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Kiran Mazumdar-Shaw

Mazumdar

Entrepreneur Dr.Kiran Mazumdar-Shaw,Chairman & Managing Director of Bioon Ltd: The business and managerial skills of Dr. Kiran Mazumdar-Shaw has made her one of the richest business entrepreneurs in India. She ranks among the elite ranks of the Indian business fraternity and is a member of premier business organizations like CII, IIM Bangalore and others.

Dr. Kiran Mazumdar-Shaw is an Indian entrepreneur. She is the Chairman & Managing Director of Biocon Ltd. In 2004, she became India’s richest woman.

Kiran Mazumdar Shaw was born on March 23, 1953 in Bangalore. She had her schooling at Bishop Cotton Girls School and Mount Carmel College at Bangalore. After completing her Bachelor of Science degree in Zoology from Bangalore University in 1973, she went to Ballarat Institute of Advanced Education, Australia to study brewing and qualified as a master brewer in 1974.

Kiran Mazumdar Shaw started her professional career as trainee brewer in Carlton & United Beverages in 1974. In 1978, she joined as Trainee Manager with Biocon Biochemicals Limited in Ireland. In the same year, Kiran Mazumdar Shaw founded Biocon India in collaboration with Biocon Biochemicals Limited, with a capital of Rs.10,000 in 1978. She initially faced many problems regarding funds for her business. Banks were hesitant to give loan to her as biotechnology was a totally new field .Biocon's initial operation was to extract an enzyme from papaya. Her business portfolio of products and services with a research focus on Diabetes, Oncology and Auto-immune disease.Today, Biocon is recognised as India's pioneering biotech enterprise. India's richest woman with an estimated worth of Rs. 2,100 crore.

She was termed India's Biotech Queen by The Economist and Fortune, and India's mother of invention by New York Times. A very active social activist, she has been involved in various projects like the Bangalore Agenda Task Force (BATF). She was awarded the MV Memorial Award. Kiran Mazumdar Shaw is the recipient of several prestigious awards. These include ET Businesswoman of the Year 2004, Best Woman Entrepreneur, Model Employer in 1983, Ernst & Young's Entrepreneur of the Year Award for Life Sciences & Healthcare in 2002, Leading Exporter, Outstanding Citizen in 1987, Technology Pioneer, etc. Government of India also felicitated her with Padmashri (1989) and Padma Bhushan (2005).

 
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