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Housing.com appoints Aditya Singh Sandhu as chief revenue officer
Veteran executive joins as platform sharpens revenue strategy and expands into tier-2 markets
GURGAON: Digital real estate platform Housing.com has appointed Aditya Singh Sandhu as chief revenue officer, betting on his two decades of leadership experience to turbocharge revenue growth and sharpen its go-to-market strategy.
Based out of the company’s Gurgaon office, Sandhu will spearhead efforts to expand market presence, accelerate revenue growth and scale commercial operations across key business segments.
Sandhu brings more than 20 years of experience spanning India and the United States, with stints across FMCG, e-commerce and technology-led firms. Over the course of his career he has built and scaled businesses at different stages—from early-stage startups to large enterprises.
Before joining Housing.com, Sandhu held senior leadership roles at ITC Limited, Udaan, Nykaa, VLCC and Ustraa. He also brings entrepreneurial credentials, having co-founded a startup where he served as chief operating officer and helped build a customer-centric, cash-flow-positive business model.
Praveen Sharma, chief executive of REA India, said the appointment comes at a crucial moment as the company prepares for its next phase of expansion.
“We are delighted to welcome Aditya to Housing.com at such a pivotal stage of our growth journey. His extensive experience across diverse sectors, combined with his strong business acumen and people-first leadership style, makes him uniquely suited to lead our revenue function,” Sharma said.
Sandhu said the country’s rapidly evolving digital real estate ecosystem offers significant headroom for growth.
“I am excited to join Housing.com at a time when the digital real estate ecosystem in India is evolving rapidly. The platform has built a strong foundation and holds immense potential to further transform how people discover and transact real estate,” Sandhu said.
He added that the company’s recent push into 15 new tier-2 cities opens the door to a wider pool of homebuyers.
“With Housing.com recently expanding into 15 new tier-2 cities, there is a tremendous opportunity to bring digital-first property discovery to a wider base of homebuyers. I look forward to working with the team to drive growth, enhance customer value, and build a robust, future-ready revenue engine,” he said.
Founded in 2012, Housing.com was acquired by REA India, formerly known as Elara Technologies, in 2017. The platform now operates in more than 45 cities across tier-1 and tier-2 markets, offering listings across new homes, resale homes, rentals, plots, commercial spaces and co-living accommodation, alongside advertising solutions for developers and brokers.
With Sandhu now steering the revenue engine, Housing.com is signalling clear intent: scale faster, push deeper into India’s expanding property markets and tighten its grip on the country’s digital house-hunting boom.
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Devyani International Ltd plans three-subsidiary merger to streamline operations
QSR operator moves to streamline structure and unlock operational synergies
Devyani International is tightening its corporate kitchen. The quick-service restaurant operator has approved a scheme to merge three subsidiaries—Sky Gate Hospitality, Blackvelvet Hospitality and Say Chefs Eatery—into the parent company in a bid to simplify its structure and sharpen operational efficiency.
The decision was cleared at a board meeting on March 10 and disclosed in a regulatory filing to the stock exchanges. The merger will take effect from April 1, 2025, subject to statutory approvals.
All three transferor companies are direct or indirect wholly owned subsidiaries, meaning no fresh shares will be issued and the shareholding pattern of Devyani International will remain unchanged once the scheme is completed.
The subsidiaries together operate more than 100 outlets—including dine-in restaurants and cloud kitchens, spread across over 40 cities such as Delhi NCR, Mumbai, Kolkata and Bengaluru.
Devyani International, the largest franchisee of Yum Brands in India, said the consolidation is aimed at generating operational synergies, optimising resource utilisation and reducing layers within the corporate structure.
Financially, the move brings together businesses of varying scale. As of March 31, 2025, Devyani International reported a net worth of Rs 10,381.02 million and turnover of Rs 33,493.33 million. Sky Gate Hospitality posted a net worth of Rs 761.14 million with turnover of Rs 2,657.57 million, while Blackvelvet Hospitality and Say Chefs Eatery reported smaller operations and negative net worth.
The merger will consolidate these operations under a single corporate umbrella as the company sharpens its focus on scale and efficiency.
Devyani International currently runs more than 2,000 outlets across over 280 cities in India, Nigeria, Nepal and Thailand. Its portfolio includes franchise rights for brands such as Pizza Hut, KFC, Costa Coffee, Tea Live, New York Fries and Sanook Kitchen, alongside its own food brands.
With the paperwork underway and approvals pending, Devyani is essentially clearing the corporate clutter—turning three subsidiaries into one tighter, leaner operation. In the QSR world, even the back office needs a spring clean.
