Kiran Mazumdar Shaw Biography – wiki, bio, Biocon, education, husband, net worth, and more
Kiran Mazumdar Shaw Biography – Friends, in today’s article we are going to talk about one of the richest women of India and the founder of the country’s first tech start-up Biocon India, Kiran Mazumdar. will talk. The story of Kiran Mazumdar Shaw is the answer to the questions of crores of people who believe that women alone cannot do business. Kiran Mazumdar not only started the business on her own but also took it to the heights of the sky.
Friends, we have already come to know that who is Kiran Mazumdar Shaw? Next in this article, we will know the success story of Kiran Mazumdar. Along with this, we will also talk about Kiran Mazumdar family, Kiran Mazumdar net worth and other things. So let’s start with the biography of Kiran Mazumdar.
Kiran Mazumdar Biography
Friends Kiran Mazumdar Shaw was born on 23 March 1953 in Bangalore, Karnataka. Kiran Mazumdar’s father’s name is Rasendra Majumdar. Kiran Mazumdar’s mother’s name is Yamini Majumdar. Kiran Mazumdar’s father Rajendra Majumdar was the Head Brewmaster at United Breweries.
Kiran Mazumdar Education
Let us tell you that Kiran Mazumdar Shaw has done her schooling from Bishop Cotton Girls School. After this Kiran Mazumdar did her further studies from Mount Carmel College, Bangalore. In 1973, Kiran Mazumdar did her graduation in Zoology from Bangalore University. After this Kiran Mazumdar Shaw moved to Melbourne, Australia, where she studied Malting and Brewing, she was the only student in her class.
Launch of Biocon (Biocon Star)
After completing her studies, Kiran Mazumdar was considering settling in Scotland. In the meantime, he met Leslie Auchincloss, the founder of Ireland’s Biocon Biochemicals Limited. Leslie wanted to start Biocon in India as well and Kiran Mazumdar Shaw liked her idea. Kiran Mazumdar took training for a few days and then came back to India.
In the year 1978, Kiran Mazumdar Shaw started Biocon. This was the time when startups were not much in trend and it was very difficult to start a business especially for women. Kiran Mazumdar herself also faced a lot of difficulties in starting Biocon. No bank was ready to give him money and no one wanted to work with him. But Kiran Mazumdar Shaw did not give up. He started Biocon in his own garage with the help of available resources and Rs.10,000 lying in the bank.
Kiran Mazumdar also got a lot of support from her parents on this journey. Initially, Kiran Mazumdar had to face difficulties, but she faced them well with her ability. Gradually Biocon became a name in the Indian market. In the year 2004, Biocon entered the stock market and reached $ 1 billion on the very first day. This year the company generated revenue of 500 crores.
Kiran Mazumdar has a great interest in Biotechnology. She has also served as a member of the Advisory Council of the Department of Biotechnology, Government of India. Kiran Mazumdar Shaw has played a pivotal role in bringing the Indian government, industry, and academia together to guide development in the field of biotechnology. Seeing the works of Kiran Mazumdar the Government of India honored her with the Padma Shri award in 1989 to Kiran Mazumdar Shaw. After this, in the year 2005, the Government of India honored Kiran Mazumdar Shaw with Padma Bhushan.
Time magazine has included Kiran Mazumdar Shaw’s name in the list of 100 most influential people in the world. Apart from this, the name of Kiran Mazumdar has been included in the list of 100 Most Powerful Women in the World by Forbes and Top 50 Women in Business by Financial Times.
Kiran Mazumdar Shaw’s Husband
Kiran Mazumdar Shaw’s husband’s name is John Shaw. John Shaw is originally from Scotland and has been a big fan of India. John Shaw was the Chairman and Managing Director of Madura Quotes from 1991-1998. John Shaw has been the Vice President of Biocon Limited.
Kiran Mazumdar’s net worth
According to Forbes, Kiran Mazumdar wealth is about $ 3.7 billion in the year 2021. Kiran Mazumdar Shaw’s name comes in the 5 richest women of India.
6 thoughts on “Kiran Mazumdar Shaw – How She Became India’s Best Biotech Queen”