Techsmart Moments India — 12/1

Flipkart office
  1. 3 top Flipkart executives quit a day after new CEO announced. Flipkart’s supply chain unit Ekart’s head Saikiran Krishnamurthy, senior vice-president (product) Surojit Chatterjee and chief marketing officer Samardeep Subandh are leaving following the top level restructuring.
  2. Housing CEO Jason Kothari joins Snapdeal.
  3. Ixigo acquires mobile content-sharing app Reach to bring entertainment in the travel space.
  4. ‘I don’t believe that India can be a cashless economy,’ says SBI Chief Arundhati Bhattacharya at WIEF 2017.
  5. Flipkart’s integrated payment system, PhonePe claimed to have completed 10 million downloads on the Google Play Store.
  6. Bengaluru-based chain of business centres and co-working spaces InstaOffice has raised pre-series A investment in a round led by Globevestor.
  7. Paypal users donated nearly Rs.50,000 crore to charity in 2016.
  8. Flipkart’s Binny Bansal invests in 3D printing startup Supercraft3D.
  9. Tesla hires senior Apple executive Chris Lattner for Autopilot technology.
  10. Delhi Graphic designer Krishnan Bhardwaj held for printing Rs.6L in fake notes.

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