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Dr Kiran Majumdar Shaw is a Bangalore, Karnataka born women industrialist who currently is the chairperson and MD of Biocon Limited, a
biopharmaceutical company. Dr Kiran, in the year 2004, was announced as the richest woman of India. Here are her education, career, and awards.
Kiran, a Pune, Maharastra born entrepreneur, did her schooling from Bishop Cotton Girls School and graduation from a popular girls college named Mount Carmel located in Vasanth Nagar area of Bangalore city. She finished her bachelor’s degree in zoology from the University of Bangalore.
The education of Kiran Mazumdar Shah was followed by her visit to Melbourne city of Australia where she received qualification as a brewmaster back in 1975, making her the first woman brewmaster from India. When she began her career in the brewery profession, she worked as a trainee for Carlton and United Beverages in 1974.
It was in 1978 that she attached herself as a trainee manager for Biocon Biochemical Ltd of Ireland. That was the same year when she founded Biocon India with Biocon Biochemical Ltd’s cooperation with a rough amount of Rupees 10000 investment.
Challenges she faced
Kiran Mazumdar Shaw had to face several financial problems when she was about to get started with her new business. Banks that time hesitated to provide her loans as people who worked in them had little knowledge about biotechnology. To top it all, she was a woman, and a female industrialist was not given much preference at that period.
But as time went by, Biocon transformed into a biopharmaceutical company under her jubilant and experienced leadership. Biocon is one of the famous empires of biotech in India and one of the best worldwide.
It was 2004 when shares of her company went public. Kiran herself held 40% of her company’s shares, and she had assets worth 2 million one hundred crores which made her one of the wealthiest women in India.
Kiran Mazumdar Shaw has many awards and honours to her credit, and all of them are prestigious. She had been awarded a few civilian awards including Padmashri and Padma Bhushan by the Government of India.