Flipkart's Bansals back Rahul Yadav's new venture 'Intelligent Interfaces'

Intelligent Interfaces is a technology platform helping various government departments use internet and technology tools to save cost and add service delivery.
Intelligent Interfaces

Making an entrepreneurial wild card entry, Rahul Yadav (ex CEO, Housing.com) is back with his new venture backed by two of the biggest names in Indian eRetail space and co-founders of Flipkart, Sachin and Binny Bansal.
Rahul’s new startup, Intelligent Interfaces is a technology platform helping various government departments use internet and technology tools to save cost and add service delivery. The startup is all set to get its first business from a government department in two weeks, said Rahul at a press meet.
Bansals have confirmed the investment but the amount and other financial specifics still remains undercover. “He is doing something which is good for the country,” said Sachin Bansal.
"The startup will be an interface that will be used by government officials. I see very large businesses that can be created in partnerships with government," said Rahul Yadav.
Giving an example Yadav said one simple online rental agreement can save the government Rs 2,000-3,000 crore.
After taking an exit from Housing in July this year, Yadav's moves have been increasingly been anticipated by the startup ecosystem. Speculation has been rife about Yadav raising capital from founders of India's largest internet companies.
Yadav stated in a panel discussion at Flipkart's annual tech event ‘Slashn’ that that he doesn't plan to raise funding from venture capital investors for his new startup.
During a panel discussion held at the event, the moderator Punit Soni asked the panel what they would do if they were at Housing for which all the panel members responded supporting Yadav. “I would focus on customers rather than shareholders, agents, employees and all other stake holders,” said Sachin Bansal. "If I were housing CEO, I would hire less people, and if I were the investor, I would bring Rahul Yadav back," said Naveen Tewari, CEO, InMobi, who has Softbank as a common investor with Housing. Vijay Shekhar Sharma, CEO, PayTm said, "If a company is not run by the founder, it gets very difficult to scale the startup."
Yadav is quite confident about getting business from various central and state departments. “We have very powerful people on our board,” he said. However, no more insights on funding, partnerships and other specifics were disclosed.

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