With 500 dollars and two employees, a 25-year old Kiran Mazumdar Shaw started an enzyme company in 1978. Why? Because no one was ready to hire a woman as a "master brewer".
More than four decades later, her company - Biocon - has grown into a bio-tech behemoth that employs over 11,000 people and rakes in nearly one billion dollars in annual revenues.
So shattering the glass ceiling is not something new for Kiran Shaw - and she has done it once again. She is the EY World Entrepreneur of the Year for 2020, the third Indian to win the honour after NR Narayana Murthy and Uday Kotak. She is also the second woman recipient of this recognition after Singapore's Olivia Lum.
With the world battling a once-in-a-century pandemic, Kiran Shaw and Biocon will have a big role to play. To discuss the journey so far and the road ahead for the pharma business, Shereen Bhan spoke to Kiran Mazumdar-Shaw Executive Chairperson of Biocon.