FWD Business

Cashing in on Success!

PayTM’s Founder Vijay Shekhar Sharma’s incredible journey

Early life

Born and brought up in a modest family in Aligarh (UP). Father worked as a school teacher. His mother is a homemaker. He has two elder sisters and a younger brother.

Education

Schooling in Hindi Medium School. He did not know to read and write English. Joined Delhi engineering College in 1994. Bunked his classes and spent time in the computer lab in college. Started learning English by reading books, magazines and newspapers.

Career

In his third year of college, started a company called Xs Corporations with his batchmate. Raised Rs 20,000 funds from New Mexico based venture. Started working for Intersolutions (Subsidiary of Lotusworks). Overcomes many hurdles in life.

Career growth

Vijay found One97 in 2000 and then launched Paytm in 2010 and becomes the company CEO. Launches Paytm Wallet, Adworks-Mobile Advertising Platform and Paytm Market Place. Ratan Tata Backs Paytm. Paytm raises $200 million in funding from the Alibaba Group affiliate Ant Financial.

Achievements

In FY14 the company had shown a profit of Rs 5.6 crore against a revenue of Rs 210 crore. Paytm wins Outstanding Startup of the Year Award at Forbes Leadership Awards 2016.Vijay receives NDTV Indian of the Year Award 2016. Vijay gets featured in Economic Times “India’s Hottest Business Leader under 40.