Monday, June 20, 2022

    Paytm’s Vijay Shekhar Sharma’s story – At the age of 27, salary was only ₹ 10 thousand, now he earns crores of rupees

    New Delhi. At the age of 27, Vijay Shekhar Sharma used to earn Rs 10,000 per month. Seeing that salary, it was getting difficult till their marriage. “In 2004-05, my father told me to close my company. If anyone pays 30,000 rupees a month, get a job,” he said. In 2010, Sharma founded Paytm, whose IPO opened at 2.5 billion.

    Vijay Shekhar Sharma is an engineer. In 2004, he sold mobile content through his small company. He said when the girl’s people found out about their income, they denied it. “When the girls found out that I was earning ten thousand rupees a month, they would not talk anymore,” she said. I became my family’s unqualified bachelor. “

    $ 2.5 trillion companies
    Last week, 43-year-old Sharma’s company Paytm raised $ 2.5 billion, or about 3 1.34 trillion, through an initial public offering (IPO). Finance-tech company Paytm has now become one of the most famous companies in India and has also become an inspiration for new industrialists.

    Find out how difficult the journey was
    Vijay Shekhar Sharma was born in Aligarh district of Uttar Pradesh. Her father was a school teacher and her mother was a housewife. Vijay Shekhar received his early education from a Hindi medium school in Harduaganj, a small town in Aligarh. He later obtained his Bachelor of Engineering degree from Delhi College of Engineering. The name of Vijay Shekhar Sharma, who came from a small village in Aligarh, has come up in the list of millionaires of this force today.

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    Vijay Shekhar created a website called in 1997 while he was studying engineering and sold it for millions of rupees. Then in 2000 he established One98 Communications Limited. Where cricket match scores, jokes, ringtones and test results were reported. This one97 Communication Limited is the parent company of Paytm.
    Sharma, the son of a school teacher father and housewife mother, hails from a small town in Uttar Pradesh. In 2017, he became the youngest billionaire in India.

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    He said that for a long time his parents did not know what their son was doing. He said, “Once my mother read in a Hindi newspaper about my property and asked me if you really have that much money.” Forbes Magazine estimates that Vijay Shekhar Sharma’s net worth is estimated at 4 2.4 billion, or about 1.25 trillion Indian rupees.

    Notebandi opened the fate
    Paytm started a decade ago. Back then it was just a mobile recharge company. But when Uber made the company its payment partner in India, Paytm’s fortunes changed. But in 2016, when India suddenly banned large denomination notes and promoted digital payments, the dice for Paytm changed.

    Tags: Business News in Hindi, IPO, Paytm, Vijay Shekhar Sharma of Paytm, Success stories


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