MVP SAMAJ’S

K. R. T. ARTS , B.H. COMMERCE & A. M.

SCIENCE COLLEGE , NASHIK -02
DEPARTMENT OF COMMERCE
NAME - DIVYA SANDEEP ZOPE
CLASS - FY BCOM
DIVISION-E ROLL NO. 576
SUBJECT – BUSINESS ENVIRONMENT AND
ENTREPRENEURSHIP
SUBJECT CODE – 116E TEACHER :- PROF. DIPAK
DOKHALE
TOPIC:- STUDY OF ENTREPRENEURS
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 1. Hanumant R. Gaikwad
▸ Hanumant R. Gaikwad a.k.a. H R Gaikwad (born 21 October 1972) is an Indian
entrepreneur and the Chairman and Managing Director of BVG India Limited,
India's largest integrated services company.
▸ Early Life
▸ Gaikwad was born in the village of Rahimatpur,Satara, Maharashtra. When he was
in class six, his family shifted to Pune and lived in a tiny one room house. Despite
the hardships, he secured 88% in class 10 and opted for a Diploma in Electronics
from Government Polytechnic Pune. In the second year, he lost his father to a
cardiac arrest. Gaikwad completed the diploma and went on to join the
Vishwakarma Institute of Technology to study engineering, where he supported
himself by working small jobs like taking tuition classes to painting houses and
concreting pathways.
▸ In 1994 he joined Telco (now Tata Motors) as a graduate trainee engineer in their
Pune plant. 2
Careeer
During his early days at VIT, Gaikwad inspired by the
writings of Swami Vivekananda which led him to form
a non-profit trust Bharat Vikas Pratishthan which
would collect funds from donors to help poor
labour.students get quality education. This trust soon
expanded into employment opportunities in the sector
of skilled and unskilled labour. In 1997 while working at
Tata Motors, Gaikwad earned recognition from
company management for his efforts in saving huge
costs for the company by making productive use of
cables otherwise marked as scrap. This recognition
helped Gaikwad become known among the workers,
and youth from his village started approaching him for
jobs.
He used the opportunity to request the management for some jobs for these
youth. The plant management agreed to hire eight of them, but could not
employ them on the company rolls. Gaikwad suggested that he could employ
the people in a trust he had registered and Tata Motors could pay the trust.
Given their confidence in him, Tata Motors not only accepted his suggestion but
also helped him get Rs. 60 lakh in loan from Tata Finance to buy cleaning
equipment. In 2000 Gaikwad formally resigned from Tata Motors and decided
to name his organization as Bharat Vikas Group which was focused on a social
approach to employment and skill development. Bharat Vikas Group soon
emerged as the leader in integrated serviceoperations expanded into related
facilities management operations and skill development in association with the
Government of India. He used the opportunity to request the management for
some jobs for these youth. The plant management agreed to hire eight of
.them, but could not employ them on the company rolls
Gaikwad suggested that he could employ the people in a trust he had registered
and Tata Motors could pay the trust. Given their confidence in him, Tata Motors
not only accepted his suggestion but also helped him get Rs. 60 lakh in loan
from Tata Finance to buy cleaning equipment. In 2000 Gaikwad formally
resigned from Tata Motors and decided to name his organization as Bharat
Vikas Group which was focused on a social approach to employment and skill
development. BVG’s other notable clients include the residence and office of
the Prime Minister of India and the Rashtrapati Bhavan which is the residence
of the President of India. As of 2012, the company is valued at Rs 1,000 crore
and provides non-core activities such as mechanised housekeeping, hospital
maintenance, landscaping & gardening, logistics, transportation, civil and
electrical work, ambulance services, industrial and urban waste management etc.
To private and government institutions. BVG is also expanding its operations
into overseas territories.
Awards
H. R. Gaikwad is the recipient of several awards for his social and
entrepreneurial initiatives and has spoken at international conferences. He
received the prestigious Lokmat Maharashtrian Of The Year Award in 2011.
He was featured in Rashmi Bansal's book Connect The Dots, a collection of
inspiring stories about entrepreneurs. On 1 July 2016, Gaikwad was
awarded the prestigious ABP Majha Sanman Puraskar by one of the
leading Marathi news channels ABP Majha.
PERSONAL LIFE
H. R. Gaikwad lives in Pune with his wife and two daughters. He is fond of
meditation.
2.Kiran Muzumdar Shaw
Kiran Mazumdar-Shaw (born 23 March 1953) is an Indian billionaire
entrepreneur. She is the chairperson and managing director of
Biocon Limited, a biotechnology company based in Bangalore, India
and the former chairperson of Indian Institute of Management,
Bangalore. In 2014, she was awarded the Othmer Gold Medal for
outstanding contributions to the progress of science and chemistry.
She is on the Financial Times’ top 50 women in business list. In
2019, she is listed as the 65th most powerful woman in the world
by Forbes. She had earlier featured on the lists of the most powerful
women in the world - in 2016 and 2017 at 77th and 71st positions
respectively.
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▸ Early Life and Education
▸ Kiran Mazumdar was born on 23 March 1953
in Pune, Maharashtra state, to Bengali parents.
She was educated at Bangalore's Bishop
Cotton Girl's High School, graduating in 1968.
She then attended Mount Carmel College,
Bangalore, a women's college offering pre-
university courses as an affiliate of Bangalore
University. She studied biology and zoology,
graduating from Bangalore University with a
bachelor's degree in zoology in 1973.
Mazumdar hoped to go to medical school, but
could not obtain a scholarship.Her father,
Rasendra Mazumdar, was the head
brewmaster at United Breweries.
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▸ He suggested that she study fermentation science, and train to be a
brewmaster, a very non-traditional field for women. Mazumdar went to
Ballarat College, Melbourne University in Australia to study malting and
brewing. In 1974, she was the only woman enrolled in the brewing course
and topped in her class. She earned the degree of master brewer in 1975.
▸ She worked as a trainee brewer in Carlton and United Breweries,
Melbourne and as a trainee maltster at Barrett Brothers and Burston,
Australia. She also worked for some time as a technical consultant at
Jupiter Breweries Limited, Calcutta and as a technical manager at
Standard Maltings Corporation, Baroda between 1975 and 1977.
However, when she investigated the possibility of advancing her career in
Bangalore or Delhi, she was told that she could not be hired as a master
brewer in India because "It's a man's work." She began to look abroad for
opportunities and was offered a position in Scotland.
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Bicon
Before Mazumdar could move, she met Leslie Auchincloss, the founder of
Biocon Biochemicals Limited, of Cork, Ireland. Auchincloss's company
produced enzymes for use in the brewing, food-packaging and textile
industries. Auchincloss was looking for an Indian entrepreneur to help
establish an Indian subsidiary. Mazumdar agreed to undertake the job on
the condition that if she did not wish to continue later six months she would
be given a brewmaster's position comparable to the one she was giving up.
Beginning with enzymes
After a brief period as a trainee manager at Biocon Biochemicals Limited, of
Cork, Ireland, to learn more about the business, Kiran Mazumdar Shaw
returned to India. She started Biocon India in 1978 in the garage of her
rented house in Bengaluru with a seed capital of Rs. 10,000. Although it
was a joint venture, Indian laws restricted foreign ownership to only 30% of
the company. The remaining 70% belonged to Kiran Mazumdar Shaw.
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Initially, she faced credibility challenges because of her youth, gender and her
untested business model. Funding was a problem: no bank wanted to lend her
money, and some required her father be a guarantor. A chance meeting with a
banker at a social event finally enabled her to get her first financial backup. She
also found it difficult to recruit people to work for her start-up. Her first employee
was a retired garage mechanic. Her first factory was in a nearby 3,000-square-foot
shed. The most complicated piece of equipment in her lab at that time was a
spectrophotometer. Moreover, she faced the technological challenges associated
with trying to build a biotech business in a country with poor infrastructure.
Uninterrupted power, superior quality water, sterile labs, imported research
equipment, and workers with advanced scientific skills were not easily available in
India at the time.

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Expanding to Biopharmaceutical
Mazumdar spearheaded Biocon's evolution from an industrial enzymes
manufacturing company to a fully integrated bio-pharmaceutical company
with a well-balanced business portfolio of products and a research focus
on diabetes, oncology and auto-immune diseases. She also established
two subsidiaries: Syngene (1994) which provides early research and
development support services on a contract basis and Clinigene (2000)
which focuses on clinical research trials and the development of both
generic and new medicines. Clinigene was later merged with Syngene.
Syngene was listed on BSE/NSE in 2015 and has a current market cap of
US$1.15 billion. Mazumdar is responsible for establishing Biocon's
direction. As early as 1984, she began to develop a research and
development team at Biocon, focusing on the discovery of novel enzymes
and on development of novel techniques for solid substrate fermentation
technology.
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The company’s first major expansion came in 1987, when Narayan
Vaghul of ICICI Ventures (Industrial Credit and Investment Corporation
of India) supported creation of a venture capital fund of US$250,000.
The money enabled Biocon to expand its research and development
efforts. They built a new plant featuring proprietary solid substrate
fermentation technology based on a semi-automated tray culture
process, inspired by Japanese techniques. In 1989, Biocon became
the first Indian biotech company to receive U.S. funding for proprietary
technologies.

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Thanks!

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