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Jignesh Shah sees big potential in Start-up Ecosystem

Jignesh Shah u2013 current Chairman Emeritus of 63 Moons Technologies limited, created world class institutions in the exchange ecosystem.

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Jignesh Shah sees big potential in Start-up Ecosystem

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  1. Jignesh Shah sees big potential in Start-up Ecosystem

  2. In a span of less than 10 years, Jignesh Shah - current Chairman Emeritus of 63 Moons Technologies limited, created world class institutions in the exchange ecosystem. An engineer turned entrepreneur and having penchant for creating large-scale institutions with global outlook and appeal, he created employment for more than 10 lakes in that duration. Beginning with working in an unchartered territory in the financial markets of 90s,

  3. he and his friend Dewang Neralla started FTIL (now renamed 63 moons technologies limited) which went on to become a market leader in its product category of technology solutions in exchange, brokerage, messaging & risk management, with a whopping market share of almost 80%. This was followed by building exchanges truly world class-MCX created by him became world’s 2nd largest commodity derivatives exchange by trading volumes shortly after its opening, set up exchanges and made them operational in record time abroad by starting DGCX in Dubai, SMX in Singapore and Bourse Arica in Africa amongst many such. also became the first Indian private company to be invited by Government in International financial centers for setting up multi-asset class market exchanges.

  4. While his growth story got impaired due to an unfortunate payment crisis in one of the spot exchanges created and promoted by 63 Moons – the NSEL, Jignesh Shah is in no mood to lay low in his conviction that the startups and entrepreneurial ecosystem has a huge opportunity in India to blossom and create many more employment opportunities. Someone who strived and worked relentlessly towards Make In India initiative way before it was even conceptualized.he believes the current startup ecosystem and the focused Modi Government initiatives in development of enterprise and entrepreneurship in India provides far bigger opportunities for generating jobs than earlier times. In the current and coming times, he is confident of creation of minimum 1 Crore jobs and up to 10 Crores in next 10 years.

  5. Jignesh Shah is intending to put in all his energies to facilitate the youth and mentor them in building their startups. He is looking out for new creative and innovative ideas vide his initiative JS Innovation Lab by organizing multiple conferences to find potential entrepreneurs. While he is fighting patiently & tactically the contentious litigations against him and his company, he is confident that like past when his products have been advantageous and enormously beneficial to users, this stint of investing his time and energy in the startup ecosystem and progressing ‘Make In India’ initiative will prove to be good for him and for the economy of the country.

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