Home / Business and Economy / Opendoor CEO Confirms India Operations Shutdown
Opendoor CEO Confirms India Operations Shutdown
11 Jun
Summary
- Opendoor CEO Kaz Nejatian confirmed the shutdown of India operations.
- Approximately 250 employees in India will be impacted by the closure.
- The decision to close operations was stated as performance-independent.
Opendoor CEO Kaz Nejatian confirmed the cessation of the company's operations in India, impacting approximately 250 employees. Nejatian indicated that this decision was not a reflection of employee performance.
The news has led to increased online searches for "opendoor india operations closure," "OpenDoor," and "Kaz Nejatian." Nejatian, a former lawyer and executive at Meta and Shopify, took the helm as CEO of the US-based real estate technology company in 2025.
His career includes co-founding the payment startup Kash, which was acquired in 2017. He also played a role in designing Canada's Startup Visa program. Before joining Opendoor, Nejatian held leadership positions at Meta, working on payment products across WhatsApp, Instagram, and Facebook Marketplace.
He later joined Shopify in 2019, serving as Chief Operating Officer and Vice President of Product, where he helped scale the e-commerce platform. Nejatian holds degrees from Queen's University and the University of Toronto Faculty of Law.
