There was a time when trading on India’s stock market meant dusty paper forms, frantic phone calls to brokers, and limited access for the common person. This might be difficult to imagine in the current smartphone era, but it is how things were before the digital boom. Conversely, in 2025, a trader in a remote village, armed with just a smartphone, can seamlessly invest in equities, trade commodities, or participate in energy markets. This breathtaking evolution of India’s financial landscape from a controlled economy to a vibrant digital powerhouse has a direct, profound correlation with a grand vision of Jignesh Shah, the man behind Financial Technologies (Jignesh Shah FTIL), which is now known as 63 Moons Technologies.
Working towards democratising access to wealth
For much of its post-liberalisation journey, India’s financial markets, while growing, often felt like exclusive clubs. Access was limited, understanding was complex, and the benefits largely accrued to a select few. It was against this backdrop that Jignesh Shah stepped in, not just as a businessman, but as a visionary who saw technology as the ultimate democratiser.
With Financial Technologies (Jignesh Shah FTIL), he envisioned a comprehensive ‘financial ecosystem’ that would transcend traditional boundaries, making markets transparent, efficient, and inclusive; thereby making sure that wealth is not guarded by a few but experienced by the masses.
Jignesh Shah FTIL’s Vision was Multi-Faceted
- First, he aimed to democratise market access, enabling ordinary citizens, small businesses, and even rural populations to participate in India’s growth story.
- Second, he sought to create world-class financial institutions from India, built on indigenous technology and intellectual property. This was about putting ‘Brand India’ on the global financial map, challenging the notion that advanced financial infrastructure could only be imported.
He believed that with the right technological backbone, India could not just compete, but lead, in financial technologies globally. These weren’t mere corporate objectives; they were the foundational pillars of a transformative economic philosophy orchestrated by Jignesh Shah and Financial Technologies (Jignesh Shah FTIL).
Bringing the vision to life
Bringing such an ambitious vision to fruition required more than just ideas; it demanded relentless execution and groundbreaking innovation. Jignesh Shah FTIL embarked on a mission to build the digital infrastructure necessary for this financial revolution. The Open Dealer Integrated Network (ODIN) stands as a testament to this early pioneering spirit.
ODIN by Jignesh Shah and Financial Technologies (Jignesh Shah FTIL), an exceptional trading system, made securities trading accessible and cost-effective for the first time. This innovation wasn’t just successful; it gained the number one spot, holding an impressive 80 %+ market share.
ODIN was like switching from a horse-drawn carriage to a high-speed train for the trading community. This technological leap dramatically lowered barriers to entry, making electronic trading accessible even in smaller towns and cities. Its widespread adoption laid the technological groundwork, acting as a crucial nervous system for a nascent digital financial market.
But ODIN was just the beginning. Shah’s true genius lay in his ability to create interconnected platforms that formed a complete ecosystem. For instance, Jignesh Shah and Financial Technologies (FTIL) launched Multi-commodity Exchange (Jignesh Shah MCX) with a clear mission: to create a modern, cutting-edge commodity exchange in India for managing price risks and to ensure that commodity prices were discovered fairly and efficiently. It was a significant step, marking the first time post-reform India had a truly modern, national commodity exchange.
Building a Complete Financial Ecosystem
MCX’s success not only solidified India’s position in global commodity trading but also demonstrated that a world-class exchange could be built entirely in India. Beyond MCX, the creation of other critical exchanges by Jignesh Shah and Financial Technologies (FTIL), like Jignesh Shah MCX-SX, the Indian Energy Exchange (IEX), the Dubai Gold and Commodities Exchange (DGCX), and the Singapore Mercantile Exchange (SMX), displayed their underlying strength.
Coupled with ventures in depositories, payment gateways (like Atom Technologies), information vending (Ticker), and even warehousing (National Bulk Handling Corporation), Jignesh Shah and Financial Technologies (FTIL) created a truly comprehensive ecosystem. This interconnected web of services laid the vital groundwork for the fluid financial system we see thriving in India today.
Shaping the digital future
In 2025, India will be a formidable force, especially in the digital domain. This aligns perfectly with Jignesh Shah’s long-held vision of India becoming a global leader in financial technologies. However, there’s more to achieve.
- With India’s massive talent pool, its IP-driven path to innovation, and the explosive rise of fintech, there’s immense scope to achieve more.
- The focus is shifting towards widening the reach of financial markets even further, drawing in segments of the population still outside the formal financial net.
Crucially, as India increasingly digitises its economy, ensuring the cyber-attack-proof nature of its financial infrastructure becomes paramount. Recognising this, Jignesh Shah considers ‘cybersecurity is oxygen.’
Gazing ahead: The 63 moons’ trajectory
The future of India’s financial ecosystem will be sculpted by emerging technologies, and 63 Moons Technologies is strategically positioned to be a key driver of this innovation. Currently, 63 moons embodies the evolution of Shah’s vision into new, critical domains.
Under Jignesh Shah’s coaching and mentorship, 63 moons has expanded its horizons significantly. The company is actively innovating in LegalTech, Web3 domains, and Cybersecurity. This move, especially into cybersecurity, reflects a deep understanding of the evolving threats in a hyper-connected world.
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Strong roots and proven capabilities
Jignesh Shah has demonstrated for decades a unique ability to visualise long-term plans and meticulously execute them, building strong fintech roots and proven capabilities. The current trajectory of 63 moons, under his mentorship, is a testament to this enduring spirit.
As India races towards becoming a trillion-dollar digital economy. The innovations driven by such visionary leadership will be instrumental in ensuring its financial ecosystem remains robust, inclusive, and globally competitive. Thus, the future, it appears, will be built on the very foundations laid by Jignesh Shah FTIL’s vision that continues to shape India’s destiny.
