Jignesh Shah: The Man Who Built the Indian FinTech Industry

Across the Indian FinTech industry, Jignesh Shah is a name known to all. Currently a millionaire, he once used to work at the Bombay Stock Exchange (BSE). With sheer hard work, the first generation entrepreneur built a global empire that left the whole world in awe. His flagship product, Financial Technologies India Limited (FTIL), currently known as 63 Moons Technologies Limited, is one of the biggest organizations of its kind. Creating over millions of jobs in India, the organization has impacted the lives of over 1 crore individuals in India.  

  

His chronicle began the day he arranged a rendezvous with many capital market honchos from across the world. With strong determination and innovative strategies, he demonstrated his plans and ideologies to his guests. His actions opened up new opportunities for India and its citizens.

The visionary entrepreneur wanted to create new-generation markets and segments that are people-centric and have a comprehensive market structure. His primary objective was the welfare of the country and empowering its citizens. He had created an eco-system that narrated the ideology of the ‘Make in India’ campaign of Prime Minister Narendra Modi. Besides FTIL, his other exchanges like Multi Commodity Exchange (MCX), Indian Energy Exchange (IEX) are pinnacles in their respective fields. Foreign Exchanges like Singapore Mercantile Exchange (SMX), Dubai Gold and Commodities Exchange (DGCX) have opened up routes for foreign trades.

Jignesh Shah gave more emphasis to job generation and skill enhancement. He offered high standard jobs to the youth that were environment-friendly. One of his major initiatives, ODIN took the whole country by storm after its unimaginable success. It had captured the second largest market share in the Trading Terminal Segment. Creating over 25 lakh jobs in the country, it is one of the most successful initiatives of the Chairman of 63 Moons Technologies Limited, Jignesh Shah.

He created Public-Private Partnership (PPP) model to build world-class financial institutions and modern IP-centric financial markets to extend the reach of India. His undivided attention and determination resulted in 1% of the overall country’s GDP.          

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