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Vijay Shekhar Sharma
Chairman & MD, One97 Communications LtdBirth DetailsJuly 8, 1978 | Aligarh, India
NationalityIndian
LeagueEntrepreneur
EducationB.E., Delhi College of Engineering
Net Worth$2.4 billion (as of August 10, 2020)
Vijay Shekhar Sharma's Assets
Vijay Shekhar Sharma's Journey so far...
Before you go...
- One97 Communications Ltd
Vijay Shekhar Sharma's Journey so far...
- Owing to his proficiency in academics, Vijay Shekhar Sharma completed high school at the age of 14. And the following year, in 1994, secured admission in engineering college
- But things changed when he went to college. English proved to be a hurdle, and he ended up spending most of his time in the computer room. He created his first company -- XS Communications -- when he was still in college. The company developed content management systems
- By 19, he was done with college and started working in a few companies
- He then decided to start his own company, and in the year 2000, One97 Communications Ltd. was born
- He made his big move into the world of digital payments with the launch of the mobile wallet service Paytm in 2011. While being created, he had put $2 million of his own money into the venture
- PM Modi’s demonetisation drive of 2016, which rendered almost 80% of the country’s physical currency worthless overnight, proved to be a boon for Sharma. The severe cash crunch led people to adopt digital methods of making and receiving payments, and Paytm was at the forefront
- In 2017, Sharma launched the e-commerce branch of his company -- Paytm Mall
- In 2018, Forbes named Vijay, then aged 39 and worth $1.7 billion, India’s youngest billionaire
- Furthering its list of notable investors, renowned billionaire Warren Buffet made a $300 million investment in Sharma’s business in 2018
- To offer financial services to the sectors that are unserved or underserved by the current banking system, he launched a digital bank called Paytm Payments Bank in 2019
- One97 is now valued at around $16 billion after the latest round of funding and today, Paytm is a household name which has made payments and banking easier for millions of users
Before you go...
- Paytm is actually short for ‘pay through mobile’
- He had to work multiple jobs, which included some petty ones, to repay the loan and to make ends meet at the time
- Sharma’s an English music buff, and Bono, Chris Martin and Jim Morrison are some of his favourite artists
- In earlier interviews, he has acknowledged the role that rock music has played in improving his English
Last Updated: 12/02/2021
Vijay Shekhar Sharma News
No guarantee: Jaiprakash Associates recovery may be hard for creditorsBankers said guarantees by chairman Gaur and vice chairman Sunil Kumar Sharma totalling close to Rs 800 crore are of little consequence after nearly seven years since the company was first referred to bankruptcy by the Reserve Bank of India (RBI) in 2017 among the 26 large defaulters of bank loans during that period.
CBI issues new warrant against Vijay Mallya in loan default caseFinding merit in the CBI's case and relying on the evidence submitted by the agency, the court held that it was prima facie evident that there were "false rosy projections about the profitability equity infusion", by KAL. The loans, however, were diverted for the purposes other than those avowed thereby causing a wrongful loss of Rs 141.91 crore on account of default on loans and an additional wrongful loss of Rs 38.30 crore on account of conversion of loans to CCPS /CRPS shares.
'Thank you so much for your very kind words': Virat Kohli expresses his gratitude to PM ModiVirat Kohli expresses gratitude to PM Modi for the T20 World Cup win, highlighting the joy brought to the nation and his farewell to the T20 format after fulfilling the dream of winning the Cup.
- Rohit Sharma-led Team India stuck in Barbados after T20 WC win due to Hurricane warningBarbados: After winning the T20 World Cup 2024, Rohit Sharma-led Team India has been stranded in Barbados, West Indies due to a hurricane warning. Due to hurricane, airport has been shut down until further order and curfew imposed in the city. All stores and offices have been shut down till situation improves. Along with Team India, Media is also stuck in the hurricane hit Barbados. Rohit Sharma-led Team India stuck in Barbados after T20 WC win due to Hurricane warning
Lok Sabha congratulates Indian cricket team on T20 World Cup winIndia's cricket team celebrated a historic win at the T20 World Cup 2024, defeating South Africa by seven runs. Prime Minister Narendra Modi and Speaker Om Birla congratulated the team, highlighting the inspiration they provide to the nation's youth. Modi praised key players like Rohit Sharma and Virat Kohli, who announced their retirement from T20 internationals. Nationalist Congress Party Chief Sharad Pawar also commended the team's dedication. This victory marks India's first ICC title since the Champions Trophy in 2013.
The stage for India's T20 triumph was not set in one day: Rohit & Co made the blueprint post 2023 World Cup setbackThe Indian cricket team celebrated a triumphant comeback at Kensington Oval in Barbados as the sun set on a memorable evening. They gathered on the pitch, savoring their victory after clinching the World Test Championship mace and securing the ODI World Cup.
Rohit Sharma, Virat Kohli Retire: Six players who can fill the voidRohit Sharma and Virat Kohli retired from T20Is after India's T20 World Cup victory, leaving a significant gap in the team’s top order. Potential replacements include Shubman Gill, Yashasvi Jaiswal, Abhishek Sharma, KL Rahul, Ruturaj Gaikwad, and Ishan Kishan, each bringing unique strengths to the team ahead of the next T20 World Cup.
- India wins T20 World Cup 2024: Lok Sabha Speaker Om Birla, the House congratulates Rohit Sharma, Team IndiaLok Sabha Speaker Om Birla and the House congratulated Cricket Skipper Rohit Sharma and the entire Team India on winning T20 World Cup 2024. Led by Rohit Sharma, India delivered a triumphant performance on June 29, securing a memorable victory in the T20 World Cup. India wins T20 World Cup 2024: Lok Sabha Speaker Om Birla, the House congratulates Rohit Sharma, Team India
BCCI awards Rs 125 crore to Team India: Here's how much each player will getT20 World Cup Final: The Indian cricket team secured their second T20 World Cup title with a thrilling win over South Africa. The BCCI announced a cash prize of INR 125 crores for the team, in addition to the INR 20.41 crores prize money. Key contributions from Virat Kohli, Arshdeep Singh, and Jasprit Bumrah were instrumental in the victory. Fans eagerly await details of the team's return and celebrations. This victory ends India's 11-year ICC trophy drought.
ICC T20 World Cup Team of the Tournament: Six Indians feature in the list, Finals MOTM Kohli misses outThe ICC's 'Team of the Tournament' for the T20 World Cup features six Indians, including Rohit Sharma and Jasprit Bumrah, but omits Virat Kohli despite his match-winning performance in the final against South Africa. India won their second title with a thrilling seven-run victory, while Afghanistan had three players in the XI.
Rohit Sharma and co stuck in Barbados as Hurricane Beryl disrupts travel plans for team IndiaThe Indian cricket team's return home has been delayed by Hurricane Beryl. Led by Rohit Sharma, the team recently won the T20 World Cup. The hurricane, classified as a Category 4 storm, has prompted the Bridgetown airport to plan for an evening shutdown. Consequently, the team's travel plans have been disrupted, and arrangements for a charter flight are underway.
Indian cricket team's new head coach to take charge from Sri Lanka series: BCCI secy Jay ShahThe Indian cricket team will have a new head coach for the upcoming limited-overs series in Sri Lanka starting later this month, according to BCCI secretary Jay Shah. While Shah did not reveal the successor to the outgoing Rahul Dravid, former opener Gautam Gambhir is expected to take on the role. The Cricket Advisory Committee has conducted interviews for the job and has shortlisted Gambhir and former India women's coach W V Raman.
India vs South Africa T20 World Cup Final: India held their line & breathComing from a point of almost no return, how India pulled this WC rabbit out of the hat is stuff of legends .
Third eye: Smoking out the plot, difficult to fathom, and bamboo businessHe began by saying that in his childhood he wanted to be like Dhirubhai Ambani but was "very mischievous" and used to "steal money to smoke beedis till he collapsed" and all that was when he was in the "fourth standard". Shivtare's speech has raised a lot of eyebrows and it joins a long list of gaffes by Shiv Sena leaders.
Jasprit Bumrah: The boom that won India the World CupJasprit Bumrah's exceptional performance was instrumental in India's ICC T20 World Cup victory, showcasing his dominance with 15 wickets and an economy rate of 4.17. His crucial role, supported by key players like Kuldeep Yadav and Suryakumar Yadav, highlighted the team's collective effort and strategic selections.
Team India, admired for its superpowerIndia's T20 World Cup victory under Rohit Sharma's leadership has not only established the nation as a cricketing superpower but has also garnered admiration globally, showcasing the universal appeal of excellence in cricket.
This is how you bid farewell: Pakistan greats hail Virat Kohli, Rohit Sharma and Rahul DravidRohit Sharma and Virat Kohli's retirement post the T20 World Cup win garnered praise from Pakistan cricket legends for their leadership and performance, leaving a legacy for aspiring players. They also praised Rahul Dravid for his role in supporting the players.
Retirement benefit: Timely departure of big guns gives space to groom players for 2026 WCFinding replacements for these three match-winners in the playing eleven is bound to take time. But the transition phase will start as early as next week when a second-string Indian team faces Zimbabwe in five T20Is from July 6. Hardik Pandya, who has been rested from the series, is expected to succeed Rohit as the T20I skipper and will be tracking the progress of the fringe players during his well-deserved break.
- Gautam Gambhir's first reaction on India's T20 World Cup triumph and Rohit & Kohli's retirementFormer cricketer Gautam Gambhir visited Lord Balaji temple in Andhra Pradesh’s Tirupati. He paid his visit a day after Indian Cricket Team won ICC Men’s T20 World Cup 2024 defeating South Africa in the final by 7 runs. He said that the team made entire country happy. On retirement of Virat Kohli and Rohit Sharma, he said what is the better way to say good bye than winning a world cup.Gautam Gambhir's first reaction on India's T20 World Cup triumph and Rohit & Kohli's retirement
This team has faced and silenced critics: BCCI secretary Jay Shah hails India''s title winIndia's T20 World Cup win in Bridgetown, Barbados, led by Rohit Sharma and Virat Kohli, showcased resilience and dedication. The team, including Jasprit Bumrah, silenced critics with an unbeaten victory, fulfilling the dreams of 1.4 billion Indians and joining the ranks of the greats.
Xpheno announces July 1 as a holiday in honour of India's victory in the T20 Cricket World CupXpheno celebrated India's T20 World Cup victory by declaring July 1st a holiday. The team's exceptional performance, supported by leaders like Rahul Gandhi, made the win even more special. The festivities and retirements of key players marked a historic moment for the company.
PM Modi praises Ravindra Jadeja, thanks him for 'enthralling T20 performancesRavindra Jadeja retired from T20 Internationals after a successful career, with achievements in IPL and international cricket. Prime Minister Narendra Modi praised his performances and wished him luck for the future.
- Ravindra Jadeja joins Virat Kohli and Rohit Sharma in T20I retirementIndia all-rounder Ravindra Jadeja on Sunday announced his retirement from T20 internationals.
Ravindra Jadeja joins Rohit Sharma and Virat Kohli in announcing retirement from T20 internationalsRavindra Jadeja retirement: India's T20 World Cup-winning all-rounder Ravindra Jadeja has retired from the T20 format, joining Rohit Sharma and Virat Kohli in stepping away from this version of the game. Jadeja expressed his gratitude in an Instagram post, reflecting on his career and dedication to representing his country.
'End of an era': Mohammed Shami congratulates Rohit Sharma, Virat Kohli for ending T20I careers on highRohit's leadership skills in the tournament, fine rotation of bowlers and Virat's ability to overcome a lean patch and deliver when it mattered the most helped Men in Blue in in ending their 11-year-long ICC trophy drought. Both also announced their retirement from the short format after winning the trophy.
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