According to a report in PTI: Dilip Tuli will assist with strategy and oversee new business initiatives such as transaction facilitation and fulfilment services, Housing.com said in a statement.
Tuli, who graduated from the Shri Ram College of Commerce, Delhi University, is a chartered accountant and a CFA Charter from CFA Institute. He has nearly 15 years of consulting experience of working across many different businesses.
Chief Executive Officer, Housing.com, Jason Kothari said: “Housing.com is rapidly growing in popularity as a platform and in revenue generation, and Dilip will be focused on developing new business initiatives to fuel growth further”.
Softbank-backed Housing.com has raised over $100 million from various investors since it was founded in 2012.
Housing.com is a Mumbai-based real estate search portal which allows customers to search for housing based on geography, number of rooms, and various other filters. The company has 6,000 brokers and serves 40 cities in India including Chennai, Mumbai, Bangalore, Kolkata and Delhi.
A group of twelve students from the Indian Institute of Technology, Bombay founded Housing.co.in in June 2012. The company purchased Housing.com from San Francisco-based internet entrepreneur, Peter Headington, and the telephone number 03-333-333-333 in September 2013 for a total of $1m.
Housing.com has raised four rounds of funding since its founding in 2012. The company raised $2.5 million in Series A funding from Nexus Venture Partners in June 2013. The company used the funds to create its Data Science Lab and to expand to four cities: Bangalore, Gurgaon, Pune, Hyderabad. The company raised another $19M in venture funding, led by Helion Venture Partners, in April 2014.
In early March 2015, the company had a nationwide brand launch, and revealed its new brand logo, colours and brand philosophy; with the tagline ‘Look Up’. The brand launch was advertised in national newspapers and hoardings in several cities across India; and notably, on the company’s social media pages.
In June 2015, Housing.com then-CEO Rahul Yadav accused Sequoia India MD Shailendra Singh of poaching Housing.com staff. Subsequently, he was asked to leave the company altogether, citing objectionable behaviour. Rishabh Gupta was temporarily in charge, before being replaced by Jason Kothari in November 2015.