#kiranmazumdarshaw #entrepreneur #successstory
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Indian businesswoman and Entrepreneur Kiran Mazumdar Shaw is the Chairman and Managing Director of Biocon, Country's leading biotech company. In 2004, Mazumdar Shaw was named the richest woman in India with a net worth of more than Rs 2000 Crore. She was on the Forbes 2005 list of India's 40 richest people.
But she admits that even as a female entrepreneur she still had to contend with the old issue of gender prejudice.
"Banks were very fearful of lending to a woman because I was considered high risk."
Her age and the relatively new area of biotechnology didn't help matters: "I was young, I was twenty-five years old… banks were very nervous about lending to young entrepreneurs because they felt we didn't have the business experience… and then I had… this strange business called biotechnology which no one understood."
Kiran Mazumdar-Shaw says her previous experience of failure gave her the resilience to persevere.
Facebook Link
https://www.facebook.com/Thalam.Org
Indian businesswoman and Entrepreneur Kiran Mazumdar Shaw is the Chairman and Managing Director of Biocon, Country's leading biotech company. In 2004, Mazumdar Shaw was named the richest woman in India with a net worth of more than Rs 2000 Crore. She was on the Forbes 2005 list of India's 40 richest people.
But she admits that even as a female entrepreneur she still had to contend with the old issue of gender prejudice.
"Banks were very fearful of lending to a woman because I was considered high risk."
Her age and the relatively new area of biotechnology didn't help matters: "I was young, I was twenty-five years old… banks were very nervous about lending to young entrepreneurs because they felt we didn't have the business experience… and then I had… this strange business called biotechnology which no one understood."
Kiran Mazumdar-Shaw says her previous experience of failure gave her the resilience to persevere.
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