Mumbai: Mumbai-based Locon Solutions Pvt. Ltd that operates property portal Housing.com, on Tuesday said it has appointed Jason Kothari as its chief business officer and member of the operating committee. Kothari will drive the portal’s overall strategy and growth in India.

Kothari, together with Rishabh Gupta, interim CEO and COO, will be reporting to the operating committee and the company board.

“Backed by a global and diverse work experience, Jason brings valuable knowledge and understanding of the entrepreneurial industry having founded and closely worked with entrepreneurial ventures," said Gupta.

Kothari, a Wharton graduate, has been an investor and advisor to various start-ups. He is a co-founder of comic books company Valiant Entertainment Inc.

The company is looking to lay off over 600 employees over the next three months. Housing.com that raised $90 million in a funding round led by Softbank in December last year has been in the news lately for controversies surrounding its former chief executive officer Rahul Yadav. The company board asked Yadav to resign in July, citing his behaviour towards media and investors.

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