New Startup Idea Not Working Out: Rahul Yadav

Rahul Yadav, who’d earlier claimed that his new startup would be unlike anything that the Indian industry had ever seen, and had said that it would be 10x bigger than any other internet company, has said that his new startup idea is not working out. “Intelligent Interfaces (ii) for government is not working out. Should I make ii for enterprises or come back to real estate?”, he’s just posted on Facebook.

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Yadav, who’d been fired as Housing CEO under dramatic circumstances, had kept his fans on tenterhooks about his new startup. He’d kept dropping hints about what the startup was going to be, and people had been left guessing about which industry he planned to venture into. Rahul had finally announced that his startup, named “Intelligent Interfaces” would use technology and visualization to help the Indian government make policy decisions. He’d even narrowed down on 20 government bodies he hoped would use his services.

 

Yadav had had a promising start with his idea, raising funds from several investors including Flipkart founders Sachin Bansal and Binny Bansal and cricketer Yuvraj Singh. ““He is doing something which is good for the country,” Sachin Bansal said about the startup.

 

But it seems like the company has run into trouble. Yadav’s latest admission seems to suggest that things are not going exactly per plan, and that he’s considering a pivot – either an enterprise solution or back to his first love, real estate. And he’s posed the question to his 70,000 followers on Facebook. Surely an unconventional way to make business decisions, but Rahul Yadav didn’t become a household name by being conventional.