Jignesh Shah: A Business Man or a Philanthropist?

The first generation entrepreneur, Jignesh Shah, is a self-made man who comes from a bourgeois family and made it to the list of the richest men in India. After finishing his Bachelors in Engineering, Shah worked at the Bombay Stock Exchange (BSE) where he learned more about the stock market. He knew that the only way he could achieve his dream of globalizing the market is by being an entrepreneur. Soon after leaving the job at BSE, Shah landed with his flagship product Financial Technologies India Limited (FTIL), currently known as 63 Moons Technologies Limited.

Jignesh Shah wanted to create new generation markets and segments which are people centric and have a comprehensive market structure. His Public-Private Partnership (PPO) model to build world-class financial institutions was a success. The modern IP-centric financial markets he had created became the tool to change the contours of exchange trading in India and other emerging economies from Africa to Asia. Jignesh Shah wanted the Indian financial market to stand tall among other nations and with his ground-breaking initiatives he brought in a revolution which made India an epitome. After the phenomenal success of Financial Technologies Limited India, Shah came up with more initiatives like ODIN, MCX which completely changed the face of India.    

Jignesh Shah wanted to bring a change in his country and that is why he had created an eco-system which narrates the ideology of the ‘Make in India’ campaign by Narendra Modi. His motive was to create more job opportunities for the youngsters of India, which were both of high-standards and environmental friendly. This brilliant strategy of Shah has created over millions of job opportunities across the country.

Shah has also invested himself in various CSR activities like ‘Gramin Suvidha Kendra’ in association with India Post and ‘Pragati’ with Rotary International which focuses on empowering the unprivileged communities with education and training. 

Over the years,  Jignesh Shah has received a series of awards for his contributions towards the society. Institutional Investor had featured him among the 'Top 30 Global Innovators in e-finance' in 2008. He was also listed among the 'Dominant Financial & Futures Industry Leaders for 2008' by Futures Industry Association (FIA), Washington and was awarded the ‘Indian Express Innovation Award’ presented by the then President, Late Dr. A. P. J. Abdul Kalam. Other achievements like getting chosen among the ‘Top 20 Indians’ by CLSA and honoured with the ‘US-India Businessman of the Year’ award also proves his competency.