Tej Shah, CFA

Prior to joining Marcellus, Tej worked at Mayfield,
a Silicon Valley headquartered venture capital fund.

Prior to joining Marcellus, Tej worked at Mayfield, a Silicon Valley headquartered venture capital fund which manages $3Bn globally and $220Mn in India. Tej spent 2 years as a part of Mayfield India’s investment team covering multiple sectors and being at the centre of India’s evolving venture ecosystem. Prior to Mayfield, Tej was a part of the equity and capital markets team of Ambit Capital where he worked on executing IPOs, QIPs and buybacks. Qualifications: Tej is a Chartered Accountant and and a CFA charter holder. He holds a B. Com degree from Ahmedabad University.

Articles by team Marcellus

NEWSLETTER
Marcellus' Portfolio Updates & Insights - January 2026

                             marcellus.in  From Our CIO’s Desk How Four Mega-Reforms by the Indian Government and the RBI Dismantled the Barriers to International Capital. RBI data reveals a staggering 58% surge in capital outflows from India over the past 5 years. This shift underscores a critical imperative: the necessity of investing in dollar-denominated assets. This is particularly […]


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NEWSLETTER
Volatility underscores diversification benefits

Since inception 15 months ago, Marcellus Multi-Asset PMS (MAP-Balanced) has outperformed its benchmark by 2.44% points and Nifty 500 TSR Index by 4.57% points (annualised, net of fees and expenses). At that time, Indian equities had run up significantly and seemed overvalued when macro growth had slowed, the earnings cycle had already peaked and risk […]


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BLOG
Profiting from the Demise of ‘Information Intermediaries’

Like the internet a generation ago, AI is triggering a massive wave of value migration from traditional style businesses to new business models. Our Global Compounders team has identified and invested in several opportunities in developed markets over the past four years, with the aim of positioning our clients to potentially benefit  from this new […]


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