Kiran Mazumdar Shaw (Entrepreneur) -A big name among female Indian business tycoons, Kiran is the Chairman & Managing Director of Biocon Limited a biotechnology company based in Bangalore (Bengaluru), India. Her humble beginnings were in joining Biocon Biochemicals Limited, of Cork, Ireland, in 1978, as a Trainee Manager and in the same year she starting Biocon in the garage of her rented house in Bangalore with a seed capital of Rs. 10,000. Kiran Mazumdar Shaw is responsible for steering Biocon on a trajectory of growth and innovation over the years. Within a year of its inception, Biocon became the first Indian company to manufacture and export enzymes to USA and Europe. In 1989, Biocon became the first Indian biotech company to receive US funding for proprietary technologies. In 2004, Shaw decided to access the capital markets to develop Biocon’s pipeline of research programs. Biocon’s IPO was oversubscribed 32 times and it’s first day at the bourses closed with a market value of $1.11 billion, making Biocon only the second Indian company to cross the $1-billion mark on the first day of listing.
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