The Kalamkar

Success Story: Set up a company worth Rs 34700000000 in Rs 10,000, this woman donated Rs 96 crore

Kiran Mazumdar-Shaw Success Story: You must have heard a lot of success stories, but today we are going to tell you the story of a woman who, with her hard work, built a company worth Rs 34700000000 with just Rs 10,000. Yes, Kiran. 

sucess story

The Kalamkar News, Digital Desk - In today's era, women are also walking shoulder to shoulder with men. Be it any field, women have  proved their mettle . 

Today we will talk about one such woman, who is the richest woman in Bengaluru  and who created a company worth trillions of rupees from Rs 10,000. Not only this, he also donated Rs 96 crore last year. The name of that woman is Kiran Mazumdar  -Shaw .

Donated Rs 96 crore in 2023

Kiran Mazumdar- Shaw is a well-known name in the business sector. He has also done a lot of work for the welfare of the people. 

His name was at second place in the EdelGive Hurun India Philanthropy List 2023 released last year . He had donated Rs 96 crore in 2023, out of which the maximum donation was given in the fields of science, research and education.

Who is Kiran Mazumdar-Shaw?

Kiran Mazumdar-Shaw is the founder of Biocon Limited . The market value of this company today is 347000000000 (3 trillion 47 billion rupees). 

It is a biopharmaceutical company . He was born on 23 March 1953 in Bengaluru, the capital of Karnataka. At present his age is 70 years. His father's name was Rasendra Majumdar.

Where did Kiran Majmudar-Shaw study?

Kiran Majmudar-Shaw did her early schooling from Bishop Cotton Girls High School, Bengaluru. After this he studied from Mount Carmel College affiliated to Bangalore University. Kiran graduated from Biology and Zoology from Bengaluru University in 1973.

Kiran wanted to become a doctor

Kiran Majumdar's dream was  to become a doctor, but her dream remained unfulfilled because she could not get the scholarship. 

However, he later studied malting and brewing at the University of Melbourne, Australia and earned the Master Brewer degree in 1975.

When was Biocon established?

Kiran Mazumdar founded Biocon in 1978 after returning from Australia. He started this company in the form of a small garage  with just Rs 10,000. 

The company got its start by extracting papain enzyme from papaya. It is used to soften meat. Apart from this, he also tried his luck in the business of extraction of insiglass used in clarifying beer. 

Within a year, Kiran achieved great success and Biocon became the first company to export enzymes to many parts of America and Europe. At present, Kiran's net worth is Rs 23247 crore.