Kiran Mazumdar-Shaw is known for her straight talk and Biocon, Ltd.’s billionaire chairperson minced no words at a recent conference when she called out venture capital firms for having “failed” the biotech sector in India.
In a fireside chat at a summit organized by IIM (Ahmedabad) Healthcare ASIG (Alumni Special Interest Groups) and TiE Mumbai, Mazumdar-Shaw, who considers herself an “accidental entrepreneur”, said that the...