Ex-Housing CEO Rahul Yadav admits his new startup Intelligent Interfaces isn’t working

Rahul Yadav, known widely as the maverick in the Indian startup industry after the infamous Housing.com scandal has announced publicly his second attempt at a startup isn't working out.

Just two days ago, the Housing co-founder asked followers on Facebook whether he should rethink his current business model for startup Intelligent Interfaces, or go back to his initial business - real estate.

Intelligent Interfaces was envisaged as a company that will offer provide data aggregation and visualization for the country’s government. The venture was backed by Flipkart's Bansals, Yuvraj Singh's private-equity venture and reportedly Paytm's Vijay Shekhar Sharma and Rahul Sharma of Micromax. At the E-Summit held at IIT Bombay this January, Sachin Bansal endorsed Yadav's idea, saying he was after 'big problems'.

However, a few months on there were more questions than answers. Yadav’s post back in Sept 2015 about the company designing ‘next-gen interfaces’ and that ‘elite/hardcore gamers can ping’ him for Product roles didn’t help much. According to MCA documents accessed by Inc42, the company raised some Rs. 3.1 crores at a valuation of Rs. 170 crores, while some reports pegged that figure at millions.

Yadav’s second venture created a lot of buzz in the startup scene after his dramatic exit from Housing.

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