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Kiran Mazumdar-Shaw won EY Entrepreneur of the Year award for 2019

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On February 19, 2020 Kiran Mazumdar-Shaw, Chairperson and Managing Director (MD) of Bengaluru based biopharmaceutical company Biocon, won Ernst & Young Entrepreneur of the year 2019 (for his innovation & affordable life saving medicines), at the 21st edition of the awards held in New Delhi, India.kiranPiyush Goyal, Union Minister for Railways and Commerce & Industry and Anurag Thakur, Minister of State (MoS) for finance and Corporate affairs, were the chief guest and guest of honour respectively.

Key Points:

i.Awards were announced in 9 categories, with the winners coming from both mature industries and unicorns.

ii.About Mazumdar-Shaw: She will also represent India at the EY World Entrepreneur of the Year Award (WEOY) in Monte Carlo between June 4 and 6, 2020. She was also one of the Indian signatories of the Giving Pledge, who dedicated the majority of her wealth to philanthropic causes.

iii.Mazumdar-Shaw was named as the winner by an 8 member jury panel, led by Uday Kotak, Kotak Mahindra Bank MD and CEO (Chief Executive Officer).

iv.Adi Godrej, Godrej Group Chairman was conferred the Lifetime Achievement Award.

v.Tuhin Parikh, senior managing director (Real Estate), BlackStone India, was the first recipient awarded with “Transformational Impact Person of the Year award” & this category has been newly launched to recognise individuals who have transformed both the industry and ecosystem in India.


Award Category Awardee
EY Entrepreneur of the yearKiran-Mazumdar Shaw, Chairperson & MD, Biocon.
Lifetime AchievementAdi Godrej, Chairman, Godrej Group.
Start-upFalguni Nayar, founder & CEO, Nykaa E-retail.
Transformational Impact Person of the YearTuhin Parikh, senior managing director (Real Estate),, Blackstone India.
ManufacturingArun Bharat Ram, chairman, SRF
ServicesSridhar Vembu, founder and CEO, ZOHO Corporation
Financial ServicesYashish Dahiya, CEO & co-founder, Policy Bazaar.
Consumer Products & RetailBerger Paints Chairman, Kuldip Singh Dhingra and Vice-Chairman Gurbachan Singh Dhingra.
Life Sciences & HealthcareArvind Lal, Chairman & MD Dr Lal PathLabs and CEO Om Manchanda of Dr Lal PathLabs.
Entrepreneurial CEOK B S Anand, MD & CEO, Asian Paints.
Energy, Real Estate & InfrastructureRavi Raheeja & Neel Raheeja, group Presidents, K Raheja Corp