Entrepreneurial wild card Rahul Yadav is back in the news (surprise surprise). Flipkart co-founders Sachin and Binny Bansal recently invested an undisclosed seed funding in Housing’s former CEO and later hellraiser Rahul Yadav’s new startup ‘Intelligent Interfaces’. According to Economic Times , Sachin Bansal confirmed the investment, but did not disclose the actual amount invested.
Rahul Yadav stated, “Intelligent Interfaces is a startup that aims to bring efficiencies in the processes of the Indian government. The startup will be an interface that will be used by government officials. I see very large businesses that can be created in partnerships with government. one simple online rental agreement, can save the government Rs 2,000-3,000 crore.”
Yadav was removed from Housing.com in July after some heated clashes with the board of the company, and anticipation about his next move in the startup world has been rife until now.