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avatar for Niren Shah

Niren Shah

Norwest Venture Partners
Managing Director and Head of India
Niren is the Managing Director and the Head of Norwest India. Niren brings to Norwest India more than 25 years of investing, entrepreneurial, finance, operational and investment banking experience from leading consumer oriented companies and global financial institutions. Niren serves as an advisor on India-based venture and growth equity investments across sectors such as Financial Services, Internet/Technology, Consumer and Healthcare. Niren has been with Norwest India for over 12 years and has advised Norwest’s investments in Cholamandalam Finance, IndusInd Bank, ING Vysya Bank, Swiggy.com, Ofbusiness.com, EssKay Finance, Five Star Finance, Pepperfry.com, Kotak Bank, Jain Irrigation, Quikr.com, RBL Bank, Shriram City Union Finance. Prior to joining Norwest India, Niren was the Senior Director of Strategy and Ventures at eBay.com, Inc. in Silicon Valley, where he helped drive the worldwide strategy across eBay. Niren also led the eBay Ventures team where he was responsible for new investments, build or buy decisions, strategic acquisitions and new business opportunities. Prior to eBay, Niren was part of the original Executive Management Team of Baazee.com, India largest auction website. Niren was the CFO and COO of Baazee.com and founded Baazee’s B2B Reverse Auction business and PaisaPay payments businesses, which represented a substantial portion of Baazee’s GMV at exit. Baazee.com was acquired by eBay International in 2004, the largest successful acquisition exit of that era. Prior to this, Niren was an investment banker with KPMG Corporate Finance in the Technology and Financial Services spaces and before that, a Registered Equity Dealer on the Bombay Stock Exchange. Niren is a rank holder Chartered Accountant and a Gold medalist Masters in Commerce from the University of Mumbai.