appointment Auction.com Foreclosure HOUSING jason Allnut property Ravi Singh REO technology 2019-02-25 Radhika Ojha California-headquartered Auction.com, a real estate marketplace for distressed asset disposition, has announced the appointment of technology innovator Ravi Singh as Chief Product and Technology Officer. In this role, Singh will oversee Auction.com’s combined product, technology, and engineering functions, while expanding the company’s suite of technology products. He will report to Jason Allnut, CEO, Auction.com.“Ravi’s proven leadership aligns perfectly with Auction.com’s focus on growth and innovation,” Allnutt said. “I look forward to supporting Ravi as he continues advancing Auction’s technological capabilities and evolving our next generation of disruptive technologies such as Auction Interact™. This suite of interactive products– including Portfolio Interact™ for sellers and Foreclosure Interact™ mobile app for buyers–will fully digitize the REO and courthouse experiences, enabling a seamless, transparent and real-time transaction.”Most recently, as Executive Director of Demco, Singh led the software division where he structured a merger of two companies and created a new platform that has become the foundation for its product infrastructure. Prior to that as SVP of Technology at Tillster, Singh was instrumental in building and executing the vision of an omnichannel e-commerce solution for clients like Burger King, Yum Brands, and Baskin Robbins among others in multiple countries. As VP, Engineering and Product Development at MediaShift, Singh drove product development and strategy.“Auction.com’s technology – complemented by its world-class marketing, precise operational execution, and a relentless focus on clients and growth – is how it has grown to be the real estate disposition leader,” Singh said. “My focus will be to partner with our internal teams and continue strengthening our technology infrastructure and delivering cutting-edge solutions for our clients and customers.”In 2005, Singh founded NaviVision and built a semantic search and product matching engine that analyzed products across multiple channels and aggregated like products for analytics and business intelligence. NaviVision had a successful exit in 2010.