Story of Kiran Mazumdar Shaw

Kiran Mazumdar-Shaw, chairman and managing director of Biocon Limited. She was born on 23^rd March in the year 1953 in Bangalore, India. She attended Bangalore’s Bishop Cotton Girl’s High School and graduated in 1968. She wanted to attend medical school but couldn’t since she didn’t obtain scholarship.  So she pursued Bachelors of Science in Zoology from Bangalore University and graduated in 1973. For post-graduation she went to Australia and studied about brewing from Ballarat University in Melbourne and earned the title of Master Brewer.

Later that in 1974 she started working as a trainee brewer at Carlton and United Beverages. After four years she worked as a trainee manager at Ireland’s Biocon Biochemical’s limited. She soon collaborated with same Irish Company and set up Biocon India in Bangalore.  She started the company in 1978 in a rented garage space with initial investment of just Rs. 10000.

It wasn’t easy for kiran as she hast to face various problems since the banks weren’t providing her loan due to very less amount of women entrepreneurship at that time. She faced hardships to find workplace and asking people to join her organization. Biocon, industrial enzyme manufacturer soon started exporting to Europe and US. After few years, the company was turning into profitable venture.  As of today, Biocon is integrated multimillion dollar biopharmaceutical enterprise. The company also went IPO in 2004. It aims to be one of top ten biotech companies all over the globe. Kiran was also named richest woman with net worth of more than Rs.2000 crore. Beside that she was also enlisted as India’s 40 richest people on the Forbes 2005.