Housing.com just saw the exit of 3 more co-founders
Abhishek Anand, Ravish Naresh and Sanat Ghosh, co-founders of the Mumbai based, real estate portal Housing.com have quit the company two weeks ago to start their own venture. The trio held senior positions of Chief Technology Officer, Chief Executive Office of Indian Real Estate Forum (IREF) — acquired by housing.com last year — and Assistant VP of Product respectively. One month ago, Advitiya Sharma, another co-founder had quit the company.
“Abhishek, Ravish and Sanat played an important role in building the foundation of Housing.com. They are moving out to pursue their new dream of starting another new venture. I sincerely thank them for their contributions and wish them the very best. I am sure what they undertake next will be as exciting as Housing,” current CEO Jason Kothari told livemint.com in an email.
“Housing.com was our dream, and we are glad to see that the current Housing.com leadership team is strong, with very accomplished executives working alongside a young innovative team. We are confident that the positive momentum and high-growth at Housing.com will continue as we move on to our next dream, a new venture,” the three told livemint.com via email.
Housing.com — which allows customers in multiple cities to search for houses based on geography, number of rooms and various other filters — was cofounded by 12 students of IIT Bombay in 2012. Four of them left by 2012. 5 more have left since July 2015. Amongst them, Snehil Buxy, Chief Product Officer; Jaspreet Saluja, Head - Data Operations and Amrit Raj, Head - Digital Marketing are still with the organization they helped found.
The company, which started a listings platform, changed focus to allow buying and selling homes under the leadership of current CEO, Kothari. Many members of the senior management like Chief Financial Officer Mani Rangarajan, Chief Marketing Officer Nikhil Rungta and General Counsel Nandini Mehta are all relatively new.
Notwithstanding the funding crunch, many former entrepreneurs and entrepreneur-turned unicorn executives are feeling unafraid to pursue their higher aspirations, with the confidence of having a sound network and cash in the bank. The Economic Times recently commented on the steady stream of top executives who have been quitting their cushy jobs in high-profile (former) startups like Flipkart, Snapdeal, Ola, Zomato and PayTM to launch their own enterprises.