K. I. Varaprasad Reddy

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K. I. Varaprasad Reddy
Born 17th November, 1948
Residence Hyderabad, India
Nationality Indian
Ethnicity Telugu
Alma mater Andhra University
Sri Venkateswara University
Böblingen University
Osmania University[1]
Occupation Chairman of Shantha Biotechnics
Religion Hindu

K. I. Varaprasad Reddy is an Indian entrepreneur, scientist, founder Chairman and Managing director of Shantha Biotechnics.[2][3] He holds B.E. in Electronics Engineering from Andhra University, a Diploma in Computer science from Böblingen University, and an M.B.A. from Osmania University.


Civilian honor
Business honors
  • Ernst & Young – Entrepreneur of the Year, 2000 for healthcare and lifesciences
  • BioSpectrum Person of the Year award for 2007 for “pioneering a biotech wave”
  • Sri Venkateswara University, Tirupati – Honorary Doctorate (2005)
  • National Technology Award – for successful commercialization of Scientific Products – In 1999 for SHANVAC-B and in 2003 for SHANFERON
  • DSIR – (Dept. of Scientific Industrial Research, Govt. of India) Award – for best R& D efforts in industry – In 1998 for SHANVAC-B and in 2003 for SHANFERON
  • DBT – (Dept. of Biotechnology) Award – for SHANPOIETIN (2005)
Federation of AP Chambers of Commerce & Industry Awards
  • Best Exporter (1986)
  • Best Marketing Efforts (1999)
  • Best New Product Innovation Award for SHANFERON (2004)
  • Best Technology Development in R&D award for SHANKINASE (2005)
Other honors
  • Institute of Public Enterprise – In 1998, Distinguished Entrepreneur Award
  • Hyderabad Management Association – In 1980, Best Manager Award
  • American Telugu Association (ATA) – In 1998, for Research in the field of Biotechnology
  • State Bank of India – Pragna Bharati Puraskar (2002)
  • Dr. Ramineni Foundation Award – Visishta Puraskar (2000)
  • National Citizen’s Overseas Award (2000)