A good, strong executive team is a must for any company in its initial years. With most of its founding team having jumped ship, Housing is probably feeling the pain. Which is why the recent appointment of Vivek Jain, former Google and Amazon executive, to the position of its Chief Product and Technology officer, must come as a relief to the real-estate company.
The company announced the appointment today, while adding that Jain will help Housing realize it’s vision for the future. Vivek, who is making the switch from a position as CEO of CA Media Digital, will be taking over the reins of departments vital to the company’s growth. Educated from The University of Texas at Austin, he is a veteran of various different fields. After kicking off his career with Texas-based startup Ashley Laurent, Vivek worked with Motorola Mobility and also Amazon as the Bandwidth Product/Business Head for its Web Services.
He has had plenty of experience working in the Indian sphere as well and has handled responsibilities with Reliance Jio as Vice President, which he joined back in 2014.
Speaking on the topic, Jason Kothari, Chief Executive Officer, Housing.com said,
Our goal is to become the most trusted and the leading end-to-end real estate transaction platform in the country, and robust product and technology innovation will be important for us to achieve that. Vivek comes with best-in-class product and technology leadership experience, global exposure and an entrepreneurial mind-set, which is a unique mix, and one that blends seamlessly with the thinking and culture at Housing.com.
Commenting upon his latest, upcoming role at Housing, Jain said,
As technology continues to play an increasingly important role in our day-to-day lives, Housing.com has managed to bring the benefits of technology to the real-estate segment through path-breaking product innovations. As the company gears up for the next phase of growth and transformation, product and engineering will define the contours of success, and with an immensely talented team, I believe Housing.com is well-poised to fulfill the potential.
Meanwhile, lets see if the move helps turn the fortunes of the much beleaguered company around. The company has been on a downward slope ever since erstwhile CEO-Founder Rahul Yadav was fired from the company, leading to a string of mass layoffs and founder level exits. Housing now operates with a much leaner team and a staff that focuses more upon projecting the platform as a portal to buy and sell properties.