Success story of Kiran Mazumdar

1. SUCCESS STORY
KIRAN MAZUMDAR

2. CONTENT
 Ranked as 92nd Most Powerful Woman in World
 Education
 Startup
 Hard work pays off
 Going up the ladder
 Crossing 1 billion mark on day 1

3. RANKED AS 92ND MOST POWERFUL WOMAN IN WORLD
 Kiran Mazumdar is a role
model for every aspiring
entrepreneur
 She has created a place for
herself in an industry which
was not known to have women
leaders
 She was honoured as 92nd Most
Powerful Woman in the World

4. EDUCATION
 She was always inclined
towards studies and education
since her childhood
 Her journey started when she
pursued B.Sc in Zoology from
Bangalore University
 After that she went to Australia
for post-graduation

5. STARTUP
 In 1974, she got her first job and started working as a trainee brewer
with Carlton & United Beverages
 In 1978, Mazumdar Shaw joined Biocon Biochemicals Limited,
Ireland as a trainee manager
 In the same year Soon after joining them, she started the wing of the
company in India

6. HARD WORK PAYS OFF
 At the start of her entrepreneurial journey, she rented a garage
space in Bangalore & with an initial investment of just Rs.10,000
 There were issues like getting loan from banks, recruiting and
convincing people to join her startup
 Getting continuous power, Clean water, sterile labs, advanced
research equipment, & workers with advanced scientific skills
were hard to find but there was no stopping for continuous efforts

7. GOING UP THE LADDER
 Biocon started as an industrial enzyme manufacturer &
commenced exporting to USA & Europe. Within the first year,
Mazumdar Shaw’s venture started churning profits
 They purchased a 20-acre property. She focused on discovery of
novel enzymes & novel techniques for development of solid
substrate fermentation technology through R & D
 In 1987, Narayan Vaghul of ICICI ventures supported creation of
a venture capital fund of USD 250,000

8. CROSSING 1 BILLION MARK ON DAY 1
 In 1989, they became the first Indian biotech company to receive US
funding for proprietary technology
 In 2004, Biocon went for an IPO which was oversubscribed 33 times
 This was advised to her by Infosys head honcho Narayan Murthy.
 It was the second Indian company to cross the 1 billion mark on the first
day of listing