Fintech maverick,
Jignesh Shah who once built a series of exchanges in India and abroad shown his
interest in Indian startup industry which is still in the emerging
phase. A man who created over a million of jobs, Jignesh Shah
sees a huge potential in a startup ecosystem and strongly feels that
if startup ecosystem in the country would be advanced in a right
direction then 10 crore jobs can be easily created over the next decade.
Jignesh Shah is confident now that the time has
come to start his second innings as the Narendra Modi government is taking lot
of initiatives for boosting up the start-up industry. Entrepreneurship is also
flourishing in India after the comeback of Modi government. Jignesh
Shah is quite hopeful about generating a lot of job opportunities in the next
10 years through the startup ecosystem.
Earlier, Jignesh Shah had
set an unprecedented pace within just the first few years of creating a
well-developed infrastructure of financial ecosystem, that too, within a
decade. Through sheer patience and perseverance in creating robust
infrastructure, he effectively combined his intellect and expertise in
information technology into founding Financial Technologies (now known as 63
moons technologies) and a string of many world-class exchanges across India and
abroad.
Under regulatory orders,
Jignesh Shah had to leave the exchange space when a payment default of Rs 5,600
crore in 2013 surfaced at one of his venture National Spot Exchange Ltd (NSEL).
However, no agency could prove even a single paisa of wrongdoing on his part,
nor on part of his companies.
