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Flatchat’s status: offices shutdown, employees quit, app seems inactive

Classifieds company Quikr has shutdown offices of CommonFloor-owned  roommate finder and home rental app, Flatchat. A spokesperson from the company has confirmed this development with MediaNama and said that “we have consolidated all our assets after our (CommonFloor) acquisitions. Flatchat is merged with our messaging service Quikr Nxt”. Flatchat will however continue to exist as an independent service, added the spokesperson. The development was first reported by Economic Times; the report said Flatchat was a 52-member team based out of its Bangalore office. Quikr had apparently provided an option to employees for moving to a different office out of Bangalore, or a different unit under Quikr, while employees speaking to the publication claimed they were given a month’s notice but were not offered a severance package if they chose to move on. The spokesperson from Quikr however did not comment on this when MediaNama asked. MediaNama had written to Flatchat’s co-founder Gaurav Munjal and its team for a comment; although the team (from CommonFloor) is yet to comment on this, Munjal told us that he stepped down from the role of CEO in August 2015, and issued the following statement as a Facebook post: Flatchat is not the run-of-the-mill product whose revenue was obvious. It was a lean team making a global product. And the response and traction was huge. I can go to the extent of saying it was one of the most innovative product to come up in the recent times because it removed the need for a broker.…

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