Business NewsThe "Lucky" Bengaluru Suburb Connection Shared By Flipkart, Infosys And Biocon
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The "Lucky" Bengaluru Suburb Connection Shared By Flipkart, Infosys And Biocon
Flipkart on Wednesday sold 77% of its stake to Walmart group
Koramangala a 'lucky suburb', says Biocon chairperson Kiran Mazumdar-Shaw
Infosys, Biocon started in Koramangala rented offices, she adds
SM Fathaulla, a retired government employee, owns the 447-C, 12th main, Koramangala property
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/Yv9P3nc8l4
Kiran Mazumdar Shaw (@kiranshaw) May 9, 2018