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Rahul Yadav, ex-CEO of Housing seems to be in the final stage of announcing about his startup. The most talked about and controversial ex-CEO has garnered funding from some of the top entrepreneurs for his new data analytics and visualization startup, whose name is yet to be announced.
Just a day before, we reported that Rahul’s new venture is getting funding from Paytm’s Vijay Shekhar Sharma and Flipkart founders and that ex-housing members are joining him in his next venture, today, FE has published a new report citing sources giving details of his new ventures.
Rahul Yadav’s unnamed new venture will be a data analytics and visualisation firm, whose product is likely to be used by ecommerce companies on day-to-day basis, the report said. The startup is anticipated to focus on analysing large data to predict consumer behaviour and provide speedy insights at key decision points.
Paytm’s founder Vijay Shekhar Sharma confirmed that he is investing in Rahul’s new venture.
He said, “Rahul is definitely an incredible maverick. He has an understanding of technology and we hope he has learnt his lesson and moved ahead.”
Besides, apart from Flipkart’s co-founders Sachin & Binny Bansal, Micromax’s co-founder Rahul Sharma has also made a personal investment into Yadav’s new venture.
Also, a Facebook post of Rahul confirms that he would meet Chairman and MD of RIL, Mukesh Ambani soon, keeping the purpose of meeting clandestine.
Rahul, in his Facebook status said:
According to our source, Azeem Zainulbhai, chief of staff at Housing, who was taking care of the finance function at Housing, is joining Rahul in his new venture. Azeem’s father, Adil Zainulbhai, who was the chairman at McKinsey India and is currently independent director at RIL has arranged Rahul’s meeting with the business czar.
Besides, Azeem, Housing’s Chief Design Officer, Suvonil who had quit recently, is also expected to join Rahul in his new venture.
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