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Rahul Yadav (born 1989) is an Indian entrepreneur best known for being the co-founder and former CEO of Indian
real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
search portal
Housing.com Housing.com is a Mumbai-based real estate search portal which allows customers to search for housing based on geography, number of rooms, and various other filters. The company has 6,000 brokers and serves 40 cities in India including Chennai, Mum ...
. Citing his young age, he distributed all of his personal equity in Housing.com, worth around 200 crore rupees, to its 2,251 employees. His dismissal as CEO by Housing.com's board of directors attracted considerable media attention. Subsequently, Yadav announced his latest venture, Intelligent Interfaces which would assist companies and organisations in automating processes.


Early life and education

Yadav was born to middle-class parents from Khairtal,
Rajasthan Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern si ...
in 1989. He enrolled at the Indian Institute of Technology Bombay in 2007, specialising in metallurgy. He served as the representative and secretary for the university's student association. After first building Exambaba.com, an online question bank of old exam papers that IIT Bombay asked Yadav to close, Rahul dropped out of college in his final year. In the process of building Exambaba.com, he had learned programming, which enabled him to subsequently design a series of Google applications.


Housing.com

Housing.co.in was founded in 2012, by Yadav along with eleven other classmates, after they had a difficult time finding accommodation in
Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...
. The portal was later renamed to Housing.com. Yadav says that he started up Housing.com in response to a severe housing shortage in India. By mid-2015, under Yadav's leadership, Housing.com had three offices in Powai, a suburb of Mumbai. The site aims to increase transparency in the real estate market. Its original line-up of products include map-based rental search, verified purchase of apartments, buildings and even land in villages and rural areas and 'Slice View' which allows customers to take a virtual tour of chosen properties of big real estate companies. Having successfully solicited major investors to back the site, Yadav retained only a five per cent share in the business which later made it possible for investors to oust him. Housing.com was named one of the hottest tech startups in 2012. SoftBank was among its funding partners, and the fledgling company also partnered with Tata Housing and Tata Value Homes. According to Forbes India, Housing.com sold eight million dollars' worth of real estate in its first week. In June 2015, Rahul was fired by the company board citing "his behaviour towards investors, ecosystem and the media". The shares of his business that Yadav donated to his former employees was considered to be the equivalent to a year's salary. In an apparent explanation of his actions, Yadav said, "I'm just 26 and it's too early in life to get serious about money, etc," in an interview with the Financial Express.


Intelligent Interfaces

In September 2015, Yadav announced his new venture Intelligent Interfaces. Intelligent Interfaces is reportedly a data analytics company and visualisation company which caters to e-commerce companies.


References

{{DEFAULTSORT:Yadav, Rahul 1988 births Living people IIT Bombay alumni