J Sagar Associates > New Delhi, India > Firm Profile

J Sagar Associates
B 303, 3rd Floor, Ansal Plaza, Hudco Place, August Kranti Marg, New Delhi – 110049, Delhi, India

India > Banking and finance Tier 1

India > Capital markets Tier 1

India > Corporate and M&A Tier 1

JSA Law is active across bulge-bracket, mid-market, and lower-value M&A, advising a combination of major domestic companies alongside multinational players on acquisitions, exits, private equity deals, and joint ventures, alongside corporate structuring and commercial matters. The firm has broad sector expertise, with standout areas including real estate, infrastructure, aviation, entertainment, and technology, and is also noted for its combination of broad national coverage across India and cross-border regulatory capabilities. The practice is led by Sajai Singh in Bengalaru and Shivpriya Nanda in Gurgaon, both experienced transactional advisors with standout expertise in cross-border deals and regulated industry transactions respectively, as well as contentious capabilities. Also in Gurgaon, Sidharrth Shankar remains a key member of the team, while Rupinder Malik is a go-to for foreign investment work for both M&A and private equity transactions, and Lalit Kumar focuses on financing and commercial transactions, as well as real estate mandates.

Practice head(s):

Sajai Singh; Shivpriya Nanda

Key clients


Altium Group

Amazon Asia-Pacific Resources Pte. Ltd

ANI Technologies (OLA)


Crompton Greaves


Danaher Corporation






Ford Motor Company

Goodworker PT

Google LLC

Government of India

Grupo Bimbo

Hero Group

India Power Grid Trust

Indiabulls Real Estate Limited (IBREL)




PayU Global B.V.

PepsiCo India

Qualitest UK


TVS Supply Chain Solutions Limited

The Hain Celestial Group


Volvo Group

Wolters Kluwer United States Inc

Work highlights

  • Advised Mindtree Limited on its amalgamation with L&T for US$ 22 billion.
  • Advised Paramount Global in a strategic partnership between Reliance, Bodhi Tree Systems, which is a platform of James Murdoch’s Lupa Systems and Uday Shankar, and Paramount Global in Viacom 18.
  • Advised Prestige Estates Projects Limited on its acquisition by Blackstone in two phases for a combined value of US$ 3 billion.

India > Projects and energy Tier 1

JSA Law handles an array of high-profile matters in the infrastructure projects and energy space. Practice co-head Venkatesh Raman Prasad specialises in advising clients on regulatory matters and EPC contracts pertaining to electric vehicles. Fellow co-head Vishnu Sudarsan supports government entities on public procurement matters such as the sale of infrastructure assets, including ports, to major domestic companies for development plans and acquisitions of stakes in infrastructure companies. Sudarsan also assists clients in EPC contract matters in the gas sector and in project risk assessments for international developers in greenfield transport and solar power projects. Ashish Suman provides key support to Prasad and Sudarsan on such matters, while Amit Kapur‘s expertise in handling contentious matters gives the practice an additional dimension. Of note is Kapur’s track record in representing solar and thermal power plant producers against regulatory bodies before the appellate tribunal for remedial relief.

Practice head(s):

Amit Kapur; Venkatesh Prasad; Vishnu Sudarsan

Other key lawyers:

Key clients

India Grid Trust

OLA Electric

Hero MotoCorp Limited

Dedicated Freight Corridor Corporation of India Limited

Indian Gas Exchange Limited

Government of India (State Governments of Gujarat, Madhya Pradesh, Maharashtra and Odisha)

Lalitpur Power Generation Company Limited

Bajaj Energy Ltd.

Airports Authority of India

Indian Oil Corporation Limited

NTPC limited

NTPC Vidyut Vyapar Nigam Limited

Oil India Ltd

Selan Exploration Technology Ltd

Reliance Infrastructure Limited

RATP Dev and Transdev Asia

Cargill India Pvt. Ltd

Reliance Communications Limited

Reliance Infratel Limited

Jindal Steel and Power Limited

Oil and Natural Gas Corporation Limited

Hero Future Energies Private Limited

Orange India Power Limited & AT Group

Adani Power

Tata Teleservices

Abellon Private Limited

Hyndai Rotem Company

Candi Solar India

Vestas India

STT Global Data Centres India Private Limited

Orb Energy Private Limited

Talgo India Private Limited

Patentes Talgo SLU

SHV Energy N.V.

Network for Certification and Conservation of Forests

Juniper Networks India Private Limited

Convergence Energy Services Limited

Vedanta Limited

Hindustan Zinc Limited

Talwandi Sabo Power Limited

UltraTech Cement Limited

Becton Dickinson India Pvt. Limited

India > Antitrust and competition Tier 2

The team at JSA Law provide clients with advice on cartelisation and litigious antitrust matters, in addition to merger filings. Mumbai-based partner Farhad Sorabjee leads the team and handles merger control issues. Vaibhav Choukse and associate Ela Bali support the team from New Delhi and have a great deal of expertise in handling contentious abuse of dominance cases.

Practice head(s):

Farhad Sorabjee

Other key lawyers:

Key clients

Ford Motor Company

Hyundai Motors India Limited

IBM Corporation

PepsiCo (India) Holdings Private Limited

Temasek Holdings (Private) Limited

Baring Private Equity Asia

Becton Dickinson India Pvt. Ltd

DP World (Dubai Ports)

Kubota Corporation, Japan

Teleperformance SE

Grupo Bimbo, S.A.B. de C.V.

Volvo India CE Pvt Ltd

JSW Steel Limited

Continental India Private Limited

TV Sundram Iyengar & Sons Private Limited

South Asia LPG Company Limited

Adani Power Limited

Ferring Pharmaceuticals Pvt. Ltd

Goldman Sachs Wyvern Holdings Limited

Satia Industries Limited

India > Dispute resolution: litigation Tier 2

India > Fintech and financial services regulatory Tier 2

The team at JSA Law is equipped to assist in cross-border matters on behalf of a lucrative list of clients, which includes Google, Netflix, Airbnb and Mastercard. Probir Roy Chowdhury heads the practice and often advises global technology conglomerates on e-commerce and data protection issues. Yajas Setlur was promoted to partner in April 2022 and frequently provides guidance for international clients looking to launch global product initiatives, helping them to navigate a complex regulatory framework surrounding payment systems and foreign exchange. The team maintains a balanced practice, handling a mix of regulatory and compliance matters, as well as investment issues relating to fintech companies; Sidharrth Shankar assists the team in this area, advising clients on their investments in the fintech space.

Practice head(s):

Probir Roy Chowdhury

Other key lawyers:

Yajas Setlur; Manvinder Singh; Sidharrth Shankar; Sajai Singh

Key clients

Datamesh Group


Euronet Worldwide









AU Small Finance Bank

Glance InMobi

Deutsche Bank


Amica Financial Technologies Private Limited (Jupiter Money)

Wunderbaked Technologies Private Limited (Hypto)

UMBO InsurDataTech Systems Private Limited (Riskcovry)

PayU Global B.V.

Credit Suisse

Giottus Technologies Private Limited

IMC International Shares Group Limited

Work highlights

  • Advised B Capital on its investments in CoinDCX; the investment established CoinDCX as the first crypto unicorn of India.
  • Assisted A91 Partners with its investment in Moshpit Technologies (FinBox).
  • Advised Verifone on the regulation governing payment aggregators and Online Payment Gateway Service Providers.

India > Labour and employment Tier 2

India > Private equity and investment funds Tier 2

The team at JSA Law regularly advise private equity firms, venture capital and sovereign weath funds, and investee companies on downstream investments, compliance matters, negotiations, and exit strategies. Sajai Singh and Shivpriya Nanda co-head the practice, whilst Anand Lakra remains a key member of the team. Vikram Raghani and Manvinder Singh advise domestic and international corporates on investment structuring issues.

Practice head(s):

Sajai Singh; Shivpriya Nanda

Key clients

Amicus Partners

Advent International

Affirma Capital

A91 Capital Partners

Baring Private Equity Asia

Carlyle group

Creador Private Equity

eBay Singapore Services Pte LtdPrestige Estates Projects Limited

Evolvence Fund

Good Capital Fund I


Motilal Oswal Private Equity

Multiples Alternate Asset Management Private Limited

Norwest Venture Partners

Oman India Joint Investment Fund

Premji Invest

Sanaka capital

Tata Healthcare Fund

Qualitest Group


Unitus Seed Fund II

B Capital

India > Real estate and construction Tier 2

India > Restructuring and insolvency Tier 2

The restructuring and insolvency team at JSA Law provides advice on resolution plans and proceedings across multiple sectors, including manufacturing, engineering and power. Aashit Shah and Varghese Thomas jointly lead the practice, using their respective expertise in dispute resolution, and banking and finance to act for resolution professionals, banks and creditors in matters concerning corporate insolvencies and out-of-court restructurings.

Practice head(s):

Aashit Shah; Varghese Thomas

Key clients

Standard Chartered Bank

Deutsche Bank

State Bank of India

Ares SSG Capital



Altico Capital India Pvt Ltd

Piramal Finance

Bank of Baroda

CDC Group Plc

Panyam Cements and Mineral Industries Limited

Indostar Capital Finance Limited

India > TMT Tier 2

JSA Law is skilled in handling mandates across the technology and media spheres. Bangaluru-based Probir Roy Chowdhury and Tony Verghese are routinely sought out by multinational technology and telecoms companies to work on transactions to acquire tech companies and telecom infrastructure, assisting on contractual arrangements. Sajai Singh is the go-to for media-related matters, managing a client base of social media, music and OTT companies on regulatory changes, data protection, licensing and intellectual property protection.

Practice head(s):

Sajai Singh; Probir Roy Chowdhury; Tony Verghese

Key clients

Google LLC



Glance (InMobi)

A91 Partners

Good Capital Fund I

iBus Network and Infrastructure Private Limited

India > White-collar crime Tier 2

The dedicated anti-corruption, white-collar crimes and investigations practice of JSA Law assists its clients with diverse issues arising in relation to fraud, corruption, bribery, cybercrime, and violation of internal codes of conduct. Other services include due diligence, fact-finding, governance reviews and litigation. The team is led by Rupinder Malik, whose practice has a primary focus on anti-bribery and anti-corruption laws, with a specialisation in corporate/HR investigations and white-collar crime.

Practice head(s):

Rupinder Malik

Key clients

Kalpataru Power Transmission Limited

Bloom Energy Corporation

India > Aviation (including aerospace and defence) Tier 3

India > Tax Tier 3

USD 1.9 billion / INR 14,300 million Institutional placement of units by the National Highways Infra Trust.

JSA acted as counsels to the lead managers for the INR 14,300 million / USD 1.9 billion institutional placement of units by National Highways Infra Trust (“NHAI InvIT”), to domestic and international investors. ICICI Securities Limited and SBI Capital Markets Limited acted as the lead managers to the transaction.

Listing of Grip’s latest alternative investment offering – Securitised Debt Instruments (SDI) at the National Stock Exchange, Mumbai.

JSA advised Grip Invest Advisors Private Limited (“Grip”) on the listing of its latest alternative investment offering - Securitised Debt Instruments (SDI) at National Stock Exchange, Mumbai. This event also marks several firsts for our key stakeholders in this transaction including: