AZB & Partners offers a ‘thoroughly professional’ service in its diverse representation of private equity investors across various sectors. The firm’s advisory scope encompasses regulatory protocols, exit strategies and negotiation processes. Ashwath Rau brings experience in private equity and investment funds, supported by Zia Mody’s specialisation in acquisitions, joint ventures, restructurings and inward investments. Darshika Kothari specialises in private equity investments, extending her expertise to marquee private equity clients, as well as domestic and international corporations and financial institutions, while Anil Kasturi’s ability to ‘think outside the box’ complements his capability in the private equity arena, engaging with a wide spectrum of sectors including healthcare, telecom, education and real estate.

The ‘market leading private equity and venture capital practice’ at Cyril Amarchand Mangaldas represents sovereign wealth and blue-chip funds in transactional matters, spanning buyout deals and capital raising across various regions. At the helm, Ravindra Bandhakavi provides counsel on private equity, sovereign and pension fund matters, while Reeba Chacko specialises in private equity and venture capital investments, coupled with expertise in foreign exchange control regulations and acquisition strategies. S. Harish adeptly manages a wide spectrum of transactions in the private equity domain, with a significant focus on pre-IPO deals within the e-commerce and retail sectors. Vandana Sekhri, Ruetveij Pandya, Chandan Kota, and Santosh Janakiram all contribute their sectoral expertise, covering fintech, infrastructure, corporate and securities, real estate, and retail, among others.

The team at IndusLaw goes ‘above and beyond’, assisting clients at every stage of the investment cycle and stages of growth. Key areas of expertise span a variety of sectors, including healthcare, technology, e-commerce, infrastructure, and retail. Gaurav Dani focuses on private equity and venture capital financings, while Kartik Ganapathy has experience in cross-border private equity investments. Winnie Shekhar holds expertise across multiple sectors, including TMT, fintech and travel, guiding clients through strategic investments and exits. Suneeth Katarki is another key contact in the team, with experience encompassing private equity investment and advisory roles in corporate restructurings and joint ventures.

Khaitan & Co LLP represents a range of domestic and international financial sponsors on funds, investments and regulatory matters. Haigreve Khaitan co-heads the practice from Mumbai, advising on corporate matters including investments, corporate governance and restructuring across a spectrum of sectors including financial services, manufacturing, retail, and infrastructure. Aakash Choubey supports Khaitan as co-head, advising on various corporate and commercial transactions with proficiency in private equity investments. Siddharth Shah has experience advising foreign and domestic funds on regulatory and tax matters involving the structuring on investment and funds platforms, while Bharat Anand focuses on private equity transactions and joint ventures. Ganesh Prasad and Kartick Maheshwari are also key contacts in the team, with expertise spanning the e-commerce, IT and gaming, healthcare, financial services and real estate sectors between them.

Shardul Amarchand Mangaldas & Co, noted for its expertise in private equity transactional advisory mandates, advises blue-chip and sovereign funds on strategic transactions and investments. The ‘flawless’ practice is led by Shardul Shroff, Gunjan Shah, Raghubir Menon and Iqbal Khan. Other key contacts include Puja Sondhi and Nivedita Tiwari, both of whom bring experience in private equity and venture capital investments, Manav Nagaraj , Mithun Thanks, Anuj Bhasme, Abhishek Guha and Tanya Uppal, who collectively boast specialisation in private equity across a diverse range of sectors including finance, technology, logistics and healthcare, among others.

Noted for its 'capability in handling complex transactions', Bharucha & Partners manages the entire investment life cycle, ranging from fund formations to exits, specialising in transaction structuring for pre-IPO placements and private investment public equity deals, with demonstrable experience across a range of sectors, encompassing financial services, technology, healthcare, and real estate. Vadana Pai leads the practice and acts on investments and exits for fund houses and financial institutions, while Swathi Girimaji provides 'sound and pragmatic advice' to clients across the telecommunications, cosmetics, ed-tech, and financial services industries.

DSK Legal acts for private equity managers and limited partners in the establishment of alternative investment funds, as well as advising domestic and foreign venture capital funds across various jurisdictions, including India and Mauritius. Managing partner Anand Desai leads the team and advises on private equity and hedge fund transactions, in addition to disputes arising between funds and investee companies. Sharath Chandrasekhar acts for startups and investment funds across the banking, hospitality and fintech sectors on transaction structuring mandates, while Aninda Pal handles a range of domestic and cross-border private equity and venture capital deals. Other key contacts in the group include Aparajit Bhattacharya, Hemang Parekh and Ajay Shaw and Harvinder Singh.

Majmudar & Partners acts for private equity and venture capital funds, covering a range of matters including investment transactions, exits and regulatory mandates, with demonstrable experience across the technology, retail, manufacturing and financial services sectors. Akil Hirani, who handles fund structuring and private equity deals, jointly leads the team alongside head of the firm's M&A group Rukshad Davar, Ravi Raghavan, who handles tax structuring issues for funds, and Raja Sujith, who spearheads the offering Bangalore and advises on venture capital transactions, with notable expertise in the technology sector.

Spice Route Legal is actively involved in a variety of private equity transactions, encompassing buyouts, investor representation, and investee-side representation. The team possesses expertise in sectors spanning technology, energy, life sciences, retail and consumer goods. Praveen Raju co-leads the practice from Mumbai, with demonstrable experience in private equity and venture capital investments in the alternative energy, healthcare, and life sciences sectors, alongside ‘well-respected and top lawyer’ Mathew Chacko, who spearheads the offering in Bangalore and handles transactions involving technology companies.

The team at Krishnamurthy and Co has demonstrable experience in handling domestic and cross-border transactions, representing funds, investee entities, and strategic investors across a range of sectors, including healthcare, retail, renewable power, education, and technology. Based in Mumbai, Naina Krishna Murthy jointly leads the team alongside Rukmini Roychowdhury, while Shwetambari Rao operates from the firm's Bangalore office and advises on private equity and venture capital transactions, in addition to inbound and outbound investments. Alok Sonker is another key contact in the team.

S&R Associates advises on a range of structures, including alternative investment funds, mutual funds, foreign portfolio investors, foreign venture capital investors and collective investment schemes, with demonstrable expertise in the structuring, registration, listing, and post-listing of infrastructure investment trusts and REITs. Key contacts in the firm’s New Delhi office include Mohit Gogia, Radhika Iyer, Sanjeev Adlakha, and Venkatesh Vijayaraghavan, while Rachael Israel, Rajat Sethi, Sudip Mahapatra and Viral Mehta operate from Mumbai.

AP & Partners‘ team acts for both domestic and international funds and sponsors on an array of matters, encompassing fund formation and structuring issues arising out of inbound and outbound investments. Anand Prasad jointly leads the team alongside Moksha Bhat, Arjun Sinha, and Harshit Anand, who joined the firm from Trilegal in July 2022.

At Dentons Link Legal, the team advises funds, private equity firms, start-ups and early-stage companies on devising effective investment structures, with additional expertise in investments, exit and entry strategies, negotiating processes, and addressing regulatory issues. Based in Mumbai, Nusrat Hassan leads the team, while Jinni Sinha and Vinu Peter Immanuel spearhead the offering in New Delhi. Other key contacts in the group include Namita Das and Ketan Mukhija.

Counting domestic companies, venture capital funds and angel investors across the technology, healthcare, and consumer products sectors among its key roster of clients, Stratage Law advises on the full life cycle of private equity and venture capital transactions, covering formation, structuring, post-closing integration and exit strategies. Managing partner Darshan Upadhyay leads the practice and acts for funds on matters concerning entry, acquisitions and joint ventures. Other key contacts include Bhavin Gada and Shyam Pandya, who handle investments and fund-related issues across the financial services, retail and technology sectors.

Ahlawat & Associates acts for founders, investors, venture capitalists and funds on a range of private equity and venture capital mandates, from structuring and negotiation of transactions to exit strategies and regulatory compliance issues. Noted for his expertise in private equity and capital investments, Uday Singh Ahlawat jointly leads the team alongside Sheena Ogra, who has experience across the infrastructure, energy and TMT sectors.

Argus Partners advises on the full lifecycle of private equity transactions, ranging from the initial investment to exit strategies, in addition to structuring investments and negotiations. Based in Mumbai, Krishnava Dutt co-leads the team and is supported by Ankit Guha, who operates from the firm’s Bengaluru office. In Kolkata, Arka Majumdar acts for domestic and international clients in primary and secondary investments, and New Delhi-based Jitendra Soni is another key contact in the group.

Based in New Delhi, Phoenix Legal acts for domestic and international private equity and venture capital funds on structuring and exit strategies, spanning across various phases of the funds lifecycle. Jointly led by Saket Shukla, Pranav Srivastava, and Abhishek Saxena, the team also assists clients in restructurings, from inception to exits, in addition to navigating regulatory landscapes.

Pioneer Legal’s team acts for private equity and venture capital funds on mandates concerning transaction structuring, due diligence and negotiations to post-deal closure issues and compliance matters. Key sectors of expertise include education, advertising, financial services and logistics. Key contacts in the team include Satish Kishanchandani, Narendra Dingankar and Pritha Jha.

Praised as 'responsive and knowledgeable', the team at Saraf and Partners covers the entire private equity transaction lifecycle, spanning primary and secondary investments to exit strategies, with demonstrable experience across the infrastructure, telecommunications, healthcare, pharmaceuticals, and real estate sectors. Founder and managing partner Mohit Saraf jointly leads the team alongside Vaibhav Kakkar, who focuses on private equity mandates and cross-border transaction structuring. Other key contacts in the group include Arjun Rajgopal and Rohan Shah.

Gautam Saha leads the team at Talwar Thakore & Associates and provides ‘sound judgment’ on cross-border equity financing and private equity investments across the telecoms, infrastructure, financial services and healthcare sectors. Sachin Mehta is noted for his expertise in the telecoms and technology arenas, Amrita Patnaik focuses on private equity and venture capital investments, with experience in handling domestic and cross-border equity transactions. The team 'offers a strong combination of knowledge with a pragmatic and commercial approach'.