“Inspirational Journey of Paytm Founder”

How Vijay Shekhar Sharma Started "Inspirational Journey of Paytm Founder" Pavtm 7 june 1978 Aligarh Born to School Have 3 sibling, Teacher father 2 elder sister & & Homemaker mother a younger brother 00 Topper in class Passed His Went to higher secondary School at the age Hindi Medium School of 14 Has to get Special Was not allowed to take DCE Entrance exam Permission from VC of DU to appear for exam at the age of 15 as he was under-age Did not know how to read and write English Started attending classes in Delhi engineering college in 1994 Realised soon enough that to make it through college he must start learning the language first Bullied by classmates NEWS Mastered the language by reading books, magazines and Read about Silicon Valley in a magazine newspapers Dreamt of becoming Sabeer Bhatia Bunk most of his classes & spent time in the computer centre in college 男 College allowed their start-up to function in campus as they managed the college website and email services for free. Started a company college called Xs! Corporations with his batchmate Harinder Pal Singh while in 3rd year of college SOLD Raised Rs 20,000 funds from New Mexico-based venture Sold XSoperation's web portal to Living Media India Ltd (India Today group) in 1999 capital fund called Individual Angel Investor Started working for Intersolutions (subsidiary of Lotus Interworks) Sold XSoperation to Lotus Interworks, USA in end-1999 for $500K In 2001 co-founded One97 Communications (P) Ltd with Rajiv Shukla, a former colleague Quit Intersolutions at the end of 2000 Cofounder left him Company went into loss and was on his own again with the dotcom bust in 2000-2001 Started using public transport, lived on two cups of tea, it was hard times again Wants to start a business again but father asked him to take up a job However, the entrepreneurial drive never really left him Joined Startec Global Communications as a consultant Borrows Rs 8 lakh from his The way forward was the telecom sector which parents and sister to start all over again was opening up Hires 7 panditjis (astrologers) & started making money out of astrology phone-ins. Waiting for a break, suddenly find out Bharti Airtel Ltd was interested in creating "live astrology" call centres 三 The dial-in model for Started Providing VAS for mobile phones for phone systems interested him Airtel under revenue-share model Sharma worked hard to One97 suffered a revenue turn things around and revenue shot up loss of Rs 11 lakh in 2001-02 Acquired Positive Consol, a data services Got married to Mridula in 2005 company in 2006 wwwl With smartphones becoming popular, decided to do something around it. Started experimenting with the 3 basics of internet- content, advertising and commerce. Big eureka moment Pitched the idea of entering the payment ecosystem in front of his board. Board was not convinced with idea came in 2010 Paytm Launches Paytm (Pay Through Mobile) - Online recharge Portal Took risk, put down $2 Mn on stake to start Launches Adworks - Mobile Advertising Platform Launches paytm Wallet Paytm marketplace launched Ratan Tata Backs Paytm Paytm raises funding from Alipay Finacial Featured in Economic Times "India's Hottest Business Leader under 40 Received an honorary doctorate degree from Amity University Gurgaon Invests in GOQii, Applied life, InnerChef, DealStreetAsia & Intelligent Interfaces "To the winners, who won because they didn't give up." Vijay Shekhar Sharma Reference goo.gl/76ekZT goo.gl/OyeXEZ goo.gl/Sxnrhh Bizztor.com businessinsider.in fundersandfounders.com paytm.com goo.gl/DsQYrc firstpost.com goo.gl/ZTnaJi Bizztor.com Design inspiration Anna vital %24