Parag Shah is the Managing Partner of Mahindra Partners, the $750 Mn Private Equity division of the $16.7 Bn Mahindra Group. In a career spanning over 18 years, Parag has held various positions with the Mahindra Group. He has extensive experience in building new businesses, start ups, turn arounds, joint ventures and mergers & acquisitions.
Currently, he is a Director on the Boards of a number of companies of the Mahindra Group such as Mahindra Two Wheelers Ltd, Mahindra Logistics Ltd, Mahindra Intertrade Ltd, Mahindra Solar, Mahindra EPC, Mahindra Retail, Mahindra Namaste.
He is one of the chief architects of Mahindra Partners. The Division adapts the Group’s unique strengths of constant innovation, prudence and creative business models with a mandate of incubating new ventures for the Group. Mahindra Partners accelerates value creation through a diversified portfolio of emergent businesses spanning various industry sectors like Cleantech, Logistics, Steel, Retail, Consulting, Media, Speed Boat Manufacturing, Conveyor Systems and Vocational Education.
Prior to his current assignment, he worked for the Office of the Vice Chairman & Managing Director, and was involved in New Business Development and strategy for the Group. He was also Chief Executive Officer of Officemartindia Ltd., a consulting & e-trading company within the same Group. Before joining the Mahindra Group in 1999, he was Managing Director of Systems Marketing India Pvt. Ltd., a private business with interests in Manufacturing, Investment Banking and Trading.
He has been invited as a regular speaker across various Industry forums like IFC/EMPEA, FICCI, BCCI, CII, Solarcon, AON Hewitt, KPMG.
He holds a BS Degree in Computer Engineering from the Illinois Institute of Technology with special electives in Psychology and Manufacturing Technology. He is also a graduate of the General Management Program from Harvard Business School.
Parag is affiliated with various prestigious NGO associations such as Sabarkanta Relief Committee and JBS Trust. He is also a Founder Director of “Executive Without Borders” a NGO based in USA.
He is an Executive Committee Member of the CII National Committee on Private Equity and Venture Capital, FICCI Solar Energy Task Force, CII National Committee on Renewable Energy. He is also a member of CEO forum & Mumbai Angels.