The ventures and innovations of 63 moons technologies, envisioned and pioneered by Jignesh Shah, went on to become global leaders in FinTech markets. They contributed significantly to the financial ecosystem and organised markets.One of the foremost contributions of the group was to channelize the unorganized markets and bring about transparency & cost-effectiveness in markets thus enabling substantial revenue generation for the exchequer which otherwise was getting lost in the unorganized markets.
His untiring efforts were always focused towards making India a power house in financial technology, exchanges and related ecosystem development. His group was the only Indian company to have established electronic silk and spice routes across continents right from Africa, Middle East, to South-East Asia. 63 moons developed a strong connect with physical markets and the real economy. The exchanges and their ecosystem created a huge network of players in the real economy with opportunities for gainful business and sustainable incomes. Exchanges and ecosystem ventures of the group have been revenue generating and employment intensive. A national study showed that MCX alone created a million jobs with its extensive connect with the real economy players.
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Unbelievable! Establishing 10 exchanges institutions in 10 years and that too of the level of NSE. Jignesh Shah did it. All big names MCX, MCX Stock Exchange , India Energy Exchange, NSEL and global exchanges such as Singapore Mercantile Exchange Dubai Gold and Commodity Exchange, Bahrain Exchange Global Board Trade- Mauritius) and Bourse Africa are the establishments of Shah. 63 Moons, MCX being the world’s 6th largest commodity futures.
Such stellar contributions cannot remain unnoticed in the world. He was the first Asian to be recognized by the Futures Industry Association, a global forum of the world of futures markets, as ‘Dominant Financial & Futures Industry Leaders’. He is coveted with numerous awards from various industry bodies. All his contributions came from the singular purpose of creating value for the country. He never sought any free land or concessions. Never asked for tax concessions. Most of his key enterprises were regulated by one or more regulators. Some of the best talent in the country and even from other countries were working for him. No doubt, he belongs to a rare class of entrepreneurs whose passion is only to put their country on the top of enterprise. |
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