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Rahul Yadav’s new startup finds backing in Flipkart’s Bansals

  • Flipkart cofounders
    Sachin and Binny Bansal have invested an undisclosed seed funding in online
    realty portal Housing’s former CEO Rahul Yadav’s new startup, Intelligent
    Interfaces.
  •  
  • The startup aims to
    bring efficiencies in the processes of the Indian government. “The startup
    will be an interface that will be used by government officials. I see very

    • Flipkart cofounders
      Sachin and Binny Bansal have invested an undisclosed seed funding in online
      realty portal Housing’s former CEO Rahul Yadav’s new startup, Intelligent
      Interfaces.
    •  
    • The startup aims to
      bring efficiencies in the processes of the Indian government. “The startup
      will be an interface that will be used by government officials. I see very
      large businesses that can be created in partnerships with government,”
      Yadav told the
      Economic Times.
    •  
    • Sachin Bansal
      confirmed the investment, but declined to comment on the amount invested and
      other specifics. “He is doing something which is good for the
      country,” Bansal told the newspaper.
    •  
    • Yadav stated in a
      panel discussion at Flipkart’s annual tech event ‘Slashn’ that that he doesn’t
      plan to raise funding from venture capital investors for his new startup.
    •  
    • In July, Yadav was
      removed as CEO of Mumbai-based realty site Housing after a series of
      controversial incidents.

     

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