US EditionExclusive: US court orders Zoho’s Sridhar Vembu to post $1.7 billion bond in divorce case
The court found undisclosed asset transfers and risk of property loss justified protective actions, including a $1.7 billion bond and a receiver for Zoho's US and personal assets.
9 Articles
9 Articles
Sridhar Vembu’s Counsel Accuses The News Minute Of Misleading Reporting On Divorce Case, Calls Bond Order ‘Invalid And Old News’
Legal counsel representing Zoho founder Sridhar Vembu has sharply disputed the framing and claims made in a recent article published by The News Minute (TNM), accusing the outlet of omitting crucial facts and mischaracterising interim court proceedings in an ongoing divorce case in California. According to Vembu’s counsel, the TNM article relies on a court order that was issued nearly a year ago on an emergency application filed by Vembu’s wife.…
The News Minute
NewslaundryExclusive: US court orders Zoho’s Sridhar Vembu to post $1.7 billion bond in divorce case
In a strongly-worded order, a California court, where Sridhar’s divorce petition is being heard, said the tech billionaire has not been transparent about certain financial transactions and acted “without regard for the law”.
US court orders Zoho chief to post USD 1.7 billion bond in divorce case
Vembu returned to India towards the end of 2019 and initiated divorce proceedings in 2021, a case that subsequently drew significant public attention. The court order, issued in January 2025, followed an ex parte application filed by his wife, Pramila Srinivasan, in November 2024.
A deep dive into the Sridhar Vembu Zoho divorce bond ruling
When a tech founder's divorce becomes public, it often focuses on the financial sums involved. However, the case between Zoho co-founder Sridhar Vembu and his ex-wife Pramila Srinivasan is notable for a different reason. A California court ordered Vembu to post a $1.7 billion bond.The ruling has broader implications than a typical high-profile split, prompting conversations about corporate governance, founder financial transparency, and the inte…
Zoho co-founder Sridhar Vembu ordered to post $1.7 billion bond in divorce dispute
A California court has ordered Zoho co-founder and chief scientist Sridhar Vembu to post a $1.7 billion bond in an ongoing divorce case with his former wife, Pramila Srinivasan, and paused certain asset transfers linked to the software company. The order was issued by the Superior Court of Alameda County as part of divorce proceedings between Vembu and Srinivasan, who were married for nearly three decades. The court said the bond was necessary t…
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