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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The founder of Housing.com is back with a new venture. This time, there is a murky acquisition involved.
Editor's note: Rahul Yadav is back. It has been seven years since the colourful founder of Housing.com was fired by the company’s board for behaviour “not befitting of a chief executive officer and detrimental to the company”. Yadav’s exit, mired in controversy, was one of the most talked-about events in the Indian startup ecosystem and ever since the man has largely stayed away from the public eye. He briefly dabbled in an analytics venture that fizzled out and then joined real estate services firm Anarock Property Consultants as chief technology officer in 2017, marking an end to his life as a startup founder. But Yadav has left Anarock and has been working on building a new venture—a property tech startup called Broker Network. And, in recent months, his 20-month-old company has picked up pace. It has hired some experienced real estate executives and raised a good amount of funding—Rs 186 crore, or about $23 million, from a subsidiary of Info Edge, the publicly listed job classifieds company that has a slew of startup investments. The news of this new venture got out …
The founder of Housing.com is back with a new venture. This time, there is a murky acquisition involved.
Editor's note: Rahul Yadav is back. It has been seven years since the colourful founder of Housing.com was fired by the company’s board for behaviour “not befitting of a chief executive officer and detrimental to the company”. Yadav’s exit, mired in controversy, was one of the most talked-about events in the Indian startup ecosystem and ever since the man has largely stayed away from the public eye. He briefly dabbled in an analytics venture that fizzled out and then joined real estate services firm Anarock Property Consultants as chief technology officer in 2017, marking an end to his life as a startup founder. But Yadav has left Anarock and has been working on building a new venture—a property tech startup called Broker Network. And, in recent months, his 20-month-old company has picked up pace. It has hired some experienced real estate executives and raised a good amount of funding—Rs 186 crore, or about $23 million, from a subsidiary of Info Edge, the publicly listed job classifieds company that has a slew of startup investments. The news of this new venture got out …
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
