Home NEWSBusiness Meet boy genius who built Rs 1500 crore firm, was fired from his own company after high drama

Meet boy genius who built Rs 1500 crore firm, was fired from his own company after high drama

by Nagoor Vali

He co-founded the corporate when he and his batchmates had a tough time discovering lodging in Mumbai.

India has seen a number of startups which have now grown right into a billion-dollar empire. Such corporations are sometimes co-founded by IIT graduates who’re buddies and batchmates. One such individual is Rahul Yadav who co-founded housing.com in 2012 together with 11 different classmates, He’s an IIT Bombay alumnus. He is part of a number of different startups. Yadav has seen many ups and downs in his skilled life. From being the unhealthy boy of Indian startups to giving 200 crore shares to staff, he grabbed headlines throughout his profession. Final 12 months, too, Yadav was within the information when Information Age introduced that it could conduct a forensic audit in opposition to 4B Networks, an organization owned by him. 

He belongs to Khairtal in Rajasthan and is an entrepreneur greatest recognized for being the co-founder and former CEO of the Indian actual property search portal Housing.com. The corporate is a prop-tech platform for householders/dwelling seekers, landlords, builders, and actual property brokers. He co-founded the corporate when he and his batchmates had a tough time discovering lodging in Mumbai. Nevertheless, in June 2015, Rahul was fired by the corporate board citing ‘his behaviour in the direction of buyers, ecosystem and the media’.

The corporate shot to fame after Japan’s SoftBank led an funding of USD 90 million (Rs 550 crore) in December 2014, valuing it at Rs 1,500 crore. After his controversial resignation from the corporate, he stunned everybody by issuing an apology. He as soon as stunned everybody, earlier than leaving when he gave his shares price Rs 150-200 crore to 2251 housing staff. Rahul is married to Karishma Khokhar since March 2016.

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