Jignesh Shah's story of evolution through organic growth

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Jignesh Shah's story of evolution through organic
growth
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Jignesh Shah's story of evolution through After
coming to power and assuming office in 2014,
Narendra Modi announced the Make In India
initiative. The major objective of the initiative
was to focus on job creation and skill
enhancement in 25 sectors of the economy. But
just about decades before this initiative, one
first generation entrepreneur had the same
vision, and over the course of a few years he
managed to not only realize this vision, but far
exceed it. The man who went on to be more
popularly known as the "Exchange Man" of India is
not only one of the most successful Make India
Stories in recent times, but Jignesh Shah has
inspired many more like himself to continue to
dream and achieve.
Source Jignesh Shah's story of evolution through
organic growth
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Jignesh Shah's story evolution through organic
growth began in the early 90's when he pioneered
Make in India technology for trading in
financial exchanges across multiple asset
classes. Today 63 moons, the company he founded
is 2 leader globally by licensing volume. 63
moons operates the largest financial distribution
network in India through its ODIN suite of
trading terminals with close to one million
licensees across 600 cities, towns and villages
Source Jignesh Shah's story of evolution through
organic growth
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Source Jignesh Shah's story of evolution through
organic growth
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Next Jignesh Shah set his sights on creating
green field financial markets and ecosystem
ventures across India, Middle East, Africa and
SouthEast Asia. The result of his relentless
pursuits led to the Multi Commodity Exchange of
India Limited (MCX), Singapore Mercantile
Exchange (SMX), Indian Energy Exchange Ltd.
(IEX), Dubai Gold and Commodities Exchange (DGCX)
and Bourse Africa Limited (erstwhile Global Board
of Trade, Limited) which are amongst the most
renowned institutions in their respective
regions.
Source Jignesh Shah's story of evolution through
organic growth
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This organic growth story did not stop with just
technology for trading and setting up of
Exchanges. Jignesh Shah's vision also included
transforming the entire commodity trading
ecosystem. His aim was to revolutionise all the
tertiary businesses that included warehousing,
collateral management, bulk handling, information
vending, digital payments as well as developing
the spot market to ensure an underlying trading
system for financial markets. With companies such
as NBHC, Tickeplant, Atom and many others,
Jignesh Shah's vision of evolution had reached
the next milestone. Over the course of about a
decade, Jignesh Shah's institutions went on to
provide over a million jobs and opportunities,
paid over 2000 crores in taxes and paid a
dividend to its shareholders for 38 quarters
straight. A true success story of evolution
through organic growth.
Source Jignesh Shah's story of evolution through
organic growth
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