Vijay Shekhar Sharma
Vijay Shekhar Sharma is an Indian technology entrepreneur known as the founder and chief executive officer of One97 Communications and its consumer brand Paytm.
In January 2022, the ICANN-supported Universal Acceptance Steering Group appointed him as its Universal Acceptance Ambassador in India. As of September 2022, he had a net worth of US$1.1 billion according to Forbes.
Early life and education
Vijay Shekhar Sharma was born in Aligarh, Uttar Pradesh on 7 June 1978, the third of the four children of Sulom Prakash Sharma, a schoolteacher, and Asha Sharma, a homemaker. He did his schooling from Harduaganj, a small town near Aligarh. He enrolled in college at the age of 15 and graduated with a B.Tech degree from the Delhi College of Engineering at 19 years oldCareer
In 1997, while in college, he started the website indiasite.net, and sold it two years later for US$1 million. Three years later, in 2000, he started One97 Communications which offered mobile content including news, cricket scores, ringtones, jokes and exam results. One97 Communications Limited is the parent company of Paytm, a digital payments and financial services company that was launched by Sharma in 2010. In November 2021, Paytm went public raising $2.5 billion at a valuation of $19 billion, making it India's largest initial public offering at that time.Sharma is also an angel investor who has supported tech startups.
Sharma joined the board of management at Netaji Subhas University of Technology in Delhi for three years.
In 2024, Sharma stepped down from his role as part-time non-executive chairman and board member of Paytm Payments Bank. This decision followed regulatory challenges encountered by the bank with the Reserve Bank of India.
Awards and recognition
- Won the Best Serial Entrepreneur Award at the Rural and Urban Development Summit and Awards 2022 presented by the Minister of State for the Ministry of Housing and Urban Affairs, Government of India.
- Ranked the Youngest Indian Billionaire by Forbes magazine
- In 2018, he was named the Entrepreneur of the Year by AIMA
- Time Magazine's 100 most influential people in 2017.
- ET Entrepreneur of the Year, by The Economic Times in 2016
- Ranked by GQ in their listing of the 50 most influential young Indians of 2017.
- In 2017, he became the Dataquest IT Man of the year.
- Received an Honorary doctorate from Amity University, Gurgaon, in 2016
- Honored with the Yash Bharati, the highest state civilian award of the Government of Uttar Pradesh in 2016.
- Named as the Businessman of the Year at GQ Men of the Year Awards 2016.
- He was conferred with the NDTV Indian of the Year in 2016.
- Awarded the Impact Person of the Year Award in 2016.
- Named India's Hottest Business Leader under 40 by The Economic Times in 2015.
- In September 2015, he was named CEO of the Year by SABRE Award.