Zuora Expands India Footprint with New Office in Chennai
With a 200-person capacity, engineering talent at the new office will help drive global product innovation in the Subscription Economy
Zuoraโs team in India has grown 3x in the last two years and plans to expand hiring
Chennai, Zuora, Inc. (NYSE: ZUO), a leading monetization platform provider for recurring revenue businesses, announced the opening of a new office in the Brigade World Trade Centre, Chennai, to support its largest employee population outside of the U.S. The office was inaugurated today by Zuoraยฎ Founder and Chief Executive Officer Mr. Tien Tzuo, and is a hub for product and engineering talent focused on global product innovation.
Zuoraโs new Chennai office is 20,115 square feet with a 200-person capacity. Equipped with state-of-the-art technology and resources, the office includes space for both group collaboration and independent focus. It also offers a kitchen and cafรฉ area for colleagues to connect beyond work.
โWeโve intentionally designed the new Chennai office to support our vision for the future of work, empowering teams to determine how they work best in an environment thatโs collaborative, flexible and inclusive,โ said Mr. Tien Tzuo, Founder & Chief Executive Officer, Zuora. โIndia is a strategic centre for skilled talent, and we look forward to growing Zuoraโs team, accelerating product innovation and helping the worldโs best companies win in the Subscription Economyยฎ.โ
Zuoraโs team in India has grown 3x in the last two years to 450 across the country. The company plans to continue its headcount expansion over the next two years and beyond.
Born out of a vision to evangelize a fundamentally new way of doing business, Zuora was started in 2007 when Mr. Tien Tzuo recognized a major economic shift to deliver recurring, people-centric subscription services instead of one-time product sales, coining the term the โSubscription Economy.โ This transformation has led to a rise in new digital services, rooted in ongoing customer relationships, focused on desired outcomes and experiences. These businesses continue to grow faster than traditional, product-based businesses: Subscription businesses in Zuoraโs Subscription Economy Index have outpaced S&P 500 growth rates by 4.6x over the past decade.[1]
For more information, please visit Zuoraโs website at www.zuora.com.
[1] โThe Subscription Economy Index Report,โ Zuora, February 2022
