ManageEngine, the IT enterprise management division of Zoho, saw its India revenue grow 27-28 per cent in calendar year 2025. For the quarter ending March 2026, it posted a 25 per cent year-on-year growth.
Speaking to , Rajesh Ganesan, CEO, ManageEngine said that despite global uncertainties, the India market has seen healthy growth.
Globally, he said that the geopolitical issues have led to unpredictability in the market and delayed enterprise decision-making but the company has still managed to see encouraging numbers without revealing exact figures.
“Given the unpredictability, it no longer makes sense to strategise too far into the future like 6-12 months. We are looking at things quarter-to-quarter and so far the numbers have been encouraging despite the challenges,” he said.
Meanwhile, ManageEngine has rolled out Zia Agents, Zoho’s proprietary AI-powered autonomous agents, across its enterprise management suite. The capabilities include pre-built agents for specific use cases across IT service management, endpoint management, and cybersecurity alongside an Agent foundry for building custom agents.
Zoho had earlier rolled out pre-built agents in other verticals of the company like Zoho CRM and Zoho Books among others. Ganesan said that for Mange Engine, the company wanted to better understand enterprise cybersecurity use cases and ensure the company had mature pre-built agents before launch.
Ganesan also said that the company is continuing to work towards increasing its share in the enterprise segment while adding that it is expected to be a long-term process. “Going upmarket requires a lot of heavy lifting from our side. The way you engage with such customers is not exactly like small businesses. It’s a long-term process and we are building the foundation for it.
On the talent front, Ganesan said that the company has become cautious with their hiring recently and is focusing on re-purposing their current talent to adapt to an AI landscape.
ManageEngine accounts for about one-third of Zoho’s overall 18,000-strong team.
On companies like Anthropic and OpenAI launching agents for enterprise workflows, Ganesan said that despite their capabilities, the market will remain fragmented because enterprises will not want to rely on a single company or geography for all critical infrastructure.
Pointing to examples like the lack of any Indian representation in Project Glasswig, a select group of firms that received access to Anthropics’s highly capable model Mythos, Ganesan said that India needs to build globally relevant technology companies so the country can retain its sovereignty in an increasingly uncertain world.