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Vaibhav Babruwan Shingde

Studentย โ€ขย 9m

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

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