This story is about a journey of an average Teenager who managed to climb the ladder of success by going through various hardships in life. Born & brought up in a small town of Aligarh, Uttar Pradesh; Vijay Shekhar Sharma has risen high to become the Founder of the $1.5 billion PayTM. Today he is regarded as one of India’s youngest Entrepreneurs.
Vijay was brought up in a middle-class family where his father was the only breadwinner of the family who was a Biology Teacher. Although his father was an ordinary school teacher himself, he used to oppose the idea of taking tuitions which would have earned his family better living. This is because he believed that true education cannot be the privilege of those who have money.
Vijay holds the ownership …show more content…
This seed investment was worth Rs 20,000.
After a year, the company was sold to ‘Living Media India’ (who is currently known as ‘India Today Group’) for around $500,000 after it had a Turnover of Rs 50 Lakhs.
Once Vijay Graduated from the college, he was forced to work for companies like RiverRun Software Group, Intersolutions India Pvt. Ltd, India Today Group Online and Startec Global Systems, India for almost two years so that he could pay back the debt of Rs 8 Lakhs with the principal amount at 24% interest which he borrowed in order to start a new business.
Vijay continued this until he realized that what he was doing wasn’t meant for him and that he has greater capabilities. After Vijay realized his true potential, he left his job to create something bigger. This is when his inner Entrepreneur came out.
In the year 2000, Vijay along with his friend and colleague Rajiv Shukla finally Started a company called ‘One97 Communications Ltd’ with a startup capital of Rs 2 Lakhs after he realized that the internet has unlimited possibilities whose potential isn’t fully
Vijay was brought up in a middle-class family where his father was the only breadwinner of the family who was a Biology Teacher. Although his father was an ordinary school teacher himself, he used to oppose the idea of taking tuitions which would have earned his family better living. This is because he believed that true education cannot be the privilege of those who have money.
Vijay holds the ownership …show more content…
This seed investment was worth Rs 20,000.
After a year, the company was sold to ‘Living Media India’ (who is currently known as ‘India Today Group’) for around $500,000 after it had a Turnover of Rs 50 Lakhs.
Once Vijay Graduated from the college, he was forced to work for companies like RiverRun Software Group, Intersolutions India Pvt. Ltd, India Today Group Online and Startec Global Systems, India for almost two years so that he could pay back the debt of Rs 8 Lakhs with the principal amount at 24% interest which he borrowed in order to start a new business.
Vijay continued this until he realized that what he was doing wasn’t meant for him and that he has greater capabilities. After Vijay realized his true potential, he left his job to create something bigger. This is when his inner Entrepreneur came out.
In the year 2000, Vijay along with his friend and colleague Rajiv Shukla finally Started a company called ‘One97 Communications Ltd’ with a startup capital of Rs 2 Lakhs after he realized that the internet has unlimited possibilities whose potential isn’t fully