Remember Rahul Yadav?
Yes. That Rahul Yadav. The one that got a “founders’ mafia” to come and back him. And I am so, so over this story about him.
Earlier today Yadav announced in his usual blunt style to the world on his Facebook page that his next venture “Intelligent Interfaces for Government is not working out.”
But that’s not the story.
It’s a really candid admission from someone who was almost being touted as the Steve Jobs of India. And stories such as “Education of Rahul Yadav” and “Inside the irreverent, ambitious mind of Housing.com’s co-founder” attempted to almost justify his “maverick” streak , and how they were being understood.
Anyway. This is not really about Yadav’s last venture that had backers including Flipkart co-founder Sachin Bansal and Binny Bansal apart from Naveen Tiwari.
It’s about his next. Rental Solutions Pvt. Ltd. The new company was incorporated in March. According to documents from the registrar of companies, the new company will:
“…carry on the business of renting of properties, homes, land and building physically and through online portal including consultancy technology support and provide assistance for property rental, online listing of properties ,aggregation platform for buying, selling and renting of properties including residential, commercial, land and building in india and outside india.”
That’s pretty much what Housing does.
While it’s not clear if the Bansals and Tiwari are backing his next venture too, Yadav has found cricketer Yuvraj Singh’s fund as the lead backer again. Nishant Singhal, who runs the cricketer’s fund, is a director in Yadav’s new company.
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Disclosure: FactorDaily is owned by SourceCode Media, which counts Accel Partners, Blume Ventures and Vijay Shekhar Sharma among its investors. Accel Partners is an early investor in Flipkart. Vijay Shekhar Sharma is the founder of Paytm. None of FactorDaily’s investors have any influence on its reporting about India’s technology and startup ecosystem.