The Systematic Pursuit of Investment Excellence
Meritus is a next-generation investment firm focused on India. We leverage an agile process and repeatable frameworks to build a bottom-up portfolio of the most compelling investments across secular growth markets.
We understand that investing is a process.
While the principles of sound investing are timeless, opportunity lies in execution. We employ a systematic process to deliver superior returns - one that has been built and honed over years of experience. Our investment strategy builds on three key elements.
Process
Systematic. Disciplined. Repeatable.
Asymmetry
Safety + Certainty.
Leadership
Focused on dominant and emerging leaders.
Team
Our team brings combined experience at some of the best institutions. What unites is a partnership mindset and a drive to be the best at what we do.
Team
Application Process
For the right candidates, we are open to growing our team. If you are keen about the intersection of investing and personal growth, you are likely to find working here challenging, rewarding, and fulfilling.
Email us at careers@merituscapital.in
Analysts: email us your resume and a stock pitch. More than the accuracy of the recommendation, we are interested in the quality of your thinking and the depth of your analysis.
Ops and Client Relationships: email us your resume and a one-page writeup about the impact you had in your previous organization, and how you might play a role in helping us grow Meritus Capital.

Mihir Shah
Mihir is the CIO and Managing Partner at Meritus Capital. He has over 15 years of investing experience in the Indian public markets. From 2014 to 2022, he was a sector lead at Amansa Capital in Singapore, and from 2010 to 2014, he was Vice President at India Capital in Mumbai. Prior to that, he was a technology analyst in Goldman Sachs' Equities Division in New York from 2005 to 2008.
He holds an MBA with High Honors from the University of Chicago Booth School of Business (2010) where he was named a Siebel Scholar (top 5 in his class). He holds an MS in Computer Science from Columbia University (2005), and a BE in Computer Engineering from VJTI, Mumbai (2003). He is a CFA Charterholder.

Viraj Yadav
Viraj is a sector lead at Meritus Capital where he is responsible for the financial, consumer, and service sectors. He was previously an Associate at Avendus Capital in their investment banking division. Prior to Avendus, Viraj was a Manager at ACT Fibernet, where he was responsible for revenue and product management of their value-added services portfolio.
Viraj graduated with an MBA from IIM-A in 2024 and a BA (Eco) from UCLA in 2020.

Jayesh Tandel
Jayesh is responsible for all operational matters at Meritus Capital. He was previously a Senior Accounts Control Officer at ING Australia in Sydney. Prior to ING, he was a market research consultant with EY Sweeney, also in Sydney. Jayesh was previously a Financial Analyst at JP Morgan Chase where he worked in the Fixed Income Middle Office, and the Fund Service teams.
Jayesh graduated with an MBA from the University of Technology Sydney in 2021, and a Bachelors of Management Studies from Mumbai University in 2014.
Contact Us
In case of general inquiries, contact us at the details below: