When she wanted to foray into the business of Biotechnology, the established banks denied her loans thrice. He turned to her family and friends to raise a sum of Rs. 10000 to start Biocon. Biocon used to extract papain , an enzyme from papaya. Now Biocon is the most successful biotech company of the country.Biocon was started in garage, way back in 1978 . The company became the second largest biotech firm in the nation and she became one of the richest and most recognized entrepreneur of the India inc. She recently sold her oldest enzymes business to a Danish firm, Novozymes and focused Biocon on bio-pharma segment
Thursday, October 25, 2007
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