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Housing appoints Nikhil Rungta as Chief Marketing Officer

nikhilrungtaRealty portal Housing.com has appointed Nikhil Rungta as its chief marketing officer, reports the ET. Prior to Housing, Rungta was the senior vice president of marketing at Reliance JIO and the CMO for Google India, where he led the position for four years.

Overall, Rungta has over 20 years of experience in the marketing field and has worked in leadership roles at Yatra and Yebhi, where he headed the marketing for the companies. Other than this, he also worked at McCann Erickson, Dhar & Hoon Advertising, Shaw Wallace & Company and Mayfair Electrical Industries.

Other appointments : Last month, 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. In his new role Rangarajan will be responsible for financial strategy and planning. 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. 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 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.

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.

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