New Delhi, July 7: The former CEO and co-founder of realty portal Housing.com, Rahul Yadav has landed in another controversy. He was sacked from the company on July 1, 2015 and the company's website was hacked on July 6.
The website is going down multiple times since Monday, July 6. An unknown user(s) hacked the homepage of the portal displaying, "#rahulyadav #housingdown".
"Yes! We will solve real estate, but 10X better with The Chief Architect," the message on the page said. It further said, "We've achieved a lot in the last three years, but the game has just begun. Yet, we are hungry for all! :)". It ended with portal's catch-line "#LookUp".
However, Rahul Yadav claimed that he was not involved in the hacking. Writing on his Facebook page, Yadav wrote, "I would have DESIGNED it better. #NotInvolved? #LoveYouTechTeam".
Housing.com board had sacked Yadav, saying that his behaviour towards investors and media was not "befitting" of a CEO. Yadav would not be an employee or part of the portal in any manner, the company had said in its official statement.
Yadav had 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 withdrew his resignation. The Mumbai-based online real estate platform has more than 2,551 employees spread over 100 cities.[Housing.com sacks CEO Rahul Yadav]
Founded by 12 IITians in June 2012, Housing.com in Dec 2014 had raised USD 90 million through private equity infusion from SoftBank Group along with Falcon Edge and other existing investors.
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.