Flipkart's First Office: A Bungalow That Nurtured The $20.8 Billion Worth Unicorn

The first storey of a two-storey Bungalow in Koramangala became the first office from where Sachin and Binny Bansal started an e-commerce start-up in 2007 that later turned into a unicorn called Flipkart. As Flipkart has now sold its 77% majority stake to a Walmart-led group for $16 billion, the largest e-commerce company's stakeholders vividly recall the first office in the tony neigbourhood where the company learnt to take the baby steps in 2007. On Wednesday, Flipkart sold its 77% of its stake to Walmart group in a deal that values the 11-year-old company for $20.8 billion.  

Located in 447-C, 12th main, Koramangala, the bungalow is located in a leafy lane of a residential suburb that is now inundated with scores of restaurants, restro-bars and fitness centres.

The bungalow is owned by a retired government employee SM Fathaulla. Despite the opposition of his wife to renting the first floor to a start-up founded by the 20-somethings Sachin and Binny Bansal.