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. The company used the funds to create its Data Science Lab and to expand to four cities:
Bengaluru,
Gurugram,
Pune,
Hyderabad. The company raised another $19M in venture funding, led by Helion Venture Partners, in April 2014. Housing.com acquired real estate discussion forum, Indian Real Estate Forum (IREF), for $1.2 million in March 2015, Realty BI, a risk assessment firm for realty projects, for $2 million in June 2015, and HomeBuy360, a cloud-based sales lifecycle management platform, for $2 million in August 2015. 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. ==Product==