Emerging Indian Saas Leaders: Zenoti's Sudheer and Dheeraj Koneru
Zenoti offers cloud software that takes care of everything needed to run salons, spas and fitness centres, and large chains of such businesses, and became India's first 'vertical Saas' unicorn in 2020
Sudheer Koneru, founder and CEO, Zenoti
When Zenoti became a unicorn in December 2020, it was perhaps the first Indian ‘vertical SaaS’ startup to hit that milestone. Since then, the company raised more money and boosted its valuation to $1.5 billion last June with an investment led by TPG.
Zenoti, founded in 2010 by Sudheer Koneru and Dheeraj Koneru, offers cloud software that takes care of everything needed to run salons, spas and fitness centres, and large chains of such businesses. Like Fantastic Sam, a chain of 700 walk-in hair salons in the US and Canada. The salon chain’s franchisees will switch to Zenoti’s all-in-one cloud software solution soon, which will help streamline the chain’s operations and manage bookings, employees, marketing, and financials all in one place.
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And Zenoti is bringing new mobile capabilities to the salons, allowing guests to manage bookings, referrals and loyalty points from their smartphones. The company’s 650 employees in eight offices around the world support such businesses in 15,000 locations in 50 countries.
