Raj Shamani
@rajshamani·18M subscribers·2.5K videos
Billion-Dollar Founder: Why Success In India Is So Hard | Kiran Mazumdar-Shaw | FO537 Raj Shamani
Posted
July 18, 2026
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78,369
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July 18, 2026
78,369
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Timestamps -
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In today's episode, we sit down with Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited, to talk about rejection, risk, and how she built India's biggest biotech company from a garage.
We discuss why every brewery in India refused to hire her despite her topping her class, why her father refused to pay a capitation fee to get her into medical college, and why she believes India keeps losing its best ideas to the rest of the world. Kiran explains how she brought insulin prices down from ₹1,000 to ₹100, how a personal loss led her to develop cheaper cancer treatments, and why she thinks India's fear of failure is holding back real innovation.
The conversation also covers the $3.35 billion acquisition everyone called a mistake, why she's never once doubted herself in 48 years, and what she looks for in a successor after building a company from scratch.
Subscribe for more such conversations.
Follow Kiran Mazumdar-Shaw Here:
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About Raj Shamani
Raj Shamani is an entrepreneur and the host of the Figuring Out Podcast. He sits down with experts, athletes, celebrities, billionaires, and world leaders to break down how they actually win: money, business, mindset, relationships, and life. He's also a bestselling author, speaker, and angel investor. His work sits at the intersection of business, psychology, and human behaviour.
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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.
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