Intelligent
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Intelligent Interfaces was an Indian data startup founded in 2015 by Rahul Yadav, the ousted CEO of Housing.com, and Azeem Zainulbhai. It aimed to provide intelligent data aggregation and visualisation solutions to the Government of India, with the stated mission of making governance a hundred times more efficient through technology-driven policy decision tools. The startup raised INR 3.1 crore at a valuation of over INR 170 crore from investors including Flipkart founders Sachin and Binny Bansal, Paytm founder Vijay Shekhar Sharma, Micromax co-founder Rahul Sharma and cricketer Yuvraj Singh. It shut down in mid-2016 without ever launching a clearly defined product.
02 / Intelligent FAILURE REASONS
Failure reasons
Months after the funding announcement, nobody knew what the company was actually doing: no product had been disclosed and no government contracts materialised. Yadav himself admitted on Facebook that the startup 'for government is not working out.' The INR 3.1 crore raised was burned through, and the company shut down in mid-2016. Contemporary coverage attributed the failure to the lack of a defined product and an unfocused, personality-driven launch.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Rahul Yadav, removed as CEO of Housing.com in mid-2015, founds Intelligent Interfaces with Azeem Zainulbhai to build data tools for the Indian government.
- Funding round
The company raises INR 3.1 crore at a valuation of over INR 170 crore from Sachin and Binny Bansal, Vijay Shekhar Sharma, Rahul Sharma and Yuvraj Singh.
- Shutdown
Yadav admits the government venture is not working out; Intelligent Interfaces shuts down in mid-2016, having burned through its funding.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Intelligent Interfaces raised INR 3.1 crore (about $465,000) at a valuation of over INR 170 crore; no later rounds were reported.
- 02
The company shut down in mid-2016 after burning through the funding raised; no asset-sale or creditor-settlement terms were disclosed.