Cricketer Yuvraj Singh has announced investing in Housing.com's co-founder and former CEO Rahul Yadav's new venture. But the details of the deal have not been not disclosed.
After being fired by the board members of real estate services provider Housing.com in July, Yadav has recently started Intelligent Interfaces.
"Proud to back Rahul Yadav and Intelligent Interfaces (ii) in helping the Government govern 100x better with the help of technology. Get ready for the (r)evolution! (sic)" the cricketer posted on his Facebook account.
Yadav's new venture has also raised an undisclosed amount from Flipkart co-founders Sachin and Binny Bansal. Micromax's Rahul Sharma and Paytm's Vijay Shekhar Sharma have also invested in Intelligent Interfaces, according to a report by india.com.
In July, Housing.com had ousted Yadav citing his objectionable behaviour towards investors, partners and the media.
"The board believes his behaviour is not befitting of a CEO and is detrimental to the company," a source close to the developments had said.
Yadav, 26, a final-year dropout from IIT-Bombay, had created a fair amount of controversy at the company before he was fired. Yadav had quit the real-estate startup in May, criticising the board members in his resignation letter. Later, he did a U-turn by withdrawing his resignation and apologising to the board.
Meanwhile, Yuvraj Singh launched YouWeCan Ventures earlier this year to invest in Internet start-ups in the country. So far, the venture has reportedly backed start-ups including Edukart (education), Healthians (healthcare), Vyomo (beauty services) and Moovo (logistics).