Retail Chronicles_13
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BIOPIC –<br />
VIJAY SHEKHAR SHARMA<br />
By: Aditi Barde<br />
“Hustler” – the one word that aptly<br />
describes the startup maestro Vijay<br />
Shekhar Sharma. Vijay surprisingly<br />
completed his engineering at the<br />
age when he was only 19.Also a<br />
self-taught programmer, a child<br />
prodigy, an entrepreneur in college,<br />
and now the founder of one of<br />
India’s most renowned and valuable<br />
fintech startup.He has been<br />
hustling his way to success<br />
through all the thicks and thins of<br />
his life. Being a son of a school<br />
teacher froma small city North<br />
India, Vijay Shekhar Sharma<br />
founded fast-rising mobile wallet<br />
Paytm in 2010.<br />
In 1997 during his collge days, he<br />
started the website indiasite.net and<br />
sold it two years later for $1 Mn.<br />
He started One97 (Paytm’s parent<br />
company) with a loan of $12,525<br />
(INR 8 lakhs) and when the<br />
repayment became tough, he did<br />
not shy away from taking up all<br />
orts of jobs to make ends meet like<br />
setting up LAN connections,<br />
delivering guest lectures and so on<br />
to make ends meet.<br />
From there to reaching 230 Mn<br />
customers on Paytm to launching<br />
Paytm Payments Bank to making<br />
his debut on the Forbes Billionaire<br />
list with a net worth of $1.3 Bn as<br />
well as on the 6th “Hurun India<br />
Rich List 2017” to buying a $12.72<br />
Mn (INR 82 Cr) worth 6,000 ft.<br />
residential propertyin Lutyen’s<br />
Delhi, Vijay Shekhar Sharma has<br />
come a long way.<br />
07
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