Rahul Yadav has finally disclosed the details of his new venture – “Intelligent Interfaces”. With this, the ousted Housing co-founder has also confirmed that he has raised funding from Flipkart founders, Sachin and Binny Bansal. Besides, Bansals, Paytm founder, Vijay Shekhar Sharma & Micromax co-founder Rahul Sharma are also investors in Yadav’s new startup.
Intelligent Interfaces will be used by various government departments, and will help them use internet and technology tools to save cost and expedite service delivery.
Rahul Yadav was fired earlier this year from Housing.com, after a series of incidents including spat with the company’s investors. Housing.com’s chief of staff, Azeem Zainulbhai, has joined Rahul in his new endeavour as co-founder.
Rahul had disclosed about his new venture in a Facebook post, earlier in September:
Rahul is confident about getting business from various central and state departments with powerful people supporting his startup. Since Rahul’s startup is in the e-governance space, Vijay Shekhar Sharma’s and Bansal’s investment looks quite strategic – being at the helm of two of India’s ecommerce biggies could work in favour of Yadav as the duo have been dealing and influencing the government over the past couple of years.