Apr 11, 2016

Rahul Yadav’s next startup is...?

This is not really about Yadav’s last venture that had big backers. This is about his next.

BYPankaj Mishra

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.”
Rahul Yadav FB Post
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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Pankaj Mishra is a writer of FactorDaily.