Kiran Mazumdar-Shaw started Biocon in a garage. Now it treats cancer patients who could never afford it.
In 1978, Kiran Mazumdar-Shaw began a business called Biocon out of her Bangalore garage with 10,000 in capital, and a product no one in India was making. It was for industrial applications derived from enzyme-based bio fermentation. She was rejected for a loan when a bank manager asked whether it would help her run a…