Dhruv Agarwala has decided to quit as the chief executive officer of REA India, the company that operates Housing.com and PropTiger.com said on April 3.
The decision comes after his 14 years with the company during which he played a pivotal role in its growth, REA India said.
Agarwala, who co-founded PropTiger in 2011, will remain with REA India to facilitate a smooth leadership transition while the company searches for his successor.
He is leaving to peruse his own entrepreneurial journey, it said.
“Now feels like the right time for me to step away and create space for new leadership to take the company forward. REA I look forward to watching the company continue to grow and thrive from the sidelines,” Agarwala said in a statement.
REA India is a part of Australia’s REA Group Ltd. REA Group had acquired a controlling interest in PropTiger in 2020 following its initial investment in 2017.
Agarwala spearheaded the acquisition of Housing.com and was instrumental in the seamless integration of the platform.
From founding PropTiger in 2011 to growing Housing.com into India’s foremost digital real estate platform, it has been an amazing journey, Agarwala.
“Dhruv has harnessed the rapid expansion of digital real estate in India to build a high growth business. He has created a culture of innovation and developed a talented team who have delivered a market-leading audience and significant revenue growth in a highly competitive market,” REA Group CEO Owen Wilson said in the statement.
REA Group had completed its acquisition of its India business in October 2020.
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