Vembu, founder of the Indian SaaS company, had abandoned his wife Pramila Srinivasan and their special needs son in the US in 2020. The article alleged that Vembu transferred to his relatives some shares he owned without discussing the matter with Srinivasan. Her foundation also is supported by Zoho,” said Vembu on Twitter. Vembu denied that he transferred shares.

Source: Forbes March 15, 2023 00:52 UTC