Realty portal Housing.com has appointed co-founder Snehil Buxy as its chief product officer. In his new role, Buxy will be responsible for new products and solutions. Prior to this, he led the front-end team and product development at the company.
Housing recently appointed Jason Kothari as its new CEO in November. Following the tumultuous exit of the company’s co-founder and CEO Rahul Yadav, the company was run by an executive committee that controlled its finances and operations. The committee was led by SoftBank’s Jonathan Bullock, interim CEO Rishabh Gupta, Housing’s angel investor Haresh Chawla and chief technical officer Abhishek Anand.
Other appointments: In November, Housing appointed Nikhil Rungta as its chief marketing officer. In October, Housing appointed Nandini Mehta as general counsel where she would be responsible for defining the company’s legal framework. The same month, it also appointed Mani Rangarajan as its chief financial officer. Rangarajan would be responsible for financial strategy and planning.
In October, Housing also appointed Keerthi Kiran as the vice president of its new real estate projects division. Kiran was with Housing for nearly 2 years before being promoted to this role. The company also recently appointed Abhishek Hota as its chief of staff.
Lay-offs at Housing: Note that in November Housing had laid off employees and said it would restructure its operations to focus more on the home-buying segment. In August, Housing confirmed that it had let go of 160 employees but MediaNama had received an anonymous tip-off that the number of staff cuts could be as high as 1,100, almost half of its workforce, and most of the people who would be affected would be the company’s ground and operational staff.
Housing acquisitions: In September, Housing acquired Plat, a startup that operates as an online network for agents allowing them to share real estate inventories and requirements. It had also acquired BigBHK, a property management software targeted at rentals suppliers. Other than this, Housing also acquired sales lifecycle management HomeBuy360 for $2 million in May, the Delhi-based real estate analytics portal Realty Business Intelligence for an estimated $2-4 million and the realty-focused online community Indian Real Estate Forum (IREF) for Rs 8 crore in March.