The cloud software provider has reportedly invested nearly $10m in a total of five startups, including Zentron Labs and VTitan.

India-based cloud software producer Zoho has invested a total of almost $10m in five startups, including machine-vision technology startup Zentron Labs and medical device developer VTitan, according to the Economic Times.

Sridhar Vembu, Zoho’s chief executive, told ET: “We are investing in companies that think like Zoho.

“We are not venture capitalists and exits are not what we are looking for through these investments.”