Jignesh Shah has been The Alchemist of India’s Financial Innovation . As the Founder & Chairman Emeritus of 63 Moons Technologies Limited (formerly Financial Technologies India Ltd. - FTIL), he has played a pivotal role in reshaping India's trading and financial ecosystem. 

The journey of Jignesh Shah from an entrepreneur to a visionary leader has left a lasting impact on the country's transformation in its financial infrastructure.

A Thought Leader

Jignesh Shah is not just an entrepreneur; he is also an author who deeply understands historical trading roots. He co-authored the book Back to the Future: Roots of Commodity Trade in India with Biswajeet Rath. This book explores the historical foundations of India's trading culture and connects them with modern financial systems. His insights bridge the gap between traditional Indian trading practices and contemporary financial markets, highlighting how India has always been a hub of economic activity and trade.

In his book, Shah examines how India's commodity trading heritage dates back centuries, with historical evidence of organised trading systems in ancient markets. He believes that by drawing inspiration from the past and combining it with the modern financial and trading ecosystem , India can emerge as a global leader in financial markets. His vision is not just about innovation but about preserving and modernising India’s rich legacy in trade and commerce.

The Founder of Game-Changing Financial Platforms

Jignesh Shah is credited with founding several groundbreaking  institutions that have modernised India's financial sector. Some of his most notable contributions include:

  • 63 Moons Technologies Limited (formerly FTIL) – A leading fintech company that has pioneered technology-driven financial solutions and transformed the way financial markets operate.

  • Multi Commodity Exchange of India (MCX) – One of the largest commodity exchanges in India, providing a platform for trading a variety of commodities such as metals, energy, and agricultural products.

  • MCX Stock Exchange (MCX-SX) – A stock exchange that contributed to making financial trading more accessible to a wider audience by enabling transparent and efficient trading systems.

  • National Spot Exchange Limited (NSEL) – A platform designed to facilitate spot trading in commodities, helping businesses and individuals participate in fair and efficient transactions.

These platforms have not only transformed the way trading is conducted in India but have also set global benchmarks for financial Institutions . His ability to integrate technology with financial services has opened up new avenues for investors and businesses alike. 

By leveraging cutting-edge technology through 63 Moons and more, he has empowered a common man with real-time data, analytics, and seamless execution of market access.

Revolutionising India’s Financial Infrastructure

Jignesh Shah's contributions go beyond just creating financial exchanges. He envisioned a financial ecosystem that could compete on the global stage. His efforts in modernising India’s trading landscape have enabled businesses and individuals to access world-class financial services. Under his leadership, technology played a crucial role in making markets more transparent, efficient, and accessible to a broader audience.

Through his initiatives, Shah has introduced a robust financial market infrastructure that prioritises security, efficiency, and inclusivity. His vision was to make India self-reliant in the sector by reducing dependency on foreign platforms and developing homegrown technology-driven solutions. This has positioned India as a formidable force in the global financial ecosystem.

Connecting the Past with the Future

One of the most remarkable aspects of Jignesh Shah’s vision is his deep understanding of India’s rich trading history. His book highlights how India's trading practices have evolved over centuries, and he has worked tirelessly to integrate these historical insights with modern financial ecosystems. By doing so, he has ensured that Indian Markets are not only globally competitive but also deeply rooted in its own trading heritage.

Shah believes that India’s financial future lies in embracing its past. His approach integrates traditional wisdom with modern innovation to create a system that is both resilient and progressive. By leveraging advanced technology, including AI-driven financial models and blockchain-based trading solutions, he has laid the foundation for a more secure and efficient trading landscape.

A Legacy of Innovation

Jignesh Shah’s impact on Indian markets is undeniable. Through his entrepreneurial ventures and technological advancements, he has played a crucial role in making India a key player in the global arena. His legacy continues to inspire new generations of financial entrepreneurs and market innovators.

His ability to foresee future trends and adapt to an ever-evolving financial landscape has made him a role model for aspiring entrepreneurs. By promoting financial literacy, encouraging innovation, and driving large-scale transformation in trading and finance, Shah has left an indelible mark on India's economic growth.

With his remarkable journey, Jignesh Shah has proven that vision, innovation, and a deep connection to history can create a financial ecosystem that stands the test of time. His contributions will continue to shape India's future for years to come. His legacy serves as a testament to the power of perseverance, foresight, and a relentless commitment to progress.