Vijay Shekhar Sharma

$1.13 B

Ranked #3185 in World

About Vijay Shekhar Sharma

Vijay Shekhar Sharma, a renowned Indian technology entrepreneur and billionaire, holds the titles of founder, chairman, and managing director at One97 Communications since 1997, and its well-known consumer brand, Paytm, established in 2010. As of September 2022, Forbes estimated his net worth at US$1.1 billion. Sharma, hailing from Aligarh, Uttar Pradesh, became an envoy for the ICANN-supported Universal Acceptance Steering Group in India by January 2022. His journey commenced with creating indiasite.net during college, eventually making a landmark with Paytm's IPO in November 2021, raising $2.5 billion. Sharma, honored with prestigious awards like the Best Serial Entrepreneur and listed among Time Magazine's 100 most influential people, impacts various sectors including technology and finance. Despite facing regulatory challenges leading to his step down from Paytm Payments Bank's board in 2024, Sharma's multifaceted career includes environmental advocacy as the UN Environment's 'Patron for Clean Air'.

Born

June 07, 1978 in Aligarh, Uttar Pradesh, India

Age

47 years

Source Of Wealth

Financial Technology

Industries

Service

Citizenship

India

Residence

Delhi

Education

Bachelor of Science in Engineering, Delhi University

Spouse

Mridula Parashar (Married: 2005)

Children

Vijay Shekhar Sharma was born on June 7, 1978, in Aligarh, Uttar Pradesh, India. He was the third of four children born to Sulom Prakash, a school teacher, and Asha Sharma, a homemaker. Sharma displayed a passion for technology from a young age and excelled in his studies. He graduated with a B.Tech degree from Delhi College of Engineering (now Delhi Technological University) at the remarkable age of 19.

Vijay Shekhar Sharma: Family

Vijay Shekhar Sharma is married to Mridula Parashar Sharma, and they have a child together. His father, Sulom Prakash, was a school teacher, while his mother, Asha Sharma, was a homemaker. Sharma's family has been a source of support and inspiration throughout his life.

Vijay Shekhar Sharma: Career Highlights

Sharma's entrepreneurial journey began in 1997 when he founded indiasite.net while still in college. He successfully sold the website for US$1 million two years later. In 2000, he established One97 Communications, a company that offered mobile content such as news, cricket scores, ringtones, jokes, and exam results. In 2010, Sharma launched Paytm, a digital payments and financial services company under One97 Communications. Paytm's success propelled Sharma to prominence in the fintech industry.

Vijay Shekhar Sharma: Companies

Vijay Shekhar Sharma is the founder, chairman, and managing director of One97 Communications, the parent company of Paytm. Paytm is a leading digital payments and financial services company in India, offering a wide range of services such as mobile payments, e-commerce, banking, and wealth management.

Vijay Shekhar Sharma: Major Achievements

Sharma's major achievements include the founding and growth of Paytm, which became India's largest digital payments company. Under his leadership, Paytm went public in November 2021, raising $2.5 billion at a valuation of $19 billion, making it India's largest initial public offering at the time. Sharma is also an angel investor, supporting tech startups and contributing to the growth of the Indian startup ecosystem.

Vijay Shekhar Sharma: Awards & Achievements

Sharma has received numerous awards and accolades for his contributions to the technology and business sectors.

Some of his notable awards include the Best Serial Entrepreneur Award at the Rural and Urban Development Summit and Awards 2022, Entrepreneur of the Year by AIMA in 2018, and being named one of Time Magazine's 100 most influential people in 2017. He has also been recognized by The Economic Times, GQ, and Dataquest for his achievements.

Vijay Shekhar Sharma: Personal Life & Legacy

Sharma is known for his passion for technology and his commitment to driving positive change in society. He is inspired by Alibaba's founder Jack Ma and Masayoshi Son of Softbank. Despite his success, Sharma remains grounded and maintains a strong connection to his family and personal values. He is actively involved in philanthropic activities and has made significant contributions to various social causes.

Vijay Shekhar Sharma: Trivia

In February 2022, Sharma was arrested by Delhi police for hitting his car into a police officer's car. He was later released on bail. Additionally, Sharma was appointed as the UN Environment's 'Patron for Clean Air,' driving environmental action and awareness for the Breathe Life campaign.

Wealth History

Timeline

June 7, 1978

Vijay Shekhar Sharma was born in Aligarh, Uttar Pradesh, India.

1997

Started indiasite.net while in college, sold it for US$1 million two years later.

2000

Founded One97 Communications, offering mobile content like news, cricket scores, ringtones, jokes, and exam results.

2010

Launched Paytm, a digital payments and financial services company, under One97 Communications.

2015

Named India's Hottest Business Leader under 40 by The Economic Times.

September 2015

Won the CEO of the Year award by SABRE Award.

2016

Received the Honorary doctorate from Amity University, Gurgaon.

2016

Conferred with Yash Bharati, the highest state civilian award of the Government of Uttar Pradesh.

2016

Named Businessman of the Year at GQ Men of the Year Awards.

2016

Recognized as NDTV Indian of the Year.

2016

Received the Impact Person of the Year Award.

2017

Ranked by GQ in their listing of the 50 most influential young Indians.

2017

Named Dataquest IT Man of the year.

2017

Featured in Time Magazine's 100 most influential people.

2018

Recognized as Entrepreneur of the Year by AIMA.

November 2021

Paytm went public, raising $2.5 billion at a valuation of $19 billion (India's largest initial public offering at that time).

January 2022

Appointed as UA Ambassador in India by the ICANN-supported Universal Acceptance Steering Group.

February 2022

Arrested by Delhi police for hitting his car into a police officer's car, later released on bail.

2022

Received the Best Serial Entrepreneur Award at the Rural and Urban Development Summit and Awards.

2024

Stepped down from his role as part-time non-executive chairman and board member of Paytm Payments Bank due to regulatory challenges.

Vijay Shekhar Sharma : FAQs

What is Vijay Shekhar Sharma's current net worth?

Vijay Shekhar Sharma's current net worth is $1.13 billion.

What is Vijay Shekhar Sharma's current global rank among billionaires?

Vijay Shekhar Sharma holds the 3185th position globally among billionaires.

What is Vijay Shekhar Sharma's current ranking within the India?

Vijay Shekhar Sharma holds the 211th position in India.

What was the change in Vijay Shekhar Sharma's net worth compared to the previous year?

Vijay Shekhar Sharma's net worth decreased by 249.17 million dollars compared to the previous year 2025, when his net worth was 1.38 billion dollars.

What is the recent change in Vijay Shekhar Sharma's net worth?

Vijay Shekhar Sharma's net worth decreased by 25.49 million dollars recently, a 2.26% decrease, with his net worth standing at 1.13 billion dollars.

What are Vijay Shekhar Sharma's main sources of wealth?

Vijay Shekhar Sharma's main source of income comes from Financial Technology.

In which industry does Vijay Shekhar Sharma primarily operate?

Vijay Shekhar Sharma is primarily involved in the Service industry.

What is Vijay Shekhar Sharma educational background?

Vijay Shekhar Sharma holds a Bachelor of Science in Engineering from Delhi University.

How old is Vijay Shekhar Sharma?

Vijay Shekhar Sharma is 47 years old.

How many children does Vijay Shekhar Sharma have?

Vijay Shekhar Sharma has 1 children.

Who is Vijay Shekhar Sharma and what is he known for?

Vijay Shekhar Sharma is an Indian technology entrepreneur and multimillionaire business magnate, known as the founder, chairman, and managing director of One97 Communications and its consumer brand Paytm.

What significant milestones has Vijay Shekhar Sharma achieved in his educational and early career?

Sharma graduated with a B.Tech degree from Delhi College of Engineering at 19 and started indiasite.net in 1997, which he sold for US$1 million two years later. He founded One97 Communications in 2000.

What are some of the awards and recognitions received by Vijay Shekhar Sharma?

Among numerous accolades, Sharma has been awarded the Best Serial Entrepreneur Award in 2022, listed as the Youngest Indian Billionaire by Forbes, and named among Time Magazine's 100 most influential people in 2017.

How has Vijay Shekhar Sharma contributed to technology startups and the community?

Sharma is an angel investor supporting tech startups and has served on the board of management at Netaji Subhas University of Technology. He's also been appointed as UA Ambassador in India by the ICANN-supported Universal Acceptance Steering Group.

What recent developments have occurred in Vijay Shekhar Sharma's professional life?

Recently, Vijay Shekhar Sharma stepped down from his role as part-time non-executive chairman and board member of Paytm Payments Bank in 2024 due to regulatory challenges and Paytm went public in November 2021, raising $2.5 billion.