Jignesh Shah knew one thing for fact that fortune favours the brave. With his bravery he built the world around him full of fortunes. He has been a visionary for 18 FinTech platforms which caused revolution in the world of financial technology. The FTIL was established in the year of 1995 where an unchartered area was available for him and he gave up multiple opportunities to work abroad. The technical innovations were used by him and his partner to create the first technology driven finance company.
Shantanu Guha Ray is the author of two major controversial books Fixed! Cash and corruption in cricket and Mahi: Story of the most successful captain of India. He has come up with his new book, The Target This book addresses the advent and fall of Jignesh Shah and the controversies associated with him. In his book, Mr. Guha Ray mentions some of his famous encounters where he was appreciated in foreign countries.
‘At the launch in November 2005, the Prime Minister of Dubai, a man of very few words, looked at Shah and remarked into the public address system, ‘You came, you promised and you delivered.’
Over the years Jignesh Shah has been showered with multiple accolades such as US-India Businessman of the year 2005-06 by senator Mrs. Hillary Clinton in Washington DC, USA. Shah was also awarded with the Indian Express Innovation Award from the then president Late Dr. A.P.J Abdul Kalam.
In his book, Guha also mentions about his quick rise to success.
“As per the Forbes rankings in 2008, Shah – for, it was when Shah had reached his peak – was the world’s 1,014th richest person with a net worth of $1.1 billion. In 2009, MCX overtook the London Metal Exchange (LME) to become the sixth most active commodities bourse in the world and saw more than $1 40 trillion in trades. This was not all. Shah, using the state-of-the-art technology solutions set up over a dozen other exchanges across the globe stretching from Botswana in South-Central Africa to Singapore in South-East Asia.”
The book talks about the relation between business and politics in India which completely shunted Shah.
