1 / 8

Lessons to Learn From Jignesh Shah’s Incredible Journey

When you read about the life of Jignesh Shah, it becomes evident that he was not only building companies but also creating the future. Even before words like u201cFintechu201d were used as buzz terms, Shah had already changed the way technology could impact financial markets. His companies were not only way ahead of their time, they were making the times ahead of them. That is why his story is more than a compelling biography! Itu2019s a blueprint for technology leadership that future entrepreneurs should learn from.

jigneshshahinnovator
Télécharger la présentation

Lessons to Learn From Jignesh Shah’s Incredible Journey

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. LESSONS TO LEARN FROM Jignesh Shah’s Incredible Journey

  2. INTRODUCTION When you read about the life of Jignesh Shah, it becomes evident that he was not only building companies but also creating the future. Even before words like “Fintech” were used as buzz terms, Shah had already changed the way technology could impact financial markets. His companies were not only way ahead of their time, they were making the times ahead of them. That is why his story is more than a compelling biography! It’s a blueprint for technology leadership that future entrepreneurs should learn from.

  3. SEEING THE FUTURE BEFORE OTHERS DID Before Shah’s entry in the markets, India’s financial markets relied on outdated systems with fragmented access and limited reach. People resorted to being a mere cog in the machine, but not Shah. In 1995, Jignesh Shah launched Financial Technologies (India) Ltd. (FTIL), now known as 63 moons technologies, with the belief that technology had the potential to change not only transactions but economies as a whole.

  4. BUILDING ECOSYSTEMS, NOT JUST EXCHANGES One of the most impressive things about Shah’s journey was how he viewed his companies in the markets as ecosystems instead of stand-alone institutions. In the span of a decade, he constructed ten multi-asset class global exchanges, a feat unheard of before. These exchanges included the likes of Multi Commodity Exchange (MCX), MCX Stock Exchange, Indian Energy Exchange, Dubai Gold and Commodities Exchange (DGCX), the Singapore Mercantile Exchange (SMX), and Bourse Africa.

  5. AHEAD OF THE CURVE IN FINTECH And then there was the National Bulk Handling Corporation (NBHC), which provided world-class warehouse facilities for farmers to store their produce while simultaneously collaborating with various banks to provide attractive loans to the rural population based on the collateral stored in the warehouses. NBHC provided India’s commodity markets with an infrastructure backbone they sorely lacked.

  6. IMPACT BEYOND MARKETS Another celebrated aspect of Jignesh Shah’s journey is the extent to which it transformed the lives of the masses. At its peak, MCX alone accounted for almost 1 per cent of India’s GDP, generating ripple effects in employment and market entry. By allowing farmers to hedge risk, traders to gain access to global standards, and investors to enter new asset classes.

  7. LESSONS FOR TODAY’S TECH LEADERS • Now that Jignesh Shah has relinquished all of his executive positions at 63 moons, and he has taken on the role of coach and mentor of the company, Shah’s path exemplifies some evident lessons to anyone who aims at becoming a true leader: • See the invisible • Build ecosystems, not silos • Technology must empower • Resilience matters as much as vision • Think globally, act inclusively

  8. THANK YOU https://jigneshshahinnovator.com

More Related