Zoho has invested AED 100M to expand in the United Arab Emirates

A software-as-a-solution (SaaS) company In the yearZohoIn the year He stated that he is investing 100 million dollars or around 27.23 million dollars for the expansion in the United Arab Emirates.

This was announced during the company’s annual conference Zooholics Dubai. Co-founder and CEO Sridhar Vembu said the expansion will help the company integrate itself into the local community and bond with the local culture. Gulf trade.

Zoho will use the capital to boost hiring and talent programs, localize products, and partner with companies to help local businesses with their digitalization efforts.

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The company has partnered with various organizations in the region, including the Department of Economy and Tourism and Dubai Culture, to provide enterprise technology to businesses. It has partnered with educational institutes like Manipal Academy of Higher Education and Emirates Academy of Hospitality Management to offer courses of excellence.

As of 2020, Zoho has helped more than 3,500 SMEs with its cloud technology through various partnerships. It has also invested $1.22 million (AED 4.5 million) to develop the digital literacy of over 200 students and over 300 companies.