Mr. Jignesh Shah is the Founder, Chairman Emeritus, and Chief Mentor of 63 moons technologies limited.
Jignesh Shah is the Founder, Chairman Emeritus, and Chief Mentor of 63 Moons Technologies Limited. Over the years, he has been hailed as a change agent in the Indian financial sector. His far-reaching vision, which has transformed India's market infrastructure by connecting rural and urban areas, has propelled Indian finance toward global integration and capacity building. When India's financial market infrastructure required a leap, Shah's foresight took it beyond conventional boundaries. He is known for creating "electronic silk and spice routes" connecting regions from Africa to the Middle East and Southeast Asia, making his company the only Indian entity to establish such a global network.
That vision sealed Shah's reputation as the "Innovator of Modern Financial Markets," especially because of the construction of a successfully replicable PPP model. His approach introduced modern, IP-centric financial markets that have gone on to influence exchange trading not only in India but also across emerging economies in Africa and Asia.
One of the critical happenings in Shah's career was the formation of MCX in 2003. MCX, being India's first-ever commodity exchange, soon became the world's 6th largest commodity futures exchange for the year 2009, according to the reports by Futures Industry Association. With MCX gaining massive popularity amongst Indian investors, this attracted a number of governments and organizations to partner with 63 Moons Technologies to create more such commodity exchanges across the globe. Shah's contributions have been recognized globally. He was termed one of the "Top 30 Global Innovators in e-finance" by Institutional Investor in 2008 and identified as "Dominant Financial & Futures Industry Leader" by the Futures Industry Association as early as 2008.
He has collected clutches of awards including the Indian Express Innovation Award handed by late President A.P.J. Abdul Kalam, the Ernst & Young Entrepreneur of the Year- Business Transformation and even figured in Forbes's list of India's richest till 2010. He was identified by CLSA as one of the "Top 20 Indians" who would decide the shape of global business and inducted into their Hall of Fame.
Shah, too, has signed up for CSR. His interventions like Gramin Suvidha Kendra with India Post and Pragati with Rotary International aim at empowering the underprivileged sections of society through education and training. His vision of finance has only to do with social responsibility. The case of Jignesh Shah illustrates the power of innovation and technology inculcated with the sense of social good, acting almost as a predictor of his position as one of the most important visionaries responsible for shaping India's modern financial markets. His legacy inspires a generation of innovators and entrepreneurs in the fintech space.
