Abhishek Anand, Sanat Ghosh and Ravish Naresh, all co-founders of Housing.com, are set to launch a product startup in the human resource management sector, a week after resigning from the Mumbai-based real estate portal.
“We want to leverage technology to bring the process of ‘recruiting’ completely online. By building a platform where we can help candidates and companies to discover, communicate and engage with each during the entire ‘recruiting’ process,” said Ghosh, a 26-year-old IIT-Bombay graduate who built the product team at Housing.
Anand, the former CTO at the real estate portal, said while building Housing, he realised that the “recruitment” process is broken at the fundamental level. “When we dug deeper, we felt that this is a big enough problem that can be solved by building an Internet product and no one in the industry has approached it in the right manner,” said the 24-year-old.
At the core of the solution, the three are looking to make use of semantic search, machine learning and big data to build the product.
The three engineers – Ghosh, Anand, and Naresh – plan to move to Bengaluru and bootstrap in the coming months until they build the product.
Of the 12 IIT-Bombay graduates who co-founded Housing, nine have now left the company. After the ouster of co-founder and CEO Rahul Yadav, none of the founders hold a board position.
Anand was responsible for scaling the technology team of over 200 at Housing and led its Data Science Labs (DSL) division. Naresh, 26, scaled Housing’s on-ground data collection model to top 20 cities and later built the sales teams.
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Housing, too, revamped its top management team to get more experienced talent on board. It made numerous additions to its leadership team, including Mani Rangarajan, chief financial officer; Nikhil Rungta, chief marketing officer; Nandini Mehta, general counsel; and Abhishek Hota, chief of staff.
In November, Housing said it would focus on its home buying and selling business and scale down its listings and rentals, commercial properties, short stays and land businesses.
Housing competes with CommonFloor, 99Acres and MagicBricks, owned by the publisher of this paper.
“Abhishek, Ravish and Sanat played an important role in building the foundation of Housing.com. They are moving out to pursue their new dream of starting another new ventur. I am sure what they undertake next will be as exciting as Housing,” said Housing CEO Jason Kothari.
This article was originally published in ET Tech