Kiran Mazumdar Shaw, the brilliant founder of Biocon and a true trailblazer in the biotech industry. We talked for two hours straight, diving into her 40-year journey in biotech and her life beyond business.
In my eyes, she is a testament to woman entrepreneurs in India; no one else comes close.
Kiran is not just an inspiration to me professionally but also a dear friend and neighbour. Our bond has grown over the years, and I can't help but look up to her in so many ways. Her passion for transforming healthcare and giving back to society is incredible. It's a story that can't be missed, told in a more candid manner than ever before.
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00:00 Intro
00:54 Did you know Kiran was a football fan?
02:20 Humble beginnings and the way of life
04:35 How Kiran became a brewmaster
7:24 Kiran's favourite beers as a pro taster
08:30 Kiran's take on friend Vijay Mallya
11:40 Lessons to learn from Vijay Mally’s story
14:15 Kiran’s challenges as a female brewmaster
16:40 Irish encounter: Serendipity in Kiran's entrepreneurial tale
20:20 The untold story: What held Kiran back from entrepreneurship
23:40 Enzyme technology - A deep dive
25:35 Ways to make enzymes
27:00 Greening effluents: A revolutionary treatment approach
30:14 Biocon: Garage days and a brave banker who bet on Kiran
34:29 Building a dream team: How Kiran attracted top talent
38:38 Empowering over 100 entrepreneurs
40:45 Golden entrepreneurial insight
42:40 What Kiran might have done differently
44:40 1998: IP, Unilever, global benchmarks - The turning point
48:10 How John charmed Kiran
50:50 AIG's incredible bet: How they got the best ROI!
53:12 Conquering global markets: How Biocon became the largest producer of statins
57:20 Pioneering anti-cancer and immunosuppressants
58:18 Transforming the insulin market: Biocon's groundbreaking role
1:00:40 Entrepreneurial pivots: Valuable insights for success
1:02:10 IPO: The launchpad to Kiran's billionaire status
1:05:20 How money defines Kiran
1:09:15 Nikhil & Kiran's personal journey: Kids & family
1:11:06 Demographic dynamics: India vs China fertility rates
1:12:00 The power of giving back: Nikhil’s & Kiran's philanthropy; the Giving Pledge
1:14:43 The purpose behind this podcast
1:19:15 India's policies and pharma climate
1:22:10 Empowering India to lead, not follow!
1:23:15 Kiran's view on retirement at 70
1:24:42 Virtue signalling unmasked: A candid look at today's world
1:28:51 3 changes India needs
1:31:37 Empowering women in the workforce: Challenges and ESG perspectives
1:36:03 Women's roles across sectors at Biocon
1:38:05 IP ownership: The key to long-term profitability
1:40:45 How Biocon became the world's No. 1 biosimilar company
1:44:47 Unraveling Biocon: Is it a holding company?
1:45:43 Biotech startup guide: How to venture into the field
1:47:30 Bio-revolution: From cloning to designer babies
1:49:16 Biotech startups to watch out for
1:51:07 Hottest biotech sectors right now
1:53:31 An emotional tribute, Nikhil thanks Kiran
1:54:37 Kiran's secret to overcoming challenges
1:57:54 Pick the charity of your choice and be part of something incredible!
1:59:04 Outro