Tambe was the chief operating officer and a key member of the executive leadership team at the company.
India’s richest self-made woman, with a net worth, according to Forbes, of $4.7 billion (`34,310 crore), is also one of its proudest and loudest.
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She expressed that many more start-ups will come up in the coming days.
Retracing her steps from her startup in her garage back in 1978, she said there were many occasions when she was discouraged.
A statement said that since she founded Biocon, Shaw has guided its growth from a leading bioenzymes company of India to a fully integrated.
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Sharing her own experience of fighting Covid-19, Kiran Mazumdar Shaw, Chairperson of Biocon Limited, said that over time, people were learning to grapple with the crisis.
In the blog post, 'Winning over Covid-19: My Personal Experience', she said her first symptoms were a mild feverish feeling late evening on August 16.
'I have added to the covid count by testing positive. Mild symptoms and I hope it stays that way,' the 67-year-old biotechnology industry veteran said in a tweet.
The world has not seen any data on Phase 1 or 2 clinical trials conducted by Moscow-based Gamaleya Research Institute, the Executive Chairperson of Bengaluru-headquartered Biocon Ltd said.