🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

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Vaibhav Babruwan Shingde

Student • 8m

Housing.com was founded in 2012 by twelve IIT Bombay students, including Rahul Yadav, Advitiya Sharma, and Abhishek Anand. Initial Success : • Known for its innovative map-based user interface. • Quickly gained popularity and investor interest. • Secured $147 million in funding in 2014 from Helion Venture Partners, Nexus Venture Partners, and Qualcomm Ventures, Softbank and Peak XV. Challenges: • Faced internal conflicts and controversies in 2015, particularly involving CEO Rahul Yadav. • Yadav's clashes with investors led to his ousting as CEO. • Internal discord and leadership changes impacted the company's growth and reputation. Current Status: • Housing.com remains operational but has lost its initial market position. • The company continues to serve as a real estate search portal in India. Business Lessons: • Innovation Matters • Leadership Stability • Investor Relations • Adaptability Follow me for more and let me know in comments !

3 replies6 likes

Replies (3)

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In This sector, i personally find no broker great. They provide all the services from searching for house to booking packing service

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