Mavuca Capital

Mavuca Capital

Jayen Shah established Mavuca Capital in Mumbai in 2018, moving from Head of Debt Capital Markets at IDFC Bank to build an independent advisory firm. His earlier career included senior positions at Kotak Group, ABN, Rabobank, RBS, and Standard Chartered, giving the new platform institutional relationships across India's banking, NBFC, mutual fund, and private-equity landscape immediately. The firm incorporated as Mavuca Capital Advisors Pvt. Ltd., with Shah as founder and a core team drawn from IDFC, foreign banks, and corporate treasury. Mavuca arranges debt, equity, and hybrid fundraising for corporates across India, with a specific capability in working-capital solutions, off-balance-sheet structures, and acquisition finance. The firm also advises on M&A, joint ventures, commercial contract valuations, and product-positioning-pricing dynamics. While not a principal investor, Mavuca has closed conventional and alternate debt & equity raises for corporate India, though it does not publicly name portfolio companies or transaction sizes. Its mapped relationships span Indian banks, NBFCs, private equity funds, venture funds, impact funds, and multilateral institutions — a network that Jayen Shah cultivated through landmark deals including the 2016 Lafarge acquisition finance that won multiple awards as Asia's Best Domestic Bond Deal. The firm maintains a presence in New Delhi, Ahmedabad, Canada, and Singapore alongside its Mumbai headquarters. Mavuca discloses a senior team of seven professionals including founder Jayen Shah, distribution head Kanwar Singh, MSME advisor Prashant Shukla, and Rajat Saxena — a former Standard Chartered and GE Capital banker who is a registered Insolvency Professional. The firm publishes Mavuca Research™, a branded insights vertical, and runs a corporate social responsibility program. A notable operating subsidiary, SAAA Consultants, powers the firm's digital infrastructure. No recent operational event from the last 24 months is publicly verifiable. Mavuca's structural distinction lies in its positioning as a resource-banking firm rather than a traditional investment bank: it explicitly combines capital-raising execution with ongoing advisory around treasury, financial-institution relationships, and market development. This mandates a permanent intermediary function between corporates and capital providers, rather than a transactional deal-by-deal cadence — a model suited to mid-market and MSME clients that require sustained banking access, not just one-off mandates.