Prior to Housing, Rangarajan was an advisor at Semantify for nearly a year, before which he worked as the chief financial officer at Evergent for over a year. He also acted as an advisor for Travel Ticket from December 2010 to May 2014, as well as for Eveningflavors from October 2010 to July 2012. In 2011, he was appointed the CFO of Media Boost’s Billy.com where he worked for nearly two years.
Prior to this, Rangarajan was the CFO at MJ Consultants for over three years between April 2008 and 2011. From 2002 to 2008, Rangarajan acted as the finance executive and chief of staff to the CFO at Yahoo. He was also the VP of operations and risk management at CitiBank for over eight years.
Earlier this month Housing 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. Note that in August, Housing laid off over 160 employees citing that it needed to focus on its core products.
However, MediaNama had received an anonymous tip-off at the time, that the number of staff cuts could be as high as 1,100 and that most of the people affected were the company’s ground and operational staff. The tip-off added that most of the ground and operational staff were hired from telecom and FMCG companies with nearly 50-60% pay hikes.
Following the tumultuous exit of the company’s co-founder and CEO Rahul Yadav, Housing was run by an executive committee that controls 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.
Housing acquisitions: Last month 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.