Mr. Runit Shah
Independent Director
Mr. Runit Shah, is a seasoned entrepreneur, angel investor and financial advisor with expertise spanning operations, strategy, and digital marketing.
An Industrial Engineer from Purdue University, Runit began his career at General Motors’ Detroit HQ as a Competitive Operations Engineer. He later earned his MBA from Thunderbird School of Global Management. Additionally, he is a certified Investment Adviser under SEBI regulations.
After returning to India in 2006, Runit founded an automotive component manufacturing unit and an online video messaging platform. His journey into angel investing began in 2011 with Mumbai Angels, and he later established Velvetcase, an online jewellery marketplace. Velvetcase attracted private and institutional investments from prominent figures such as O3 Capital, Anupam Mittal, Mohandas Pai, Jerry Rao, K Raheja Corp, Patni Family Office, Anjali Bansal and many others.
Runit serves on the Boards of D.B. Corp Ltd. and several privately held companies and holds key leadership positions. He is currently co-developing 1.5 million sq. ft. of residential and commercial space in Pune and remains an active investor with the Indian Angel Network and as a Limited Partner in esteemed VC funds.
A passionate philanthropist, Runit chairs the "Adult Literacy for Women" committee at the Rotary Club of Bombay. Under his leadership, the initiative has successfully educated over 95,000 women in rural Maharashtra in the past three years, with a goal to educate 100,000 women in FY 2025-26. Runit was honoured with the "Rotarian of the Year" and "Best Project of the Year" (Adult Literacy for Women) awards consecutively in 2023, 2024 and 2025.
In his spare time, Runit enjoys running, swimming and cooking—particularly focusing on diets that prevent and reverse lifestyle diseases.