Kiran Mazumdar-Shaw started Biocon in 1978 while she was just twenty-five at a rented garage space with a capital of Rs.10,000. Starting a company in an nascent industry with minimal experience presented many challenges and adversities to Kiran Mazumdar-Shaw early on. She had difficulty raising bank loan, challenges in recruiting the right talent and other problems to overcome. Mazumdar-Shaw overcame those adversities over the years and has today grown Biocon to be one of the leading Indian biopharmaceutical company with revenue in excess of Rs.15.55 billion.
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