Talk about the innovations that have catapulted the Indian financial ecosystem to a zenith point, Jignesh Shah will always be placed as the numero uno tech entrepreneur. He not only created nationwide, efficient and transparent financial marketplaces with scientific price discovery processes but also generated more than a million of jobs in our economy.
Having the mettle to venture into the system when no other established players ‘wanted to take the risk’, Jignesh Shah’s ventures not only brought in the much-needed transformation in the sector but also envisioned the Indian market at the epicenter of global markets by integrating it with the global exchanges.
A stellar example of value creation, his flagship company, 63 moons technologies limited or the former FTIL became the first major software product company in the country with leading proprietary products.
The journey, which began with the launch of ‘ODIN’ in 1995—a brokerage solution that helped the stock markets to spread across the nation—progressed with the set-up of nine multi-asset-class national and international exchanges, a national electronic payment service as well as a platform providing financial real-time content namely, MCX, MCX-SX, DGCX, IEX, BFX, SMX, Bourse Africa, Atom Technologies and TickerPlant.
And while doing so, 63 moons always promoted local talent and skills in the financial market because of its sheer belief in the power of the Indian enterprise. 63 moons has always focused on generating sustainable incomes and self-employment opportunities. The company’s model of ‘Social Business Entrepreneur’ has generated over a million jobs that have blended social interest with inclusive growth while assuring highest returns to the shareholders.
