Vijay Shekhar Sharma

Vijay Shekhar Sharma, the Indian technology entrepreneur and multimillionaire business magnate, was born on 7 June 1978 in Aligarh, Uttar Pradesh. He grew up as the third of four children in a modest household, with his father Sulom Prakash working as a school teacher and his mother Asha Sharma taking care of the household.

CEO’s | Actors | Politicians | Sports Stars

Vijay Shekhar Sharma

Vijay Shekhar Sharma, the Indian technology entrepreneur and multimillionaire business magnate, was born on 7 June 1978 in Aligarh, Uttar Pradesh. He grew up as the third of four children in a modest household, with his father Sulom Prakash working as a school teacher and his mother Asha Sharma taking care of the household.

CEO | Actors | Politicians | Sports Star

Early Life

Vijay Shekhar Sharma, the Indian technology entrepreneur and multimillionaire business magnate, was born on 7 June 1978 in Aligarh, Uttar Pradesh. He grew up as the third of four children in a modest household, with his father Sulom Prakash working as a school teacher and his mother Asha Sharma taking care of the household.

Sharma’s journey started in the small town of Harduaganj, near Aligarh, where he completed his schooling. Even at a young age, he displayed exceptional talent and intellect. At the age of 15, he embarked on his college education, joining the Delhi College of Engineering (now Delhi Technological University). His remarkable dedication and determination led him to graduate with a B.Tech degree in engineering at the age of just 19.

Personal Life

Beyond his professional endeavors, Vijay Shekhar Sharma leads a fulfilling personal life. He is married to Mridula Parashar Sharma, and together they have a child. Family holds great importance to Sharma, and his upbringing as the child of a school teacher has undoubtedly shaped his values and perspective.

In terms of personal interests and hobbies, Sharma draws inspiration from notable figures in the business world. He cites Alibaba’s founder Jack Ma and Masayoshi Son of Softbank as his inspirations, demonstrating his admiration for successful entrepreneurs and their ability to create lasting impact.

However, it is essential to note that Sharma faced a legal incident in February 2022. He was arrested by Delhi police for colliding his car into a police officer’s vehicle. Subsequently, he was released on bail.

Professional Life

Vijay Shekhar Sharma’s professional journey is a testament to his entrepreneurial spirit and vision. In 1997, while still in college, he founded the website indiasite.net, which he later sold for an impressive sum of US$1 million just two years later.

In 2000, Sharma established One97 Communications, a company specializing in mobile content services such as news, cricket scores, ringtones, jokes, and exam results. This venture paved the way for his most prominent success, as he went on to launch Paytm, a digital payments and financial services brand, in 2010. Paytm quickly gained popularity and became a leading player in India’s digital payment landscape.

Sharma’s entrepreneurial acumen continued to flourish, and in November 2021, Paytm went public, raising a staggering $2.5 billion at a valuation of $19 billion. This historic initial public offering solidified Sharma’s position as a key figure in India’s business world.

Furthermore, Sharma’s passion for fostering innovation extends beyond his own ventures. He actively supports and invests in technology startups, assuming the role of an angel investor, which further highlights his commitment to nurturing the next generation of entrepreneurs.

Awards and Recognitions

Throughout his career, Vijay Shekhar Sharma has garnered numerous accolades and recognition for his exceptional contributions to the business landscape. These notable achievements include:

Ranked as the Youngest Indian Billionaire by Forbes magazine.
Entrepreneur of the Year, awarded by AIMA in 2018.
Inclusion in Time Magazine’s 100 most influential people in 2017.
ET Entrepreneur of the Year, presented by The Economic Times in 2016.
Recognition by GQ as one of the 50 most influential young Indians in 2017.
Honorary doctorate from Amity University, Gurgaon, in 2016.
Yash Bharati, the highest state civilian award of the Government of Uttar Pradesh, bestowed upon him in 2016.
NDTV Indian of the Year in 2016.
India’s Hottest Business Leader under 40, recognized by The Economic Times in 2015.
CEO of the Year, as named by SABRE Award in September 2015.

Age

As of the current year, 2023, Vijay Shekhar Sharma is 45 years old.

Salary

While specific details about Sharma’s salary are not readily available, his significant achievements and business ventures have undoubtedly contributed to his substantial net worth, as mentioned in the subsequent section.

Parents’ Name and Family

Vijay Shekhar Sharma’s father is named Sulom Prakash, and his mother is Asha Sharma. His father’s occupation as a school teacher reflects the value of education and its influence on Sharma’s upbringing.

By consistently pushing boundaries and revolutionizing the landscape of digital transactions, Vijay Shekhar Sharma has not only amassed great wealth but also left an indelible mark on India’s business ecosystem. His inspiring journey serves as an example for aspiring entrepreneurs and underscores the transformative power of technology in shaping the future.

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