Now the Chief Marketing Officer of Housing.com calls it quits

Just when you thought that the ex CEO Rahul Yadav will be entering the Big Boss house, leaving his former startup firm in peace, and when everything else seemed hunky dory with Housing.com, things take a twist. The chief marketing officer of the property listings website, Pratik Seal is resigning from the company.

At a time when the Mumbai-based company is restructuring its top management and strategy team to focus more on product innovation and monetisation of its core business, Seal’s exit brings gloominess in the company. It’s much appreciated claim to fame campaign Look Up was being led by Seal. The portal has spent Rs 150 crore for the campaign.

Housing.com has confirmed that Seal is now serving a two-month notice period, stepping out in November.
The company is said to have hired a new CMO and CFO who are scheduled to join in the next two weeks.

Housing is already in talks with a clutch of strategic investors for a bigger round of funding, including with Chinese real estate portal SouFun. The existing investor Softbank will back the company with at least $30 million in a ridge round of funding. In August, Housing appointed former Valiant Entertainment CEO as its chief business officer to drive the overall strategy and growth at the real estate portal. After Rahul Yadav was sacked from the company, it is now managed by an executive committee that controls the finances and operations. The committee is led by Jonathan Bullock, the SoftBank executive on the board of Housing.