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 - September 2026

  marcellus.in From Our CIO’s Desk How Does Kings of Capital Beat the Benchmark with Boring, Well-Managed Companies? Over the past 1, 2, and 3-year trailing periods, our financial services strategy—the Kings of Capital Portfolio (KCP)—has outperformed its benchmark. Our investment process avoids chasing short-term market momentum, focusing instead on well-managed businesses that allocate capital […]


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NEWSLETTER
Marcellus Portfolio Updates & Insights - August 2026

  From Our CIO’s Desk Is Quality Investing Making a Comeback in India? Over the last five years (FY21–25), high-quality businesses—companies with clean accounting, strong management, and high returns on capital—lagged the broader market. The reason was simple: a post-COVID surge in household “revenge spending” and government infrastructure capex created a rising tide that lifted […]


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BLOG
What Enduring Companies Do in a Crisis

Good companies don’t become great by avoiding crises. They become great by how they handle them. We found this as a common trait across all the five companies featured in our new book, “The Art of Enduring”. This is the story of how Tata Elxsi and Divi’s turned their worst moments into turning points. If […]


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