This is
true for opportunities in the start-up ecosystem in India currently. And
Jignesh Shah, the Chairman Emeritus of 63 moons technologies Ltd., a prolific
fintechpreneur himself, also believes the same. After creating successful and
strong ventures in exchange and marketplace in the first decade of the
millennium, Jignesh Shah is now looking at mentoring wannabes in Indian tech
start-up scene.
Thanks to
focus & relentless efforts of Narendra Modi government on Make In India and
Star-up India initiatives, India has emerged as the 3rd largest
start-up ecosystem in the world currently with local start-ups investing at a
global stage. More than 40 Crore people will be trained under different skills
over next 3 to 4 years under these initiatives. With such a conducive
environment, something which Jignesh Shah believes was nonexistent in earlier
regime, he sees 100 times bigger opportunity in the same and intends to be part
of and contribute to it.
Jignesh
Shah as an entrepreneur himself, with his vision of creating large scale
institutions of global standards, has created some big milestones in past. Be
it his first product ODIN for exchange business which covered 80%+ market share
or creating the first multi commodity exchange MCX which went on to become 2nd largest
commodity exchange in the world basis the trading volumes, he is considered to
be the flagbearer of the belief of making India a leading powerhouse in
regional and world finance space. He has created more than 10 Lac jobs due to
his these and other successful ventures both in India and abroad.
Now Jignesh
Shah is looking at opportunities beyond exchanges and marketplaces. He is
looking at prospects in IP based field in verticals of agriculture, genetics
and robotics as well. And he believes that by aiding the current start-up scene
in India in these fields will help generate huge employment openings, to the
tune of 10 Crores jobs over the next 10 years. Being a first gen entrepreneur
himself, Jignesh Shah believes a star-up ecosystem will thrive in the country
if provided with right kind of mentorship and large funding for
institutionalization, globalization & scaling up. And he is more than
excited to contribute to that!
