Vijay Shekhar Sharma Biography – Are you curious about the success story of Paytm CEO Vijay Shekhar Sharma? From humble beginnings to becoming one of India’s most successful entrepreneurs, Vijay Shekhar Sharma has achieved remarkable success. In this article, we will be exploring his net worth, education, and more. Learn all about the inspiring story of Vijay Shekhar Sharma and how he has become one of the most successful entrepreneurs in India.
Vijay Shekhar Sharma’s Education and Professional Background
Sharma was born in Aligarh, Uttar Pradesh and grew up in a small town in the same state. He completed his schooling from Delhi Public School, Mathura Road, New Delhi. He then pursued a Bachelor’s degree in Computer Science and Engineering from the Delhi Technological University, Delhi. After completing his degree, he worked as a software engineer at Delhi-based companies Transworks Information Technologies in 1998.
Sharma founded One97 Communications in 2000, which eventually became the parent company of Paytm. He started the company with an initial investment of $2 million, which he raised from venture capital firms such as SAIF Partners and Intel Capital.
Since then, Paytm has become one of the most successful startups in India and has revolutionized the digital payments space in the country.
Exploring the Rise of Paytm and its CEO Vijay Shekhar Sharma
Paytm, founded by Vijay Shekhar Sharma in 2010, is an Indian e-commerce payment system and digital wallet company. It has become one of the most successful digital payment companies in India, with over 300 million users and a valuation of over $10 billion.
In 2010, Sharma launched Paytm as a mobile recharge and utility bill payment platform. Initially, Paytm was only available via SMS, but it soon expanded to include a mobile app and web platform. In 2014, Paytm launched its digital wallet, allowing users to store money and make payments online. This was a game-changer for the company, as it allowed users to make payments without a bank account.
Since then, Paytm has grown rapidly and become one of the most popular digital payment platforms in India. It has expanded its services to include online shopping, travel bookings, and more. It has also partnered with numerous banks, allowing users to easily transfer money between their bank accounts and Paytm wallet.
The Net worth of Vijay Shekhar Sharma
Vijay Shekhar Sharma has also invested in a number of other companies, including Zomato, Ola, and Hike. He has also invested in venture capital funds such as Kalaari Capital and Sequoia Capital. he also invested in startups like Josh Talks, Evenflow, Praan & 34 others.
As per report of forbes, As of 2023, Vijay Shekhar Sharma’s net worth stands at an impressive $1.1 billion, placing him among India’s wealthiest individuals.