Mr. Parag Shah

Additional & Independent Director

Mr. Parag Shah is Founder and Partner of Amara Partners, a mid-market Private Equity fund. Amara Partners provides growth capital to businesses and supports entrepreneurs in strategy, innovation, digitization, change management, governance and business transformation.

In a career spanning over 25 years, Parag has held various positions with the Mahindra Group and in his last role, he was a Member of the Group Executive Board. Prior to that, he was the Managing Partner of Mahindra Partners, the 1 Bn USD Private Equity and Venture Capital division of the Group.

Parag continues to be a Director on several Mahindra Group companies and is also an Independent Director on the board of HDFC AMC Ltd., Lumax Auto Technologies Limited and Thermax Limited.

Parag holds a BS Degree in Computer Engineering from the Illinois Institute of Technology. He is also a graduate of the General Management Program from Harvard Business School.

Parag has been an Executive Committee Member of several CII and FICCI Committees in addition to other external associations. He is also an angel investor & is on the Board of Trustees of TiE, Mumbai.

Parag has been recognized by Economic Times & Spencer Stuart as India’s Top 40 Business Leaders under the age of 40. He was also featured by India Today as ‘Leaders of Tomorrow’ in their anniversary issue.

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