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
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.