No More Rahul Yadav In Housing.com; Board Fires Yadav As CEO

- - News

Rahul-Yadav-Housing

Mumbai based online realty platform, Housing.com, has released its CEO Rahul Yadav, with immediate effect, after a regular board meeting, held earlier today. Yadav who is also the co-founder of the company, will no longer be an employee of Housing and be associated with the company in any manner, going forward.

The Housing Board, unanimously agreed to bring Yadav’s tenure to a close,  with reference to his behaviour towards investors, ecosystem and the media.   The Board believed that his behavior is not befitting of a CEO and is detrimental to  the company, known for its innovative approach to product development, market expansion and brand building.

While the search for an interim CEO is underway, a transition plan has been put in place, The current senior executives of Housing will continue to run the operations on a daily basis, and ensure its continued smooth functioning.   The Board and the Operating Committee will remain closely involved with all key decisions.

The Housing Board, investors, management team and employees are keen to see Housing maximize its huge potential in India and beyond, as well as run in professional and world class manner. This is part of their larger commitment to India and the start-up ecosystem, which together remains unaffected and as strong as ever.

The Board thanked Yadav for his contributions and wishes him well, in his future endeavors.

Engineering student by education and Entrepreneur by choice. Asish is a TCS Best Student Awardee, NDTV featured student entrepreneur and International School of Entrepreneurship Education awardee. He also worked with many startups and big companies for their business development and strategical growth. Asish has been heading The Startup Journal since its inception in 2014.