Flipkart co-founders Sachin, Binny Bansal invest in Rahul Yadav's new start-up
However, financial details or the amount invested hasn't been revealed yet.
Flipkart co-founders Sachin Bansal and Binny Bansal have invested an undisclosed amount in realty portal Housing.com's former CEO Rahul Yadav's new startup Intelligent Interfaces, according to the Economic Times report.
The amount has not been disclosed yet.
According to the report, Rahul Yadav revealed that the start up will be an interface for government officials, to bring in efficiency in the processes of the Government of India.
The startup aims to bring efficiencies in the processes of the Government of India.
Yadav said that he sees the possibility of very large businesses that can be created in partnerships with the government.
While Sachin Bansal confirmed the investment, the exact amount hasn't been disclosed yet
Rahul Yadav has been surrounded with controversies since he unceremoniously resigned from the company, joined again, and was ultimately sacked by the other co-founders.
In September, Paytm's Vijay Shekhar Sharma had invested an undisclosed amount in Yadav's start up, details of which were not revealed back then.