Firms To Watch: Corporate and M&A

New Dehli-based AKS Partners advises a diverse range of domestic clients and a growing pool of international businesses on cross-border commercial agreements, externalisations, and associated regulatory and litigation issues. The firm is headed up by Sonal Kumar Singh, an accomplished corporate advisor and arbitrator and Anish Jaipuriar, a specialist in corporate & commercial transactions.
The corporate team at DMD Advocates consolidated its offering in its Mumbai office with the arrivals of Vihang Virkar, Monika Deshmukh, and Ayesha Rai from Lumiere Law Partners in December 2023. New Delhi-based Rashi Dhir heads the practice with strong support from Pallavi Puri. Sumit Sinha has left the practice.
With offices across New Delhi, Pune, Chennai, and Bengaluru, the King, Stubb & Kasiva team specialises in handling all aspects of M&A, private equity, and venture capital matters on behalf of domestic and international clients.
Bengalaru-based NovoJuris Legal primarily works with private equity and venture capital investors, and also has involvements in cross-border M&A, corporate restructurings, and redomicilings. Sharda Balajil is the key contact.
Headed by Shruti Kanodia from New Delhi, Sagus Legal has extensive experience of dealing with cross-border M&A, venture capital investments, and foreign exchange law issues. Its clients span across the manufacturing, pharma, and energy industries.
Stratage Law has a strong record in the private equity space, and has expanded its work in corporate M&A, with clients including growth companies and unicorns in sectors such as technology and healthcare. Darshan Upadhyay heads up the Mumbai-based team.

Corporate and M&A in India

AZB & Partners

Combining extensive expertise in M&A, joint venture, and general corporate transactions, the AZB & Partners team is highly praised for its domestic and international capabilities. The practice has vast experience of representing clients from across the technology, pharma, and finance industries, and consistently demonstrates market-leading knowledge on securities law and data privacy issues within M&A. The managing partners, Ajay Bahl and Zia Mody, specialise in restructurings and private equity investment work, with the former based in Delhi, and the latter in Mumbai. Delhi-based Anil Kasturi focuses on demergers and public takeovers, whilst in Mumbai, Ashwath Rau and Kritika Agarwal routinely provide financial regulatory advice and both Nandish Vyas and Darshika Kothari assist with PE investment issues.

Practice head(s):

Ajay Bahl; Zia Mody; Ashwath Rau; Anil Kasturi; Darshika Kothari; Hardeep Sachdeva; Srinath Dasari; Vaidhyanadhan Iyer; Vinati Kastia

Other key lawyers:

Nandish Vyas; Kritika Argawal; Nilanjana Singh; Daksh Trivedi; Divya Mundra; Kashish Bhatia; Nanditha Gopal; Nandita Govind; Niladri Maulik; Roxanne Anderson; Ankit Tandon; Ashish Pareek; Bhuvana Veeraragavan; Jasmin Karkhanis; Kunal Kumbhat; Atreya Bhattacharyya


‘It is essential that the law firm engaged are expert in this domain and keeping abreast with latest regulations to advise on M&A matters. AZB team has good expertise in the M&A domain and they supported in various corporate strategies in our organisation.’

‘AZB team and lawyers are expert in M&A domain and hands on with latest regulations and law that impacts M&A activities in an organization. Some of the key qualities are their domain expertise, knowledge about M&A, understanding about regulations and latest changes in that which is essential for advising clients on various strategic initiatives.’

‘Top notch, sophisticated legal advice. Very responsive and very knowledgeable across all legal areas. They are clearly very accustomed to working with clients and law firms from around the globe.’

Key clients

Housing Development Finance Corporation Limited

Holcim Group



Larsen & Toubro Limited

TotalEnergies Gaz & Electricité Holding

HDFC Life Insurance Company Limited

Tata Motors Limited

London Stock Exchange Group

Metro AG

Wipro Limited

Zifo Technologies

IHC Capital Holding LLC

Heubach GmbH and SK Capital Partners, LP

Spark Capital

Trelleborg Holding Ab

Egis Engineering

IHC Capital Holding

Wipro Limited

Tata Sons Private Limited

Oiltanking GmbH

Trans Union LLC

Eltropy Inc.

Eqova Healthcare Private Limited

Ulink Agritech Private Limited

Bharti Airtel Limited

Jubilant Enpro Private Limited

Max Life Insurance Company Limited

Max Financial Services Limited

LT Foods Limited

GlaxoSmithKline Plc

Hydreq Pte. Ltd.


OFB Tech Private Limited

Michael & Susan Dell Foundation

Bharti Realty Limited & Bharti Enterprises Limited

Sequoia Capital India LLP

Scholiverse Educare Private Limited

LC Nueva AIF

Housr Technologies Private Limited

Perfect Day, Inc.

Varde Partners Asia Pte. Ltd.

Experion Capital Private Limited

Accion Digital Transformation Fund, LP

Plutus Investments and Holding Private Limited

Accordion Partners LLC

Yasuda Logistics Corporation

Diliigent Power Private Limited

Gensol Engineering Limited

Clean Max Enviro Energy Solutions Private Limited and its founder, Mr. Kuldeep Jain

Max Estates Limited and Acreage Builders Private Limited

Blu-Smart Mobility Private Limited and Mr. Anmol Singh Jaggi

Hero Enterprise Venture Partners

Cyril Amarchand Mangaldas

Counting high-profile companies from across the aviation, renewable energy, and finance sectors amongst its client-base, Cyril Amarchand Mangaldas covers all aspects of regulatory, investment, and corporate matters. The group boasts considerable expertise on insolvency-related M&A, along with complex corporate governance and litigation issues. With the whole team based in Mumbai, managing partner Cyril Shroff provides extensive advice on banking and financial regulatory proceedings, whilst Reeba Chacko specialises in private equity and venture capital investments. Nivedita Rao focuses on corporate restructurings, and Akila Agrawal handles joint venture work. Himanshu Narayan is an expert on corporate finance, and principal associate Aviral Chauhan is also noted for his international M&A work.

Practice head(s):

Cyril Shroff; Reeba Chacko; Nivedita Rao; Akila Agrawal

Other key lawyers:

Aditi Singhvi; Aditya Prasad; Ishita Khandelwal; Sonakshi Arora; Archit Bhatnagar; Shubham Rustogi; Himanshu Narayan; Aviral Chauhan


Excellent collaboration and digital skills. We have been working remotely overcoming many challenges with a team fully at ease with modern technology. also responsive and knowledgeable for corporate and M&A matters!

Very responsive professionals. very focused on client needs, and agile to adapt to requirements from foreign clients.

They have good knowledge on the subject matter and their experience in handling corporate and M&A transaction makes them uniquely positioned to handle the matter from start to end.

Very good technical knowledge of law. Practive and practical approach.


Key clients

Adani Group

Tata Group

Reliance Group

Piramal Enterprises Limited

Essar Group

Larsen & Toubro Infotech Limited

Viacom 18 Media Private Limited

Tenneco Inc.

Unity Small Finance Bank Limited

Suven Pharmaceuticals Limited

Allen Career Institute


L&T Finance Holdings Limited

Prestige Estates Projects Limited

Sanmina Corporation

Ezetap Mobile Solutions Pte Ltd

Gland Pharma Limited

GE Steam Power Switzerland GmBH


Remaining highly active across the corporate and M&A space, the team at IndusLaw advises on the full range of public and private corporate transactions. The firm has in-depth experience of acting on behalf of clients within the pharma, technology, and automotive industries, and is well equipped to handle any compliance issues and securities law matters. Operating out of Delhi, Avimukt Dar and Gaurav Dani are experts in handling cross-border M&A and financial investment transactions, with the latter being both a US and Indian qualified lawyer. In Bengaluru, Kartik Ganapathy specialises in joint ventures and Indian corporate law, and Suneeth Katarki focuses on corporate restructurings. From Mumbai, Ravi Kumar regularly advises on private equity transactions, Amrit Mehta concentrates on foreign direct investments, and the team is further enhanced since Siddharth Manchanda has joined. Manish Gupta departed the practice to join Shardul Amarchand Mangaldas & Co in October 2023.

Practice head(s):

Avimukt Dar; Gaurav Dani; Kartik Ganapathy; Srinivas Katta; Suneeth Katarki

Other key lawyers:

Saurav Kumar; Ravi Kumar; Pallavi Kanakagiri; Anindya Ghosh; Winnie Shekhar; Amrit Mehta; Harman Walia; Minhaz Lokhandwala; Aakash Dasgupta; Ankita Gupta; Nikita Goyal; Ashwin Krishnan; Rahul Tiwari; Stuti Agarwal; Swathi Sreenath; Rashi Bharadwaj; Siddharth Manchanda


They understand the M&A market practices, Corporate restructuring well. Engaged team, willing to listen and provide solutions with options. Upfront and clear in communication and delivery promise.’ 

‘Kartik Ganupathy and Aakash Gupta are highly responsive with excellent technical expertise and able to provide commercial insights for the clients.’

The team led by Harman Walia provided always quick and detailed advices. It was really helpful. They have full knowledge on equity investment deals and always provided helpful advice in advance to go forward the deal smoothly. They also always provided detailed explanation so that there were no mis-communications among us and our client. Harm strongly supervised their team.’

Key clients


Takahata Group and Takahata India

Epi Source




Pine Labs



Lockstep Networks, Inc


Hindustan Unilever Limited

Mahanagar Gas Limited


Gems Paints

Ocean Sparkle


Renew Power

Lithium Urban Technologies


Springwel Mattresses


Work highlights

  • Completed a full ownership separation of PhonePe from Flipkart, making PhonePe a fully India-domiciled company, a process that had started earlier this year.
  • Acted as the Indian counsel for the Takahata Group and Takahata India on Shriram Pistons and Rings’ acquisition of 75 percent stake in Takahata Precision India Pvt. Ltd.
  • Advised Blinkit and Sequoia in relation to Zomato’s acquisition of the quick commerce company, Blinkit (formerly Grofers) and its warehousing and ancillary services business (including providing warehousing, logistics and transportation services, inventory management services and other technology services).

Khaitan & Co LLP

Consisting of ‘hardworking, ambitious, and knowledgeable legal minds’, the Khaitan & Co LLP corporate practice regularly advises on conceptualisation of M&A, de-mergers, and strategic alliances. With a client base which includes Indian companies, along with entities from across the United States, Europe, and Africa, the team has expertise in the e-commerce, gaming, and pharmaceutical industries. From Mumbai, Haigreve Khaitan consistently assists companies, directors and financial institutions, Rabindra Jhunjhunwala is an expert on PE investments, and Aakash Choubey is knowledgeable on Indian corporate and investment laws. In New Delhi, Bharat Anand focuses on joint ventures, whilst Bengaluru-based Ganesh Prasad concentrates on corporate restructurings, and Rajat Mukherjee is knowledgeable in the pharmaceutical space.

Other key lawyers:

Haigreve Khaitan; Rabindra Jhunjhunwala; Bharat Anand; Aakash Choubey; Ganesh Prasad; Kartick Maheshwari; Niren Patel; Arindam Ghosh; Vineet Shingal; Rajat Mukherjee; Mehul Shah; Ashraya Rao; Vidushi Gupta; Gaurav Malhotra; Kartikeya Prakash; Ashraya Rao; Prasenjit Chakravarti; Sushmita Sarin; Nitish Goel


‘Khaitan has a very diverse set of partners and associates. We have never felt that they didn’t have the correct partner or expertise in any aspect that we had to go to another firm. We have engaged in many aspects – M&A, general queries, land matters, taxation matters, arbitrations, commercial disputes, indemnity claims, banking and much more with them and have always been satisfied with the result. The partners are available and easily accessible and give their 100% on any assignment they have worked on for us.’

‘The main people we work with are Prasenjit Chakravarti, Nitish Goel and Sushmita Sarin from Khaitan. While they are primarily all into M&A, they ensure that they are involved with any interaction we have in other domains while dealing with Khaitan. They go above and beyond with their efforts and have consistently been our preferred choice because of this in the last five years. They will connect to the right partner, provide their help when needed and even ensure follow up internally to see to it that our work is being done correctly and in a timely manner. I trust them blindly and would continue using them in the future.’

‘We have always enjoyed working across various teams at Khaitan. The firms is made up of very hardworking, ambitious and knowledgeable legal minds who have great experience of working on prominent matters across international jurisdictions. As a result, they are experienced and adequately staffed to address any legal or regulatory complexity that could arise on a transaction.’

‘Kartikeya Prakash (Partner) and Aman Dwivedi (Principal Associate) particularly stood out as leading a very complex transaction for us. They were readily available at odd hours to suit various time zones involved in the transaction and led the meetings with respect, gravitas and knowledge to deliver a successful outcome.’

‘The practice has a number of brilliant and driven lawyers. These leaders lead from the front and are available to answer to the client. Transactions are not left for junior lawyers to run. The Firm is not focused on merely increasing its chargeable hours. They are keen to develop a relationship with clients. Their hunger to do better is commendable.’

‘Surbhi is clearly commercially savvy, hardworking and practical in her approach. She understands the deal dynamics and the personality behind the people involved in the deal. Her attitude towards client work is a refreshing change from lawyers who are merely transactional in approach.’

Key clients

Poonawalla Fincorp Limited

IIFL Finance Limited


Plastic Omnium

Inbrew Beverages

Indo Count Industries Limited

Mahindra & Mahindra Limited

L&T Technology Services Limited (LTTS)

Godrej Consumer Products Limited

JSW Energy Limited

Oman Investment Corporation (S.A.O.C.)

Digital Edge DC

Daiwa Securities Group Inc

KWE-Kintetsu World Express (S) Pte Ltd. and Kintetsu

World Express (India) Private Limited

Papa John’s International, Inc.

Dalmia Cement (Bharat) Limited

F2 Fun and Fitness (India) Private Limited, Gul Advani, Valecha Investments Private Limited, Prashant Machwe, Shraddha Sheth, Sangeeta Mansharamani and Nikhil Kakkar

PI Health Sciences Limited

INEOS Styrolution APAC Pte. Ltd.

Shareholders of ABC Consultants Private Limited

Univo Education Private Limited

GTI Capital Holdings Private Limited

Borosil Renewables Limited

Jagsonpal Pharmaceuticals Limited

Adaniconnex Private Limited

RPSG Ventures Limited & RP-Sanjiv Goenka Group

Techniks Inc.

Eris Lifesciences Limited

Warner Music India Private Limited

Fungible, Inc

Arista Networks

Reliance Industries

Nextiva Inc

Work highlights

  • Advised IIFL Finance Limited and IIFL Home Finance Limited (a subsidiary of IIFL Finance Limited) in relation to investment by Abu Dhabi Investment Authority for acquisition of 20% stake in IIFL Home Finance.
  • Assisted Poonawalla Fincorp Limited in entering into definitive agreements for sale of its housing finance subsidiary Poonawalla Housing Finance Limited to global private equity fund TPG at a pre-money equity valuation of INR 3,900 Crores (USD 473 million) and subject to receipt of regulatory approvals (including approvals of the Reserve Bank of India and the National Housing Bank).
  • Advised Infosys in respect of Indian law matters on its acquisition with the captive unit of Danske Bank in India.

Kochhar & Co.

Acting on behalf of global Fortune 500 & 100 companies alongside major domestic companies, Kochhar & Co. handles contentious and non-contentious corporate restructurings as part of its M&A offering. With a team of experts specialising in managing corporate transactions across the energy, technology, and pharma sectors, the group is highly regarded for its advice on regulatory compliance and competition clearance. The New Delhi-based head Rohit Kochhar has vast experience of structuring complex deals, whilst Chandrasekhar Tampi focuses on capital market issues. In Bengaluru, Suhas Srinivasiah regularly assists with join ventures, and from Mumbai, Rajarshi Chakrabarti concentrates on complicated regulatory matters.

Practice head(s):

Rohit Kochhar

Other key lawyers:

Suhas Srinivasiah; Pradeep Ratnam; Chandrasekhar Tampi; Rajarshi Chakrabarti; Anuj Kaila; Anshuman Sahijpal; Sameena Jahangir

Key clients


Axway Software SA

Berwind Corporation

Carelon Global Solutions India LLP

Essar Capital

Gas Authority of India (GAIL)

Lucent Bio-Green Fuels Limited

NashTech Limited

Nference, Inc

Radiance Renewables Private Limited

Renew Power Private Limited (“Renew Power”) and Renew Solar Power Private Limited

Ripple Labs Inc

Shell India Markets Private Limited

Sikich LLP


Tonbo Imaging India Private Limited

Work highlights

  • Advised ReNew Power and subsidiaries under its solar power vertical (Renew Solar Power Private Limited and Renew Surya Ojas Private Limited) on an INR 597,00,00,000 joint venture with Petronas Berhad of Malaysia, to jointly invest in a string of ‘next generation’ renewable energy projects in India (hybrid, round the clock, battery storage and green hydrogen solutions.
  • Advising Gas Authority of India (GAIL) on its INR 25,000,000,000 (Rupees Twenty-Five Billion) successful bid for JBF Petrochemicals Limited, a stressed petrochemicals plant in Mangalore, India, acquired from the JBF/Bhagirath Arya Group.
  • Advised SOL Spa on its acquisition of core businesses of Bhuruka Gases Limited, a leading Indian public company engaged in the business of manufacturing gases and renewal energy.

S&R Associates

Demonstrating vast expertise in dealing with Indian regulatory issues and high-profile M&A, the S&R Associates team includes senior lawyers boasting international experience. Regularly advising Fortune 500 corporations, major Indian companies, and global private equity firms, the firm is highly regarded for its work across the aviation, mining, and finance industries. Operating out of Mumbai, Rajat Sethi heads the practice, specialising in foreign investment and restructuring matters, whilst Rachael Israel focuses on capital markets and general corporate issues. From New Delhi, Mohit Gogia covers banking and finance work, and Radhika Iyer is an expert on private equity dealings. Sandip Bhagat and Sanjeev Adlakha are both recommended for their corporate governance and financing advice. Associate Meher Mehta is also noted as key.

Practice head(s):

Rajat Sethi

Other key lawyers:

Mohit Gogia; Rachael Israel; Radhika Iyer; Sandip Bhagat; Sanjeev Adlakha; Sudip Mahapatra; Venkatesh Vijayaraghavan; Viral Mehta; William Vivian John; Dhruv Nath; Lakshmi Pradeep; Prachi Goel; Pratichi Mishra; Raya Hazarika; Kanika Khanna; Kinnari Sanghvi; Prateek Sharma; Meher Mehta


‘The team at S&R is an extension of our in-house team. They embed themselves into your company and give legal advice which is not only accurate but also practical.’

‘Sudip and Rajat are extremely sharp with their legal acumen. They also ensure that their teams are aligned to our requirements and deliver their work on time without compromising on the quality. Other partners who are outstanding in their work are Lakshmi Pradeep and Raya Hazarika. They are the rising stars of the firm.’

‘Extremely valuable insights and support when navigating the Indian legal system.’

‘Reliable, competent, and responsive.’

Key clients

ArcelorMittal Nippon Steel

BofA Securities India Limited

Bunch Microtechnologies Private Limited

Citigroup Global Markets India Private Limited

Cloe Holdings Private Limited

Dilip Buildcon Limited

Flipkart Internet Private Limited

Goldman Sachs (India) Securities Private Limited

IRB Infrastructure Developers Limited

Kalpataru Power Transmission Limited

Mccoy Investment Private Limited

Nao Spirits & Beverages Private Limited

OFB Tech Private Limited

OPC Asset Solutions Private Limited

SAR Group

Tevapharm India Private Limited

United Parcel Service of America, Inc.

Vodafone Group Plc

ZScaler, Inc.

Work highlights

  • Represented BofA Securities India Limited in connection with the delivery of a fairness opinion to the board of directors of Housing Development Finance Corporation Limited (“HDFC”) in relation to an amalgamation of: (i) HDFC Investments Limited and HDFC Holdings Limited with and into HDFC (“Merger 1”); and (ii) HDFC with and into HDFC Bank Limited subsequent to the completion of Merger 1 through a composite scheme of amalgamation.
  • Represented Aéroports de Paris S.A. (“ADP”) in its agreement with GMR Airports Infrastructure Limited (“GIL”) initiating the process for a merger of GIL with GMR Airports Limited (“GAL”), in which ADP and GIL currently hold 49% and 51% stakes (respectively).
  • Represented the committee of independent directors of Kalpataru Power Transmission Limited, a listed specialized EPC company, in its merger with its subsidiary JMC Projects (India) Limited, a listed civil construction and infrastructure EPC company.

Saraf and Partners

Through leveraging its extensive expertise across the M&A and general corporate advisory departments, Saraf and Partners advises on regulatory compliance, complex restructurings, and investment agreements. The team has in-depth experience of representing Indian and global clients on mergers, takeovers, and acquisitions, as well as demonstrating considerable strength in handling commercial contract matters. Based out of New Delhi, Mohit Saraf and Vaibhav Kakkar specialise in dealing with distressed M&A and foreign investment issues, whilst from Bengaluru, Vikrant Kumar is an expert on cross-border transactions. Bikash Jhawar operates out of Mumbai, focusing on investments and joint ventures, Rohan Shah concentrates on strategic alliances, and Akshay Jain advises on leveraged buyouts.

Practice head(s):

Mohit Saraf; Bikash Jhawar; Vikrant Kumar; Vaibhav Kakkar

Other key lawyers:

Arjun Rajgopal; Rohan Shah; Nipun Vaid; Akshay Jain; Snigdhaneel Satpathy; Sahil Arora; Vivek Pareek


‘Some factors that make their team exceptional and unique are as follows: (i) accurate and apt advice (ii) thorough and deep-down understanding of subject (iii) timely manner (iv) availability for discussions.’

‘I have worked with Vaibhav Kakkar and Sahil Arora. They both are the subject matter experts in FEMA, Acquisition Transactions, merger and SEBI etc.’

‘Sahil has been our trusted advisor over the course of last few years. His support and assistance on all our regulatory issues and the transactional deals has been absolutely exemplary, with his commitment, responsiveness and readiness to deliver on tight deadlines being extremely appreciated.’

‘Saraf & Partners, have been our go to law firm for all our transactional and most of our advisory matters. Since its establishment, within such a short time, they have come to be regarded as one of the leading law firms in India in the M&A practice. They have an active and highly regarded Mergers & Acquisitions, Joint Ventures, & Private Equity practice, encompassing every aspect of the vertical, including public and private mergers & acquisitions, private equity and venture capital investments, joint ventures, corporate and commercial transactions, stock purchase and asset purchase, post-merger integration, entry &exit strategies, and mergers and de-mergers.’

‘I believe their strength lies in their team of experienced, well-trained and qualified lawyers, who integrate their skills to provide comprehensive legal advice and strategy on complex commercial issues that meet our needs and expectations. Their Partners bring hands-on expertise and a client-first approach to each transaction from a strategic perspective. Their best quality is their ability to appreciate that no two transactions are the same and rendering bespoke advice to assist us in meeting our business objectives.’

‘Snigdhaneel who is their partner in the M&A team, is one of the stars of the M&A and regulatory affairs in India. With his extensive experience, belying his years, he has undertaken some of the largest and most complex M&As in India. We have been particularly impressed with his ability to navigate the extremely complex regulatory landscape of a listed company acquiring a cross border entity in a cash and stock swap deal, with multiple institutional investors. His guidance and inputs in steering the transaction amongst multiple competing commercial interests was extremely commendable.’

‘Vaibhav is one of the leading figures in M&A in India. His strategic inputs and guidance, particularly in areas where the law is nebulous makes him stand out amongst his peers. Vaibhav’s ability to traverse the myriads of commercial issues to devise the most optimum structure for a transaction, while bearing the client’s requirements in mind, is praiseworthy. Vaibhav is also one of the stars in regulatory affairs in India. With his specialised focus on fintech laws, he has undertaken some of the most cutting-edge work in this space- right from when the sector was in its nascent stage, till now.’

‘Strong personal relationship of managing partner going out of the way to be flexible and offering innovative solutions.’

Key clients

Fortis Healthcare

Viatris Inc./ Mylan Inc. (Viatris)

Vedanta Group

Government of India (GOI) through Department of Investment and Public Asset Management, Ministry of Finance (DIPAM)

Zomato Limited

Razorpay Software Private Limited and Razorpay Inc.

Ferns N Petals Private Limited

V-Mart Retail Limited

Federal bank Limited

Ultratech Cements

NTT DATA group


Info Edge (India) Limited

Play Games 24×7 Private Limited

Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas & Co specialises in handling both domestic and international M&A, and regularly leverages the services of its various practice areas including antitrust, employment, and tax. The team has in-depth expertise across a full range of industries, ranging from media and entertainment to pharmaceutical, along with demonstrating substantial strength in managing IP and real estate elements within M&A. From New Delhi, the group’s co-head Shardul Shroff handles financing matters, whilst Gunjan Shah frequently represents global and domestic private equity funds. Akshay Chudasama is an expert on dealing with cross-border transactions, and in Mumbai, Raghubir Menon is recommended for his advice to corporates and sovereign wealth funds. New Delhi-based Puja Sondhi is knowledgeable on foreign investment and regulatory affairs, and Mithun Thanks has a special focus on private equity. Manish Gupta arrived to the team from IndusLaw in October 2023.

Practice head(s):

Shardul S. Shroff; Gunjan Shah; Raghubir Menon

Other key lawyers:

Akshay Chudasama; Puja Sondhi; Rudra Kumar Pandey; Mithun V. Thanks; Iqbal Khan; Jay Gandhi; Natashaa Shroff; Abhishek Guha; Anuj Bhasme; Roopal Kulsreshtha; Inder Mohan Singh; Nivedita Tiwari; Ekta Gupta; Sakshi Mehra; Aayush Kapoor; Karun Parkash; Manita Doshi; Tanya Uppal; Tanavi Mohanty; Avichal Mathur; Hardik Thakker: Manish Gupta

Key clients

CA Basque Investments

Ontario Municipal Employees Retirement System (“OMERS”)

Leeds Equity Partners, LLC; CeriFi LLC and LRN Corporation

Leeds Equity Partners, LLC; and Talent AcquisitionCo, LLC

Raymond Consumer Care Limited (“RCCL”)

Hillhouse Capital Group (“Hillhouse”)|

Raymond Limited (“Raymond”) and Raymond Luxury Cottons Limited (“RLCL”)|

DXN Holdings Bhd. (“DXN”)|

Culver Max Entertainment Private Limited (formerly known as Sony Pictures Networks India Private Limited, “Sony India”) and Bangla Entertainment Private Limited (collectively, “Sony”)

JSW Ispat Special Products Limited

JSW Steel Limited

McCormick & Company, Inc.

BMT International N.V.

Société Générale ref

Barentz International B.V.

Insight Enterprises, Inc.

Xebia Group

L Catterton Asia 3 Pte Ltd

AMRI Hospitals Limited (“AMRI”)

Sembcorp Utilities Pte Limited (“SCU”)

Abu Dhabi Investment Authority (“ADIA”)

Emami Limited

Annapurna Finance Private Limited

Mubadala Investment Corporation (Mubadala)

Singapore Airlines (SIA)

Eris Lifesciences

Reliance Retail Ventures Private Limited

Shubham Housing Development Finance Company (Shubham)

JK Paper Limited re

MMS Group (acting through its UK counsel, DWF Law LLP)|

SIB Holdings, LLC

Pepsico India Holdings Private Limited|

Imerys Group (Acting through Latham & Watkins LLP, Paris)

Wavestone USA (acting through Dentons Europe, AARPI|

Keimed Private Limited |Prime Time Logistics Technologies Private Limited|

Prime Focus Technologies Limited|

Biocon Biologics

Varel Oil and Gas Inc.

PVR Limited

Razorpay, Inc. (“Razorpay”)

General Atlantic Singapore PPIL Pte. Ltd.

National Investment and Infrastructure Fund – II

Work highlights

  • Advised Culver Max Entertainment Private Limited (formerly known as Sony Pictures Networks India Private Limited, “Sony India”) and Bangla Entertainment Private Limited in the ongoing merger of Zee Entertainment Enterprises Limited (“Zee”) and Bangla Entertainment Private Limited with and into Sony India, a transaction valuing the combined to be public listed company at approximately $10 billion.
  • Advised CA Basque Investments on acquisition of 9.99% of the total paid-up share capital of Yes Bank Limited.
  • Advised Advent, in a transaction pursuant to which it proposes to acquire a majority shareholding in Suven Pharmaceuticals Limited through a share purchase agreement and mandatory open offer. It is one of the largest deals in the Indian pharmaceutical industry.


Acting for clients from across the real estate, technology, and pharma industries, Trilegal is heavily noted for its handling of complex M&A and corporate restructurings. The firm has experience of advising leading corporate multinationals on cross-border transactions, offering a business model which covers all aspects of IP, competition, and regulatory compliance. The head of the corporate practice, Yogesh Singh, handles private equity and corporate finance work from Gurugram, and in Mumbai, Sridhar Gorthi acts on behalf of clients in the manufacturing, insurance, and finance sectors. Nishant Parikh focuses on restructurings, and Bengaluru-based Kosturi Ghosh and Rahul Matthan concentrate on private equity and regulatory work. Rachita Bhat joined the team from S&R Associates in January 2024.

Practice head(s):

Yogesh Singh

Other key lawyers:

Sridhar Gorthip; Nishant Parikh; Kosturi Ghosh; Rahul Matthan; Ashwyn Misra; Charandeep Kaur; Sai Krishna Bharathan; Delano Furtado; Upasana Rao; Harsh Maggon; Kunal Chandra; Anirudh Agarwala; Arjun Ghose; Gautam Singh; Clarence Anthony; Harsh Jain; Vaibhav Kothari; Ankit Kejriwal; Ankush Goyal; Sneha Vardhan; Arnav Dayal; Sanjam Arora; Pranav Atit; Amit Khansaheb; Vishruta Kaul; Nikhil Sachdeva; Rachita Bhat


‘The team has deep knowledge of our business and how we operate, this makes their advice commercial and easy to apply. They are responsive and take time to address our queries for advice in a practical and usable manner.’

‘Delano Furtado is hands on and works to ensure he understands what we are looking for while ensuring his advice covers relevant angles to protect us.’

‘Trilegal has been our go-to firm in India. I expect that we will see more of them in the coming years as we deepen our relationship with our Indian customers and partners.’

Key clients

ArcelorMittal Nippon Steel India Limited

Zee Entertainment Enterprises Limited

RMZ Corporation (Millennia Realtors Private Limited)

Saudi Aramco

Sembcorp Green Infra Limited

Shriram Capital Limited and Shriram General Insurance Company Limited

Safran Data Systems Investment SAS

Carlyle Group

Hyundai Motor India Limited

Sonata Software Limited


Copenhagen Infrastructure Partners

TATA SIA Airlines Limited (Vistara)

Edelweiss Alternative Asset Advisors

Piramal Enterprises Limited

J.B. Chemicals and Pharmaceuticals Limited

Syska LED Lights Private Limited, Syska Group

B9 Beverages Private Limited

Future Group

Castrol India Limited (BP group)

Tishman Speyer

Pine Labs

CLP Group, CLP GPEC (Mauritius) Holdings Limited and Apraava Energy Private Limited

Shriram Credit Company Limited

Mensa Brand Technologies Private Limited

Technique Solaire Group

Promoters of Chitrali Properties Private Limited (Chitrali) and Daksha Infrastructure Private Limited (Daksha) as sellers to Nexus Select REIT Trust (Blackstone)

Cube Highways and Infrastructure III Private Limited

Work highlights

  • Handled the acquisition by ArcelorMittal Nippon Steel India Limited (AMNSIL) of various ports and power assets from the Essar group in Andhra Pradesh, Gujarat, and Odisha. AMNSIL and the Essar group also entered into a 50:50 joint-venture to develop an LNG terminal in Hazira, Gujarat.
  • Handled the merger of Zee Entertainment Enterprises Limited (Zee) (a listed entity) and Bangla Entertainment Private Limited (BEPL) (an unlisted entity) with and into Culver Max Entertainment Private Limited (CME) (formerly known as Sony Pictures Networks India Private Limited) (an unlisted entity).
  • Represented RMZ Corporation and Canada Pension Plan Investment Board (CPPIB) in its joint venture agreement (JV) to develop commercial office spaces in India.

Argus Partners

With expertise spanning across multi-jurisdictional M&A, joint ventures, and group restructurings, the Argus Partners team routinely represents international and domestic corporations. Displaying considerable strength in the finance, sports, and manufacturing spheres, the group is well equipped to handle public and private takeovers, along with complex spin-offs. In the Mumbai office, Krishnava Dutt and Adity Chaudhury specialise in dealing with strategic debt restructurings and joint ventures, whilst Abhinav Bhalaik focuses on investment work. In Kolkata, Arka Majumdar regularly acts on behalf of clients in the mining and engineering industries, and Bengaluru-based Ankit Guha provides general corporate and funding advice. Jitendra Soni is noted for his work on IPOs and seed funding rounds.

Practice head(s):

Krishnava Dutt; Abhinav Bhalaik; Adity Chaudhury; Ankit Guha; Arka Majumdar; Armaan Patkar; Jitendra Soni; Neha Madan; Rachika Agrawal Sahay

Other key lawyers:

Armaan Patkar; Vallishree Chandra


‘The Team led by Krishnava Dutt and Adity Chaudhury is dynamic and solution oriented.’

‘They are hands on and billing is very reasonable.’

‘Extremely hard working and turnaround time is superb.’

‘The client handling is excellent.’

‘Mr. Krishnava Dutt- Problem Solver. He is the managing partner but is available whenever there is a crisis.’

Ms. Adity Chaudhary- She is the best in the business. Hands-on on each matter. Attention to details is terrific.’

Ms Navya Pathak- Hard working, thorough, courteous and sharp.’

Mr Tushar Oberoi- Hard working, diligent and attention to details.’

Key clients

HDFC Limited

Tata Steel Limited

Board of Control for Cricket in India (BCCI)

Qapita Fintech India Private Limited

Kotak Pre-IPO Opportunities Fund


Baba Fine Chemicals

Work highlights

  • Advising HDFC Limited on its proposed merger with HDFC Bank valued at approximately USD 60 billion to create the second largest bank in India.
  • Advised the Board of Control for Cricket in India (BCCI) on the Indian Premier League (IPL) media rights auction (TV and Digital Rights) for the 2023-2027 cycle for a combined amount of approximately $6.20 billion.
  • Advising Tata Steel Limited on its proposed merger involving seven of its subsidiary and associate companies into Tata Steel.

Bharucha & Partners

Providing tailored advice on the whole spectrum of transactions, including joint ventures, foreign investments, and complex M&A, the Bharucha & Partners practice consistently represents clients from across the finance, chemical manufacturing, and private equity spheres. From Mumbai, both Alka Bharucha and Justin Bharucha co-head the team, with the former specialising in cross-border M&A work, and the latter bringing vast expertise on structured finance and private equity investments. Vandana Pai focuses on strategic investments and takeovers, whilst Bengaluru-based Swathi Girimaji assists corporations in the cosmetics and ed-tech industries. Sindhu Nayak joined as partner from JSA Law in February 2023.

Practice head(s):

Alka Bharucha; Justin M. Bharucha

Other key lawyers:

Vandana Pai; Swathi Girimaji

Key clients

Cadmus Group LLC.

Greenlam Industries Limited

JM Baxi Heavy Private Limited

Promoters of Asit C. Mehta Financial Services Ltd. (Asit C Mehta and Deena Mehta)

Aurum Proptech Limited

Girnarsoft Education Services Private Limited

SMILE Microfinance Limited

Work highlights

  • Advised Cadmus Group LLC in relation to Indian law aspects of acquiring Nathan Associates Inc., by way of a merger., including conducting a due diligence of Nathan Economic Consulting India Private Limited, a wholly owned Indian subsidiary of the target.
  • Advised IMCD India Private Limited on preparing, negotiating, and finalising the definitive documents as well as conducted the legal due diligence of the target business, Parkash Dyechem India Private Limited.
  • Advised Greenlam Industries Limited on preparing, negotiating, and finalising the definitive documents with respect to the agreement to acquire Bloom Dekor Limited’s factory in Gujarat.

DSK Legal

Demonstrating significant strength in the corporate advisory, M&A, and regulatory compliance spaces, DSK Legal’s team provides a bespoke service to international and domestic entities. The firm’s sector-specific expertise is particularly broad, covering industries ranging from life sciences to real estate, and the addition of Kunal Mehra from Luthra and Luthra Law Offices India in June 2022 bolsters the group’s offering on de-mergers and private equity transactions. From Mumbai, managing partner Anand Desai has over 30 years of domestic and international experience, and Hemang Parekh focuses on client’s investments. New Delhi-based Aparajit Bhattacharya is an expert on joint ventures and corporate restructurings, whilst Gaurav Mistry specialises in foreign investments law matters.

Practice head(s):

Anand Desai; Aparajit Bhattacharya; Hemang Parekh; Ajay Shaw; Niraj Kumar; Rishi Anand; Srinivas B.R.; Harvinder Singh; Aninda Pal; Sharath Chandrasekhar; Kunal Mehra; Gaurav Mistry; Siddharth Suresh; Nakul Batra; Jayesh Kothari

Other key lawyers:

Akanksha Tiwary


‘Great expertise, responsive, overall excellent.’

‘Aparajit Bhattacharya and Harvinder Singh are our “go to” lawyers for all complex matters in India. They are extremely smart, strategic and responsive experts with whom we have complete trust and faith.’

‘The Corporate and M&A practice at DSK is led a strong group with deep understanding of the laws to execute complex arrangements while ensuring compliances and control. This is a unique skill set in a M&A situation.’

‘Aninda Pal stood out for his diligence and precision.’

‘The Corporate and M&A practice has a mix of young partners who have a wealth of experience amongst them beyond their years given the volume and variety of work that they do. Their insight on market practice and customary commercial positions facilitates negotiations and quicker closings. We have found that they value relationships and to that end they are flexible on fees without affecting the quality of advice and work product.’

‘Hemang Parekh – is very calm and collected even during heated negotiations, always open to suggestions and feedback and will take pains to ensure that clients are satisfied with quality and costs.’

‘Aninda Pal – a young partner who have a wealth of experience and also very calm and disarming personality while dealing with aggressive counterparties.’

Key clients

ReNew Power Private Limited

Kotak Investment Advisors Limited

National Investment and Infrastructure Fund

i3 Verticals, Inc.

Quality Care India Limited

Eurofins Advinus Limited and Eurofins Advinus Biopharma Services India Private Limited

Vyom Labs Private Limited

Auto Hangar (India) Private Limited

IndiaMart IntermeshLimited

Gupshup Inc., USA

Arrina Education Services Private Limited

FINN Partners Limited

Appnit Technologies Private Limited

Seniority Private Limited

Helmier Private Limited

Imagicaaworld Entertainment Limited

OmniActive Healthcare Technologies Limited

CK Jaipuria Group

Bluebrahma Clean Energy Solutions Private Limited

Conflux Technologies Private Limited

Breakbounce India Private Limited

Emmvee Photovoltaic Power Private Limited

Statkraft IH Holding AS

IDP Education

Quest Global Group, Singapore

Syntizen Technologies Private Limited

Garagepreneurs Internet Private Limited and Quadrillion Finance Private Limited

Navanc Data Sciences Private Limited

Dynamic India Fund S4 US I, India Advantage Fund S4 I and India Advantage Fund S5 I (funds managed by ICICI Venture)

Planet Holding Limited, UK

CapitaLand Group (Ascendas)

Excel Controlinkage Private Limited

M2P Solutions Private Limited

Aequs Private Limited

Finsight Business Solutions

Kewaunee Labway India Private Limited

Positive Conversations Private Limited

Bizloan Private Limited

SA Global

Cybercity Builders & Developers Private Limited

M/s. Vishal Enterprises

Tenshi Kaizen Private Limited

Entropik Technologies Private Limited

Work highlights

  • Advised ReNew Power Private Limited (“ReNew”) in relation to its joint venture with Mitsui & Co., Ltd. Japan (“Mitsui”), whereby Mitsui (through its wholly owned subsidiary) has acquired 49% stake in ReNew’s 1,300 MW capacity RTC (round-the-clock) project (“Project”).
  • Advised Kotak Investment Advisors Limited (“KIAL”), in relation to the investment of USD 500,000,000 (US Dollars Five Hundred Million only) by a wholly-owned subsidiary of Abu Dhabi Investment Authority (“ADIA”), in Kotak India Commercial Real Estate Fund IFSC (“GIFT Fund”).
  • Advised TPG backed Quality Care India Limited (“CARE”) in relation to the acquisition of (i) Convenient Hospitals Limited (“CHL”); (ii) Heartcare Institute & Research Centre (India) Private Limited (“HIRC”); (iii) imaging business of Convenient Imaging Solutions, a partnership firm (“CIS”); and (iv) pharmacy business of Central India Pharmacy, a partnership firm (“CIP”) (collectively “CHL Group Entities”).

Luthra and Luthra Law Offices India

With offices in major cities across India and the recent merger with Atlas Law Partners, Luthra and Luthra Law Offices India demonstrates in-depth expertise across the energy, technology, and healthcare industries, frequently handling complex M&A activity and corporate advisory matters. The team is especially experienced in advising buyers and sellers on a range of share purchase and asset purchase transactions involving private and public listed companies. Mumbai-based Nishant Singh is an expert on fund and venture capital work, and Jay Parikh focuses on corporate restructurings. In New Delhi, Navin Syiem has deep experience of assisting clients on multi-currency and multi-sourced financings.

Practice head(s):

Harish Kumar; Navin Syiem; Shinoj Koshy; Vivek Agarwal; Vipin Sharma; Deepak THM; Jay Parikh; Nishant Singh; Piyush Mishra; Shonali Choudhry; Sudipta Routh; Vasudev Dibbur

Other key lawyers:

Itee Singhal; Chhavi Jhanji; Sidhartha Jatar; Nikhil Bhat

Key clients

Arcelor Mittal SA

Interviewbit Technologies Private Limited

Data Glove IT Solutions Private Limited and Data Glove Incorporated

Tripmoney Fintech Solutions Private Limited (TripMoney)

Honasa Consumer Private Limited (Mamaearth/ HPCL)

O2 Power

Shriram Pistons & Rings Limited

Minda Corporation Limited

Shri Jagannath Steels & Power Limited

National Medical Billing Services, L.L.C.

Livent Corporation

Pangram Brands Private Limited (Pangram)

Medi Assist Insurance TPA Private Limited

Digimro Distribution Private Limited (Moglix)

Berkeley Energy Wind Mauritius Limited (BEWML)

Globalbees Brands Private Limited

Squadhex Pharma Services LLP

Upwards Fintech Private Limited

LoanTap Financial Technologies

Molson Coors

Work highlights

  • Acted for and advised Scaler in connection with its 100% acquisition of an online learning platform, AAIC Technologies Private Limited (Applied Roots).
  • Advised Shriram Pistons & Rings Limited (SPRL) and its subsidiary SPR Engenious Limited (SEL) for the proposed acquisition by SEL of 75% shareholding in Takahata Precision India Private Limited from Takahata Precision Co. Ltd. and Takahata Precision Pte. Ltd. at an enterprise value of INR 222 crores.
  • Acted for and advised Medi Assist Insurance TPA Private Limited (“Medi Assist”), in relation to its acquisition of 100% stake in Raksha Health Insurance TPA Private Limited (“Raksha”).

Dentons Link Legal

Displaying ‘strong professional ability’ in the corporate and M&A field, the Dentons Link Legal team frequently advises on transactions in the infrastructure, e-commerce, TMT, and energy sectors. The M&A practice collaborates closely with the firm’s insolvency and restructuring practice on the acquisition of stressed assets deals, along with routinely assisting funds and private equity companies with investments and regulatory concerns. Based in Mumbai, co-head Nusrat Hassan has vast experience of advising international clients on structuring transactions and complex disputes, whilst Anand Srivastava co-leads the group from New Delhi, specialising in joint ventures and project finance matters. Anuj Trivedi focuses on corporate restructurings, and Milind Jha is an expert on capital markets and general commercial issues. Namita Das concentrates on insolvency and bankruptcy proceedings, and Ambuj Sonal handles strategic alliances and cross-border investments.

Practice head(s):

Nusrat Hassan; Anand Srivastava

Other key lawyers:

Anuj Trivedi; Milind Jha; Ketan Mukhija; Namita Das; Santosh Pai; Vinu Peter Immanuel; Ambuj Sonal; Pradnesh Warke; Amit Bhatnotra


‘The is very responsive and capable in connection with all the complex transactions.’

‘Nusrat from Mumbai office and Dr Rajesh from Delhi office are great.’

‘The team has rich experiences in M&A projects, not only familiar with Indian local laws, but also familiar with the procedures of major asset restructuring projects of listed companies in China, and able to provide legal support.’

‘Strong professional ability, high efficiency, good communication skills.’


Key clients

Navkar Corporation

Precious Alloys Private Limited

Auctus Advisors

Doncasters Group of Companies

Paramount Polymers Private Limited

Digiexpress Trade Private Limited

March Work Private Limited

NTPC Limited and SBI Capital Markets Limited

Malpani Group

Howen International Fund SPC

Majmudar & Partners

Demonstrating extensive expertise in handling strategic and public M&A, joint ventures, and corporate governance matters, Majmudar & Partners regularly acts on behalf of global and domestic corporations. The team is especially strong within the life sciences, tech, and e-commerce industries, boasting a robust track record in dealing with complex corporate restructurings and shareholder rights protection issues. The group is jointly led from Mumbai and Bengaluru, with Akil Hirani and Rukshad Davar specialising in business transfers and cross-border M&A, and N. Raja Sujith being an expert in the tech sector. Former partner Amrit Mehta left the firm in September 2022 to join IndusLaw.

Practice head(s):

Akil Hirani; Rukshad Davar; N. Raja Sujith


Solid, practical advice.

Key clients

Proskauer Rose LLP acting as global counsel to Arkema Inc.

Edgewater Capital Partners and SK Capital Partners

Buchanan Technologies, Inc.

Industria Chimica Adriatica S.p.A.

STIC Investment and Mainstreet Digital Life IV Pte. Ltd.

Transaction Network Services India Private Limited/ Transaction Network Services, Inc.

Wacoal Corporation

LifeWorks (Canada) Ltd.

Dan Caballero

InsentApp India Private Limited (ZoomInfo International LLC)

Centre Lane Partners, LLC/ Bedding Acquisition LLC

Five Elms Capital Management, LLC

Work highlights

  • Advised Edgewater Capital Partners and SK Capital Partners on the acquisition of the scintillation and photonic crystals business of Saint-Gobain, S.A., the French multinational.
  • Advised Buchanan Technologies, Inc., an IT services leader, on the acquisition of the Oracle technology and applications service business of Infosense Global Inc.
  • Assisted Industria Chimica Adriatica S.p.A., a leading Italian manufacturer of paints, varnishes and similar coatings, printing ink and mastics, in evaluating the implications of global restructuring on its Indian JV company.

Phoenix Legal

Phoenix Legal offers in-depth experience in providing advice on corporate, regulatory, and corporate governance matters across a wide range of spaces, ranging from infrastructure to healthcare. The firm displays skill in handling multi-jurisdictional M&A and business restructurings, along with assisting corporations on investment models which ensure a beneficial tax structure. Operating out of New Delhi, Manjula Chawla focuses on corporate finance and joint ventures, Saket Shukla specialises in strategic advisory work, and Abhishek Saxena’s practice includes insolvency and restructuring matters. Pranav Srivastava is an expert on the technology and life sciences sector, whilst from Mumbai, co-founding partner Sawant Singh has expertise in private equity and project finance work. Akshay Sachthey is also noted as a key lawyer.

Practice head(s):

Manjula Chawla; Saket Shukla; Abhishek Saxena; Sawant Singh; Pranav Srivastava

Other key lawyers:

Akshay Sachthey; Chandni Chawla; Kripi Kathuria; Aditi Sharma


‘Phoenix Legal has been our ‘ long-standing “go to” advisor for all India foreign direct investment, M&A, banking, regulatory, and general commercial matters. Blessed with a team of first class lawyers in Delhi and Mumbai, Phoenix always deliver and a pleasure to work with even on extremely demanding and complex matters.’

‘Saket Shukla is brilliant, razor-sharp and hands-on. He knows exactly what clients want and has the innate ability to navigate the myriad of India laws with consummate ease.’

‘Sawant Singh is recognised as one of the best financing lawyers in India – he impresses with his formidable expertise, solutions-focus approach and impeccable advice.’

‘Pranav Srivastava is an excellent lawyer who provides sound commercial advice and first-class service. He impressed on Navis’ recent divestment of its tertiary education business.’

‘Aditi Sharma is a rising star and one to watch. She is part of Phoenix’s “A Team” and is highly regarded for her commercial-mindedness and work ethic.’

Key clients



Definitive Healthcare LLC


Howden Broking Group Limited

Cians Analytics Private Limited

The Royal Institute of Chartered Surveyors (RICS)

Sunflag and Iron & Steel Company

Pine Labs

YARA Growth Venture AS

Samvad Partners

Headed by both Vineetha MG and Natasha Mahajan, the team at Samvad Partners has vast expertise in dealing with domestic and international M&A. The firm’s practice leverages the experience of its group of corporate specialists when advising clients from across the healthcare, fintech, and financial services industries. Mumbai-based MG specialises in handling joint ventures and business restructures, whilst from Hyderabad, Ekta Bahl routinely assists entrepreneurs, lenders, and investors. In Bengaluru, Neela Badami focuses on strategic investments, Mahajan is an expert on banking and finance transactions, and New Delhi-based Ashwini Vittalachar is focused on private equity exits.

Practice head(s):

Vineetha MG; Natasha Mahajan


Other key lawyers:

Ekta Bahl; Neela Badami; Ashwini Vittalachar; Manu Varghese; Junaira Rahman; Neha Mirajgaoker; Gauri Khanna; Riddhima P Murjani; Pratik Patnaik; Nitya Gupta; Narayan Gupta; Tarunita Deol; Ketaki Dandiya; Anahita Iyer; Jyotsana Uplavdiya


‘Sound fundamentals. Easy to work with. Flexible team. Solution oriented rather than being litigative for the sake of it.’

‘Worked primarily with Neha Mirajgaokar and Aparna Ravi. They were very approachable, and it was easy to build a personal rapport. I liked their willingness and ability to understand the business and break down contractual language in business terms, so it was easier to take a decision. They acted as true partners of the business rather than hired guns.’


Key clients

Athera Ventures

Delhivery Limited

Indus Insights and Analytical Services Private Limited

Kaizen Private Equity and Kaizen Domestic Scheme -I

Mahindra & Mahindra Limited

Manipal Health Enterprises Private Limited

Megsan Healthcare Private Limited and Megsan Diagnostics Private Limited

PB Fintech Limited (‘Policy Bazaar’)

Sadguru Healthcare Services Private Limited

Sense Talent Labs, Inc

Wipro Enterprises Private Limited

Work highlights

  • Handled the acquisition by PB Fintech Limited of 70.10% of the outstanding share capital of Myloancare from certain existing shareholders.
  • Advised on the acquisition of iGenetic by the Manipal Group, one of the most significant strategic acquisitions in the diagnostic space.
  • Advised Sadguru Healthcare Private Limited (‘Oasis’) with respect to a transaction that provided for an exit to their existing investor, InvAscent by the sale of their shares to an incoming investor, Kedaara Capital.

Talwar Thakore & Associates

Representing clients from across the renewables, pharma, and fintech sectors, Talwar Thakore & Associates is highly regarded for providing end-to-end advisory and transaction support on corporate and M&A matters. The firm shows considerable strength on the whole spectrum of corporate issues, including joint ventures, private equity investments, and demergers, with New Delhi-based joint managing partner Gautam Saha frequently advising Indian corporates, multinationals, and PE funds. From Mumbai, Kunal Thakore co-heads the group, specialising in corporate restructurings and delistings, whilst Feroz Dubash is an expert on public and private acquisitions.

Practice head(s):

Gautam Saha; Kunal Thakore

Other key lawyers:

Feroz Dubash; Sachin Mehta; Amrita Patnaik; Dushyant Bagga; Neville Golwalla; Deepa Christopher


‘In-depth knowledge, ability to understand a client’s business and provide tailored relevant advice.’

‘Gautam Saha is an extremely sharp and practical lawyer and has the ability to grasp issues very quickly and provides solution-oriented advice.’

‘The response time of the team is very impressive. Also, while legal solutions, the team tries to give a practical advice which is very important for in-house counsels.’

‘Have worked with Gautam Saha and truly impressed with his practical solution-oriented approach. While rendering advise he does take into consideration the business realities of the client and advises accordingly.’

Key clients


ATC Telecom Infrastructure Private Limited

Atlas Copco


Bajaj Auto Limited

Bharti Group

Brookfield Group

Cisco Systems, Inc.

Dabur Limited

Dalmia Bharat Refractories Limited

DSP Investment Managers Private Limited


Generali Group

Genworth Financial Inc.

Health Care at Home

HSBC Corporation

Johnson & Johnson

Madison Group

Nokia Group


ORIX Corporation

Sanofi Group


Sunlife Financial


Vedanta Limited

Work highlights

  • Advised HSBC on its acquisition of L&T’s mutual fund business.
  • Advised ATC Telecom Infrastructure Private Limited (“ATC”) in its investment of USD 196 million in Vodafone Idea Limited (“VIL”) towards subscription of up to 16,000 unsecured, unrated, unlisted, optionally convertible debentures in one or more tranches, which are convertible into equity shares at a conversion price of Rs. 10 per equity share.
  • Advised Dabur India Limited in its proposed purchase of 100% of the share capital of the Badshah Masala Private Limited from its shareholders by way of (i) purchase of 51% share capital of the Company from certain existing shareholders in the first instance (“First Tranche Acquisition”); and (ii) purchase of the remaining 49% stake, subsequently, based on timelines agreed between parties (“Second Tranche Acquisition”).

Vaish Associates

Vaish Associates specialises in all facets of M&A, with significant strength in advising tech companies, private equity funds, and pharma corporations on regulatory compliance, taxation, and foreign exchange laws. Mainly operating out of Mumbai, Bomi Daruwala is an expert on corporate finance and restructurings, Martand Singh is knowledgeable on foreign investment matters, and both Sandhya Iyer and Hemant Puthran have experience of dealing with joint ventures and corporate transactions. From New Delhi, Vinay Vaish focuses primarily on cross-border M&A and corporate issues.

Practice head(s):

Bomi Daruwala; Vinay Vaish; Martand Singh; Sandhya Iyer; Hemant Puthran

Other key lawyers:

Krishna Kishore; Amitjivan Joshi; Manish Tully; Avik Karmakar; Yatin Narang; Shrinivas Sankaran; Saheb Singh Chadha


‘Unique set of knowledgeable people stands out with Vaish. They have been supporting us with innovative legal solutions for several situations. With every change in our legal department, Vaish has been patient enough for handing over and also the transition has been smooth.’

‘Hemant and Krishna Kishore, are the two lawyers at Vaish with whom I work directly with. They both are mindful and prompt in supporting Firmenich, be it in corporate law related matter but also for many compliance related matters as well.’

Key clients

Marico Limited

Aditya Birla Group

Hindustan Unilever Limited

JSW Steel Limited

First Solar India Private Limited

Continental India Limited

Vishvaraj Infrastructure Limited

UltraTech Cement Limited

Medix UK


ALMT Legal

ALMT Legal is vastly experienced in dealing with domestic and cross-border corporate transactional work, ranging from joint ventures to management buyouts. With a client-base which includes corporations from across the tech, consumer goods, and trading fields, the team leverages the expertise of other groups within the firm to deliver advice on corporate and tax law, along with foreign exchange regulations. Aliff Fazelbhoy co-heads the practice from Mumbai, specialising in capital markets transactions, whilst in Bengaluru, S.R. Arun co-leads the division, offering private equity and venture capital expertise. Ryna Karani is an expert on assisting clients with investment funds, and Statira Ranina handles asset transfers.

Practice head(s):

Aliff Fazelbhoy; S.R. Arun

Other key lawyers:

Ryna Karani; Statira Ranina; Dhanya Menon; Rajat Bopaiah; Vaishakh Kapadia; Siddhi Ghatlia; Vishal Vora; Amishi Vira; Puneet Mishra


‘They work closely with clients and customize services to meet the need.’

‘I was introduced to their partners and one of the founders of ALMT. They are all exceptional in term of reputation, connections and legal advice. ’

They are knowledgeable and quick to respond. And they work with the spirit of making things happen, and without taking risks.

Key clients

Archroma group

Sanghvi Beauty & Technologies Private Limited

Work highlights

  • Advised Luxeva India Private Limited in structuring its acquisition of 100% of BulbulTV from its holding company, drafting, reviewing, revising and negotiating the share purchase agreement.
  • Advised Sanghvi Beauty & Technologies Private Limited (“Investor 1”) for setting up an equity joint venture with an entity of a celebrity, along with drafting, negotiating, and finalising the joint venture agreement between the parties.
  • Advised Sanghvi Beauty & Technologies Private Limited in drafting, reviewing, revising and negotiating the share subscription cum shareholders agreement for investment of INR 187 Million by investors like SCI Investments VI-I, Leo Capital Fund 1, IE Venture Fund 1, and others (“Investors”).

Clasis Law

Handling the whole gamut of corporate transactions, spanning from M&A to regulatory compliance, the Clasis Law practice is highly regarded by corporations within the information technology and aviation spaces. The team also has extensive experience of in governing all aspects of joint ventures, with co-head Vineet Aneja offering deep experience in this space. The other co-heads, Neetika Ahuja and associate partner Dinesh Gupta, specialise in general corporate and regulatory matters, with the whole team operating out of New Delhi.

Practice head(s):

Vineet Aneja; Vikram Bhargava; Neetika Ahuja

Other key lawyers:

Dinesh Gupta

Fox Mandal & Associates

Demonstrating strong expertise in complex cross-border M&A, domestic corporate transactions, and strategic joint ventures, the team at Fox Mandal & Associates regularly acts on behalf of both start-ups and multinationals. In Chennai, Jeevanandham Rajagopal specialises in foreign investment and joint venture matters, whilst Hyderabad-based Purnima Kamble focuses on general corporate issues. From Bengaluru, Sathya Prasad concentrates on corporate compliance, and in Kolkata, both Orijit Chatterjee and Shourya Mandal are noted for their corporate restructuring and real estate work.

Practice head(s):

Jeevanandham Rajagopal; Sathya Prasad T; Purnima Kamble; Orijit Chatterjee; Shourya Mandal; Shuva Mandal; Rajesh Vellakkat

Other key lawyers:

Vidya Pawar


‘We worked with FM on Merger & Acquisition related matter. Every member in their team is absolutely professional that their expertise in the particular field helped us in solving the issue without any inordinate delay. This being long journey they were always persistent and made themselves available whenever needed and kept us aligned on track throughout the matter. FM has wide global presence and hence helped us in coordinating with their local attorneys for better legal solution and faster adjudication based on cognizance of the matter involved.’

‘We were working with Rajesh Vellakkat’s Team which includes Padma Sinha and Pallavi. Throughout the journey Rajesh was more accountable and analytical with great vision and deep understanding and expertise in the field and helped us in making quick decisions. The team helped us in making appropriate action and enabled us in understanding the consequences behind the same. Padma& Pallavi have made themselves always approachable and helped us understand the legal background behind very action whenever needed.’

Key clients

ACPL Systems Private Limited (India), ACPL Pte. Ltd. (Singapore) and their Promoters

Testbook Edu Solutions Private Limited and its Promoters

Zeta Holdings GmBH and Zeta GmBH.

Randa India LLC and Randa Accessories LLC

Anon Food & Beverages Private Limited

Demopolis Equity Partners LLC

Presto Info Solutions Private Limited

Uttez Digital India Private Limited

Plaza Premium Group

NTC Group (including NTC Logistics India Private Limited)

Veego Pharma, LLC and group

LBR / RBL Group, India and UK

Group IPS NV

Halma PLC

Social Beat

Heat & Control Group, India and Australia

Visual Data Media Services Private Limited and VDMS Solutions Private Limited

CGI Information Systems And Management Consultants Private Limited

Kaar Technologies India Private Limited

Provigil Surveillance Limited and iVIS International Private Limited.

Switz Foods Private Limited & its Overseas Shareholders.

Agilisium LLC

E2open Software India Private Limited

The Good Stuff Private Limited (formerly, Global Consumer Products Private Limited) and its Promoters

PS Vinayak Group Software India Private Limited


Adamas Clinical Quality Consulting Pvt Ltd.

MObisy Technologies Private Limited

Amba Highrise Private Limited / Ernst & Young

Ubique Digital Limited

Work highlights

  • Advised Testbook Edu Solutions Private Limited and its promoters in the takeover of Testbook Edu Solutions Private Limited by Classplus (Bunch Microtechnologies Private Limited) through a share swap arrangement.
  • Advised Demopolis Equity Partners LLC on significant investment in Tyfone India Private Limited and merger of Tyfone India Private Limited with Cubus Solutions Inc (and its Indian subsidiary, Cubus Banking Solutions Private Limited).
  • Advised The Good Stuff Private Limited (formerly, Global Consumer Products Private Limited), brand owner of LuvIt Chocolate and confectionary, and its shareholders, in the takeover of The Good Stuff Private Limited by the Dharampal Satyapal Group (DS Group).

Krishnamurthy and Co

Representing multinationals from across the manufacturing, IT, and infrastructure sectors, Krishnamurthy and Co’s corporate and M&A offering covers all aspects of transactional and advisory mandates. The team displays considerable strength in private equity and venture capital investments, with Mumbai-based founding partner, Naina Krishna Murthy specialising in corporate law and joint venture matters. Rukmini Roychowdhury has vast experience of executing M&A and financing transactions, whilst in Bengaluru, Shwetambari Rao is an expert on corporate restructurings. Christopher Rao, who was promoted to partner in April 2023, handles debt financing issues.

Practice head(s):

Naina Krishna Murthy; Shwetambari Rao; Rukmini Roychowdhury

Other key lawyers:

Christopher Rao


‘K-law are a very good law firm who have advised MIQ for a number of years on both day-to-day client contracts for our Indian programmatic advertising business and corporate transaction/securities matters.’

‘Very responsive.’

‘Ms. Naina Krishna, Ex-Managing Partner, is always hands-on and puts efforts to maintain and improve the client relationship.’

‘Mr. Alok Sonker is our go-to partner on investment transactions in India. He is capable and willing to listen to our objectives and to come up with practical solutions.’


Key clients

Biocon Biologics Limited

Ingersoll Rand Inc.

Reliance Industries Limited

One Media 3.0, LLC (Sinclair Broadcast Group)

Active Intelligence Pte. Ltd.

Captronic Systems Private Limited

Nova Pulse IVF Clinic Private Limited

Quantilus Innovation Inc.

Electricway Solutions Private Limited

MiQ Digital Limited

Infivention Technologies Private Limited

Zast Logisolutions Private Limited

Work highlights

  • Assisted Biocon Biologics Limited in relation to its acquisition of Viatris Inc. for approximately INR 3.3 Billion.
  • Acted in Ingersoll Rand Inc’s acquisition (through its affiliate Ingersoll-Rand Industrial U.S. Inc.) of Everest Blowers Private and Everest Blower Systems Private Limited.
  • Advised Reliance Industries Limited on its acquisition (through its wholly owned subsidiary RNESL) of a 40% stake in Sterling and Wilson Solar Limited through a combination of primary investment, secondary purchase, and open offer for an approximate total consideration of USD 385 million.

Nishith Desai Associates

Benefitting from a global network, Nishith Desai Associates offers key corporate and transactional advisory practitioners specialising in multi-jurisdictional M&A. The team demonstrates significant strength in tax and regulatory compliance, routinely advising financial institutions, private equity firms, and foreign governments. In the Mumbai office, Nishchal Joshipura handles complex private debt deals, Harshita Srivastava focuses on joint ventures, and Ratnadeep Roychowdhury is an expert on corporate disputes, while inn Bengaluru, Huzefa Tavawalla has experience in asset acquisitions.

Practice head(s):

Vaibhav Parikh; Nishchal Joshipura; Harshita Srivastava; Ratnadeep Roychowdhury; Huzefa Tavawalla; Basava Rao

Other key lawyers:

Khyati Dalal; Anirudh Arjun


‘The team is very detail oriented – they do not let anything slip through the cracks.’

‘From what I’ve seen the mentorship and opportunities provided to juniors is great.’

‘Overall a good team to work with.’

Key clients

GIC (Government of Singapore Investment Corporation)

British Columbia Investment Management Corporation

American International Group, Inc. (AIG)

Berkshire Hathaway

Beazley Group

Goldman Sachs

Teachers Insurance and Annuity Association of America (TIAA)

Siemens AG

Kion AG-Dematic Corporation

ReNew Power

Morgan Stanley



Tiger Global Management, LLC

Madison India Capital

Gulf Capital

Steadview Capital

Marshall Wace


Exor Capital

Albea Group

Max Healthcare

Zensar Technologies

Korean Overseas Infrastructure & Urban Development Corporation


Naspers Ventures B.V.

Work highlights

  • Advised British Columbia Investment Management Corporation on the legal, tax and regulatory aspects of their investment in Cube Highways Trust, India’s largest road listed InvIT.
  • Advised Evertech Holdings Pte Ltd (largest selling shareholder for shareholding of 82.31%) in their exit from Acqueon Technologies Private Limited.

P&A Law Offices

Counting leading multinationals and blue-chip Indian conglomerates amongst its key clients, the P&A Law Offices practice is well versed in managing multi-jurisdictional M&A and joint venture matters. The team is experienced in acting on behalf of private equity and venture capital investors, with Mumbai-based Supreme Waskar bringing expertise on securities and foreign exchange laws to the group. From New Delhi, Anand Pathak is renowned for his handling of M&A and dispositions, Shashank Gautam routinely advises clients on diverse competition and corporate law matters, whilst Nakib Syam focuses on project finance.

Practice head(s):

Anand S. Pathak; Shashank Gautam; Nabik Syam; Supreme Waskar

Other key lawyers:

Vibhuti Kochhar


‘Very responsive and technical. They bring a global perspective to Indian transactions, which is invaluable for companies based on other parts of the world.’

‘Anand Pathak and Vibhuti Kochar are both excellent. We’ve been pleased with every lawyer we have used at P&A, but Anand and Vibhuti standout for their business acumen, technical expertise and responsiveness.’


Key clients


IL&FS Energy Development Company Limited

Schneider Electric

Luminous Power Technologies Private Limited

Graycliff Partners

Nielsen IQ

UTI Infrastructure Technology and Services Limited

Tata Steel Limited

Work highlights

  • Represented IL&FS on the sale of its iconic headquarters in Bandra Kurla Complex, Mumbai, for a sum of INR 1,080 Crore (USD 132.4 Million).
  • Represented and advised IL&FS and its group entities on the sale of 100% of the issued share capital of Ramagiri Renewable Energy Limited and certain fixed assets by IL&FS Energy Development Company Limited to Maithan Alloys Limited.
  • Represented and advised IL&FS and its group entities on the sale of 100% of the issued share capital of Ramagiri Renewable Energy Limited and certain fixed assets by IL&FS Energy Development Company Limited to Maithan Alloys Limited.

Singhania & Partners LLP

New Delhi-based Singhania & Partners LLP is ‘extremely responsive and helpful’, handling all aspects of M&A, joint venture arrangements, and foreign direct investments. The group has vast experience of representing venture capital and PE funds, with the founder Ravi Singhania routinely negotiating contracts for complex transactions, and Dipak Rao specialising in tech transfer and data privacy matters. Manish Kumar Sharma focuses on general corporate advisory work, whilst Gunjan Gupta is an expert on foreign exchange laws.

Practice head(s):

Ravi Singhania; Dipak Rao; Manish Kumar Sharma; Rudra Srivastava; Gunjan Gupta

Other key lawyers:

Abhinav Jain


‘Singhania is my go-to when we need legal support in India. They are always extremely responsive, and helpful. Their knowledge and collaboration for corporate and M&A matters are excellent and we would recommend them.’

‘Extremely responsive, efficient and cost-effective. Very easy team to work with, and their guidance has always been valuable.’


Key clients

Satluj Jal Vidyut Nigam Limited

Vogel AG Switzerland

Ness USA Inc.- USA

Blink Commerce Private Limited

Volvo Auto India

Semtech Corporation USA

Tupperware India Private Limited

Dellner Bubenzer India Private Limited

CP Kukreja & Associates

S&P Global Inc.-USA

Italmatch Chemicals India Private Limited

McGraw Hill-UK

Quantum Holding UK Bidco Limited-UK

Samavedi – Family Trust

Wings Biotech LLP

ABS Industrial Verification (India) Private Limited

Global Study Technology-UK

ABSG Consulting Inc. USA

Cooper Turner Beck


Work highlights

  • Advised Satluj Jal Vidyut Nigam Limited (SJVN) in the restructuring of their business operations.
  • Assisted Vogel AG Switzerland on sale of its stake in a Joint Venture Company.
  • Assisted Ness USA Inc.- USA on applicable corporate laws during acquisition of a company in India.

Spice Route Legal

Co-headed by Mumbai-based Praveen Raju and Bengaluru-based Mathew Chacko, the Spice Route Legal team consistently advises companies and investors across the tech, energy, and pharma sectors. The team showcases broad corporate expertise, covering complex cross-border M&A, corporate restructurings, and direct investments. Raju is an expert in the private equity space, whilst Chacko is a specialist on corporate law matters and M&A. Senior associates Renuka Abraham and Janhavi Joshi concentrate on pre-merger competition law and transactions in sustainability and alternative energy.

Practice head(s):

Praveen Raju; Mathew Chacko

Other key lawyers:

Renuka Abraham; Janhavi Joshi


‘Very responsive. Understanding of our needs. Knowledgeable. Always deliver on time. Reasonable in their fees. Team has deep knowledge of expert area.’

‘Praveen – founding partner – very hardworking, always smiling, very clear in thoughts person. Listens to our need well and guides the team to execute well. We are lucky to have him and work with his team.’



Key clients



Aditya Birla Capital

Ananta Capital

Balchem Corporation

Entertainment 18

Culbro Helix Investments LLC

Esco Micro

JAS Worldwide


MLR Auto

Neogen Chemicals

Ohmium International

Pillow Fund

Seclore Technology

Sensehawk Inc.

Urban Company


Zenfold Ventures

Work highlights

  • Advised US-based SenseHawk Inc on the $32 million sale of an approximately 79% stake in the company to Reliance Industries.
  • Assisted Ananta Capital, the investment arm of Famy Care Group, on its $21.4 million majority control investment into Springwel Mattresses Private Limited, India’s leading mattress manufacturer and sleep solution brand.
  • Advised Urban Company and its co-investor Acko on their investment into Vivish Technologies Private Limited, which operates the widely known community management app, MyGate.

Tatva Legal

Covering the full spectrum of transactional and regulatory work, Tatva Legal has vast experience in industries ranging from banking and finance to energy and infrastructure. The practice is especially strong at dealing with complex domestic and cross-border M&A, corporate restructurings, and joint ventures, with Bengaluru-based Dilip N.K. being an expert on project finance and private equity matters. S. Raghu Nandana focuses on corporate compliance and commercial transactions, whilst in Mumbai, Anu Iyer is knowledgeable on venture capital funds. In New Delhi, Avinash Mody specialises in formulating entry strategies, and from Chennai, Santosh Ukkur provides general corporate advice.

Practice head(s):

N.K. Dilip; Avinash Mody; Anu Iyer; Santosh Ukkur

Other key lawyers:

S. Raghu Nandana; Rashmi Talukdar


‘The team is excellent as to its expertise and client care. They provide very practical advice in timely manner, well considering the reality of business based on their deep understanding for the history and business of the joint venture company. Their responsiveness is always very good.’

‘Mr. Avinash Mody, a partner who leads the team, is excellent for negotiation with the counterparts, and leads the team well which has strength described above. Mr. Pawan Kumar, who primarily leads the negotiation, has deep understanding on the issue and, under the supervision of Mr. Mody, always provides practical advice in timely manner.’


Key clients

Spicaworks India Private Limited

Mantri Developers Pvt. Ltd.

Metlife International Holdings, LLC

Dorf Ketal Group

Trentar Group

Yapp Digital

Alcopop Spirits LLP (Mr. Vidur Rela one of the founding partners of Alcopop)

Ecomoney Insurance Brokers

Novartis Healthcare Private Limited

PepsiCo Global Business Services India LLP


CtrlS Data Centres Limited

Suven Pharmaceuticals

IKEA India Private Limited

Accenture Solutions Private Limited

Avenue Supermarts Limited (D-Mart)

Ramky Estates and Farms Limited

JM Financial Credit Solutions Limited

Work highlights

  • Acted for Sellers, in reviewing and revisions of transaction documents, and negotiated and assisted in closing the transaction when Marvel Group acquired a 100% stake in SpicaWorks India Private Limited.
  • Provides general advisory in relation to corporate and employment law requirements to Novartis Healthcare Private Limited.
  • Assisted PepsiCo Global Business Services India LLP by providing extensive end-to-end services with respect to their employment law and general advisory requirements.

Chadha & Co

Based out of New Delhi,  Chadha & Co has in-depth knowledge of handling corporate transactions, ranging from joint ventures, M&A, and structuring complex shareholder agreements. Frequently representing clients from across the automotive, finance, and energy industries, the practice leverages the broad expertise of its partners to provide regulatory and transactional support. The firm is jointly led, with Rahul Chadha being an expert on private equity matters, Ashish Gupta handling foreign collaborations, and Neeraj Prakash bringing extensive knowledge on foreign direct investment to the group.

Practice head(s):

Rahul Chadha; Neeraj Prakash; Ashish Gupta

Key clients

Hitachi Ltd., Japan

Hitachi Power Europe GmbH

Shindengen Electric Manufacturing Co. Ltd.

GHESA Ingenieria y Tecnologia, S.A.

RTB House

Best Auto Private Limited

Cognivity Ai Sweden Ab

Ocean’s group Asia Limited

Swedish Chamber of Commerce India

Kept Tax and Advisory LLC

TPF Engineering Private Limited

YMER Renewable AB – Sweden

Agardsdotter & Co. AB

Work highlights

  • Advised Agardsdotter & Co. AB regarding a joint venture deal for setting up a resort in India.
  • Advised Ymer Technology AB and Kanak AB on the restructuring of its Indian subsidiary.

Chandhiok & Mahajan, Advocates and Solicitors

With clients ranging from major conglomerates to government and financial institutions, the team at Chandhiok & Mahajan, Advocates and Solicitors handles complex M&A and private equity investments. The team has particular expertise in advising government and public sector enterprises in their strategic disinvestments, with New Delhi-based Pooja Mahajan being a specialist in in-bound and out-bound investments. Sujoy Bhatia is knowledgeable on asset sales and buy-outs, and Lovejeet Singh focuses on general corporate work. In Mumbai, Shafaq Uraizee Sapre is an expert on joint ventures having joined the firm in June 2023, and from Bengaluru, Kaushalya Venkataraman concentrates on venture capital and private equity matters.

Practice head(s):

Pooja Mahajan; Sujoy Bhatia; Shafaq Uraizee Sapre; Kaushalya Venkataraman; Lovejeet Singh

Other key lawyers:

Nishant Sogani; Megha Pathak; Priyanka Biswas; Aayushi Jain; Ashu Bhargav


‘Overall, it has been great working with C&M! We are a technology company in the AgeTech & HRTech space. C&M helped us do extensive legal research so that we could launch our business and has continued to support us in various legal matters like contracts, Terms of Service for our platform etc.’

‘What makes the professionals at C&M unique is that they truly care, they try to understand your business and what you need and provide legal advice that helps us move forward and not get blocked. They also make an effort to explain everything, especially legal jargon, and are always open to answering questions.’

‘The firm has got expertise on corporate law matters and revert as per the clients’ business exigencies.’

‘I have been working with Sujoy Bhatia, Partner, Head of Corporate /M&A for many years now. He is an expert on corporate law / M&A matters with a solution-oriented mindset. Sujoy and his team member Aayushi Jain are experts on CSR law as well.’

‘ We found C&M team to be well equipped with the understanding and needs for a foreign corporation and pleasantly welcomed their flexibility in working to our timelines to ensure smooth execution all the way. Their services are quite economical and work with billing models that suit the client needs and requirements.’

‘Our primary contact Mr. Sujoy Bhatia has been very proactive in advising us on corporate setup suitable for current as well as future needs. He is quite efficient in understanding the business models and brings the conversation to critical focus areas saving multiple cycles. His grasp on Corporate Law is commendable. Further, we’ve found his associate team notably Mr. Jagrat, Mrs. Priyanka B, Mr. Mitesh, and Ms. Aayushi to be experienced and knowledgeable in various matters including business contracts, payments services, foreign exchange management and other regulatory areas. Overall, the team has been very flexible in working with our deadlines, irrespective of the weekends and holidays as well as open about setting clear expectations.’

Key clients

Indorama Group

Clariant Group

Susquehanna International Group (SIG)

KTC Korea

Radiohead Brands Private Limited


EM3 Agriservices Private Limited

Pernod Ricard India Private Limited

Tata Consumer Products GB Limited


Refex Industries Limited

Chaithanya Integrated Healthcare Private Limited

SEEK Growth Nominees Pty Ltd

Square Peg Pty Ltd

AlmaBetter Edutech Private Limited

Omidyar Networks Mauritius (ON Mauritius)

Developing World Markets (DWM)

Hyundai Motors

Symbiotics SA

Tools for Humanity


Viverati Interactive Private Limited and Poshvine Systems Pte Ltd

Phasorz Technologies Private Limited (dba “Medibuddy”)

Chowgule SBD Private Limited

GR Infraprojects Limited

United States Chamber of Commerce

Ideas 42

Pristine Logistics and Infrastructure Limited

Cognity Life India Private Limited

Bharti Realty

Entertainment City Limited

Iskraemeco India Private Limited

ModAir Aviation IFSC Private Limited

Sarovar Hotels




Work highlights

  • Advised Phasorz Technologies Private Limited (dba “Medibuddy”) on the 100% acquisition of the Indian Health Organization Private Limited (an indirect subsidiary of CVS Inc) from the existing shareholders.
  • Advised Refex Group in acquisition of EMCO Limited as a going concern in liquidation under the provisions of the Insolvency and Bankruptcy Code, 2016.

Dua Associates

Displaying cross-border capabilities, including strong international experience coupled with expertise in domestic laws, the ‘very knowledgeable’ team at Dua Associates has extensive experience of handling complex M&A. The group has practitioners specialising in corporate restructurings and joint ventures, with Gurgaon-based Neeraj Kumar focusing on foreign exchange laws and regulations. In Bengaluru, Manoj Menon is an expert on private equity transactions for renewables companies, whilst in New Delhi, Salil Gulati is knowledgeable on all aspects of corporate and commercial law matters. Prateek Bedi and Sharan Balasubramanian are both noted for their project finance and venture capital work.

Practice head(s):

C.R. Dua; Neeraj Kumar; Manoj Menon; Salil Gulati; Shishir Sharma; Sita Khosla; Siddhartha Kumar; Anish Ghoshal; Sharan Balasubramanian; Prateek Bedi; Munish Sharma


‘The team as a unit is very accommodating and capable. They are well informed and do excellent follow-up.’

‘All individuals we’ve met and conducted business with are extremely professional in their approach to tasks. We trust that our business is well taken care of. We cannot single any one individual out.’

‘Great communication, prompt responses, clear instructions and very knowledgeable.’


Key clients

Desay S V Automotive Singapore Pte Ltd ( Desay)

TVS Motor Company Limited (TVS Motor)

TVS Motor Company Limited and TVS Singapore (TVS Motor)

SNP SE, Germany (SNP)

Blaser Swisslube India Private Limited (Blaser Swisslube)

Fourth Partner Energy Private Ltd

Bel Group

My Personal Health Record Express, Inc. (“mphrX”)

Pavion (formerly Corbett Technologies Solutions Inc.)

SBICAP Ventures Limited’s – SWAMIH Investment Fund I

DBLS E-Services Private Limited

Mahindra Logistics Limited

Greater Pacific Capital

Work highlights

  • Advised Bel Group, a world leader in branded cheese enter in a joint venture with Britannia Industries to develop manufacture and sell cheese and cheese products in India and other markets.
  • Advises Pavion a provider of integrated solutions for fire, safety, security, and critical communications in its acquisition of Netronix Integration.
  • Acted as an advisor to Greater Pacific Capital in relation to its investment and structuring its exit from Enzen Global Solutions Private Limited.

Economic Laws Practice

Based out of Mumbai, Suhail Nathani and Yashojit Mitra co-lead Economic Laws Practice, specialising in all aspects of M&A, entry strategies, and regulatory structuring matters. The team advises domestic and multinational corporations across sectors including automotive, tech, and real estate, with Nathani bringing in-depth knowledge of securities and competition law to the firm’s offering. Mitra is an expert on private equity transactions and New Delhi-based Abhishek Sanyal handles restructurings and reorganisations. Manendra Singh concentrates on strategic alliances and Vinay Butani ‘s expertise lies in foreign collaborations.

Practice head(s):

Suhail Nathani; Yashojit Mitra

Other key lawyers:

Abhishek Sanyal; Manendra Singh; Vinay Butani; Tanvi Goyal

Key clients

Sansaar Housing Finance Limited & Authum Investment & Infrastructure Ltd

National Stock Exchange of India Limited

Reliance Power Limited (“RPL”)

Dubai Ports World

Rays Power Infra Private Limited

Perfect ID India Private Limited

Vonage Business Communications Private Limited

Juris Corp

Juris Corp draws heavily on the knowledge of its banking, capital markets, and project finance departments to advise on the whole spectrum of M&A and regulatory compliance. Boasting a strong track record in acting on behalf of clients in the data privacy, aviation, and pharmaceutical industries, the Mumbai-based co-heads, Jayesh H and Bindiya Raichura specialise in joint venture and private equity work. From New Delhi, Namrta Rai is an expert on foreign investments, and associate Nikhil Gupta is also noted.

Practice head(s):

Jayesh H; Bindiya Raichura; Namrta Rai Sudan

Other key lawyers:

Nikhil Gupta

Key clients

Antwalk Private Limited

Arth Padarth Factors and Finance Private Limited

EODB Services (OPC) Private Limited

Frigorifico Allana Private Limited

Loktantra Mediatech Private Limited

Lupin Limited

Notesgen Technologies Private Limited

VA Tech Private Limited

Work highlights

  • Advised and assisted a FinTech start up, AP Factors in drafting and finalising its Employee Share Appreciate Rights (“ESAR”) policy which was aimed at incentivizing employees of AP Factors.
  • Advised and assisted FAPL, one of the India’s largest exporters of processed food products and agro commodities in establishing its joint venture with the promoters of one of the fastest growing poultry feed manufacturing company in India.
  • Provided investment assistance to Notesgen, wherein it drafted agreements for the transaction such as compulsorily convertible preference shares investment agreement.

Lakshmikumaran & Sridharan

Based out of New Delhi, Lakshmikumaran & Sridharan has vast expertise in all elements of corporate governance and regulatory compliance. Specialising in handling private equity, venture capital transactions, and cross border M&A, the two co-heads, Mathivanan N. and L Badri Narayanan are highly praised for their advice to financial institutions and multinationals. Gaurav Dayal and Kunal Arora are experts on joint venture and capital funds.

Practice head(s):

N Mathivanan; L Badri Narayanan

Other key lawyers:

Gaurav Dayal; Kunal Arora; Noorul Hassan


‘In-depth experience in tax law and mergers and acquisitions During a M&A exercise LKS has made legal advice and way of working a support than strain for a promoter.’

‘Noorul Hassan well varied knowledge and experience and ability to reference it.’


Key clients

National Gas Company (SAOG) Oman

Belgacom International Carrier Services Asia Pte Ltd

Manufacturing Technology Inc.

Fleming Laboratories Limited

IndiaMART Intermesh Limited

Central Warehousing Corporation and Central Railside Warehouse Company Limited

Predible Health Private Limited and its Promoters

Axiscades Technologies Limited


LexCounsel specialises in advising clients on corporate governance, compliance, and M&A, demonstrating significant strength in cross-border deals involving Chinese and US corporations. The firm fields stand-out practitioners, including Seema Jhingan who boasts expertise in foreign exchange control matters, and Alishan Naqvee who is an expert on raising foreign capital for Indian companies. The whole team is based in New Delhi, with Dimpy Mohanty being noted for her knowledge of regulatory compliance issues.

Other key lawyers:

Alishan Naqvee; Dimpy Mohanty; Tanmay Mohanty; Seema Jhingan; Dhruv Manchanda


‘Experienced, efficient and client-centric.’

‘Alishan Naqvee – outstanding performance.’


Ashlar Law

Counting start-ups, SMEs, and major multinationals amongst its key clients,  Ashlar Law is ‘extremely responsive and creative’, delivering tailored advice on cross-border M&A and corporate restructuring. Displaying particular strength in the digital banking, fintech and data privacy spheres, the Mumbai-based co-head Souvik Bhadra is an ‘experienced practitioner’, regularly advising clients on foreign investment and joint ventures. From Bengaluru, Pingal Khan co-leads the group, handling private equity and tax structuring transactions.

Practice head(s):

Souvik Bhadra; Pingal Khan

Other key lawyers:

Shreshta Garge


‘Souvik Bhadra is my first point of contact. Clients are basically irrational and they don’t know what they want. The partners stand out in their ability to understand what the client wants even if they themselves are not sure. They don’t fluff the answers but still make it easy for clients to understand. They go out of their way to make sure clients issues are addressed. It helps to know that someone has my back and not just billing me. Honesty and integrity is what sets them apart.’

‘The team is extremely responsive and creative at finding solutions. The ideas they provide to tackle our legal issues have time and again proven to be fantastic.’

‘The team is very thorough in corporate and M&A practice and have extensive knowhow on deal structuring. The team is capable in negotiating and putting the clients interest at the forefront.’

‘Ashlar Law distinguishes itself from other firms in India by its unsurpassable responsiveness and client service. Ashlar attorneys and staff provide expert legal analysis, make themselves readily available for video and other calls, answer emails promptly, and meet deadlines. These qualities are not routinely found in other firms.’

‘I work with Souvik Bhadra nearly exclusively. Souvik has a keen legal mind and approaches issues in a systematic way that analyzes a matter from all perspectives. He becomes one of the client’s team and treats client cases as if they were his own.’

‘The Ashlar partner, Pingal Khan is very much approachable and knowledgeable about M&A matters. Our tax partners and in-house counsel including global has high value and appreciate his legal expertise on mergers and acquisitions. The team’s expertise in M&A, response time, and on-the-ground support are outstanding.’

‘The team has been particularly sharp in handling restructuring issues including representing the group in merger matters before the NCLT. They are most unique in the way they handle an entire transaction and all its moving pieces and various creditors together in a manner that the company receives a holistic service and can deal with a single point of contact.’

‘Pingal Khan, Partner and Shreshta Garge, Associate; Pingal Khan has vast experience in cross border M&A matters and has been critical in guiding us through regulatory hurdles and always finds the most elegant solutions that reduces our legal risks while ensuring no disruption to our business. Shreshta is incredibly prompt, friendly and thorough with her work and is dependable.’

Key clients

WTW (Willis Towers Watson)

Hindustan Unilever

A5G Networks Inc

Datamatics Group

Digital Green

National Payment Corporation of India

Allied ICD Services Ltd.

MSD India (Merck Sharp & Dohme Ltd.)

Organon (India) Pvt. Ltd.

Sun Pharmaceuticals Industries Ltd.

Standard Chartered Bank

Jupiter Wagon Pvt. Ltd.

Epifeast India Pvt. Ltd.

Lallemand Inc.

Work highlights

  • Representing Willis Consulting Services Pvt. Ltd. and WTW Global Delivery and Solutions India Pvt. Ltd. in their amalgamation through merger at the National Company Law Tribunal, Mumbai.
  • Ashlar Law advised Epifeast Inc. and its Indian subsidiary in externalisation of the original Indian entity Nymble Labs Pvt. Ltd. into a Delaware C-corp holding and Indian subsidiary structure, helped mirror the existing capital structure, set up transfer pricing guard rails between the two entities, and further supported Epifeast Inc. in its fresh fundraise from Water Bridge Ventures and 021 Capital.
  • Advised Jupiter Wagons Ltd., a leading Indian manufacturer of railway freight stock and wagons, in their joint venture with CAF S.A., global leader of railway vehicles and equipment, and CAF India (subsidiary of CAF S.A.).

Dhir & Dhir Associates

With a diverse client-base consisting of financial institutions, governmental authorities, and multinational companies, Dhir & Dhir Associates is regarded for handling cross-border M&A and corporate restructurings. Deploying an interdisciplinary team of lawyers based in New Delhi, Alok Dhir is an expert on financial restructurings, Girish Rawat is knowledgeable in capital market and project financing matters, and associate partner Namrta Sudan Rai has experience of dealing with multi-jurisdictional transactions. The firm has considerable expertise in the IT, manufacturing, and finance sectors.

Practice head(s):

Alok Dhir; Girish Rawat; Namrta Sudan Rai

Key clients

SomDatt Finance Corporation Limited

GCC Services India Private Limited (GCC)

Fastway Transmissions Private Limited

Naya Raipur Development Authority

Bombay Hemp Company

Dion Global Solutions Limited

Cvent India Private Limited

FabIndia Overseas Private Limited

Taurus Asset Management Company Limited (TAMCO) and Taurus Investment Trust Company Limited (TITCO)

Rocking Engineering Solutions Private Limited

India Infrastructure Finance Company Limited

Work highlights

  • Handled the acquisition of shareholding of SomDatt Finance Corporation Limited, which is engaged in financial activities, including hire purchase, leasing and financing, through an open offer under Securities and Exchange Board of India Regulations, 2011.
  • Assisting GCC on regulatory compliances, company and employment related documentation and support.
  • Providing legal services to Fastway Transmissions Private Limited.


Acting on behalf of key players in the mining, manufacturing, and healthcare sectors, the team at Gagrats has extensive experience of dealing with cross-border transaction and complex joint ventures. The group is well equipped to handle business transfer agreements and corporate restructurings, with the Mumbai-based partners Rustam Gagrat and Krunal Gadhia specialising in general corporate matters and multi-jurisdictional M&A. From New Delhi, Ujjwal Rana brings expertise in corporate litigation to the practice.

Practice head(s):

Rustam Gagrat; Ujjwal Rana; Krunal Gadhia; Uma Nagarajan; Arpana Dhariwal

Other key lawyers:

Ipshita Sen; Manoj Mohapatra; Zeeshan Farooqui

Hammurabi & Solomon Partners

Engaging in the full spectrum of public and private M&A, joint ventures, and private equity transactions, Hammurabi & Solomon Partners frequently represents listed Fortune500 companies and global entities. Demonstrating solid expertise on investments, strategic alliances, and corporate restructurings, the New Delhi-based head Manoj Kumar is an expert on corporate strategy and regulatory compliance. Shweta Bharti heads the firm’s dispute practice, whilst Jyoti Kumar Chaudhary focuses on general corporate issues.

Practice head(s):

Manoj Kumar

Other key lawyers:

Shweta Bharti; Jyoti Kumar Chaudhary

Key clients


Work highlights

  • Advising FCIL in the joint venture agreements, concession agreement, lease agreement, financial documents etc. on various fertilizer plants such as a) Ramagundam Project b) Gorakhpur Project c) Sindri Project d) Talcher Project e) Korba Project.
  • Assisting, strategizing and negotiating all terms of the one of the fastest-growing online Mathematic platform in its Delaware Incorporation.
  • Represented an Indian multinational pharmaceuticals company in acquiring 51 percent share capital of a major Pharmaceutical Manufacturing company which through the efforts of the team at H&S helped the company to expand its Pharma manufacturing footprint.

Lumiere Law Partners

Lumiere Law Partners specialises in advising corporate clients on M&A, structuring joint ventures, and demergers, along with all forms of regulation. The team exhibits broad expertise across the media, e-commerce, and mining sectors.

Key clients

Renewbuy (D2C Consulting Private Limited)

Horizon Packs Private Limited

Securipax Packaging Private Limited

PPS Motors Private Limited

Shalimar Paints Limited

Daerim International Co. Ltd

AEML Investment Limited (part of Gujarat Apollo group) and PFH BV

Softline Holding Plc and Softline Group – Umbrella Infocare

Telefornica Cybersecurity & Cloud Tech, S.L

Auctus Capital Partners AG

Hitesh Plastics Private Limited

Amara Raj Batteries Limited

Softline Holding Plc and Softline Group – G7 Dubai

Croda International PLC

Work highlights

  • Assisted Softline in acquiring shares of Umbrella Infocare and G7 CR Technologies.
  • Assisted Shalimar Paints Limited in raising an investment of approximately Re 270 crores from Hella Infra Market Private Limited.
  • Assisted and advised Hitesh Plastics in transferring its entire business on a going concern basis, to Manjushree Technopack Limited.

Mansukhlal Hiralal & Company

Focusing primarily on strategic alliance, joint ventures, and regulatory compliance, Mansukhlal Hiralal & Company regularly advises international and Indian companies on a wide variety of corporate matters. Based out of Mumbai, Bhushan Shah and Shreya Dalal both co-head the team, with the former advising clients on Indian entries, inbound and outbound investments, and the latter specialising in joint ventures and M&A.

Practice head(s):

Bhushan Shah; Shreya Dalal


‘Throughout our engagements, I’ve come to greatly value their responsiveness and accessibility. Mr. Bhushan and Ms.Shreya have consistently demonstrated exceptional leadership. Their ability to distill complex legal concepts into practical advice has been instrumental in guiding our decisions.’

‘Mansukhlal Hiralal & Co truly stands out as a multi-service law firm. Their team of specialized attorneys delivers personalized solutions through innovative billing practices. Emphasizing diversity and utilizing technology, they’re dedicated to excellence in legal services and community engagement. An outstanding choice for all your legal needs if I can say.’

‘The individuals at Mansukhlal Hiralal & Co truly stand out for their exceptional expertise, dedication to clients, and innovative approach. Their extensive legal knowledge, coupled with practical experience, sets them apart from competitors. Notably, their client-focused approach ensures tailored solutions that align with clients’ goals, making them a preferred choice. Especially Bhushan Shah and Shreya exhibit outstanding results for clients. The emphasis on diversity, integration of technology, and commitment to community engagement further distinguishes them from other law firms. Overall, their qualities and unique strengths make Mansukhlal Hiralal & Co’s team one of the most outstanding in the legal landscape.’

‘Shah Bhushan – partner – understands the clients needs intimately and understands the brief he is given and works within these parameters. Shreya Dayal – meticulous and thorough – follows up on all the details. Able to hold her own in challenging situations – always acts in the best interest of her client and her advice is carefully thought through and always correct.’

‘Mansukhlal Hiralal and Co. is a standout legal practice known for its unique strengths and innovative approach. With a team of highly experienced lawyers well-versed in various legal areas, the firm offers unparalleled expertise and a comprehensive range of services. What sets the practice apart is its unwavering commitment to a client-centered approach, providing personalized strategies tailored to meet the specific needs and goals of each client. Embracing advanced technology, the firm ensures efficient legal processes and timely responses to client inquiries.’

‘Bhushan Shah and Shreya Dalal are standout individuals at the firm, excelling in Intellectual property, respectively. Their expertise, innovative thinking, client focus, and collaborative approach set them apart from competitors. They embody ethical conduct, adaptability, and resilience, making them highly valued by us.’

‘Mansukhlal Hiralal & Co is an exceptional multi-service law firm known for its distinctive approach. Their team of expert attorneys is committed to providing tailor-made solutions using creative billing methods. With a strong emphasis on diversity and technology, they strive for excellence in delivering legal services while actively engaging with the community. Without a doubt, they are an excellent option for fulfilling all your legal requirements.’

‘Mansukhlal Hiralal & Co stands out due to their exceptional expertise, dedication to clients, and innovative approach. They possess extensive legal knowledge and practical experience, setting them apart from their competitors. Their client-focused approach ensures customized solutions that align with clients’ objectives, making them a preferred choice. Particularly, Bhushan Shah and Shreya Dalal deliver outstanding results for their clients. Additionally, their commitment to diversity, incorporation of technology, and active involvement in the community further distinguish them from other law firms.’

Key clients

Riverrecycle Oy, Finland

Deluxe Recycling India Private Limited

IG International Private Limited

IG Berries Private Limited

Riverrecycyle India Private Limited

IG Fresh Produce Private Limited

Cipla Limited

Pride Hotel Limited

Chemic Engineers Private Limited

Chemic Engineers & Constructors Inc

IG Fruits Private Limited

Work highlights

  • Representing Circle E Retail Private Limited. We advised the Company in terms of an investment by Reliance Brands Limited.
  • Representing IG Berries Private Limited.
  • Representing IG International Limited in drafting the term sheet and the joint venture cum shareholders agreement for the parties.

Obhan & Associates

Obhan & Associates specialises in advising domestic and international clients on all facets of joint ventures, corporate structures, and M&A. With a client-list spanning across the manufacturing, media, and technology industries, the New Delhi-based senior partner Ashima Obhan heads the group, boasting extensive experience in foreign investment and cross-border transactions. From Pune, Vrinda Patodia routinely represents domestic and multinational corporates.

Practice head(s):

Ashima Obhan

Other key lawyers:

Vrinda Patodia

Key clients

C.K.R. Resorts Private Limited

Okinawa Autotech Private Limited

Mountain Valley Springs India Private Limited (operating under the brand name, Forest Essentials)

The Financial Times Limited

Circle of Life Healthcare Private Limited

Synergistic Financial Networks Private Limited (operating under the brand name, Mosambee)

Neblio Technologies Private Limited and Primestack Pte. Ltd (operating under the brand name, CoinDCX)

Oktober6 Limited and Oktober6 Insight Private Limited (operating under the brand name, CreditEnable)

Nestech Limited

Work highlights

  • Represented and advised Okinawa in its joint venture with an Italian company, Tacita SRL, for the research & development, manufacturing and sales of motorcycles in India and various other territories.
  • Represented MVSIPL in the review of the definitive agreements with the Apparel Group regarding the entry and presence of MVSIPL in the GCC countries.
  • Advised and represented CKR in negotiating and reviewing a branding and management agreement and hotel specific services agreement to engage Hilton Hotels Management India Private Limited as the hotel operator for the client’s hotel under the flagship “Hilton” brand.

S&A Law Offices

Representing clients from across the real estate, infrastructure, and tech industries, S&A Law Offices has extensive expertise on all aspects of corporate transactions, along with tax and regulatory matters. With offices in New Delhi, Gurugram, Mumbai, and Bengaluru, the firm delivers a strong nationwide offering, with New Delhi-based head Daizy Chawla bringing in-depth knowledge on corporate, tax, and IPR laws to the group. Senior principal associate Jatin Kapoor focuses on corporate restructurings and senior associate Neha Mittal handles secretarial compliance matters.

Practice head(s):

Daizy Chawla

Other key lawyers:

Jatin Kapoor; Neha Mittal


‘High quality professionals and very kind.’

Key clients

Jindal Saw Limited

JWIL Infra Limited

IMR Resources India Private Limited & India Coke and Power Private Limited

Twenty First Century Mining Private Limited

The Hamlin Trust

RattanIndia Enterprises Limited

PalmView Overseas Investments Limited



Gupshup Technology India Private Limited

Dotgo LLC

Admitad GmbH

Delhivery Limited

Thinksharp Foundation

Foundation of Arts

Pactera Technologies India Private Limited

Fircosoft India Private Limited

Sennheiser Electronics India Private Limited


AMPO Valves India Private Limited

Rueben S. Bajaj

Work highlights

  • Provided advisory and legal representation services to Jindal Saw Limited (JSL), the successful resolution applicant (SRA) in the Corporate Insolvency Resolution Process (CIRP) of Sathavahana Ispat Limited.
  • Aided JWIL Infra Limited in devising strategy for purchase of shares in a company (with ongoing oppression and mismanagement litigation) and drafting share purchase agreements between current and prospective shareholder, which align with the Company’s existing Articles of Association, Shareholders Agreement, and Deed of Adherence.
  • Assisting Twenty First Century Mining Private Limited (being the successful bidder of the tender issued by the Ministry of Coal (MoC)) in preparation of the Mining Plan for submission with the MoC well as in documentation, negotiation with Bankers for funding its business, advisory on varied issues arising of or pertaining to the mining project, etc.

AP & Partners

The New Delhi-based AP & Partners corporate practice specialises in advising Indian technology companies and international corporations on all aspects of M&A. In July 2022, Harshit Anand joined as partner from Trilegal, bringing extensive expertise in private equity and financial transactions, whilst Anand Prasad focuses on joint ventures and investment structures. Moksha Bhat assists venture capital investors, and Arjun Sinha is an expert on regulatory compliance measures.

Practice head(s):

Anand Prasad; Moksha Bhat; Arjun Sinha; Harshit Anand


‘APP’s corporate team has a wide-ranging expertise in complex corporate transactions and their lawyers demonstrate deep regulatory expertise when it comes to regulated sectors such as Telecom, EVs, Data Centers or Medical Devices. APP also brings together a task force of partners with top tier expertise, which is greatly appreciated by clients looking for crucial business advice when it comes to operating in the contours of the Indian legal framework.’

‘Our interactions and experience of working with Harshit Anand, Partner (Corporate) and Arjun Sinha (Partner, TMT) has been great. They bring to the table a deep understanding of regulatory requirements in India and have consistently delivered effective results on complex matters. Harshit has been working with us on a number of corporate M&A matters and also regularly advices clients on Indian entry strategies. Arjun’s expertise in relation to data privacy matters and regulatory challenges in the Telecom sector is also highly valued.’

Key clients

Koninklijke DSM N.V.

IPL Tech Electric Private Limited

Amishi Consumer Technologies Private Limited (Momsco)

Info Edge India Limited

Sunrise Mentors Private Limited (Coding Ninjas)

Founders of Narang Eye Institute

Founders of Children’s First Mental Health Institute Private Limited

Ather Energy

Ultragenic Research and Technology Pvt Ltd

Coldbrew Tech Private Limited

Shop Circle

Nayan Science and Technology Private Limited

HealthAssure Private Limited

Teacher Tools Private Limited

Devtron Inc

Happily Unmarried Marketing Private Limited

Work highlights

  • Acted for DSM on its proposed merger with Firmenich for USD 21 billion to form DSM-Firmenich.
  • Acted for the founders of IPLTech Electric Private Limited, an Indian EV manufacturer on a staggered acquisition of approx. 65.2% shareholding of the company by TI Clean Mobility Private Limited, part of the Tubes India industrial conglomerate for an amount of USD 30 million.
  • Advised Sunrise Mentors Private Limited (Coding Ninjas) who is a leading player in the online technology education sector and provides several innovative education solutions such as early childhood technology education and income sharing models.

India Law Offices

Counting companies from across the healthcare, construction, and energy sectors its key clients, the India Law Offices specialises in handling cross-border M&A and complex joint venture matters. The firm is headquartered in New Delhi, but has offices across India. From New Delhi, Gautam Khurana has deep experience in corporate law and international M&A, whilst Abhishek Hans focuses on investment banking and general corporate advice.

Practice head(s):

Gautam Khurana

Other key lawyers:

Abhishek Hans


‘Great customer service, prompt and highly experienced deliverables. Always happy to help and provide answers to all questions asked.’

‘Abhishek Hans & Gautam Khurana are extremely helpful and willing to assist on all matters required.’


Key clients

Health Shield GMBH

PMD Group Limited

Kviku Holding Limited


TWF Tiefbautechnik GmbH

Webapp Clouds

Broekman Logistics Private Limited

Trend Group SPA


Whale Cloud Technology

WKV Dr. Grochowski Anlagentechnik GmbH


Work highlights

  • Advised Health Shield GmBH on making an investment of USD 200,000 in an Indian Pharma Company for clinical trials for the COVID-19.
  • Assisted NOVAIR, a French Company with legal due diligence of target company manufacturing O2 generators in India for acquisition.
  • Assisted an Australian-owned and operated digital transformation agency, Cloud Raptor, with entering Indian market and setting up a Company in India including drafting of MOA, AOA, Shareholder’s Agreement and obtaining necessary approvals from the Reserve Bank of India.

Juris Arena

Operating out of Bengaluru, Juris Arena covers the whole spectrum of corporate transactions, including multi-jurisdictional M&A, investment transactions, and joint venture arrangements. The firm provides a range of services to private equity clients, with Soumitra Banerjee an expert on corporate and debt finance, and Anjali Haridas specialising in corporate governance and regulatory compliance measures.

Practice head(s):

Soumitra Banerjee; Anjali Haridas


Very proactive.

Key clients

Spolto Technology Solutions Pvt Ltd

Kasukurthi Healthcare Private Limited

Calla Lilly Private Limited

Inventive Inteltech Pvt Ltd

Bython Media Inc

Aindra Systems Pvt Ltd.

Mobiotics IT Solution Pvt Ltd.

Nutrinorm Wellness Pvt Ltd

ASQI Advisors Pvt Ltd.

Alticor Media Solutions Pvt Ltd

Work highlights

  • Advised an upcoming start-up entity in sports servicing sector in setting up business in India, documentation, and corporate transactions. Matter value: $ 2 million USD.
  • Advised a Public listed company in due-diligence, structuring transactions and documentations for investment in a firm engaged in manufacturing pharma ingredients. Deal value: $ 1 million USD.
  • Advised one of the leading lead generation companies in corporate transaction involving acquisition, investment structuring and documentation.

Kanga & Company Advocates and Solicitors

Mumbai-based Preeti Mehta heads Kanga & Company Advocates and Solicitors’ corporate practice, bringing extensive expertise on joint venture and general corporate law matters to the group. The firm's client base includes banks, financial institutions, and large corporate bases, with the team frequently representing them in matters relating to foreign investment and M&A.

Practice head(s):

Preeti Mehta


Preeti Mehta is absolutely excellent in all aspects of our dealings with her. Her advice is succinct and her response times are fast and efficient which is sometimes critical to our business. We feel confident in every aspect of her advice to us.

Key clients

Prom Biocides India Private Limited

Work highlights

  • Acted as the legal advisors to Prom Group in setting up of their business of manufacturing and distributing biocides in India

Naik Naik & Company

Consolidation, M&A, and joint ventures are cornerstones of Naik Naik & Company’s corporate offering, further complemented by in-depth expertise on regulatory compliance and corporate structuring issues. The Mumbai-based outfit includes experienced practitioners, with Ameet Naik being an expert in the media and entertainment space, whilst Abhishek Kale and Madhu Gadodia focus on debt recovery matters and joint venture transactions.

Practice head(s):

Ameet Naik; Abhishek Kale; Madhu Gadodia

Other key lawyers:

Manish Parmar


‘Naik and Naik are of the most equipped law firms in Mumbai providing end to end services general corporate and litigation advisory services. Their team is generally reachable – that too at leadership level – Ameet Naik himself – is 24/7 – and can be taken for granted. Their ground level experience and knowledge on the entire legal eco system is very unique and a one-stop resource for all your needs. Their result-oriented approach in any issue is a boon for clients – who generally are mired with legalese that they probably don’t understand.’

‘The ethos of the firm starts from Ameet – founder and cuts across the entire team. Abhishek and Madhu are leaders in their own right – so, from a client perspective the comfort level in their engagement is very high and always consistent during the course of their engagement. Their ability to quickly understand the business / commercial aspect of the matter on hand is also very unique.’


Key clients

Specialist Computer Centres PLC

Believe International

FlexTrade India Private Limited

Collective Artists Network India Private Limited

Work highlights

  • Advised and assisted one of the largest talent management and celebrity endorsement company in investment from a Singapore based technology unicorn.
  • Advised and assisted the French record label and music distributor in acquisition of majority stake in Think Music, a South India based music and films distribution company.
  • Advised and assisted a New York based company in transfer of its business undertaking housed in its Indian subsidiary to a Singapore based listed entity.

Pioneer Legal

Acting on behalf of clients across the pharma, education, and energy sectors, Pioneer Legal has in-depth experience of handling domestic and cross-border M&A. Splitting his time between Mumbai and Maharashtra, Satish Kishanchandani heads the team, specialising in complex corporate restructuring schemes, whilst Narendra Dingankar focuses on strategic alliances and joint venture matters. Pritha Jha regularly advises advertising agencies, and Shoubhik Dasgupta is knowledgeable on general corporate issues.

Practice head(s):

Satish Kishanchandani

Other key lawyers:

Narendra Dingankar; Pritha Jha; Shoubhik Dasgupta; Anupam Shukla; Sanket Jain


Pioneer Legal had the drive to move the deal forward by presenting very practical and logical solutions to legal problems and issues.

Key clients

Alcon Electronics Private Limited

Dentsu Group

IVF Hospital Private Limited

International Data Group Inc (IDG)

Jaynix Engineering Private Limited

Linux Laboratories Private Limited

Tata Capital Healthcare Fund II

TM Ventures Private Limited

VLCC Health Care Limited and its founders Mr. Mukesh Luthra and Mrs. Vandana Luthra and other shareholders

Satyen Polymers Private Limited (SPPL) and its Shareholders

Spaceway Wellness Private Limited

Work highlights

  • Advised Alcon Electronics Private Limited, the exiting promoters and other shareholders of Alcon (“Selling Shareholders”) in the transaction wherein Exxelia SAS provided an exit to the promoters of Alcon, by acquiring the majority stake in Alcon from the Selling Shareholders.
  • Advised IVF Hospital Private Limited, its promoters and Spaceway Wellness Private Limited in Spaceway’s acquisition of equity shares from 2 of Indira IVF’s existing shareholders.
  • Advised and assisted Dentsu Group in relation to its acquisition of a majority stake in Extentia Information Technology Private Limited.

Wadia Ghandy & Co

Counting media and tech companies, alongside financial institutions amongst its key clients, the team at Wadia Ghandy & Co routinely deals with high-profile M&A and joint ventures. With the team based out of Mumbai and Maharashtra, Ashish Ahuja leads the team, covering all aspects of corporate and technology laws. Rohini Verma focuses on private equity investments, whilst Fariyal Tahseen is noted for their work on foreign direct investments.

Practice head(s):

Ashish Ahuja

Other key lawyers:

Rohini Verma; Fariyal Tahseen; Karishma Baria; Anant Kaushik; Anubhav Agarwal

Key clients

HDFC Bank Limited

Arpwood Partners Fund I LLP

K Raheja Corp Private Limited

Motilal Oswal Private Equity

Medvantage Insurance TPA Private Limited (formerly known as United Health Care Parekh Insurance TPA Private Limited)

Northern Arc Capital Limited

HDFC Life Insurance Company Limited

Arvind SmartSpaces Limited

Savita Oils Technologies Limited

Meghmani Finechem Limited

EQUITAS HOLDINGS LIMITED and Equitas Technologies Private Limited

De Lage Landen Financial Services India Private Limited