These lines changed the life of Paytm's Vijay Shekhar Sharma

NEW DELHI: For a billionaire whose company's valuation is now around $5 billion, Vijay Shekhar Sharma, founder and CEO of One97 Communications, parent company of Paytm, four lines on poverty changed his life forever.

Talking at the India Today Conclave on Friday, Sharma said, "Poverty in India is an asset, which sometimes our countrymen love to play with."

He learnt while studying in class X, in a small town in Aligarh, UP, that you have to change the the existing state of affairs to remove poverty.

Sharma said these lines changed his life, Mein gareebi hun; main tumhe pyar karti hu ; mai tumhe chood nahin sakti , kyunki tum mujhse jyada pyar karti ho ( I am poor; I love you; I can't leave you, because you love me more than I do).

Talking about his remarkable story from rags to riches, he said Indian financial system penalises the honest and rewards the dishonest to take loan and leave the country without paying. He added that initially he paid 24 per cent rate of interest on the loan he had taken to fund his startup.
Stay on top of business news with The Economic Times App. Download it Now!
FROM AROUND THE WEB

Own a home by paying only 6.99 lac* and rest on possession

Tata Value Homes

Don't lose these great offers on credit cards

BankBazaar

Virat against boundaries, uniting us like no one else

Manyavar

MORE FROM ECONOMIC TIMES

ISIS has put Rs 6 cr bounty on this woman's head

Meet India's next generation of business tycoons

7 secrets that make Marwaris so good in business

From Around the WebMore from The Economic Times

Apartments with hospital & ICU from 42 lakh

Gagan Lifespace - Nulife

The SKODA Octavia at EMIs starting ₹ 21,999/-

SKODA Octavia

Get Super Savings Account to earn 2x returns*

Fundsindia

5 Money conversations to have with your future life partner

Scripbox

PickMyLaundry picks up OneClickWash

5 smart things to know about cash transaction charges

Returning to India? Here's how to manage your bank account

UTI Mutual Fund eyes Rs 500 crore AUM in Woman Savings Plan