Kiran majumdar-Shaw
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Biotech Queen
Founder of BIOCON LTD.
Learning From Legends
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“India’s Mother Of Invention”
KIRAN MAZUMDAR-SHAW
Presented by-Aman Sachan
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Earnest & Young Entrepreneur-2002
Kiran Mazumdar-Shaw
Born 23 March 1953 (62)Bangalore, India
Residence Bangalore, IndiaNationality Indian
EducationMount Carmel College,
Bangalore University, Federation University.
Occupation Chairperson of BioconNet worth US$655 million (as of October 2013)Religion Hindu
Spouse(s) John ShawAwards Othmer Gold Medal (2014)
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She was Born on March 23, 1953 in Bangalore. She had her schooling at Bishop Cotton Girls School
and Mount Carmel College at Bangalore. She was finished her B.Sc. In Zoology from Bangalore
University. In 1973, She went to Ballarat University in Melbourne,
Australia and qualified as a master brewer. CMD, Biocon Ltd., India’s biggest Biotechnology
Company In 2004, she became India’s Richect Woman
Life…
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She 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, She founded Biocon India in
collaboration with Biocon Biochemicals Limited.
The Biocon Ltd. started with a capital of Rs.10,000.
Professional Career…
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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 at
that point of time. She was a woman entrepreneur, which was a
rare phenomenon.
Problems…
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In 1978, she joined Biocon Biochemicals Limited,
of Cork, Ireland as a Trainee Manager. In 1978 itself, she started Biocon in her garage in
Bangalore with a capital of Rs. 10,000. Within a year, Biocon became the first Indian
company to manufacture and export enzymes to USA and Europe.
In 1990, she upgraded Biocon’s in-house research program, based on a proprietary solid substrate fermentation technology.
The commercial success of this program led to a three-fold expansion by 1996 and Biocon entered the biopharmaceuticals and statins segments
Biocon…Under her Wings
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Cont…
The commercial success of this program led to a three-fold expansion by 1996 and Biocon entered the biopharmaceuticals and statins segments
In 1998, when Unilever agreed to sell its shareholding in Biocon to the Indian promoters, Biocon became an independent entity.
Biocon’s IPO was oversubscribed 32 times and its first day at the bourses closed with a market value of $1.11 billion.
It made Biocon the 2nd only company to cross $1 billion mark on the first day of listing.
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Biocon’s Achievements…
Med Ad News, in its 2007/08 listings has ranked Biocon 20th amongst the leading biotechnology companies in the world.
Med Ad News, in its 2007/08 listings also ranked Biocon as 7th Largest Employer in the world.
Biocon also recently received the 2009 BioSingapore Asia Pacific Biotechnology Award for Best Listed Company
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Othmer Gold medal (2014) Nikkei Asia Prize (2009) Veuve Clicquot (2007) Ernst & Young Entrepreneur of the year Award
(2002) Federation University Australia named a road
in Mt. Helen campus as Mazumdar Drive .
Personal Achievement…
International
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The Economic Times Award.(2004) Global Indian women of the year.(2012) Dynamic Entrepreneur(2009) The Indian Chamber of Commerce Lifetime
Achievement Award (2005) Corporate Leadership Award(2005) Karnataka Rajyotsava Award(2002)
Indian Awards…
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As of 2010, Kiran Mazumdar-Shaw was named
among Time Magazine's 100 most influential people in the world.
She is on the 2011 Financial Times’ top 50 women in business list.
As of 2014, she is listed as the 92nd most powerful woman in the world by Forbes.
Other Achivements…
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Entrepreneurship is a very exciting journey that not only allows you to discover yourself but allows you to discover possibilities. It allows you to discover new markets and new ways of doing things. Entrepreneurship is a process of learning and you learn to break ceilings.
– ENTREPRENEURSHIP AS A WAY OF SELF DISCOVERY
Entrepreneurs are not quitters. Those who quit cannot be entrepreneurs. Entrepreneurship is all about handling and facing failures. I always tell people that failures are temporary but giving up is permanent. – MOTIVATING YOUNG ENTREPRENEURS TO CHASE THEIR DREAMS
Quotes By Her Thoughts…
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Thanks…
As an entrepreneur, reinvent yourself all the time. An entrepreneur has to challenge his business model to get the best advantage of future. – EVOLUTION OF AN ENTREPRENEUR IS KEY TO STAYING AHEAD