Rahul Yadav, Chief Executive Officer (CEO) of Housing.com, resigned on 30 April 2015. He founded the company with a bunch of IIT Bombay graduates in June 2012.
Housing.com is one of India’s successful startup. The company has gained in value approximating 1500 crore rupees under the directorship of Rahul Yadav.
His resignation is taken up by many analysts to showcase the dangers surrounding India's new breed of start-ups.
Analysts say domestic start-ups represent a bubble because they continue to get better valuations and higher funding despite reporting negligible revenues and huge losses.
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When: 30 April 2015