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.”

James Mawson

James Mawson is founder and chief executive of Global Venturing.