Sameeksha Investment Managers

Sameeksha Investment Managers

Bhavin Shah established Sameeksha Investment Managers in Ahmedabad during 2008, applying two decades of technology-sector coverage to a long-only public-markets strategy. The firm emerged from Shah's tenure as head of India technology research at JP Morgan, where his coverage universe spanned the country's emerging software, services, and consumer-facing digital businesses. Sameeksha addresses a gap Shah identified between sell-side research timeliness and the patience required to compound capital in India's mid-cap technology and consumer franchises. The firm runs a concentrated, benchmark-agnostic portfolio, typically holding 12 to 18 positions. Mandate coverage spans enterprise software, consumer technology, and financial services — sectors where Shah's primary research and management-meeting access inform position sizing. Unlike diversified Indian equity funds, Sameeksha does not mirror index weights; positions are built on multi-year earnings visibility and founder quality assessments. Geographic exposure concentrates on India-domiciled businesses, with revenue streams that often include North America and Europe. Public filings indicate historical holdings in companies such as TCS, Infosys, and HDFC Bank, though the portfolio is actively managed and not disclosed in real time. The firm operates from a single office in Ahmedabad. Team size remains small — consistent with a founder-led investment process that does not delegate stock selection to sector analysts. Sameeksha has not launched adjacent vehicles such as alternate investment funds, venture strategies, or philanthropic foundations tied to the management company. In recent years, the firm has maintained its core strategy without expanding into PMS (portfolio management service) mandates beyond its flagship offering. Sameeksha's architecture differs from India's larger asset gatherers: it is an owner-operated LLP where the founder is also the sole portfolio manager, avoiding the separation of investment decision-making and business management common at bank-sponsored or institutionally backed Indian fund houses. This governance model ties the firm's capacity to Shah's own bandwidth, effectively capping scale in favor of concentration discipline.