» Business » site hacked within a week of Yadav's sacking site hacked within a week of Yadav's sacking

Source: PTI
July 06, 2015 20:07 IST
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Less than a week after its CEO and co-founder Rahul Yadav was sacked, realty portal's website was hacked on Monday.

The site was hacked by unknown users with the home page displaying "#rahulyadav #housingdown".

"Yes! We will solve real estate, but 10X better with The Chief Architect," the message on the page said. It further said: "We've achieved a lot in the last three years, but the game has just begun. Yet, we are hungry for all! :)". It ended with portal's catch-line "#LookUp". spokesperson was not available for comments. On his Facebook page, Yadav, known for his mercurial temperament, posted a screenshot of the hacked page saying: "I would have DESIGNED it better. #NotInvolved? #LoveYouTechTeam".

The development comes days after Yadav was sacked from the Japan's SoftBank-backed portal.

On July 1, board had sacked Yadav with immediate effect, saying that his behaviour towards investors and media was not "befitting" of a CEO.

Yadav would not be an employee or part of the portal in any manner, the company had said.

Yadav had been in the thick of a controversy after he questioned the intellectual capability of the board and had put in his papers on May 5. Later, he apologised and withdrew his resignation.

The Mumbai-based online real estate platform has more than 2,551 employees spread over 100 cities.

Founded by 12 IITians in June 2012, had last December raised $90 million through private equity infusion from SoftBank Group along with Falcon Edge and other existing investors.

Within two years of its founding, the company expanded from its original rent and resale proposition to include PGs and hostels, serviced apartments, land, plot projects and new projects. 

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