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Zoho’s Sridhar Vembu Named To National Security Advisory Board As Startup Founders Look To Shape Policy

Zoho’s Sridhar Vembu Named To National Security Advisory Board As Startup Founders Look To Shape Policy

Vembu’s appointment comes days after he was conferred the Padma Shri by the Indian government on January 26

The NSAB gives inputs and advice to Doval, who in turn acts as a single point of contact for Prime Minister Narendra Modi on national security and issues of strategic interest

Vembu’s appointment comes in a time when prominent stakeholders in the Indian startup economy are finding roles in public policy

Indian SaaS giant Zoho’s founder Sridhar Vembu announced on Wednesday (February 3) that he has been appointed to the National Security Advisory Board (NSAB), led by national security advisor (NSA) Ajit Doval. His appointment comes days after he was conferred a Padma Shri awardee by the Indian government on January 26.

In a tweet, Vembu wrote: “I want to thank Shri Ajit Doval-Ji for appointing me to the National Security Advisory Board (NSAB). I returned to India to serve the cause of technology-led rural development and this advisory role affords me another opportunity to be of service to the nation.”

The NSAB gives inputs and advice to Doval, who in turn acts as a single point of contact for Prime Minister Narendra Modi on national security and issues of strategic interest, ranging from defence, internal security strategic (nuclear) matters, space, external affairs and intelligence. 

The board comprises a group of eminent national security experts outside of the government, and usually includes senior retired officials, civilian as well as military, academics and distinguished members of civil society drawn from and having expertise in the various domains pertinent to national security.

Startup Founders Look To Shape India’s Policy

Vembu’s appointment comes in a time when prominent stakeholders in the Indian startup economy are finding roles in public policy. Last year, BYJU’S founder and CEO Byju Raveendran and Kris Gopalakrishnan from Axilor Ventures were among the 28 non-official members nominated to the National Startup Advisory Council, which is said to be managing the interests and the developments in the world of tech companies.

The council’s members include CII President Uday Kotak, Kunal Bahl (cofounder, Snapdeal), Bhavish Aggarwal (Ola cofounder), Sanjeev Bikhchandani (Info Edge founder) and Abhiraj Singh (cofounder. Urban Company), among others.

Besides this, last month, Inc42 reported about the formation of Atmanirbhar Digital India Foundation (ADIF) by six startup founders and chief executives, namely: Ajay Data of Data XGen Technologies, Murugavel Janakiraman of Bharat Matrimony, Snehil Khanor of TrulyMadly, Ritesh Mallik of Innov8, Sairee Chahal of SHEROES and Anand Lunia of India Quotient. 

Data, the secretary-general of ADIF, told Inc42 that the association will work as a representative body for the Indian startup ecosystem, voicing their concerns to the government and regulatory bodies and playing a role in shaping the policy framework for the sector.

Now, Vembu’s appointment is another example of startup founders finding themselves in a policy role. The reason could be the growing threat of cyber warfare for national security. 

Cybersecurity’s Prominent Role In National Security

Executives from cybersecurity firms CYFIRMA and Sequertek have previously told Inc42 about the cyber threats faced by Indian companies and startups. 

A study by CYFIRMA found out that in 2020, amid the pandemic, Indian pharma companies were being targeted by both state and non-state actors from China and Pakistan, for corporate espionage to steal Covid-19 vaccine research data. 

According to IBM Security’s Cost of a Data Breach Report 2020, Indian companies, on average, saw the total cost of a data breach come up to $2 Mn. Further, the report reveals that on average, it takes 313 days to identify and contain a data breach in India, while security automation is deployed in just 53% of all organisations in the country. Given the current scenario, the costliest industry for a data breach is healthcare.

Besides this, Vembu’s Zoho has also thrown its hat into the messaging app ring with the launch of Arratai, to take on the likes of WhatsApp and Telegram. Given the huge focus on data localisation and sovereignty of data in India and Zoho’s credentials of being a homegrown technology major, Vembu has the pedigree to contribute significantly in these aspects. Hence, Vembu who heads one of India’s foremost IT companies could lend an important perspective to NSA Doval.