From Food Struggler to Fat Cat, Paytm Founder becomes Richest Entrepreneur

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Vijay Shekhar Sharma, founder of Paytm became the Richest Entrepreneur under 40. According to Hurun’s Magazine, Sharma was ranked 103 in the list of Richest Indians for the year 2016 with net worth of Rs. 7300 Crores ($ 1, 095 Billion.) This change mainly happened when the Chinese E-commerce giant Alibaba made a huge investment in the company last year.

 

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Sharma was Born in Aligarh, Uttar Pradesh. He graduated from Delhi College of Engineering. Where he launched Paytm in 2010. Paytm offers services like mobile recharging, online bill payment, movie tickets booking, bus and flight ticket booking and other e-commerce services.

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In 2015, Paytm received an investment from Ratan Tata and Chinese e-commerce company Alibaba.
In Harun’s ranking, Nilima Motaparti of Divis Laboratories holds second position whose wealth is estimated to be Rs. 7, 100 Crores. Her brother Divi Satchandra Kiran holds the third position with net worth of Rs. 6, 000 Crores.
Founders of Flipkart, Sachin Bansal and Binny Bansal follow Divi Satchandra Kiran with net worth of Rs. 5, 400 crores each.

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