Mumbai, June 29 -- Ajay Shah, a partner at EY India who led marquee M&A mandates in the media, education, and technology sectors, is joining veteran investor Madhusudan Kela's family office to develop a full-scale financial services platform across asset management streams.

Shah, who spent nearly two decades at EY, was most recently heading the audit firm's investment banking practice across the technology, media and entertainment, telecom (TMT), education, business services, and communications sectors.

Over the past three years, he has advised companies including Byju's, Aakash Educational Services, PVR, Inox Leisure, Mastek, and PhysicsWallah on more than a dozen transactions, many valued at over $100 million.

Shah's appointment at M...