Press Release

9Unicorns Bolsters Leadership Team with Appointment of Lumani Shah as Principal

9Unicorns, a pioneering global accelerator program and venture fund, has bolstered its leadership team with the strategic appointment of Lumani Shah as Principal. In this pivotal role, Lumani will leverage her diverse expertise to drive strategic growth initiatives and foster the success of the accelerator’s portfolio companies, further cementing 9Unicorns’ position as a catalyst for innovation and entrepreneurship.

With close to a decade of professional services experience across multiple domains, Lumani brings a potent blend of financial acumen, strategic thinking, and execution excellence to her new role. Prior to joining 9Unicorns, Lumani worked as a Senior Associate at McKinsey & Company, where she advised clients across sectors including Logistics, SaaS, and Infrastructure services. Her expertise spanned building strategies for corporates, delivering commercial diligences for private equity investments, and driving excellence through transformations for startups as well large conglomerates.

Lumani’s multifaceted background and proven ability to deliver transformative solutions position her to provide invaluable guidance and support to the organization’s entrepreneurial endeavors. [A1] Her extensive experience will prove to be advantageous in the venture capital domain, aiding in fundraising, deal-making, portfolio management, and overseeing exits.

Commenting on the appointment, Dr. Apoorva Ranjan Sharma, Co-founder, and Managing Director of Venture Catalysts said, “We are delighted to welcome Lumani Shah to our leadership team. Her impressive track record, coupled with her diverse skill set and deep understanding of the startup ecosystem, make her an invaluable asset to 9Unicorns. Lumani’s expertise in strategy development, financial analysis, and operational excellence will be instrumental in guiding our portfolio companies towards sustained growth and success and execute investments.

Lumani Shah expressed her enthusiasm, stating, “I am honored to join the 9Unicorns family and contribute to their mission of fostering entrepreneurship and innovation. The opportunity to work alongside a talented team and leverage my experience to support the growth of dynamic startups is truly exciting. I look forward to collaborating with the portfolio companies and leveraging my diverse background to create lasting impact within the startup ecosystem.”

Lumani holds an MBA from the prestigious Indian School of Business (ISB) and is a Chartered Accountant, having honed her financial expertise during her tenure at EY and PwC as part of their Deal Advisory teams focused on financial due diligence.

9Unicorns strengthens its commitment to entrepreneurs with Lumani Shah’s addition. Her experience and insights will fuel the continued success of nurturing startups and attracting top talent. With a proven track record, Lumani is a key player in shaping the future of 9Unicorns’ portfolio companies and solidifying their position as a leading startup accelerator.