Mr. Divyesh Shah is a veteran of India’s financial services industry, having completed 25 years with the Indiabulls Group, where he has been instrumental in shaping the organization from its inception. He currently serves as the Executive Director and CEO of Dhani Services Ltd. (formerly Indiabulls Ventures Ltd.), a publicly listed company. Over the course of his career, Mr. Shah has led the Group through multiple business cycles, demonstrating a proven ability to navigate complex regulatory landscapes and turbulent market conditions.

He has successfully steered large-scale restructuring initiatives-transforming the company from a retail stockbroking outfit into a diversified financial services powerhouse with interests in real estate, consumer finance, capital markets and asset reconstruction (ARC). He is widely recognized for his strategic foresight, executional excellence, and resilience in times of uncertainty. Mr. Shah has played a pivotal role in reimagining Dhani’s business model during shifting macroeconomic scenarios and evolving regulatory frameworks. His leadership has been defined by a balance of disciplined risk management and bold, tech-led innovation, enabling Dhani to pioneer several digital-first financial services for India’s growing retail segment. A founding member of the Indiabulls Group, Mr. Shah’s journey stands as a rare example of long-term vision, commitment, and operational leadership.