A week after exit, 3 cofounders of housing eye hr

1. A Week after Exit, 3
Cofounders of Housing Eye HR

2. Contd…
Abhishek Anand, Sanat Ghosh and Ravish Naresh, all cofounders of
Housing.com, are set to launch a product startup in the human
resource management sector, a week after resigning from the Mumbai-
based real estate portal. “We want to leverage technology to bring the
process of `recruiting' completely online. By building a platform where
we can help candidates and companies to discover, communicate and
engage with each other during the entire `recruiting' process,“ said
Ghosh, an IIT-B graduate who built the product team at Housing.
Anand, the former CTO at the real estate portal, said, while building
Housing, he realised that the “recruitment“ process is broken at the
fundamental level.

3. Contd…
“When we dug deeper, we felt that this is a big enough problem that can be
solved by building an Internet product and no one in the industry has
approached it in the right manner,“ Anand said.
At the core of the solution, the three are looking to make use of semantic
search, machine learning and big data to build the product. The three
engineers -Ghosh, Anand, and Naresh -plan to move to Bengaluru and
bootstrap in the coming months until they build the product.
Of the 12 IIT-Bombay graduates who cofounded Housing, nine ha ve now left
the company. After the ouster of CEO Rahul Yadav, none of the founders hold
a board position. Anand was responsible for scaling the tech team of over
200 at Housing and led its Data Science Labs division.

4. Contd…
Naresh scaled Housing's onground data collection model to top 20 cities and
later built the sales teams.
Housing, too, revamped its top management team to get more experienced
talent on board. It made numerous additions to its leadership team,
including Mani Rangarajan, chief financial officer; Nikhil Rungta, chief
marketing officer; Nandini Mehta, general counsel; and Abhishek Hota, chief
of staff.
In November, Housing said it would focus on its home buying and selling
business and scale down its listings and rentals, commercial properties, short
stays and land businesses.
Housing competes with Common Floor, 99Acres and MagicBricks, owned by
the publisher of this paper.

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Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
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