Fundraising Fox

Kushal Shah

Investor

General Partner at E3 Capital

Dubai, United Arab Emirates

About

Kushal Shah is General Partner of an SME rollup fund in the Middle East. He previously served as Managing Director of the corporate venture fund at e&, a major Middle East telecom operator, and earlier was a Senior Partner and Managing Partner for the Middle East at Roland Berger. His background spans venture capital, corporate strategy, and management consulting over roughly 25 years.

LinkedIn ↗

Experience

  1. Stealth PE FundOwnercurrent2025 — presentDubai, United Arab Emirates
  2. Dubai Angel InvestorsFoundercurrent2016 — present
  3. AiraloBoard Member2023 — 2025
  4. BreadfastBoard Member2023 — 2025
  5. e& capitalManaging Director (Ventures)2022 — 2025Dubai, United Arab Emirates
  6. Roland BergerGlobal co-head of Media & Entertainment2021 — 2022Dubai, United Arab Emirates
  7. Roland Berger Strategy ConsultantsManaging Partner Middle East2015 — 2018Dubai
  8. Roland Berger Strategy ConsultantsPartner, head of TMT Middle East2011 — 2015
  9. Oliver Wyman GroupPartner2000 — 2011London & Dubai
  10. Diamond clusterConsultant2000 — 2006
  11. Price Waterhouse Management ConsultantsConsultant1997 — 1998Kenya
  12. Ernst & YoungAuditor1993 — 1996london

Education

  1. University of CambridgeBA, MA1990 — 1993
  2. Braeburn
  3. Institute of Chartered Accountants

Same school

Also attended University of Cambridge621

Niko BonatsosInvestment Team at General CatalystGeorgia StevensonInvestor at Index VenturesHannah SealInvestor at Index VenturesAnthony PhilippakisInvestor at GV (Google Ventures)Erik NordlanderInvestor at GV (Google Ventures)Nic LowdenInvestor at Moonfire Ventures

+ 615 more

Shared employers

Also worked at Airalo6

Maël RöhrigHead of VC at OneRagtimeAnshul AgarwalPartner at LG Technology VenturesMartell HardenbergInvestor at Antler AustraliaAakash KapoorPrincipal at Peak XV PartnersJussi SalovaaraManaging Partner at AntlerRebecca HuntPartner at Octopus Ventures

Also worked at Breadfast1

Abel BoretoInvestment Director at Novastar Ventures

Also worked at Oliver Wyman Group96

Leonard PicardoAdvisor at Manta Ray VenturesGizem CakilInvestor at OpenView Venture PartnersDale ChangOperating Partner at Scale Venture PartnersAmias GeretyPartner, Head of U.S. at QED InvestorsLaura BockPartner at QED InvestorsWarren ChengVenture Partner at Context Ventures

+ 90 more

Also worked at Price Waterhouse Management Consultants905

David PhuController at Felicis VenturesTianen LiangTax Controller at Felicis VenturesJanet WolpertInvestor at Index VenturesAryo TehranianManaging Director at Mayfair Equity PartnersAne Tolnes HaugdalInvestor at InvestinorEgilInvestor at Investinor

+ 899 more

Investments

Investor

AiraloBreadfastDerqFuzeNawyQlub

Per the firm's website.

Colleagues at E3 Capital

Andrew Darge
Investment Manager at E3 Capital
Andrew Reicher
Investor & Advisor at E3 Capital
Clemens Calice
Investor at E3 Capital
Cynthia Mwaura
Senior Associate at E3 Capital
Elo Umeh
Investor at E3 Capital
Faith Omwaga
Team Assistant at E3 Capital
Jean-Marc Bally
Investor at E3 Capital
Jean-Michel Séverino
Investor at E3 Capital