India's largest e-commerce company, second largest IT services exporter and a biotechnology major share one thing in common: Koramangala, Bengaluru. A suburb in the south-eastern part of Bengaluru where Flipkart, Infosys and Biocon were born. That's not about it. All these offices were rented, says Biocon chairperson Kiran Mazumdar-Shaw on microblogging site Twitter. And Ms Mazumdar-Shaw's tweet comes on a day Walmart group acquired a controlling stake in Flipkart for about $16 billion - the biggest acquisition by the US retailer.
Terming Koramangala as a "lucky suburb", the Biocon chief said: "Infosys & Biocon also started in rented offices in Koramangala..." Ms Mazumdar-Shaw, founder of Biotech, also serves as independent member of the board of Infosys.
Flipkart's First Office: A Bungalow That Nurtured $20.8 Billion Unicorn - Infosys & Biocon also started in rented offices in Koramangala - lucky suburb! https://t.co/Yv9P3nc8l4Kiran Mazumdar Shaw (@kiranshaw) May 9, 2018
447-C, 12th main, KoramangalaFlipkart sold 77 per cent of its stake to Walmart groupEssential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
