Ajay Thakur Head - BSE SME and Start up, BSE Ltd

A professional with around 26 years of experience in Capital Market spanning India’s biggest Custodian to India’s biggest and largest Stock Exchange. The key roles have been setting up the depository by the regional stock exchange, developing derivatives and equity market and setting up SME and Start up Platform. He is the Executive Committee Member of Indian Merchant Chamber, Jury Member of India SME Forum, Jury Member of Aspire India, Member of Advisory Committee of GLA University and associated with Nanubhai Desai & Co, asMember of the Advisory Board in their Fintech company,Paaryal Fin tech Services Pvt.Ltd, Member of Incubator Seed Management Committee for Startup India Seed Fund.
In his career of 26 years, he has worked in various capacity with organizations viz. Stock Holding Corporation of India, Vadodara Stock Exchange, and BSE.
He joined BSEin the year 1996 as Head – Arbitration. He was instrumental in formulating the Byelaws and Regulation pertaining to Arbitration in line with Arbitration and Conciliation Act,1996. He was also instrumental in constitution of the Arbitration Committee comprising of Independent People with high repute. He was given the responsibility of Business Development in the year 2002. He has developed the equity market with BSE market share touching 27 percent and launched the derivatives market of BSE. BSE Sensex Futures was the key volume driver of BSE Derivatives Market. He also opened regional centers across the country. In 2011 he was given the responsibility of launching the first SME Platform in India. Presently as Head - BSE SME and Start up, responsible for the development of theseplatforms of BSE.
He is credited for launching the first ever SME Platform and Startup Platform in India on 13th March 2012 and 22 December 2018 respectively. BSE today is the largest SME Platform in India with 360 companies listed and 63 companies are in pipeline. These 360 companies listed represent 17 sectors which have raised an amount of Rs 3,823.96 Crores with market capitalization of approximately Rs 54,000 crores. Under his leadership BSE has also been able to create a successful Startup Platform.14 Startups have got listed on its Startup Platform which have raised Rs 60.90 crores with market capitalization Rs 332.39 crores. There are another 5 Startups which are in pipeline to get listed. To make these Platforms successful he has spoken in 1000 offline seminars across the country and 300 online webinars. He has interacted with almost 30,000 entrepreneurs and 5000 financial advisors. The success of these platforms has been recognized and appreciated by national and international organizations.
In one of the annual issues of 2013, Asian Development Bank (ADB) has appreciated the effort of BSE SME for promoting SME listing in India. IOSCO also in its research report of July 2015 mentioned that BSE SME platform is the most cost-effective platform for SME listing in the World. BSE SME has received SKOCH achiever award from the hands of then, Minister of State for finance Shri Jayant Sinha in the year 2015. BSE has been also awarded as the best SME exchange in India by Shri Kalraj Mishra, then Minister for MSME in 2016 and from SP Jain Institute of Management and Research as CHANGE AGENT in the year 2018. Mr. Ajay Thakur is also on various committees viz, India SME Forum and CII MSME Committee.
Under his leadership to create awareness about the benefits of SME and Startup Platform,BSE has signed MOU with various State Government viz Government of Uttar Pradesh, Government of West Bengal, Government of Haryana, Government of Telangana,Government of Maharashtra, Government of Chhattisgarh, Government of Tamil Nadu, Dun & Bradstreet Information Services India Pvt.Ltd, Yes Bank and with Electronics and Computer Software Export Promotion Councilto create awareness about BSE SME and Startups Platform. BSE has also signed MOU with HDFC Bank, IIT Alumni Council and Gujarat Student Startup & innovation hub (i- Hub) to create awareness about BSE Startup Platform.