Nine-year-old Hyderabad headquartered product studio Zemoso, has announced today that is targeting to have an headcount of 2000 people by 2023.
It will begin by doubling of its workforce from 300 to 600 by 2022 and to hire 2000 additional workforce by 2023.
Zemoso currently employs 300 people in India (Hyderabad) & the USA (Dallas, TX). It has also announced a new initiative to help women who are on a work break to get back to work.
Zemoso helps startups, entrepreneurs and innovators, to build digital products, to take their ideas from concepts to scale. It is a full-stack innovation service company that collaborates with innovators by bringing in product strategy, experience design, and deep tech engineering capabilities.
Over the three years, it helped a signiﬁcant number of startups to raise over $900 million in funding.
Zemoso’s core team consists of deep product expertise in taking products from idea to scale. Talking about its successful business model and its growth plans,
Zemoso Launches Zariya initiative to help women get back to work
Satish Madhira, CEO, Zemoso, says
A self-funded company Zemoso had maintained a compounded annual growth rate of over 67%. Over the next 3 years, our goal is to grow 600% from our FY 2021 numbers, he adds.
Zemoso is a fast-growing company and has been listed by Deloitte India under fast 50 for three years since its inception.
Sathish Madhira added
30% of our workforce is women, our motive and focus to promote women at work is to bring gender diversity to our workplace. They bring in unique viewpoints, ideas and insights and we consider them vital to our growth. Our current men-women ratio is at 2.5:1, we actively invite women engineers who have taken a career break from 6 months to – 6 years to get back to work with Zemoso.
The business model of Zemoso has various outcome-tied models including equity participation for the right startups apart from capacity pricing models for larger startups/companies that have found product-market ﬁt.
Zemoso positions itself as the best product studio from India for startups, and innovators and is a niche player that brings a full set of practices from product management, strategy, design, and deep engineering skills with a startup mindset.
Zemoso’s founders have been building successful products of their own for a while when India was not known for building products, as early engineers of Zoho (when the company was called AdventNet), founders of YASU (acquired by SAP AG)
Zemoso’s success in 3 years, is collective expertise that brought enormous value to innovators.
Zemoso’s offerings are:
Product strategy and design: Here we work with startups and innovators using lean startup and design thinking methodologies to get them to rapid prototypes to test their market.
Growth and Digital marketing: We enable digital marketing, market demand visibility, and validate the market for a product.
Deep Product engineering: Our product engineering team consists of wide areas of deep tech experience including NLP (natural language processing), cyber security, UI engineering, devops, architectural advisory, deep back-end expertise, and automated QA. Deep tech expertise enables us to build products at scale rapidly.
Agile project management: We bring in a self-organized pod that executes in a high environment of uncertainty that is typical of innovation.
Labs: Our labs incubate new ideas and IP for customers. A product that is incubated from the labs is Textractive that helps detect intents and summarizes human conversations.
To know more about Zemoso: https://www.zemosolabs.com/