Vijay shekhar sharma biography of michael

He came to know about the success stories of mega-brands like Apple , Intel , and HP and how they became one of the biggest names in the startup circuit. Each of the companies had one thing in common: all of them were built from basement garages! Then, Vijay wanted to go to Silicon Valley. But, due to a lack of money and resources, that was never possible.

Therefore, despite giving up, he taught me that even though Vijay couldn't visit Silicon Valley, he could create one in India! Hence, he started an internet company with his friend Hari during his college days in It was in their second year of college that Vijay started a company called XS Corps back in Both of them wanted to develop search engines, and they knew that the search engine would become the main attraction given the fact that the internet was taking giant strides in the technology circuit during that time.

After working on it strenuously for a period of 2 years, they managed to pull off a great deal and sold the website to US Lotus Interworks for a million dollars. It was in the same year, early in his career, that Vijay Shekhar Sharma developed electronic itineraries for Jet Airways. He also made another website for India's tourism department. In contrast to the other ventures in his professional career, where he was utterly serious, passionate, and dedicated, Sharma was really impatient when it came to studies.

He often used to walk out of the examinations. I wanted to achieve a lot in a short span," said Sharma. Sharma's company, XS Corps, was attempting to create a search engine in India. Though this idea could not be materialized then, due to the scarcity of funding, the company managed to create a content management tool , which helped several media agencies like Living Media and Express Group to host their content.

In the final year of college, Sharma aimed to go for River Run Software, which offered the highest-paid job on campus. Sharma still has the memories of the interview day really fresh in his mind. It was one such occasion where he was under immense pressure, which was similar to some more instances. For instance, when he sat in front of Jack Ma or when he sat face to face with the RBI governor, it was the same inexplicable pressure that Vijay experienced.

This gave him the opportunity to pay off his father's debt, and in doing that, he left the job there. However, his parent insisted he join a real job, but his sheer determination towards developing a new company never allowed him to stay in the traditional job for a long period! Throughout his life, Vijay wanted to be a bird who had freedom; he never wanted to be a horse who ran the same track over and over again!

Hence, to pursue his dream, he founded One97 Communications in with an aim to create an online directory for people to access through SMS. Sharma managed to work on the idea and managed to expand other value-added services like live astrology, cricket, songs, and more. However, soon after, he realized that recovering money from telecom operators in India wasn't as easy as it seemed.

In his first tenure, he learned that cash flow matters, not profitability! With the lack of a collection team and mounting outstanding amounts, the company was on the verge of collapse, and Sharma again had to hit the roads for a new job in Dataquest IT Man of the Year. Honorary Doctorate and State Honors. Sharma's contributions were recognized with an Honorary Doctorate from Amity University, Gurgaon, in , and he was honored with the Yash Bharati, the highest state civilian award of the Government of Uttar Pradesh, also in Impact Person and Economic Times Recognition.

Sharma received the Impact Person of the Year Award in and was recognized as India's Hottest Business Leader under 40 by The Economic Times in , further highlighting his significant contributions to business and entrepreneurship in India. His outstanding leadership was acknowledged with the CEO of the Year award by the SABRE Awards in September , a testament to his visionary approach and transformative impact on the corporate landscape.

Recognition and Achievements.

Vijay shekhar sharma biography of michael

Vijay Shekhar Sharma's contributions to technology and entrepreneurship have garnered widespread acclaim. His journey from a small-town upbringing to founding and leading a billion-dollar enterprise exemplifies the transformative power of determination, innovation, and a relentless pursuit of excellence. IPO and Challenges. Paytm's journey included a historic IPO on November 8, , which initially boosted the company's profile.

However, the shares faced volatility, plunging to a record low of Rs 1, per share amid market challenges. Regulatory Setbacks. Market Performance and Losses. Vijay Shekhar Sharma reportedly incurred daily losses of Rs 88 crore post-listing, reflecting the challenges faced by the company in the volatile market. Controversies and Challenges.

In , Paytm was embroiled in controversies, including reports of Vijay Shekhar Sharma's alleged arrest for a traffic incident involving a senior police officer's vehicle. The incident added to the company's tumultuous period amidst ongoing market pressures and regulatory scrutiny. The Life and Contributions of Mr. A Family Man and Role Model. Read Edit View history.

Tools Tools. Download as PDF Printable version. In other projects. Wikimedia Commons Wikidata item. Indian businessman born The neutrality of this article is disputed. Relevant discussion may be found on the talk page. Please do not remove this message until conditions to do so are met. May Learn how and when to remove this message. Aligarh , Uttar Pradesh , India.

Mridula Parashar. Early life and education [ edit ]. Career [ edit ]. His father was a schoolteacher. However, he has not revealed much about his family or sibling. Therefore it is unknown whether he is the only child or he has others. His fortune has enabled him to live a modest lifestyle.