“Falling is the new Rising if you learn from the past mistakes responsible for the failures”
Many of you were waiting to hear about Poster Boy of Indian Startup ecosystem Rahul Yadav, and finally he shared about his new beginning. He shared one of the economic times post on his facebook wall announcing about his new journey.
Former chairman and country head of JLL Anuj Puri hired him as a Chief Product & Technology Officer (CTO), for ANAROCK Property Consultants. The new firm’s real estate investment and fund platform will also invest Rs 300 crore in residential real estate projects, a statement issued here stated.
“Our unique, multi-pronged approach will significantly differentiate Anarock from all other players within the Indian residential property market,” Puri mentioned.
ANAROCK Property Consultants, a real estate brokerage, investment and fund platform, is targeting a total portfolio value of $500 million for its fund business by 2020. Yadav will be responsible for the development of a technology-driven online brokerage platform for Puri’s venture that would eventually attract international investments.
“I consider my appointment as Chief Product and Technology Officer at Anarock Property Consultants the logical next step in my career and it is of course a complete privilege to work with an outstanding industry leader like Anuj Puri. Given my product and technology background, I am fascinated by the highly tech-driven approach that Anarock is adopting for its residential real estate business and I already feel very much at home here. I am extremely excited as I look at the immediate and long-term future of this company as a result of these innovations,” said Rahul.
Rahul, who will be based out of the Mumbai offices in Bandra-Kurla Complex, assumes his new role from Monday and is already building his team of product and technology experts.
Following his exit from Housing.com, Yadav had started another data analytics firm Intelligence Interfaces in September 2016. This venture had also attracted investments from some big names from Indian ecommerce businesses, but it had also fizzled out within six months.
Source : (Economics Times & Business Standards)