Having spent his younger years in poverty, Jaynti was self-motivated to achieve big dreams. But success never comes easy and lies at the end of a series of failures. Standing firm against your bad luck is all it requires. Jaynti made the impossible happen with his braveness and turned his life around from poverty and now enjoys a life of luxury.
Ahmedabad: Extraordinary results require extraordinary effort. This stands true in the case of Jaynti Kanani who is the CEO of Polygon. Jaynti spent his childhood in poverty. His father was a factory worker and could not earn enough money to carry out all household expenses properly.
At times, Jaynti could not even pay his school fees. But somehow, his father managed to provide his children complete school education without any year gaps. Then there was the burden of getting Jaynti’s sister married in a nice household. His father had to take loans to organize the wedding. Jaynti was in his final years when he became determined to pay off his father’s debt.
Job after engineering
Using education as his best tool, Jaynti completed his graduation in engineering from Dharam Singh Desai University, Nadiad. He finally got a job, but it was paying him only Rs. 6000 a month. It was difficult to meet his personal expenses let alone pay off his father’s debt.
Due to health reasons, his father lost his job, and even after being a working man, Jaynti felt helpless to improve his family’s financial condition. He applied to different companies for various positions but could not make his situation any better.
At a new company, where he was working as a data analyst, he made friends with Sandeep Nailwal and Anurag Arjun. Dissatisfied with their jobs, the three of them decided to build their own company.
A dream supported by friends
In 2017, the trio got together and started a company called ‘Polygon’, it was earlier named ‘Matic’. Receiving investments from American billionaires like Mark Cuban, Polygon dealt in cryptocurrency matters.
Jaynti and his friends’ company has become the world’s largest cryptocurrency Ethereum transaction facilitator. In only six years, the company has a massive turnover of Rs 55000 crore and receives investments from global tech giants like SoftBank, Tiger Global and Sequoia Capital India. Since the inception of the company, Jaynti has become one of India’s first billionaire co-founders of a cryptocurrency startup.
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