The Tale of Jignesh Shah: A Visionary who had a Dream

The business tycoon of India’s exchange market, Jignesh Shah is a visionary whose contributions towards the society are commendable. Owing to his efforts, the Indian capital market witnessed a transformation and received global acclamation. When the Indian exchanges were facing difficulties to survive in the market, the zealous entrepreneur, with his unique ideologies and strategies, opened up various opportunities for the market to flourish. 

According to Forbes, he is one of the richest persons in India. However, he was not always the man he is today. Jignesh Shah belongs to a middle-class family and is an engineering graduate. After completing his degree, he was working at the Bombay Stock Exchange (BSE), an online trading platform, where he fathomed the various patterns and nuances of the market. Being a visionary, he knew that the only way he could attain his dream was by becoming an entrepreneur. Soon, he left his job at the BSE and came up with the fin-tech company Financial Technologies India Limited (FTIL), currently known as 63 Moons Technologies Limited.  

Jignesh Shah wanted to create new-generation markets and segments that are people-centric and have a comprehensive market structure. His aim was the welfare of the country and creating millions of job opportunities for the youth that will create an enormous amount of wealth in the country and eventually empower millions. Before Prime Minister Narendra Modi’s ‘Make in India’ campaign, Jignesh Shah-led FTIL had curated an ecosystem that followed its ideology. According to it, more emphasis should be given to job generation and skill enhancement. At the same time, they should have high-quality standards and be environment-friendly.

Currently, Jignesh Shah’s 63 Moons Technologies Limited is the biggest financial distribution network in India. It's flagship product ODIN has around one million licenses across 600 cities and created 25 lakh jobs that benefited nearly 1 crore households. Besides that, his other exchanges like Multi Commodity Exchange (MCX), Indian Energy Exchange (IEX) are respected exchanges in their respective fields. Foreign Exchanges like Singapore Mercantile Exchange (SMX), Dubai Gold and Commodities Exchange (DGCX), etc. have facilitated India’s routes to international trades.