A social business entrepreneur: Jignesh Shah

63 moons technologies has always had an approach of 360-degree financial market development covering equities, bonds, currencies and commodities with extensive ecosystem to provide support of information, payment and settlement solutions, knowledge management and financial literacy and education.

The Group, led by Mr Jignesh Shah, focussed on creating newer types of jobs and vocations and building new market segments.  It pioneered growth in several market segments in India, including commodities, currencies, and energy and brought in efficiencies in practices and processes on a proactive basis.

63 moons opened a gateway for Indian businesses to explore opportunities in Asia, Africa and the Middle East. With a vision to make India a major international financial centre, it witnessed development of an extensive financial markets infrastructure with Indian enterprise and entrepreneurship.

The company takes pride for coming up with cost-effective products and solutions in real-time information and mobile payments so vital for financial markets, exclusive facilities for developing knowledge and skill-sets in financial markets operations, and for its extensive contribution to promote financial education, financial literacy and special programmes for the less privileged.

Read more:- 63 moons tech’s contributions to Exchange markets

Read More

63 moons technologies: Creating value for nation-building

63 moons technologies, led by the visionary Jignesh Shah, has always had a strong connect with physical markets and real economy. This commodities exchange and ecosystem created a huge network of players in the real economy with opportunities of gainful business and sustainable incomes.

All of Mr Jignesh Shah’s exchanges and ecosystem ventures were job-oriented, revenue generating and employment intensive and also created newer types of jobs and vocations.

A national study showed creation of a million jobs by MCX alone with its extensive connect with the real economy players.

The 63 moons technologies Group made significant contribution to the tax revenue without seeking any subsidies or tax reliefs like the IT sector. The operations of the exchanges and ecosystem institutions generated a number of taxes, such as sales tax, income tax, VAT, STT and CTT.

Rural Focus

Gramin Suvidha Kendras were set up, in collaboration with India Post, to expand the reach and access of the commodity exchange benefit to farmers and other producers in the rural areas.

The 63 moons technologies Group’s international ventures put India on the world map of global finance. The Group’s exchange development strategies have become case studies for emerging markets.

Read more:- A STELLAR OFFERING

Read More

63 moons – the fintech par excellence

The distinction that visionary Jignesh Shah brought to the Indian markets is to create new vistas in market development strategies, build capacity, innovate in product offering and adopt an inclusive approach.

Though every market segment that he nurtured and developed was new to Indian markets, he made it successful in terms of scale and significance. Be it the trading platform ODIN that revolutionized stock trading in India or commodities exchange that was the first to reach global league tables within a short time or energy exchange, one of the most innovative and needed intervention that benefited scores of SMEs, or the pursuit of international exchanges by any exchange group in India.

While growth was the prime objective, touching the core of the real economy and making the development process inclusive are all embedded in the business philosophy that made all his ventures stand out from the crowd. It is this passion that saw him growing from a start-up entrepreneur in the late 1990s to that of a major change agent and an institution builder.

63 moons technologies has been instrumental in creating and changing the landscape of various market segments and building global size and

significance. Most of the market infrastructure that was created was in

greenfield ventures with FTIL vision making each of these ventures into

markets of national importance.

63 moons designed and developed cost-effective and customised real-time

information and data analytics to meet the emerging requirements of

small businesses to big corporates. It developed electronic payment platforms and solutions that became a basis for the growth of E-Commerce and mobile payment systems. It also developed domain knowledge solutions across all the major market segments and conducted professional courses and programmes, certification examinations and skill tests.

It was the first exchange group in India in the private sector to sign up for Right to Information Act. 63 moons was also the first major software product company in India with proprietary products that were introduced in India for the first time.

63 moons enabled companies to procure power on competitive rates through open access to exchange trading, thereby reducing dependency on expensive,

single-source boards.

Read More:- WHEN TECH MEETS SOCIAL

Read More