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Vijay Shekhar Sharma An Indian to build a Million Dollar Startup

Vijay Shekhar Sharma is an Indian entrepreneur, founder of mobile payments company Paytm and India’s youngest billionaire

Vijay Shekhar Sharma Founder Paytm.

(Paytm Success Story) Vijay Shekhar Sharma An Indian to build a Million Dollar Startup 

Someone wise has said, “A man makes his own destiny.” This has been well proved by the CEO and founder of Paytm. Born in a small town Aligarh, Vijay didn’t have an easy life. He is from a humble background where his father is a principal and mother’s a housewife. Nothing ever came easily to Vijay be it the money or success.

Vijay Shekhar Sharma now comes out with the most welcoming smile possible but very few are aware of the hard work and difficult times he had gone through. He now owns a company worth 3 billion dollars that are a whopping amount for anyone. Check the complete Success story of Paytm and know how dedication pays off.

The difficulties Vijay Sharma faced in the initial years (Paytm Success Story)

Vijay Shekhar Sharma was an exceptional and an outstanding child in the school. But all this changed when he came out of his city and joined the college life. He shifted from the first bencher to the backbencher because of the lack of the knowledge of English. India is a country where the English obsession is nothing new and more than thousands of people go through harassment and failure because of this. Below listed are some of the more difficulties that he faced in his tough time.

His English turned out to be the biggest hurdle in his success. But Vijay was not the one who would easily give up. To increase his English skills, he took the help of his friends, books, magazines etc. Not only this, he read the same book both in English and Hindi to understand the language deeply.

A true motivational and Successful story behind paytm for inspiring a moral message

Vijay being the topper in school became the backbencher because of the poor English proficiency. This led to him spending more time on computers and dreaming about the Silicon Valley.

During his college days, he built a startup called “XS Communications”. This was a content management system which was further used by many publications including the Indian Express.

He also went through a major financial crisis. While creating One97, he ended up on a loan of 8 lakhs which was a huge amount for the common man in the older days.

How does Paytm got in the online world?

It all began when One97, with the help of a 4-member team designed and launched their first ever mobile commerce platform in August 2009 i.e. Paytm. Paytm which is a short for Pay “Through Mobile” under the parent company One97 in the most simplified terms was nothing but a medium through which anybody & everybody could recharge or pay majorly all their bills online. You have to be living under a rock if you have not used or heard about Paytm. It brought a fresh air of development and revolution that completely changed the billing system.

The increasing growth of the company

Maintaining the success of the company has to be one of the toughest things to do. But with the constant attention and teamwork, there is nothing that can stop you from doing it. Vijay and his team members are still contributing the same efforts to maintain the heights Paytm has achieved till now. They also have added other notable features to it which are mentioned below.

They added GPS tracking system. Also, they created their wallet where they can store the money online.

Also, they added NH-8 toll-card recharge, bus ticket booking, income tax returns filing and also re-launched their earlier called GamesPind under Paytm Games.

Conclusion

Vijay Shekhar Sharma is one kind of an inspiration to everyone who wants to do anything in life. He has a great business mind with a smart and kind personality. His known and team members only have praises for him. Also, he is the most generous person you will ever meet and the testimony of this statement is that he shared 14% of his company shares to his employees. And why he chose to do this is nothing hard to understand. So, if you also have a dream then go ahead and work upon it despite the difficulties you have to face.

If you know more about this person, feel free to reach us and you can share the information and we’ll ensure that your contribution gets sufficient room on our website.

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