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Realty portal Housing.com's co-founder Rahul Yadav was sacked by its board as the CEO, blaming the step on his behaviour towards investors and media, calling his "behaviour towards investors, ecosystems and the media not befitting of a chief executive." Here are 7 top facts: (Image: Rahul Yadav's Facebook account)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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1. The SoftBank-led board said in a statement: "Housing.com has released its CEO Rahul Yadav, with immediate effect, after a regular board meeting held earlier. Rahul Yadav will not be an employee or part of the SoftBank-backed portal in any manner. He will no longer be an employee of Housing and will not be associated with the company in any manner, going forward." The Board said that Rahul Yadav's behaviour “is detrimental to the company, known for its innovative approach to product development, market expansion and brand building". (Image: Housing.com's Facebook page)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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2. Hours after being shown the door, Rahul Yadav took to Facebook to vent his ire at the developments saying, "Board: CEO title of Housing.com. Take that away then what are you? Me: A Genius Billionaire (in Rs) Philanthropist." (Image: Rahul Yadav's Facebook account)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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3. Rahul Yadav, an IIT drop-out who co-founded the start-up, has been in the thick of a controversy after he questioned the 'intellectual capability' of the board and had put in his papers on May 5. Later, he apologised and went back on his decision. (Image: Rahul Yadav's Facebook account)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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4. There was, however, no word on the exit package offered to Rahul Yadav, who in May, gave away all his holding worth Rs 200 crore in the company which was recently valued at over Rs 1,500 crore. (Image: Rahul Yadav's Facebook account)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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5. Founded by 12 IITians in June 2012, Housing.com last December raised $90 million through private equity infusion from SoftBank Group, the Japanese telecommunications and Internet corporation, along with Falcon Edge and other existing investors. The company has so far raised four rounds of funding since inception. While the search for an interim CEO is underway, Housing said a transition plan has been put in place. (Image: Housing.com's Facebook page)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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6. "The current senior executives of Housing will continue to run the operations on a daily basis, and ensure its continued smooth functioning. The Board and the operating committee will remain closely involved with all key decisions," it said. (Image: Housing.com's Facebook page)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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7. Within two years of its founding, the company expanded from its original rent and resale proposition to include PGs and hostels, serviced apartments, land, plot projects and new projects. The Mumbai-based online real estate platform has more than 2,551 employees spread over 100 cities. (Image: Rahul Yadav's Facebook account)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/companies/housing-com-sacks-rahul-yadav-as-ceo/92843/"><strong>Rahul Yadav finally fired by the Housing.com board</strong></a> </br><br><strong>Also read:</strong> <a href="https://www.financialexpress.com/article/companies/rahul-yadavs-latest-antics-seem-like-a-hit-job-on-housing-com-brand/92823/"><strong>Rahul Yadav’s latest antics seem like a hit job on Housing.com brand</strong></a>
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