Firms To Watch: Commercial, corporate and M&A

Based in Delhi, Rayasa Law Partners has solid capability in M&A transactions. Subodh Sadana, Neha Yadav, and Sangeet Rai jointly lead the practice.
Rise Legal’s corporate practice is led by founding partner Ritika Ganju, who has experience advising on M&A, commercial transactions, regulatory and general corporate advisory matters. The team is noted for its expertise across the pharmaceutical, healthcare and automotive sectors.  

Commercial, corporate and M&A in India

AKS Partners

The corporate team at AKS Partners has impressive capabilities in handling complex, high-value and high-profile transactions, often spanning multiple jurisdictions. The team’s expertise covers asset acquisitions, foreign direct investments, joint ventures, and foreign direct investments, which operate across a broad range of sectors including aviation, infrastructure, construction, energy, media and entertainment. New Delhi-based Sonal Kumar Singh heads the practice and is supported by the highly regarded Payal Dayal.

Responsables de la pratique:

Sonal Kumar Singh


Autres avocats clés:

Payal Dayal


Principaux clients

Swartan Universal Private Limited


Bihar Cricket Association


Barco NV


IRCON


ByteLearn Inc


IRCTC


British Safety Council


Principaux dossiers


  • Advised Swartan Universal Private Limited on the acquisition of underlying patents and intellectual properties, including structuring the transaction and preparing transaction documents.
  • Advised Barco NV on reducing the company’s capital through methods such as buyback, and prepared a step plan along with the necessary documents.
  • Advised ByteLearn Inc on creating a US-based ESOP pool in compliance with relevant US laws.

Sagus Legal

Cross-border mergers and acquisitions, venture capital investments, and foreign exchange matters are among the core competencies of Sagus Legal. The team is particularly active in the manufacturing, pharmaceutical, and energy sectors. Shruti Kanodia heads up the practice and has substantial experience in the M&A space.

Responsables de la pratique:

Shruti Kanodia


Autres avocats clés:

Neha Sinha


Principaux clients

Jindal Stainless Limited


Jubilant Motorworks Private Limited


GOAT Brand Labs Pte. Limited


Jindal Stainless Steelway Limited


Lenskart Solutions Private Limited


The Tata Power Company Limited


TP Solar Limited


Akriti Jewel Craftz Private Limited


Vituscare Medlife Private Limited


Principaux dossiers


  • Advised Vituscare on raising fresh equity funding through a private placement of convertible preference shares and equity shares in its Series A1 investment.
  • Advised Jubilant Motorworks Group on a crucial composite scheme of arrangement.
  • Advised Jindal Stainless Steelway Limited on the internal restructuring

AP & Partners

AP & Partners‘ corporate team advises clients on the whole spectrum of transactions, including joint ventures, share subscription agreements, foreign investments, and complex M&A mandates. The practice acts for a wide range of clients, from technology, finance, and telecommunication to the energy sector. New Delhi-based Anand Prasad has extensive M&A experience aligned with his domestic and cross-border financing. Prasad heads up the team alongside Moksha Bhat, who has particular expertise in handling venture capital and private equity funds-related transactions.

Responsables de la pratique:

Anand Prasad; Moksha Bhat


Autres avocats clés:

Harshit Anand; Dushyant Kumar; Arjun Sinha


Principaux clients

SitusAMC


Happily Unmarried Marketing Private Limited


Talent Unlimited Online Services Private Limited (BobbleAI)


Capital 2B


Info Edge India Limited


Principaux dossiers


  • Advised SitusAMC on its $250m business transfer to Altus Group Limited where over100 Indian employees of the Indian group companies of Situs AMC were also transferred to Altus Group as a part of a business transfer arrangement.
  • Advised Happily Unmarried Marketing Private Limited (“Ustraa”) on its 100% acquisition by VLCC worth $23m through a combination of secondary buyout and share swap arrangement.
  • Assisted Bobble AI and its founders with its rights issue from Krafton worth $13.2m.

Burgeon Law

Burgeon Law has particular strength in handling big-ticket M&A, corporate finance and securities transactions. New Delhi-based Anish Jaipuriar focuses on the technology industries. Abhisshek Singlla works closely with a range of major international and local joint ventures and on a range of commercial matters. Ketan Mukhija joined the team at the senior partner level in May 2024 from Dentons Link Legal.

Responsables de la pratique:

Ketan Mukhija; Abhisshek Singlla; Anish Jaipuriar


Principaux clients

Spenny Pte. Ltd


Harbourfront India LLP


Srishti Hospitals and Research Private Limited


North East Healthcare Private Limited


Deltabulk Shipping India Private Limited


Organic Biosystems LLP


Piquant Foodlabs Private Limited and Promoters (Mr. Jatin Gupta and Mr. Dhruv Khurana)


North Base Media Investment Fund A


Wholesomefoods Private Limited


GrowX


Venture Highway


Kael Opportunities Fund


VALR Pty Ltd


Digially Pte. Ltd.


Auteur Pte. Ltd.


Ms. Priyanka Gill


Principaux dossiers


  • Advised North East Healthcare Private Limited, on the 100% acquisition of’ W Pratiksha’, a hospital by Marengo Asia Hospitality Private Limited.
  • Assisted Srishti Hospitals and Research Private Limited with the joint venture with Patton Group.
  • Advised Spenny Fintech Private Limited on the acquisition by Cred.

Dhwaj & Associates

Operating across a myriad of sectors and industries, the corporate group at Dhwaj & Associates is regularly instructed on restructurings, M&A transactions, foreign direct investments, and joint ventures. The Noida-based managing partner, Gaurav Dhwaj, is a highly regarded practitioner in the corporate arena and jointly heads the practice with Delhi-based Garima Sharma and Ankur Khandelwal.

Responsables de la pratique:

Gaurav Dhwaj; Garima Sharma; Ankur Khandelwal


Les références

‘We have been associated with Dhwaj & associates since its inception. We find the firm competent, well organized and quite supportive to its clients. Gaurav Dhwaj is a known person in the legal fraternity. He is a knowledgeable person in his domain.’

‘The team is dedicated and willing to go out of the way to provide solutions to the legal problems. They have an innovative approach and give practical solutions without compromising the legal principles.’

‘Gaurav Dhwaj is good. He is always approachable and competent with excellent domain knowledge and expertise.’

Principaux clients

Assam Electronics Development Corporation Limited


Stylework Innovation Hub Private Limited


August Jewellery Private Limited


McCormick Foods India Private Limited


Powernet Communication Private Limited


Paycraft Solutions Private Limited


Datamatics Global Services Limited


Microsense Private Limited


Cedreto Marketing Private Limited


Ibus Network & Infrastructure Private Limited


Mindgate Solutions Private Limited


Quantumbit Technologies Private Limited


Vivacious Consultants


Shroonius Nutricare LLP


DAHL India Mobiles Private Limited


Principaux dossiers


  • Assisted the government of Assam, Assam electronics development corporation limited with disruptive technological services (including AI, ML, and robotics) in domestic and international markets.
  • Advised Paycraft Solutions Private Limited on its strategic collaboration with roads & transport authority, government of Dubai, UAE.
  • Advising ibus network & infrastructure private limited in 100% acquisition of Sheltera Construction Intel Limited.

Hammurabi & Solomon Partners

Hammurabi & Solomon Partners‘ team is well regarded for its strength in advising on a wide range of corporate and commercial law matters, along with public and private mergers and acquisitions. The New Delhi-based managing partner, Shweta Bharti, heads the practice and regularly represents clients in M&A transactions before the National Companies Law Tribunal. Jyoti Kumar Chaudhary is another New Delhi-based key member with expertise in transactional matters.

Responsables de la pratique:

Shweta Bharti


Autres avocats clés:

Jyoti Kumar Chaudhary


Principaux clients

Welltek Lifesciences Pvt. Ltd


Boston Scientific


Telecommunications Consultants India Limited


G4S India


Campus Activewear Limited


Dentsu


Cue-Learn


Principaux dossiers


  • Advised Boston Scientific on exploring options of Volume Based Rebate for Distributors in Bangladesh.
  • Advised Cue-Learn on various corporate compliances and filings of tax returns.
  • Advised TCIL on exploring exiting out of an equity shareholding held in two subsidiaries.

Sarthak Advocates & Solicitors

Sarthak Advocates & Solicitors advises on the full scope of domestic and cross-border transactions, ranging from corporate governance, regulatory and compliance matters, in addition to asset acquisitions, foreign investments and joint ventures. The practice’s client roster includes companies across an array of industry sectors, from technology, energy and healthcare to publishing and education. The team is led by New Delhi-based managing partner Abhishek Nath Tripathi, who is noted for his experience in public and private M&A transactions. Senior associate Avantika Shukla handles corporate and commercial law matters.

Responsables de la pratique:

Abhishek Nath Tripathi


Autres avocats clés:

Avantika Shukla


Principaux clients

India Center Foundation, Tokyo, Japan


Africa Energy SA


Airworks India Private Limited


S Chand and Company Limited


Reading Pup


Bharat Heavy Electricals Limited


Satluj Jal Vidyut Nigam Limited


SunSource Energy Private Limited/ Lone Crypres Ventures Private Limited


Kranthi Ediffice Private Limited


Bureau of Energy Efficiency


Principaux dossiers


  • Advised Airworks India Private Limited on its acquisition by Adani Group.
  • Advised BHEL on the tendering process for bidding for an EPC contract for a thermal power project of 300MW of Jindal Group at Mmamabula Botswana.
  • Advised Africa Energy SA on renegotiating the power purchase agreement with Senelec SA.

Upscale Legal

Upscale Legal handles M&A, private equity and venture capital transactions. The group has an excellent reputation for handling mandates from clients in the media and cosmetics-based business sectors. Aditya Chopra heads up the practice and is supported by Rashi Suri who has extensive expertise in corporate and commercial law matters.


Responsables de la pratique:

Aditya Chopra


Autres avocats clés:

Rashi Suri


Principaux clients

Amoghyan Healthcare Private Limited


Munitions India Limited


Delhi Integrated Multi-Modal Transit System Limited


AIREX Heater and Appliances Pvt. Ltd.


Bagla Polifilms Limited


Crystal Sourcing Inc


Merino Industries Limited


Indian Peroxide Limited


ShipBob India Private Limited


Microgravity Ventures Private Limited


Pratham Broadcast India Private Limited


Nivaya Resources Private Limited


BTW India Pvt Ltd


Illuminify Technologies Pvt Ltd


J R C Grid Engineers Private Limited


Millennium City Expressways Private Limited IGI


Hemp Horizons Pvt Ltd


Principaux dossiers


  • Assisted an event management and service provider company with the procuring of various government tenders.
  • Advised a leading footwear manufacturer and distributor on operational and business contracts.
  • Advised a leading ammunition public sector company on review of sanction terms and loan documents.

Aekom Legal

Aekom Legal has a wealth of experience handling M&A and private equity deals. The team is particularly active in the real estate, manufacturing, healthcare, banking and financial sectors. Practice head Satwinder Singh is highly regarded for advising on acquisitions and venture capital transactions. Kalpit Khandelwal is well-versed in handling investment structuring and corporate restructuring. Sujoy Datta is also noted.

Responsables de la pratique:

Satwinder Singh; Sujoy Datta; Kalpit Khandelwal


Les références

‘Aekom Legal’s commercial, corporate, and M&A practice is unique due to its proactive approach and deep market knowledge, consistently delivering results that exceed expectations. Aekom Legal excels in seamlessly integrating legal expertise with profound industry insights. The team’s standout strengths include their dedication to diversity and inclusion, setting them apart as pioneers in the legal sector.’

‘Aekom Legal’s combination of meticulous preparation, strategic thinking, and exceptional advocacy, led by Satwinder Singh and Kalpit Khandelwal, offers a significant advantage. Their unwavering focus on delivering top-notch, personalised services makes them a standout choice in the field. Their collaborative work environment fosters a high-performing, cohesive unit dedicated to excellence and client satisfaction.’

‘Aekom Legal’s collaborative approach extends beyond internal teamwork to include strategic partnerships with industry experts and other professional service providers, ensuring comprehensive and well-rounded advice. Their personalised approach allows Aekom Legal to provide bespoke solutions that are both practical and effective, ensuring optimal outcomes for their clients.’

Principaux clients

Patanjali Foods Limited


Amber Enterprises India Limited


Ahlcon Parenterals (India) Limited


B. Braun Medical (India) Limited


Jindal Poly Films Limited


Dharampal Satyapal Group


Medanta Hospitals


Indraprastha Apollo Hospitals


Centre for Sight


Aisan Industries Limited


Ansal API


Capital Trust Limited


One97 Communications Limited


Bharti Airtel Limited


Select Group


Railtel Corporation of India Limited


Ama India


Bajaj Motors Limited


S. Chand Group


SMS Group


Haldiram Marketing Private Limited


Neemrana Hotels


NCAER


RICO Auto Industries Limited


Hitashi


HT Media Limited


Juniper Green Energy Private Limited


Principaux dossiers


  • Advised HR Offshoring Ventures on acquiring a minority stake (3%) in Hector Beverages Private Limited.
  • Advised Paytm E-Commerce Private Limited on a project entailing the reduction of the company’s paid-up share capital by nullifying and eliminating 9,21,651 shares, valued at premium held by its non-resident investor shareholder.
  • Advised Amber Enterprises India Limited on procuring technology and strategic investment from Korea Circuit Co. Limited.

DMD Advocates

DMD Advocates handles the full spectrum of venture capital and complex cross-border corporate transactions. The team assists a wide range of leading private equity funds, corporations and financial institutions on transactions across multiple sectors. Department head Rashi Dhir specialises in venture capital and private equity work and counts business angels, venture funds and venture companies as his key clients.

Responsables de la pratique:

Rashi Dhir


Principaux clients

Khaba Renewable Energy Private Limited


SentinelOne, Inc.


MVIN Carco One Private Limited


Vahanna Tech Edge Acquisition I Corp.


New Delhi Centre for Sight Limited


Asian Hotels (West) Limited and its promoters


BUHLMANN Rohr-Fittings – Stahlhandel GmbH


Raksha Health Insurance TPA Private Limited


Biesterfeld Group


Mullackal Polymers Private Limited and some of its shareholders


Noventiq Holdings Plc and Noventiq Group


Sigachi Industries Limited


Principaux dossiers


  • Advised the selling shareholders of Raksha Health Insurance TPA Private Limited and Raksha TPA on the closing of sale of 100% of their shareholding in Raksha TPA.
  • Advised New Delhi Centre for Sight on an investment transaction from ChrysCapital.

Goswami & Nigam LLP

Corporate boutique firm Goswami & Nigam LLP is well-positioned to advise on a diverse range of corporate and commercial matters. Gurugram-based Nishant Nigam heads up the practice with Delhi-based Himanshu Goswami who is well-versed in representing corporates and investors in a range of matters.

Responsables de la pratique:

Nishant Nigam; Himanshu Goswami


Principaux clients

M/s Taste Aces Private Limited


M/s SemiCab Inc.


M/s Aurora Retail Pvt Ltd.


M/s Purezza Kids Pvt Ltd.


M/s Konsultera Solutions Pvt Ltd.


M/s KClassy Pvt Ltd.


LambdaTest India Pvt Ltd.


M/s Geeks At Works Pvt Ltd.


M/s Comviva Pvt Ltd.


M/s Cilio Technologies LLC


M/s TechPerspect Software Pvt Ltd.


M/s Provana, LLC


Gently Altered


Hedge & Sachs


Pivotree


Principaux dossiers


  • Assisted Taste Aces with their setting up of the business structure.
  • Assisted Semi Cab Inc. with its day to day business operations.
  • Assisted Aurora Retail Pvt Ltd. with the drafting and reviewing of various manufacturing and distributor agreements.

Gravitas Legal

The corporate and M&A practice at Gravitas Legal continues to advise domestic and international corporations on cross-border M&A and corporate transactions involving private equity firms and joint ventures. New Delhi-based founding partner Varij Sharma heads the practice.

Responsables de la pratique:

Varij Sharma


Les références

‘People involved throughout any proceedings and in all aspects are hands-on.’

‘The individuals go above and beyond their official mandate to ensure the job is done correctly. Never cut corners.’

Principaux clients

HDFC Bank Limited


Caliber Brands FZE


IDBI Capital Markets & Securities Limited


Biltech Building Elements Limited


Resolvit, LLC & Resolvit Int’l


Avantha Technologies Limited


Aljomaih Energy and Water Company


ITEUVE India Private Limited


Pan Global Trade


Muse India Heritage Concepts Private Limited


Khurana & Khurana, Advocates and IP Attorneys

At Khurana & Khurana, Advocates and IP Attorneys, the commercial and corporate practice is highly regarded for its solid track record in acting on corporate transactions, including private equity investments. Corporate & tax practice head, Anubhav Gupta, handles a mix of M&A, venture capital, and corporate advisory matters. Harsha Aswani is another name to note.

Responsables de la pratique:

Anubhav Gupta


Autres avocats clés:

Harsha Aswani


Principaux clients

AARCA RESEARCH INDIA PVT LTD


Pure Capital


Arabesco


Mestis Energy Private Limited/ EMO Energy


Centre for Development of Advanced Computing, India


Sunfox Technologies Private Limited


Boston Ivy Healthcare Solutions Pvt. Ltd


Sunfox Technologies Private Limited


BLACK FROG TECHNOLOGIES PRIVATE LIMITED


On2Cook India Private Limited


Qurex Health Technologies Private Limited & Qurex Technologies Private Limited


Rahul Mishra


Sun Pharmaceutical Industries Limited


Aurolabs


Castolin Eutectic Middle East FZE (Dubai,UAE)


Aureus Group LLC (Dubai, UAE)


Acuver Consulting Private Limited


Sandmartin


Axeno Consulting Private Limited


Trickle Flood Technologies Private Limited(India P2P)


Setu Nutrition Private Limited


Perpetuuiti Technosoft Services Pvt. Ltd.


Ullu Digital Private Limited


Winmagic Toys Private Limited


Billu Personal Care Private Limited


Mindgrep Technologies Private Limited


Birdi Systems, Inc. (USA)


Black Ace Digital Private Limited


Buyogo Technologies Private Limited (India)


Buyogo Ventures Pte Ltd. (Singapore)


Buyogo Bangladesh Pvt. Ltd. (Bangladesh)


i2K2 Networks Pvt. Ltd.


Goyal Brothers Prakashan


Balaa Decision Support Systems Private Limited (Co-Guide)


Epygen Biotech Private Limited


Devigere Biosolutions Pvt. Ltd


Yazaki


BeerensGas


Arivation Fashiontech Private Limited


Principaux dossiers


  • Advised Arivation Fashiontech Private Limited on $1m seed fund raise.
  • Advised Aarca Research India Private Limited on $1m seed fund raise.
  • Advised Mestis Energy Private Limited on $10m seed fund raise.

King, Stubb & Kasiva

King, Stubb & Kasiva handles a steady flow of M&A transactions. Sindhuja Kashyap, Rajesh Sivaswamy and Vatsal Gaur spearhead the team in Delhi and are the key ports of call for cross-border M&A,  commercial contracts and commercial transactions.

Responsables de la pratique:

Rajesh Sivaswamy; Sindhuja Kashyap; Vatsal Gaur


Principaux clients

Barrix Agro Sciences Private Limited


Dileep Crafts Private Limited


Karnataka Information Technology Venture Capital Fund


Zetwerk Manufacturing Business Private Limited


Pramac Iberica S.A.U


Can Bank Ventures


RCV Ventures India Private Limited


Talent Unlimited Online Services Private Limited


Principaux dossiers


  • Advised Can bank Ventures on the acquisition of KRSV Innovative Auto Solutions Private Limited by Schaeffler India.
  • Represented RCV VENTURES in incorporating a joint ventures in India.
  • Assisted Talent Unlimited Online Services Private Limited with its investment of the target company.

Maheshwari & Co. Advocates & Legal Consultants

The corporate team at Maheshwari & Co. Advocates & Legal Consultants handles a steady stream of deals for a diverse portfolio of clients. The team saw an increase in instructions from clients in the technology sector. Practice head Jyotsna Chaturvedi has wide-ranging corporate expertise and is regularly instructed on restructuring, M&A, private equity and venture capital mandates.

Responsables de la pratique:

Jyotsna Chaturvedi


Principaux clients

Adicomp


Recast


Propeler


IIT Roorkee


Nutrex Research, Inc. x


Plantex


GIZ


Instafix


JOPP Group


Herose


Principaux dossiers


  • Assisted Adicomp with the establishment of a joint venture with an Indian company, to expand its business in the Indian market.
  • Assisted Recast with the drafting of foolproof talent agreements and ensured the protection of the creators associated with the organization.
  • Assisted Nutrex, with the entering in the Indian market through franchise agreement.

Saga Legal

With expertise spanning the aviation, healthcare, technology and hospitality sectors, Saga Legal is well-positioned to advise clients on the full spectrum of corporate mandates. The team has a track record of assisting clients on commercial agreements, including joint ventures and contract collaborations. Sanika Mehra heads up the department.

Responsables de la pratique:

Sanika Mehra


Principaux clients

Pep Technologies Pvt. Ltd.


Unscript AI Private Limited


Guardians Ems Private Limited


Talent On Lease Private Limited


Blue Santos Technologies Pvt Ltd


Yamuna International Airport Pvt. Ltd.


Floworks Solutions Pvt. Ltd.


Principaux dossiers


  • Assisted Sharad Sachdeva with the bidding process, including negotiation after the technical and financial bids.
  • Advised Amey Shetty on compliances related to the Legal Metrology and Advertising Standard Council of India.
  • Assisted Ritwika Chowdhury with end-to-end legal support in drafting, negotiating, and vetting transaction documents and agreements.

Ahlawat & Associates

The corporate and M&A practice at Ahlawat & Associates advises on complex cross-border M&A and commercial transactions. Uday Singh Ahlawat focuses on inbound and outbound investments, and jointly leads the team with Sheena Ogra who has substantial experience assisting clients with structuring, drafting, and negotiating private equity transactions.

Responsables de la pratique:

Uday Singh Ahlawat; Sheena Ogra