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Mazumdar Shaw, Kiran

Chairman and MD, Biocon

  • Bangalore firm, begun as a start-up in a garage, is a listed biotech company with revenues of $260 million last year
  • Trained as a brewmaster, to follow in her father’s footsteps, Mazumdar Shaw could not find work in India, so she turned to developing Biocon, overcoming difficulties in gaining loans based on her gender
  • Mazumdar Shaw told the FT that sex discrimination against her disappeared in the early 1990s once Biocon became successful
  • “I tell young women not to give up. When you overcome challenges it makes you more confident”

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