Rahul Yadav Biography
Rahul Yadav is an Indian web-base entrepreneur, who co-founded and served as the former CEO of Mumbai-based real estate search portal Housing.com According to Forbes India, Housing.com sold eight million dollars worth of real estate in its first week. In 2014, Yadav was listed among the Forbes India “30 Under 30” young entrepreneurs, for his work at Housing.com. Yadav rose to fame for his controversial news inside the company. He is sometimes referred as the “bad boy of Indian startups.”
His expulsion as CEO by Housing.com’s directorate pulled in extensive media attention. Hence, Yadav declared that he would dispatch another project. As of August 2015, he was in negotiations with Paytm for funds for the new venture. Yadav announced his latest venture, Intelligent Interfaces, would help organizations and associations in automating forms.
Rahul Yadav was born in 1989 in Alwar, Rajasthan to a middle-class family. He attended the Indian Institute of Technology Bombay in 2007, gaining practical experience in metallurgy. During this time, he served as the delegate and secretary for the university’s student association. It was during this time Yadav build Exambaba.com, an online question bank of old exam papers. However, IIT Bombay requested Yadav to shut-down the website and subsequently left the college in his final year. In the process of building Exambaba.com, he had learned programming, which empowered him to subsequently design a series of Google applications. Later, he and his 11 classmates teamed up and co-founded Housing.com in 2012. Yadav came up with the idea after he had a troublesome time finding a settlement in Mumbai.
Housing.co.in was established in 2012 and was later renamed Housing.com. Yadav says that he came up with the idea when he experienced the severe housing shortage in India. By mid-2015, under Yadav’s administration, Housing.com opened three offices in Powai, a suburb of Mumbai. The site intends to expand transparency in the real estate market. Its unique line-up of items include-map based rental search, verified purchase of apartments, buildings and land in villages and rural areas and ‘Slice View’ which permits clients to take a virtual tour of chosen properties of huge real estate companies. Having effectively requested major investors to back the site, Yadav held just a five percent share in the business which later made it possible for financial specialists to remove him from the company.
In 2012, Housing.com was named one of the hottest tech startups. SoftBank was among its funding accomplices and was also partnered with Tata Housing and Tata Value Homes.
Yadav came into limelight for his controversial comments about Vishal Sikka (CEO of Infosys), founders of Ola, Zomato and the declaration of dispersion of his own value in the online real estate company, worth around 200 crore rupees, to its 2,251 employees.
In June 2015, Yadav was let go by the company board due to “his behavior towards investors, ecosystem and the media”. The shares of his business that Yadav gave to his previous workers was thought to be proportionate to a year’s salary. In his interview with Financial Express Yadav stated, “I’m just 26 and it’s too early in life to get serious about money, etc.”
In September 2015, Rahul Yadav announced his new business Intelligent Interfaces. The company had secured investment from Sachin Bansal and Binny Bansal, co-founders of the Indian e-commerce Flipkart, Rahul Sharma co-founder of Micromax Informatics and Vijay Shekhar Sharma, founder, and CEO of Paytm. Cricketer, Yuvraj Singh’s YouWecan ventures declared that they would take an interest in the seed round as well. Intelligent Interfaces is apparently an information analytics organization and visualization company catering to online business organizations.
On March 12, 2016, Rahul Yadav got engaged to Delhi-based Karishma Khokhar in a private ceremony in New Delhi. Their engagement was witnessed by the couple’s friends and family and made their relationship official with the popping of champagne. As indicated by the media, Yadav’s wife is an investment banker at ICICI Securities and also has a background in engineering from Delhi Technical University and an MBA in Finance from Institute of Management Technology, Ghaziabad.