Updated on 7 March 2013
It was very, very inborn to start Karmic Life Sciences. As a child I was a bit of a rebel. I decided to be an entrepreneur after working for six years. During my MBA (2000-02), I created and presented many prize winning business plan presentations. I registered Karmic in 2005 and actual operations began June 2008 when I quit my job in the US to be a full-time entrepreneur.
The inspiration was inherent and experience with entrepreneurial companies - Wipro, GE and Hexaware - helped me hone my skills to ready me for an entrepreneurial stint. Thanks to these jobs, I got real life exposure to IT, finance, business and people management.
To shift from a job with great companies to a first generation entrepreneur is a not easy. Convincing my family on why I wanted to quit a cushy job in the Big Apple and move into an unexplored field and arranging initial capital were the toughest challenges.
My lack of background in life sciences added to the difficulty of raising capital. Small personal savings and funding of $182,000 (Rs 1 crore) from the Indian Angel Network (IAN), finally turned my idea into reality when we opened our office in Mumbai. In 2008, Karmic bagged its first Clinical Data Management (CDM) project for a global Big 3 sponsor. Since then, we haven't looked back and have grown at a very rapid pace.
As we all know, education is held in utmost esteem in India. Life sciences is one of the most respected fields for women to work. And I must say that women are doing extremely well in this gender-neutral industry. The wide scope of work and flexibility in timings help women balance their work and personal lives.
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