Table of Contents
Vijay Shekhar Sharma Startup Story: When Prime Minister Narendra Modi announced demonetization on 8 November 2016 long queues were seen outside banks and ATMs across the country. At this time people understood the importance of digital payment and they adopted the path of digital payment to avoid long queues. One name prominently emerged in this change Paytm. Today we will tell you about the inspirational journey of Vijay Shekhar Sharma.
From Hindi Medium to Engineering College
Vijay Shekhar Sharma did his early education from Hindi Medium School and was a very smart student. He passed the 12th examination at the age of 14 and was everyones favorite in school. After this he took admission in an engineering college in Delhi where he encountered English. This change gave a new direction to his life.
Birth of Business Idea
During engineering Vijay Shekhar Sharma started spending time in the library and computer center instead of his studies. Here he got the opportunity to read and learn about the Internet. One day he read an article on Silicon Valley and felt that something like this should happen in India too. After this he created a search engine and content management system which he later sold to an American businessman.
Meeting with the investor and the start of Paytm
Vijays hard work paid off when he met a famous angel investor. This investor assigned a big project to Vijay and later offered him to become the CEO of the company. However Vijay turned it down and started his own company One97 Communications. Then in 2010 in the era of smartphones and internet Vijay started Paytm.
From tough days to success
Vijay Shekhar Sharma had told in an interview that he faced such days when he had to borrow money from his friends. In this difficult time he used to walk up to 14 kilometers to reduce expenses. Today he has come out of that difficult phase and is the owner of a successful startup like Paytm.
