AK & Partners > New Delhi, India > Firm Profile

Client Testimonials

CLIENT: Rajat Deshpande
COMPANY/FIRM: Moshpit Technologies Private Limited
TESTIMONIAL: AK and Partners have a focused banking and finance practice with in-depth experience and understanding of the fintech space. They have a dynamic team of professionals who assist with incisive regulatory advisory, and transaction structuring as well as facilitates commercial negotiations. They are patient in explaining risks and have been very helpful in generating contractual options to fit the regulatory and techno-commercial needs that are unique to fintech players in India.

CLIENT: Rajiv Mohapatra
COMPANY/FIRM: MasterCard
TESTIMONIAL: AK and Partners understand how to cater to the needs of foreign investors in India- right from handholding the setting up of business in India to niche requirements of established players in the market. Their perceptive understanding of the regulatory interpretation brings high-value addition to their advisory. I find their advice to be well-considered and precise, and with an appropriate overlay of commercial judgement.

CLIENT: Raivis Ruskulis
COMPANY/FIRM: TWINO AS Investments
TESTIMONIAL: Starting the TWINO business in the Indian market Anuroop Omkar and his team provided overall professional legal support necessary for the successful and sustainable development of a start-up company. His knowledge and extensive experience in the Fintech industry allowed us to successfully start our activities in the very short term.

CLIENT: Jan Kouba
COMPANY/FIRM: Pilulka, Romania
TESTIMONIAL: Anuroop is a very charismatic lawyer who listens carefully and after provides great solutions which are clear and to the point. He is very well connected to the regulatory environment and as well very well connected to governmental spheres. He is an indisputably great networker and a great point for any legal advice you would need in corporate law, mergers and acquisitions and mitigations. He is the right man to get connected to in case anyone needs support, he will find a way how to solve it. Very reliable person.

CLIENT: Vijay Dhingra
COMPANY/FIRM: Home Credit India
TESTIMONIAL: Anuroop, is a seasoned and solution-oriented lawyer. a very down-to-earth person with tremendous knowledge of financial sector laws and regulations. understands the legal complexities during the transaction with an endeavour to deliver solutions. A courageous lawyer with good connections, which is not easy to find in a such tough regulatory environment

CLIENT: Sumit Banerjee
COMPANY/FIRM: Bombay Chamber of Commerce and Industry
TESTIMONIAL: Kritika is not just a lawyer, she is a scholar and a thinker, in her field. I am sure people who come in contact with her in her professional space will benefit from her knowledge and empathy.

CLIENT: Sudhanshu Fadnis
COMPANY/FIRM: Sportseed
TESTIMONIAL: Kritika comes out as a thorough professional in her capacity to understand and deliver. But more importantly, she comes out humane, something that I have found missing in the legal profession.

Diversity

AK & Partners strongly believes that a healthy ecosystem for a home, workplace or establishing an organisation can be greatly achieved by ensuring inclusion and diversity in all forms. Such diversity opens the door for different approaches, thinking patterns, experiences and perspectives to come together and work for the better. Our firm has a zero-tolerance policy for any kind of discrimination or bullying towards any member of the firm and a healthy work environment is ensured at all times. Our team takes pride in the fact that it comprises people coming from different parts of the country.

We believe in providing equal opportunity to all, pay parity and a safe environment to work for everyone in the firm. We have an equal ratio of male and female workers in the firm ensuring there’s no gender gap. We have people coming to work for the firm from different socio-culture backgrounds bringing varied experiences and knowledge.

The firm practices a blind review process at the time of recruitment in the first two rounds and chooses a candidate solely based on qualifying the technical assessment rounds.

We ensure to celebrate every milestone of a team member or the firm together with everyone present right from the partners to the office boy.

Apart from having a diversified team, we also have a diversified clientele which brings in a great amount of exposure for the firm and the people working here. The team gets to meet, greet and speak with clients coming from different countries and continents which ensures global exposure at a young age.

Notable Cases

1. Credochain Technologies Private Limited

Advised client on transaction for raising hybrid, pre- series A funding from multiple angel investors and assisted in mandatory investment compliances in India.

Represented Credochain in Dun & Bradstreet’s acquisition of rights in the credit decision and analytics platform of Credochain and provided end-to-end documentation and legal compliances for the acquisition.

Assisted Credochain in on-boarding of Mr Vikas Jain as its Co-founder who would be serving in the capacity of a Chief Operating Officer.

2. Reeudo Forex Services Private Limited

Assisted client in obtaining full-fledged money changer license with Reserve Bank of India. AK & Partners also advised and represented Reeudo Forex for their seed fund investment round and assisted in obtaining registration from RBI. The advisory and transactions team consisted of Partners Anuroop Omkar and Kritika Krishnamurthy. Reeudo Forex Services Private Limited (“Reeudo Forex”), raised an undisclosed amount of funds in its seed investment round through various private and institutional investors.

Client is a fintech facilitating online remittance of funds internationally.

3. True Credit Private Limited

It is our retainer client. We regularly advise them on product structuring, compliance requirements and regulatory updates, foreign exchange related requirement for debt funding and royalty payment transactions. We also advise them on the operations of the fintech operated by them and pre-paid instrument related compliance and regulatory requirements as applicable on payment systems.

4. Moshpit Technologies Private Limited (FinBox)

It is our retainer client. We regularly advise them on RBI regulations, data protection framework, contract negotiation and provide legal advisory on related matters as and when required.

5. Home Credit India Private Limited

It is also a retainer client. The client is a systematic important Non-Banking Financial Company (NBFC)- ND-SI.

We provide strategic and regulatory advice to the client. We also assist them in product structuring, and provide high level advisory in setting up their ancillary insurance business. The firm also advices the client on matters related to data protection from time to time.

6. Federal Bank Limited

Assisted the client on first time issue of credit cards in India. It involved providing high-level strategic advisory, contract negotiations& transactions and end-to-end closing documentation.

7. FincFriends Private Limited

Client was assisted by the firm in getting its bank accounts defreezed in a record time of 10 days. The firm assisted and advised in filing of the necessary correspondence with Economic Offences Wing, Central Civic Board, Bangalore that froze the accounts of client owning to illegal usage of client’s logo and name by a third party.

8. TWINO AS Investments, Latvia

Transaction advisory on structuring of peer-to-peer business model of lending along with securitisation of loan assets through non-banking finance company registration in India and other registrations at International Finance Services Centre, India.

9. Navia Life Care Private Limited

Assisted in structuring of ‘buy now pay later’ product in the healthcare sector including transaction structuring, advisory and transaction closing including documentation and compliances with payment aggregators, non-banking finance companies and facilitating fin-techs.

10. Aventus Technology India Private Limited

Advised the client on launching a product in the form of pay day loans (“PDL”) to extend credit facilities to its customer through its mobile application or website.

The client is engaged in the business of digital lending through its lending partners.