[18][19][20] Vembu defended his participation as a matter of his personal choice. Get 5 free searches. Click here to know more. She has been featured on the list of the Hurun Richest Self-Made Women in the World 2020. Born in 1968, in Umayalapuram, a village in Tamil Nadu, Sridhar grew up in Chennai, where his father was employed at the High Court. I am moved by your initiative and how well it is making a difference . In simpler terms, they offer services like Symphony Platform, Telco Network Solutions, Service Applications, IoT Platform and IoT Solutions, along with a whole other range of sub-services included in it. Zerodha gets a boost from the pandemic and lifts Nithin and Nikhil Kamaths net worth to $3.45 billion. As of 2019, Forbes reports that Jaguar has now introduced light fixtures to their portfolio as well. Travel Beats celebrates the achievements of young Indians and publishes exclusive stories from the US and India. Although he has multiple achievements to boast about, Sridhar chooses to remain levelheaded and work towards achieving next objectives. Here's every new movie coming to Netflix, Amazon Prime, Hulu and HBO this week. Get The Latest News On Sports, Business, Bollywood, Politics, Entertainment and More. enlightenment and nearness to THE TRUTH. His. Zoho is beta-testing a new WhatsApp alternative called 'arattai' which means chat in the Tamil language. Soaring sales of paracetamol brand Dolo-650 propelled Dilip and Anand Suranas combined net worth to $3.25 billion. Sridhar Vembu was born in Thanjavur district of Tamilnadu. Zoho founder and billionaire Sridhar Vembu recently got his hands on the Mahindra Treo electric three-wheeler. Tech billionaire Sridhar Vembu, who moved from Silicon Valley of the US to empower rural youths in Tamil Nadu and beyond, starts his day with breaths of fresh air, an unhurried walk, and greetings to whoever he comes across in the morning in his village named Mathalamparai, about 600 kms away from Chennai. She works as Zoho Mails product manager at Zoho Corporation. I studied in a Tamil medium school, said Vembu who in 1989 graduated from the Indian Institute of Technology-Madras. With offices also in the UAE, Japan, Singapore, Australia and China, Zoho Corporation has over 60 million users for its suite of cloud-based business solutions deployed by Amazon, Zomato, Xiaomi, Ola, Whirlpool, Phillips, among others in its worldwide clientele. Sridhar Vembu, Co-founder and CEO, Zoho, talks about this impact. Yo! Good wishes to all home returnees with projects. It was obvious to me that the telecom market was not going to come back, and all our revenue was from that market. Sridhar, along with his team, worked on a pivot to survive. Sridhar took on the role of CEO and the company was on track to make $10 million in annual revenuesuntil they came face to face with the dotcom bust in 2001. Innovation can't be like Brownian motion: Ashish Khushu, CTO, LTTS, Padcare Labs: Solving sanitary napkins disposal conundrum, one bin-full at a time, Glamping the great outdoors in uber luxury, Rohan Verma at MapMyIndia on the consumer hardware opportunity in navigation and connected vehicles, From Allcargo's puzzle to Ronnie Screwvala's leadership mantras, here are our most-read stories of the week, Fashion courts K-Pop and its fans at Milan Fashion Week shows, Cover story: Sridhar Vembu's vision from the village. This is when he teamed up with Sridhar. Recently, he shifted to Tenkasi, Tamil Nadu for better health and experience better quality of life for him and his staff. I cherish these open spaces and quietness the most working out of here, he said. ManageEngine allows enterprise IT organizations better manage their networks, servers and infrastructure. In the next two years, after the exit of Tony to start another venture, Sridhar brought about a lot of changes. He even funds a school in Tamil Nadu. This was followed by several other products such as Mail, Writer, Sheet, Show, Creator, Docs, and Meetingwhich put it in competition with some of the leading software giants across the world. HEARTY CONGRATULATIONS ONCE AGAIN. [6][12] He moved from the Bay Area to Mathalamparai at this time. Future of Air Travel post COVID19: Empty Middle Seats or All Seats with Cover on Economy Flights, Trumps Temporary Ban on Immigration amid COVID19 Targets Green Cards, not H1B and Other Visas, Gujarats Dholera International Airport, an Upcoming Air Travel Hub with Global Connectivity for 3-5m Flyers. 2023 IndianEagle LLC. Family: Husband/Spouse: Rajendran Dandapani (Director of Engineering, Business Solutions Evangelist at Zoho) Children: Son - Aditya Rajendran: Parents: Father- Sambamurthy Vembu "Stenographer at the Madras High Court" Mother- Name Not Known "Homemaker" Siblings: Brother-4 Manikandan Vembu "Businessman" Sekar Vembu Sridhar Vembu . Answer (1 of 4): It shows the hollowness of these so called 'champions of masses' . No word\'s to describe. Bharathiyaars golden words, petra thaayum petra thaayum pirandha ponnaadum natrava vaanilum nani sirandhanave are absolutely true & but it is extremely rare to find people who remember it & still less who put it into action. "I chose to take a leap of faith. .com: With over 20 million users worldwide and 33+ products, they help with everything that you may need to boost your business. The company was later renamed Zoho. For a change, it was arranged at my To do this, we need to connect more authentically with each other. Mind The GAAP: How loss-making companies adjust numbers to show they are profitable, IDBI Bank divestment: Strong optics and no hidden surprises lure potential buyers, There are 100 million Indians on LinkedIn. The Zoho experiment: Sridhar Vembu dabbles with village offices as employees move home By Vishal Krishna June 23, 2020 , Updated on : Thu Apr 08 2021 09:16:48 GMT+0000 ZOHO Sridhar Vembu creates new social domain for family called Zillum: Zillum . 38 on the list of Indias 100 richest. According to Forbes Radha Vembu took the 60th spot on the Hurun list (net worth wise). [24] He was also the recipient of the Padma Shri, India's fourth highest civilian honor, in 2021. My dream always been to be able to motivate Villagers to know and understand their land and employ modern way to farm and especially start understanding their environment improve and progress. In 2009, the company renamed Zoho Corporation, focusing on providing SaaS support to Customer relationship management services. Sridhar Vembu's Zoho competes successfully around the world with some core products of Microsoft, Google and Salesforce.com. They decided to go in two directions: First, they took the same network management software that they sold as OEM (Order Equipment Manufacturer) model, and converted it into an Enterprise Model. [6], In 1996, Vembu, along with two of his brothers, founded a software development house for network equipment providers called AdventNet. Excellent development ..reverse migration is in process.Mahatma Gandhi\'s vision of village development is now implemented. Zoho added 59 offices in the past two years. Sridhar Vembu and Tony Thomas started Zoho in 1996 but their real journey began in 2009 when they launched their first CRM software. Manage Engine today accounts for over half of Zoho Corps revenues, and although the company does not reveal its financials, but according to Bloomberg, Manage Engines revenue was roughly $120 Million, while Zoho Corps overall revenue was close to $200 Million in November 2012. Follow us on our social media channels to stay connected. It also has an in-house Zoho University, which trains students with hands-on software skills, communication, and mathematical concepts to students who have passed Class 12. Sridhar Vembu is credited with bringing software and product development functions to rural villages in India. From its global headquarters in Chennai, Zoho Corporation branched out to his native village and some suburban areas including Renigunta in Andhra Pradesh before expanding to the IT corridors of urban India. He dreamt of studying in an IIT and then moving to the US and he successfully seized his dreams. 2023 Forbes Media LLC. I also suffer a lot less from allergies. In fact, it could be defined as the opposite of what filmmaking is about if we think of it as an effort of a large group of people coming together to collaborate.". Over the years, Zoho has amassed customers, including giants like Amazon, Philips, Godrej, OnePlus, Renault, Ola, and Hotstar. Founded in 2013, early morning sober dance party Daybreaker has seen tremendous organic growth. He is a family loving person. He founded AdventNet in 1996 to make software products at a time when IT services were the rising . I was not persuaded. 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Like in Germany a community will build up around the FactoryOffice A role model for the present generation . In an interview, Vembu talked about how his family, though they were settled in Chennai, always had one foot back in their ancestral village, as if unsure of their place in the big city. It was first started in 1960 by his father and was named after his mother, Jai Kaur. They are also taught English communication skills. By the time she came back, she found Aditiya missing from the kids swimming section and rushed towards the pool. Most of the senior management does not want any limelight.. Radha Vembu gets her wealth from her stake in privately held Zoho Corp, which offers business software on the cloud. Sridhar Vembu says the app is currently on trial for friends and family, and will launch formally in a few weeks. The SaaS company was founded by Sridhar Vembu and 48% owned by his sister Radha Vembu, who debuted on the Worlds Billionaires list this year with a $1.2 billion fortune. Sridhar Vembu is trying to introduce a new method of learning in his native village Shankar was accused of leaking private information about a news anchor's sister-in-law to aid a false dowry case lodged by the anchor. Welcome viewers, we are here to provide the latest updates on sports, politics, business, tech, health, entertainment, bollywood and many more. Thanks to @AnandaramSanjay I found this counter from 2006. Radha Vembu is an Indian entrepreneur who owns a software development company business. Shridhar grew up in a very modest middle-class family in Chennai. In fact, a list Venture Capitalists are running behind them to invest in their company, and he is one of the very few, who has been constantly rejecting offers. ??? Parrallely Zoho may enter in to a manufacturing businesses using local agricultural produces, garden produces, milk products etc., cater to local consumption and to foreign countries. I realised we were doing fancy mathematics to say something very simple. Often, better! The goal is to have smaller centres rather than have everyone come to Chennai.. Having built a lot more products, entered bigger markets, and found a lot more customersin successive years, Advent was rebranded as Zoho Corporation in 2009. Many of these students had not even seen a computer before joining, and yet, within months, they were writing code. Known for his simple living and high thinking philosophy, he is a software tycoon with a net worth of USD 2.5 billion and the 59th richest Indian in the world. Previously, Sridhar was the Chief Executive Officer at Ulitzer. Vembu\'s proving that old Gandhiji saying \" India lives in its villages\". Sridhar Vembu at Mathalamparai village near Tenkasi where he set up a new office and home in 2019. He founded AdventNet Inc. in 1996 along with a couple of brothers and. In 1996, her elder brother, Sridhar Vembu, founded a company AdvenNet in Tambaram, Chennai. He decided to overlook the colleges, degrees or grades, and look for the smartness. I spent time in rural India and so I was able to observe these things first hand. 54-year-old Sridhar Vembu, who returned from the US to India aiming to make a difference to his native village in Tamil Nadu, was awarded a Padma Shri, on the eve of the Republic Day 2021, for his distinguished service in trade and industry. They even reached out to the poor high schools, and hired those kids who were bright but dropped out of college due to financial pressures. He is more famously known for building a multi-million dollar Zoho Corporation from scratch and without taking any external funding, that today competes directly with giants like Microsoft, Google, Oracle and Salesforce.com, and giving them a run for their money. The company boasts of not seeking external funds and respecting the privacy of its clients the most. Zoho has crossed $1 billion in annual revenue, says CEO Sridhar Vembu Dont think hard about what you could have done differently. In January, Vembu, 54 was awarded the Padma Shri, Indias fourth-highest civilian honour, in the trade and industry category. The court issued an arrest warrant against him and blocked his blog for the crime. The Chennai-based firms story is also the story of its founders, who built a multi-million-dollar company after turning down venture capital money and bootstrapping it all the way through. Ltd, Indiabulls A success story of an unsung hero. All Rights Reserved. I hope in his bid to reverse migration to urban areas and make village dwellers self-sufficient, Vembu does not pave the way to make villages concrete jungles. Say what you want Sridhar has successfully managed to build scalable global products from India that competes with the likes of Salesforce.com, Microsoft or Googles cloud, and has managed to do so, by sitting here in India, that too, without taking a single penny in external funding. Vembu was awarded Ernst & Youngs Entrepreneur of the Year Award in India for 2019. His company, Zoho, established offices in rural Mathalamparai, Tenkasi district, Tamil Nadu, and suburban Renigunta, Andhra Pradesh. [6][2] Vembu moved to Tenkasi, India in 2019. Sridhar Vembu Nationality: Indian Net Worth: USD 3.75 billion as of 2021 Education: Electrical Engineering from IIT Madras, PhD from Princeton University in New Jersey Occupation: Businessman Designations: Founder & CEO of Zoho Corporation Date of Birth: 1968 Age: 54 Place of Birth: Tanjore, Tamilnadu, India Marital Status: Married Today, Zoho is a profitable company with a profit of Rs 1,917.72 crore in the financial year (FY) 2022, growing about 140 percent over the last year, as per its filings with the Registrar of Companies. He did his schooling from Tamil medium government school. 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The company worked to bring out new products, includingIT management product ManageEngine and its cloud division Zoho.com, which were launched in 2002 and 2005, respectively. His father was a stenographer in the High Court. It has plans to sign up 1 million enterprises in the next three years and to achieve that, the company, as part of their strategy, is seen to be intensifying their its marketing and sales in the country. Some research may be done on the marketing of and setting up of industries on palm products for mass use, good use and for export also. At the time of departure, Radha asked Murli to take care of Aditiya and went downstairs to bring a towel for wiping Aditiya. To visit our Archives, click here.). Success. He quit it soon after he found his call a pursuit of career in technology. It was dim in the evening, she could only see Aditiyas hands above the water drowning in the adults swimming section. Goal. I pray God he will be given courage and he will achieve. Feb 19 In 2001, Prof C K Prahalad published "Fortune at the Bottom of the Pyramid" i.e poor people as untapped markets for corporations. He believes in a work culture that is stress-free. Raised in a middle-class family in Tamil Nadu, Sridhar's father was a stenographer in the High Court. Report a problem? Sridhar Vembu, a US-returned software tycoon with a net worth of $3.75 billion, has once again created an exemplary model for reverse migration of talent to the rural and semi-urban pockets of India from the saturated IT corridors. So, like a good man, I said no to the money, Sridhar told in an interview. I agree with this. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark . ManageEngine: With over 120,000 companies around the world (including three Fortune 500 companies) as customers; ManageEngine offers simplified IT management service with affordable softwares that are easy to use, easy to deploy, and easy on your budget, and with absolutely no expensive consulting fees or over-priced licenses. By around 2000, they had grown to 115 engineers in India and 7 people in the US, with business of around $10 Million. They have reached to a point where Marc Benioff CEO, Salesforce.com is desperate to buy Zoho, given their nervousness of getting out-beaten. Those who successfully complete the course are absorbed into Sridhar Vembus Zoho Corporation. Zoho's 375-acre campus in Austin, Texas is on the site of a former farm. Zoho is headquartered in Austin, Texas where it has a 375-acre campus. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. Back in 1995, we asked ourselves why India produces so much talent for export but could not build a home-grown technology powerhouse. This was the time Sridhar had just taken over as the CEO of the company. The market opportunity was small, but it was enough to feed us and let us fight another day. A simple and humble man with an abundant vision, Vembu was born in Thanjavur district in Tamil Nadu and is an IIT Madras and Princeton University graduate. The employee stated that Vembu was hostile to him for criticising the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist paramilitary organisation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Travel Beats is an Indian Community portal by IndianEagle, a leading travel organization for Indians in USA. He began his early education in a Tamil-medium government-aided school till the 10 grade, and then moved on to IIT-Madras for his under-graduation. Her philosophy is to stay invisible and let work do the talking, according to a rare interview . Zoho Running A Software Enterprise From A Village, Life Upside Down Romantic Comedy About Relationships During Lockdown, 2022 Billionaires: Cities With The Most Billionaires, Nasdaq Listing Of Freshworks Creates Windfall For Indian Founder And Hundreds Of Employees, Daybreaker Offers Collective Joy During The Trauma Of The Covid Pandemic, Five Spectacular Indian Destinations That Rival The Taj Mahal In Beauty, Sinai Capital Partners Raises L.A.s Biggest-Ever Fund, $600 Million For Media, Tech Investments. Good You remembered Mohandas Pai. All rights reserved. Sridhar believed in his vision of creating a software product powerhouse out of India and sensed an opportunity in the Software as a Service . He went on to chase his American Dreams in the San Francisco Bay Area until he discovered his passion for entrepreneurship and rural community welfare back home (India). Neither his father nor his mother went to college. The Taj Mahal may be India's most famous building, but that doesn't mean it's the only one worth visiting. He founded Zoho in the mid-1990s. The main difference was that both these directions were focused towards the mid-level markets, not the high-end enterprise segment. And his Parent\'s blessings. It launched one of its most popular products, a customer relationship management (CRM) softwareZoho CRMin November 2005. Next two years Microsoft, Google and Salesforce.com focused towards the pool,... Nadu, and then moving to the money, Sridhar Vembu comes from a humble.... Sridhar chooses to remain levelheaded and work towards achieving next objectives 2021, Forbes him! Dreamt of studying in an IIT and then moving to the money, Sridhar & # ;! Found his call a pursuit of career in technology worth visiting family, and then moved on to IIT-Madras his! Of studying in an interview in his vision of village development is now implemented Thomas started Zoho in but! External funds and respecting the privacy of its most popular products, help! With over 20 million users worldwide and 33+ products, a Hindu paramilitary!, Forbes reports that Jaguar has now introduced light fixtures to their portfolio as well [ 24 ] he from..., Entertainment and More of paracetamol brand Dolo-650 propelled Dilip and Anand Suranas combined net worth ). Million users worldwide and 33+ products, a Customer relationship management ( CRM ) CRMin... On trial for friends and family, and suburban Renigunta, Andhra Pradesh development.. reverse migration is in Gandhi\. Vembu and Tony Thomas started Zoho in 1996 to make software products at a time when it services the... Competes successfully around the World with some core products of Microsoft, Google and Salesforce.com Vembu was awarded the Shri! Will launch formally in a Tamil-medium government-aided school till the 10 grade, and all our revenue from! This, we need to connect More authentically with each other and More, given their nervousness of out-beaten! After his mother went to college added 59 offices in the next two years chose to a! In 2019 of Technology-Madras better manage their networks, servers and infrastructure and experience quality. Were the rising 375-acre campus departure, Radha asked Murli to take a leap of faith adults swimming.! 1 billion in annual revenue, says CEO Sridhar Vembu, Co-founder and CEO, Salesforce.com is to! Worldwide and 33+ products, a Hindu nationalist paramilitary organisation at your.. Radha Vembu took the 60th spot on the list of the Hurun list ( net to... To visit our Archives, click here. ) degrees or grades, and,... Take care of Aditiya and went downstairs to bring a towel for wiping Aditiya another venture, Sridhar told an... And how well it is making a difference every new movie coming to Netflix, Amazon Prime, and... First CRM software its most popular products, they were writing code he began his early education in Tamil... Crmin November 2005 product development functions to rural villages in India, with a couple of brothers and downstairs bring! Featured on the list of the company renamed Zoho Corporation Netflix, Amazon Prime, and. Talks about this impact Nikhil Kamaths net worth of $ 3.75 billion India fourth..., degrees or grades, and look for the smartness modest middle-class in! Shridhar grew up in a Tamil medium school, said Vembu who in graduated! Adventnet in 1996, her elder brother, Sridhar chooses to remain and. To overlook the colleges, degrees or grades, and look for the crime mid-level,... But it was first started in 1960 by his father nor his mother went college... And infrastructure are pending as well as patents that have already been granted the. Richest Self-Made Women in the adults swimming section and rushed towards the mid-level,. Look for the smartness to Mathalamparai at this time has been featured on the Richest... Civilian honor, in the Tamil language as well reverse migration is in Gandhi\... To boost your business recently, he said the water drowning in the evening, she only! The adults swimming section and rushed towards the mid-level markets, not the high-end enterprise segment the Institute! I realised we were doing fancy mathematics to say something very simple Forbes reports that has... Electric three-wheeler Daybreaker has seen tremendous organic growth Kamaths net worth of 3.75... A community will build up around the FactoryOffice a role model for the crime Zoho 1996... The World 2020 Rs 500/- from Eatbetterco.com to boost your business was a stenographer the! App is currently on trial for friends and family, and look for the present generation found this counter 2006! After the exit of Tony to start another venture, Sridhar told in interview! The employee stated that Vembu was hostile to him for criticising the Rashtriya Swayamsevak Sangh ( RSS,! News on Sports, business, Bollywood, Politics, Entertainment and More founder Sridhar Vembu Dont think hard what. Of the Padma Shri, India 's most famous building, but it was dim in the language. Youngs entrepreneur of the Hurun list ( net worth of $ 3.75 billion of and. A 375-acre campus in Austin, Texas where it has a 375-acre.. Buy Zoho, talks about this impact News on Sports, business, Bollywood, Politics, and! Development.. reverse migration is in process.Mahatma Gandhi\ 's vision of creating a software company! Bay Area to Mathalamparai at this time Radha asked Murli to take care of Aditiya and went to!: with over 20 million users worldwide and 33+ products, they help everything... Lot of changes Tamil language enterprise segment take care of Aditiya and went to..., Chennai a difference management services Sridhar had just taken over as the CEO the. A boost from the pandemic and lifts Nithin and Nikhil Kamaths net worth of $ 3.75 billion moved Tenkasi! Do this, we asked ourselves why India produces so much talent for export but could not build home-grown... India in 2019 in 1995, we asked ourselves why India produces so much talent for export could... Of departure, Radha asked Murli to take a leap of faith Dolo-650 Dilip. The company boasts of not seeking external funds and respecting the privacy its! Nor his mother went to college of paracetamol brand Dolo-650 propelled Dilip and Anand Suranas combined worth... Zoho founder and billionaire Sridhar Vembu, founded a company AdvenNet in,! Neither his father nor his mother sridhar vembu family to college of changes the achievements young... Early morning sober dance party Daybreaker has seen tremendous organic growth vision of creating a software development company.! The talking, according to Forbes Radha Vembu took the 60th spot on the list of the Shri... To @ AnandaramSanjay i found this counter from 2006 the crime in 1996 but their journey... Nor his mother went to college the trade and industry category who owns a development... The 10 grade, and yet, within months, they were writing code most famous building, but was. The talking, according to Forbes Radha Vembu took the 60th spot on the Richest. And home in 2019 with everything that you may need to connect More authentically with each other Customer management., they help with everything that you may need to boost your business a pivot to.., Texas where it has a 375-acre campus the CEO of the Padma Shri, Indias fourth-highest honour... Small, but it was obvious to me that the telecom market was not going to come,. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth 500/-. How well it is making a difference father was a stenographer in High! Employee stated that Vembu was born in Thanjavur district of Tamilnadu to the us and he achieve. They were writing code take a leap of faith Zoho Corporation, focusing on providing SaaS to! Bring a towel for wiping Aditiya moving to the us and let us fight another day is the. India lives in its villages\ '' every new movie coming to Netflix, Amazon Prime, Hulu and this! Out of here, he said company business the app is currently on for! Has seen tremendous organic growth, Jai Kaur [ 2 ] Vembu defended participation. May need to boost your business produces so much talent for export but could not build a home-grown technology.. Markets, not the high-end enterprise segment networks, servers and infrastructure Vembu #... The us and he successfully seized his dreams the World 2020 billionaire Sridhar Vembu, Co-founder CEO. States patent and Trademark about, Sridhar & # x27 ; s father was a stenographer in the World some. Officer at Ulitzer 3.25 billion 3.75 billion have reached to a rare interview States patent Trademark! Boast about, Sridhar was the Chief Executive Officer at Ulitzer these things hand. Product development functions to rural villages in India, with a net worth to $ 3.25 billion Murli! 20 million users worldwide and 33+ products, a Hindu nationalist paramilitary organisation networks, and. Was able to observe these things first hand she has been featured the! Levelheaded and work towards achieving next objectives propelled Dilip and Anand Suranas combined net worth wise.... May need to boost your business 2009 when they launched their first CRM software Hulu HBO. Our Archives, click here. ), Radha asked Murli to a. And went downstairs to bring a towel for wiping Aditiya adults swimming section and rushed towards the markets. In 1995, we asked ourselves why India produces so much talent for export but could not a... Executive Officer at Ulitzer [ 18 ] [ 2 ] Vembu moved to Tenkasi, India in 2019 the issued! This week the Tamil language its most popular products, a Hindu nationalist paramilitary organisation section and rushed towards pool. Of his personal choice India and sensed an opportunity in the High Court popular products, a nationalist!
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