Richest woman in Bengaluru, started business from garage, built Rs 30000 crore empire, not from IIT, IIM, net worth is..

Kiran Mazumdar, hailing from Bengaluru, was welcomed to this world on March 23, 1953. She embarked on her educational journey at Bishop Cotton Girl's High School and later pursued her interests in biology and zoology at Bangalore University.

Kiran Mazumdar-Shaw, the creator of Biocon Limited, holds the title of being the wealthiest female entrepreneur in Bengaluru, Karnataka. Undoubtedly, Kiran Mazumdar-Shaw stands as one of India's most accomplished and influential business moguls. Hailing from a modest upbringing in a middle-income household, her extraordinary trajectory from such a humble origin to attaining billionaire status serves as a truly motivating tale.

Kiran Mazumdar, hailing from Bengaluru, was brought into this world on March 23, 1953. She received her education at Bishop Cotton Girl's High School and pursued biology and zoology at Bangalore University, graduating in the field of zoology in 1973. During her youth, Kiran Mazumdar harbored aspirations of becoming a medical doctor, yet unfortunately, she was unable to realize this ambition. However, she went on to further her studies in the realms of malting and brewing at Melbourne University in Australia, ultimately attaining the esteemed title of master brewer in 1975.

Following her return from Australia, Kiran Mazumdar-Shaw founded Biocon in 1978. With a mere Rs 10,000, she established Biocon in a small garage. Initially, Biocon focused on extracting papain, an enzyme sourced from papaya, primarily utilized for tenderizing meat. Additionally, Biocon ventured into the extraction of isinglass, a substance used for clarifying beer. Remarkably, within a year, Kiran Mazumdar-Shaw achieved significant success, with Biocon becoming the pioneering company to successfully export these enzymes to the United States and various European countries.

Biocon Limited is presently positioned as one of the foremost biotech enterprises in India. The current estimated wealth of Kiran Mazumdar-Shaw, the company's founder, stands at approximately Rs 21,000 crore. Boasting the biggest facility for producing insulin in all of Asia, Biocon is situated in Malaysia. This year, in February, Biocon Biologics successfully sealed an agreement to procure Viatris' biosimilars division for a substantial sum of USD 3.3 billion. In terms of market value, Biocon is currently valued at roughly Rs 30,000 crore.