Indian cricketer Yuvraj Singh has made an undisclosed amount of investment in former Housing.com’s chief executive officer and co-founder Rahul Yadav’s start-up Intelligent Interfaces.
"Proud to back Rahul Yadav and Intelligent Interfaces (ii) in helping the Government govern 100x better with the help of technology. Get ready for the (r)evolution!" the all-rounder posted on his Facebook account.
“A 100x company needs 100x team!,” Yadav said as he shared the post on his Facebook account.
Yadav's new venture is expected to provide an interface for the government of India, to make processes of various departments more efficient.
Singh and his business associate Nishant Singhal launched the fund YouWeCan Ventures in 2015 that has made five to six investments so far.
YouWeCan has so far invested in many start-ups including Edukart (education), Healthians (healthcare), Vyomo (beauty services) and Moovo (logistics) and in multi-sports programmes venture SportyBeans.
According to reports, Flipkart co-founders Sachin and Binny Bansal had made undisclosed investments in Yadav's new venture. Micromax's Rahul Sharma and Paytm's Vijay Shekhar Sharma have also made an undisclosed investment in the venture.
Yadav is looking to raise $15 million in funding for the company. Housing.com’s ex-chief of staff, Azeem Zainulbhai, has joined Rahul in his new startup as co-founder.
BW Reporters
The author is Senior Correspondent with BW Businessworld
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