Anand Shah


Expertise: Business Valuation

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Anand Shah is a Director, Valuation Services at KNAV. He is based out of the Mumbai office.  Anand has over 7 years of experience in valuation and financial reporting services.

Professional Experience

  • Performing valuation analyses for Global and Indian multinational companies for financial reporting purposes under USGAAP/ IndAS/ IFRS.
  • Conducting valuations of business and intangible assets for regulatory requirements of FEMA/ RBI, Income Tax, IRS, CRA and HMRC.
  • Valuation of preference shares and other equity instruments for reporting and regulatory proposes.
  • Providing assistance for preparation of business plans to various startup entities and assisting in performing valuations for fund raising purposes.
  • Drafting of valuation reports compliant with internationally accepted reporting standards.
  • Before KNAV, Anand was a part of a start incubator, providing mentorship to start up companies and assisting them to set up operations and fund raising


  • Chartered Accountant and Member of the Institute of Chartered Accountants of India
  • CFA Level III candidate
  • Registered Valuer, per Companies Act, 2013
  • Masters in Commerce from Mumbai University


  • Leading Multinationals across information technology, healthcare, pharmaceutical, manufacturing and service-sectors including Consumer Products, Financial services, Industrial Products and Indian Corporates.



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