Few days ago, we had reported about Housing’s plan to lay off around 600 employees from the company. But it now seems that not only is the company firing employees, but also, there are a number of people who are “voluntarily quitting” the company and once again going back to join the ex-CEO, Rahul Yadav.
Keeping the details of what Rahul is up to in his next venture undisclosed, according to a source close to the development, Rahul has managed to grab a huge round of funding from some of the top entrepreneurs from the Indian startup ecosystem including Flipkart’s Sachin & Binny Bansal; Paytm’s Vijay Shekhar Sharma and few others.
According to our sources, Housing.com’ Chief Marketing Officer, Pratik Seal; Azeem Zainulbhai, chief of staff at Housing, who was taking care of the finance function at Housing and Suvonil Chatterjee, Chief Design Officer at Housing have left the company. Adding on, Azeem and Suvonil have joined Rahul’s startup as co-founders. About 6-7 other senior level people have also left to join him.
The message sent to Pratik failed to elicit any response. However Suvonil, in a Facebook post, mentioned about his move from the company. But he declined to share any further details when asked.