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An innovative and young entrepreneur took the Indian exchange sector by storm by establishing 63 moons technologies limited with his innovative zeal and entrepreneurial aggression.
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An innovative and young entrepreneur took the Indian exchange sector by storm by establishing 63 moons technologies limited with his innovative zeal and entrepreneurial aggression. With ever-growing passion and steadfast commitment, he turned the company into one of the finest examples of Make in India initiative. In no time, 63 moons created nine state-of-the-art exchanges across the globe in a range of asset classes, the credit of which goes to Jignesh Shah.
Jignesh Shah’s company’s rapid and tremendous growth, however, did not go down well among the monopolistic forces and certain vested interests who perceived it as a threat to their monopolistic regime in the markets. They formed an unholy nexus and engineered a payment default crisis at the National Spot Exchange Limited (NSEL) in 2013 with the help of then union finance minister P Chidambaram and his bureaucratic cronies.
Despite enough evidence of the entire money trail being traced to the 24 defaulters and not a paisa to the exchange, its parent company and Jignesh Shah, the Group was targeted and persecuted snatching away all the exchanges from its group of companies. But Jignesh Shah’s grit and determination for justice did not let him give up and he continued fighting for truth. His faith and perseverance eventually paid off.