REA Group has announced that Dhruv Agarwala has decided to step down as CEO REA India after 14 years with the business. REA India is the owner of Housing.com and PropTiger.com.
Agarwala co-founded PropTiger in 2011 before REA Group acquired a controlling interest in 2020, following its initial investment in 2017. He led the successful acquisition of Housing.com and played a central role in the integration of this platform.
Agarwala will remain with the business to support the appointment of his successor and ensure a smooth leadership transition before departing. As per the company, a comprehensive process to appoint a new CEO is underway.
REA Group CEO Owen Wilson said, “Dhruv is an exceptional entrepreneur and 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. He leaves behind a considerable legacy that will have a lasting impact.”
Agarwala commented, “It has been a privilege leading REA India and I’m incredibly proud of everything we have achieved together. From founding PropTiger in 2011 to growing Housing.com into India’s foremost digital real estate platform, it has been an amazing journey. Now feels like the right time for me to step away and create space for new leadership to take the company forward. REA India is in great shape – with a clear strategy, a strong team, and a powerful brand that’s changing the way people experience property in India. I look forward to watching the company continue to grow and thrive from the sidelines.”