Jignesh Shah honored with the “US-India Businessman Award”
Jignesh Shah, CEO of fintech powerhouses, Financial Technologies Group and Multi Commodity Exchange, was conferred with the US-India Businessman Award. The award acknowledged his dedicated efforts and outstanding contribution as an entrepreneur to integrate rural India with global markets. Shah was felicitated by Congressman Joseph Crowley, a member of the house committee on financial services. The event was organized by U.S. Indian Political Action Committee (USINPAC) and US-India Business Alliance (USIBA) and graced by the presence of a number of business and political dignitaries and eminent personalities.
Shah was accredited for his noble vision to bridge the economic gap by building globally competitive and efficient financial market infrastructure that will integrate India’s heartland in to global markets. He is the man behind the conceptualization of Financial Technologies. The company was incepted in the year 1995 as a software company with a valuation of US$10,000. Under the leadership of Shah, the company has achieved commendable success and grown over US$2 billion in market capitalization. It established benchmarks of excellence and emerged as one of the Top 10 leaders in financial technology infrastructure and commodity exchanges. The FTIL Group has launched fast growing companies operating in the commodities and exchange sectors.
Shah expressed his gratitude accepting the award saying that it is an honor to be globally recognized for the pioneering efforts of FTIL in integrating India with the global market. Speaking on behalf of the organization, he said that he is delighted at being a catalyst in promoting business ties between the two countries.