Meanwhile Srinivasan, who got a PhD in electrical and computer engineering from Purdue University in 1997, says she worked to support the couple during these early years. Since 2010 she has run a company called MedicalMine that provides electronic health records. She also takes care of their 23-year-old son, who has autism and special needs, and started a nonprofit, The Brain Foundation, in 2019 to support research and treatment for people with autism.
By the end of 2011, more shares were issued and a new shareholding structure was set forth: according to a cap table filed by Srinivasan’s lawyers, Vembu’s sister Radha got a 49% stake, her husband Dandapani received 34%, Thomas held 8% and Vembu 5%, with three others owning the remaining 4%. Thomas and Vembu sold Zoho’s intellectual property to the new entity ZPCL for $50 million, though it’s unclear how and when the money was paid.
Vembu is adamant he did nothing wrong. In his sworn declaration in January, Vembu says “I never transferred my ownership interest in the Zoho Corporation to Radha without consideration.” His uncle suggests in his deposition that Vembu might have bigger plans. Vembu, who supports the ruling BJP party in India and Prime Minister Narendra Modi, could go into politics: “Now that he has money, next thing is power.”
Since when did you become an episode of divorcecourt