Investment Advisors Team

Shailesh Mehta

Operating Partner

Dr. Mehta has over 43 years of experience as an entrepreneur, CEO of a Fortune 500 company, as well as a venture and private equity investor in the U.S. and India.

Dr. Mehta is the former Chairman and CEO of Providian Financial, one of the top credit card issuers in the United States, which he built from a small team into a Fortune 300 company. Prior to Providian, Dr. Mehta was an executive with AmeriTrust (now KeyCorp), the largest bank in Ohio at the time. He has been General Partner with Invesco Private capital, Operating GP with WestBridge Capital and Managing GP with Granite Hill Capital. Dr. Mehta has made numerous venture and private equity investments in companies in the financial services sector through his family office and as GP with major venture and private equity funds. Dr. Mehta has served or serving on several boards including Providian Financial (Chairman and CEO), Master Card, Pay Pal, Hannover Direct, Account Now (sold to Green Dot), First Source Solutions (Chairman of the board), Manappuram Finance Ltd., Safari Industries Ltd, Aptus Affordable Housing, Neta Fim Agriculture Finance, Seed-Infotech and several other corporate and not-for-profit institutions.

Dr. Mehta also founded the SJM School of Management at IIT Bombay. He is a distinguished alumnus and serves on the IITB advisory council. He holds a PhD and Masters degree in Operations Research from Case Western Reserve and a B.Tech. in Mechanical Engineering from IIT Bombay.

Advisory Team


The Madison India Capital team has been working together with exceptional results for its portfolio companies. The team has 50+ years of collective investing experience in our industries of focus during several economic cycles and dramatic industry transformations. The investment perspective, depth of knowledge, relationships and diversity of experience that we have gained enables us to provide a valuable sounding board to help our portfolio companies succeed.