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PAYTM FOUNDER

VIJAY SHEKHAR SHARMA a person with thousand smiles the founding father of paytm vijay shekar sharma passed his faculty once he was fourteen years recent and joined metropolis school of engineering vijay created xc corps xs corps designed contant management system that is employed by newspaper publishers together with in indian categorical in 2010 he based the paytm as a mobile recharge web site later it affected to wallets and payment entryway in 2013 it became India's largest mobile payment service platform with over a hundred and fifty million users and seventy five million golem primarily based app downloads in march i2015 Indian businessman rattan TATA created a private investment within the firm, within the same month the corporate received 575 million dollar investment from Alibaba cluster Alibaba cluster holds twenty fifth of one97 as an area of the static agreement,paytm has thirteen,000 workers as of two017 it's 3 million merchants everywhere Republic of India and quite 2 million transactions every day the surge within the usage of the study that is basically thanks to the ending of five hundred,1000  currency notes in Republic of India once thirty one Dec 2016 this increased  paytm transactions and therefore the the} profit increase considerably the full web price of paytm  is 5 billion bucks it also dilated its services to Canada from march 2017 this can be the story of vijay shekar sharma million dollar company.
Those folks preferring to try to to on-line recharge over progressing to a distributor, should have used paytm for a minimum of once. and that is why with quite a hundred million+ downloads, paytm has become the foremost downloaded payment app in Republic of India. In childhood studied in a very Hindi medium faculty,a boy from poor socio-economic class background, once UN agency had not even enough cash to shop for food,how he became successful  implementing a totally new plan in Indian market, this can be what i'm progressing to share with you during this video, the chief operating officer of paytm Vijay Sekhar Sharma's success story. thus let's start,This genius man of affairs was born eighth Gregorian calendar month, 1973 in Aligrah in Uttar Pradesh. Being noticed  for his genius intelligence,through a special permission he was admitted to metropolis Engineering school at the age of fifteen years recent. similar to most of the opposite Hindi medium students,vijay conjointly found it tough to know the lectures given by the school professors in English. within the category, whenever he had been asked any question by his professors, he could not answer it. His classmates conjointly accustomed mock of him for this reason. So, shortly he lost interest within the categories. Then he began to pay most of his time within the library, reading success stories written in English. once reading numerous success stories one issue he had understood clearly, that if he needs to try to to one thing huge in his life then he should be his own boss. So, he began to learn secret writing from his school categories. once few days, he and one in every of his friend along,developed an internet site named indiasite.net, that was primarily a research engine. once two years associate degree yankee company bought their web site. After that, for one year Vijay worked in many comes to lift enough fund to start out his own company. within the year 2000, he started his own company named one97. One97 accustomed give the power of individuals search. That is, if somebody needs to grasp UN agency is looking them, then he or she simply need to message the amount to One97 company, the corporate can reply thereto message providing the small print of the one that is that the owner of that signaling. however his savings fell short to run the corporate,so to grow his company he had to require loan from bank. To run his company, generally he had to use for a loan even with pure gold rate. The profit he was creating from his company,all of that went into paying the bank's interest, employee's regular payment and his house rent. Even at only once, once he had not enough cash to pay his house rent, he accustomed come home late at nighttime and went out early within the morning. so the owner do not get to visualize him. Day once day his money state of affairs was obtaining worse. Even generally he had dinner in his friend's house, as a result of he had not enough cash to shop for food. His economic condition became thus poor than the accustomed pay nights having dinner from a wayside low cost paratha stall close to Mulchand Hospital in metropolis. generally once he had not enough cash, the paytm chief operating officer Vijay Sekhar Sharma had 2 cup of tea as his dinner to pay the remainder of the night. To run his company, he had to start out workingas a advisor and as a trainer. At now he met man. Piyush Agarwal. Mr. Agarwal want facilitate from Vijay to develophis company's package. once Vijay did that, Agarwal's company's profitwas created double. obtaining affected by Vijay's work, Mr. Agarwaloffered Vijay the post of chief operating officer of his company. In response thereto, Vijay same to man. Agarwalthat he had his own company and at any price he wished to create it successful . So, he cannot settle for his provide. On the opposite hand thanks to money crisis,his members of the family were forcing him to shoutdown his company and to cool down with a gooddecent job. On one aspect money crisis and on the otherside pressure from his members of the family created Vijay utterly depressed. At the top as there was no resolution, Vijayaccepted man. Agarwal's provide however with a condition, that is, he can take care of man. Agarwal'scompany for the half his day and for the remainder of the day he can take care of his own company, and for this man. Agarwal need to pay him thirty thousand rupees per month regular payment. Piyush Agarwal accepted his proposal. Mr. Agarwal conjointly liked  Vijay's company's work. thanks to high rate, it had became ahuge quantity of cash to be paid to the bank by Vijay. once Vijay told man. Agarwal concerning this, Mr.Agarwal bought four-hundredth of Vijay's company's share with eight large integer rupees. He noticed  that the employment of smartphone is obtaining increased  day by day among the individuals, thus he wished to try to to one thing thereupon good phone so individuals will simply do money dealing victimisation their smartphone. consistent with the set up, 8th July, 2010 on Vijay's37th birthday paytm.com was launched, and among few days One97 company, in public launched the mobile app "Paytm" whose full kind is "Pay Through Mobile". though initially it absolutely was started with thefacilities of on-line mobile and DTH recharge, among few days once they else additional feature like paying electricity bill, gas bill, ticket individuals began to adore it. And within three years paytm got twenty five million billfold users. once few years, by providing the service slike amazon and flipkart Paytm entered into the planet of e commerce. And recently they need conjointly started their own payment bank. Vijay Sekhar Sharma may be a terribly easy and downto earth person, his mode and his company's rules ar proof of that. though nowadays Paytm have created a turnoverof 814 large integer rupees, Vijay Sekhar Sharma the workplacer|CEO|chief operating officer|corporate executive|business executive} of paytm had no special space in his office,he accustomed work together with his workers sitting within the same house. And nowadays Paytm has become such a lot successful  that ranging from alittle road aspect search to giant looking malls, everyplace Paytm is accepted. currently vijay is thus pleased with his life that hesays, "I do not ought to sleep, i'm living a dream". eventually a touch request to you. If you discover this video sacred, then please share it along with your friends. Specially with those that dream to possess theirown successful  company.

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  1. Thank you md for posting articles like these.Keeping posting articles

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