The path breaking vision of Jignesh Shah

 Mr. Jignesh Shah is the Founder, Chairman Emeritus, and Chief Mentor of 63 moons technologies limited (formerly known as Financial Technologies (India) Limited).

At a time when the Indian financial market infrastructure needed solutions for global integration and capacity building, along with bridging the rural-urban divide, it was the path-breaking vision of Jignesh Shah that went beyond the traditional market structure to set up world-class trading systems in India.

His group was the only Indian company to have established electronic silk and spice routes across continents right from Africa to Middle East, to South-East Asia.

Jignesh Shah is known as the ‘Innovator of Modern Financial Markets’ for his role in creating a successful Public-Private Partnership (PPP) model to build world-class financial institutions. He created modern IP-centric financial markets, which were instrumental in changing the contours of exchange trading in India and emerging economies from Africa to Asia. Jignesh Shah is an innovator and entrepreneur who challenged the dominance of competitors.

“I want to be a coach now and nurture young entrepreneurs by putting in my entire experience and everything I have got to create world-class and world-scale institutions in all the verticals that we will work in. I want to create a big assembly line of future Jignesh Shah’s”. These are the words of the tenacious and prolific entrepreneur Jignesh Shah, a financial market wizard known to have created world-scale institutions in exchange and marketplace, when there were none in India.

Jignesh Shah believes that in any generation, the purpose of any enterprise is to create a strong balance sheet, create a wide product base and a robust shareholder value. Mere sound and noise without these qualities do not add too much and are but trappings very doubtful to stay in the long term. An entrepreneur should never lose focus on the strength of the balance sheet and the purpose of business.


Comments

Post a Comment

Popular posts from this blog

Govt mapping global skills requirements to help entrepreneurs

  Prime Minister Narendra Modi said recently that the government is mapping the global skills requirements while exhorting Indian youth to skill, reskill and upskill in order to remain relevant in the rapidly changing business environment and market conditions.   “There are a lot of opportunities opening up across sectors and all over the globe”. he said. Viewed in a global context, investors can be assured that India is the best destination in the  world said  Prime Minister Narendra Modi. "I consider entrepreneurs as India’s ‘Growth Ambassadors’. I want to tell them that our government will leave no stone unturned to make India a better place to do business in all aspects. We want entrepreneurs to get better productivity and better profits, we want our industries to grow in speed and scale, we want our businesses to get access to bigger markets, both at home and abroad. We want our investors to earn more, invest more and create more jobs, said Modi.   Modi said that this country
Read more

Govt keen to work entrepreneurs in developing roadmap for growth, says PM Modi

  Prime Minister Narendra Modi told a gathering of prominent Indian start-up entrepreneurs recently that the government is keen to work closely with young entrepreneurs in developing a roadmap for growth. “Policymakers in government are relatively senior. The group I am meeting today is young. I want both to work together for India’s good," Modi told start-up chief executives. He said the government was eager to receive suggestions and feedback to create policies that would have a lasting socio-economic impact. Organized by federal policy think tank NITI Aayog, the ‘Champions of Change’ is the first such attempt to bring entrepreneurs from varied industries in direct dialogue with the government. “This was the first attempt, the first government-led attempt..." Modi said. “I want this institutionalized and I am open to suggestions on how to make this an yearly affair," Modi said. He urged entrepreneurs working in the same industry to collectively discuss and present su
Read more

Jignesh Shah: The Man Who Transformed Indian Markets

  To build an institution is probably one of the hardest and yet most fulfilling achievements for any entrepreneur. To build an industry is many levels above that. India has had the good fortune of seeing many first generation entrepreneurs go from rookies to stalwarts. While most have gone on to make a lot of money and fortune, few have had the honour of being responsible for creating or transforming an entire industry. Jignesh Shah is one such man.  Having started out with nothing but a couple of friends and colleagues who shared his vision and passion, the man who is famously known as as India s "Exchange Man" has the unique distinction of transforming an industry that was deemed impossible to change considering the complexities involved.  At a time and age when India was still grappling with its limitation and not its potential, Jignesh Shah embarked on a journey which most thought was destined for failure. Transforming the commodities trading market and entire ecosyst
Read more