Online real estate platform Housing has appointed Vivek Jain as its Chief Product & Technology Officer (CPO/CTO). In his new role he will be responsible for the product and engineering aspects of the business.
Prior to Housing, Jain was the VP Products of Digital Media at Reliance Jio for nearly 2 years. He also worked as the Product/Business Head at AWF Bandwidth at Amazon for 2 years, after having a 2 year stint as Senior Product Manager at SMC Network. He also worked at Motorola, Google, as the Senior Customer Operators Consultant and Lead, System Integration and Test for 4G. Other than this, he has worked as a reviewer at the US Department of Commerce and as a deputy Director at Ashley Laurent.
Other changes at Housing: In July this year, Housing promoted Mani Rangarajan as the Chief Business Officer. He joined the company in October 2015 as its Chief Financial Officer. In May, the company hired Dilip Tuli as Senior Vice President – Strategy and New Business Initiatives and Ashish Laghate as Assistant Vice President – Product. Housing appointed Jason Kothari as its new CEO in November 2015, after Rahul Yadav was let go as CEO of the company in July last year.
In April this year, Abhishek Anand, Ravish Naresh and Sanat Ghosh, co-founders of Housing, quit the company to start a new venture. In March, the company’s co-founder Advitiya Sharma quit the company, to startup but was undecided at that time. In October 2015, it appointed Nandini Mehta as general counsel where she would be responsible for defining the company’s legal framework. A month later Housing appointed Nikhil Rungta as its chief marketing officer.
Housing funding: Housing also raised an undisclosed amount of funding from Vineet Singh, the co-founder and CEO of Buildzar, an online portal for buying construction material, in April. In January, it had secured Rs 100 crore in funding from Softbank to drive its new strategy and growth plans. In December 2014, it raised $90 million from Softbank with participation from Falcon Edge and other unnamed investors.