AZB & Partners’ fintech department delivers comprehensive services, combining transactional expertise with regulatory insight to advise on a broad range of matters, including entry strategies, regulatory approval and compliance processes, as well as new product launches and the structuring of contractual arrangements. The practice also offers advice on M&A, data privacy, internal investigations and regulatory aspects of emerging technologies, most notably blockchain, cryptocurrency and payments services. Ashwath Rau leads the practice from Mumbai, and has a wealth of experience in assisting banks, non-banking financial entities, securities market intermediaries, insurance companies, and fintechs. Rohan Bagai plays a central role in regulatory issues concerning payment systems and e-wallets, while Vipul Jain focuses on fintech-related transactions. Aditya Alok and Navdeep Baidwan are also key contributors, advising on matters involving payment providers, online marketplaces, and broader fintech issues.

With expertise spanning transactional, regulatory, and enforcement mandates, the fintech practice at Cyril Amarchand Mangaldas is engaged by digital lenders, neo-banks, digital asset and blockchain providers, payment system operators, big-tech companies, and a diverse range of other clients. The team is jointly led by Mumbai-based partners Anu Tiwari, who specialises in enforcement proceedings before the RBI, SEBI, SFIO, and other regulatory bodies; and Cyril Shroff and L. Viswanathan, both of whom are highly regarded for their expertise in financial services regulation — the former contributing through his experience with SEBI and other regulatory committees, and the latter noted for advising on regulatory frameworks governing innovative financial products. Ketaki Mehta is a key contact for matters involving cross-border payments and digital asset regulation.

Offering services described as ‘very well thought out and very well rounded’, the fintech practice at CMS INDUSLAW is recognised for its balanced and comprehensive expertise, providing both regulatory, transactional, product structuring and licensing support to payment aggregators, digital lending platforms, digital asset operators, and a wide range of other stakeholders. Avimukt Dar is noted for expertise in fintech and e-commerce transactions, while Namita Viswanath, based in Bengaluru and a partner of the TMT practice, is highly regarded for her proficiency in fintech regulatory compliance. Shreya Suri frequently advises domestic and international clients on market entry strategies, business and product structuring, data privacy, and commercial agreements. Raghav Muthanna is another key contact who stands out for his expertise in RBI and SEBI regulatory issues.

Juris Corp’s financial services practice is well regarded for its regulatory expertise, but the team is also well placed to advise clients on cross-border transactions, new product launches, licensing, registration and authorisation matters, data protection, and engagement with the RBI, FIMMDA, and other regulatory authorities. Practice head Jayesh H is recognised for his work in digital lending, tech-led financial products, and enforcement actions. Smrithi Nair specialises in payment systems regulation, while Ankit Sinha routinely advises banks, financial institutions and fintech players on regulatory matters and cross-border lending matters. Saurabh Sharma is also a key member of the team, handling both contentious and non-contentious financial services matters.

The fintech practice at Shardul Amarchand Mangaldas & Co has a strong track record advising domestic and international banks, fintech companies, and start-ups on product structuring, regulatory compliance, data protection, policy and regulatory developments and transactional matters. Based in New Delhi, Shilpa Mankar Ahluwalia leads the team and is recognised for her expertise in virtual assets and cryptocurrency regulations. Shubhangi Garg specialises in digital payment product regulations, while Hemant Krishna is experienced in corporate transactions and regulatory matters relating to data privacy, cybersecurity, e-commerce, and digital assets. Himanshu Malhotra is highly active in payment wallets, platforms, and digital financial product matters, handling both transactional and regulatory work.

Ikigai Law’s fintech practice has experience across a wide range of mandates, and provides regulatory compliance advice on digital lending, payments, neo-banking, wealth tech and digital assets, including cryptocurrency and blockchain. Aparajita Srivastava leads the team, bringing a wealth of experience in fintech regulations and new product development and design. Anirudh Rastogi is a key team member for digital asset-related work, including contractual, regulatory and policy matters. Sreenidhi Srinivasan, who heads up the firm’s data practice, works on various e-commerce and fintech matters.

JSA Advocates & Solicitors‘ fintech team provides regular advice to domestic and international clients on transactions, projects and regulatory issues involving payment systems, blockchain, payment aggregators, innovative lending services and other products. Probir Roy Chowdhury, who based in Bengaluru, co-heads the team with Sidharrth Shankar in Gurugram. Chowdhury is adept at handling transactional, contractual and regulatory matters in the fintech space, while Shankar is a seasoned corporate lawyer. Sajai Singh is another name to note for transactional work and financial regulations. Dheeraj Nair, who is experienced in litigation and regulatory proceedings, and banking and finance specialist Anish Mashruwala are also key members of the team.

Khaitan & Co LLP’s fintech and financial services regulatory team stands out for its ‘knowledge of the industry and diverse know-how’. The team advises on a wide range of mandates, including innovative product licensing, fintech regulations, market entry and compliance, as well as blockchain and payment-related matters. Sanjay Khan Nagra is a key figure in the group who is particularly active in emerging tech, including fintech, payments, blockchain, e-commerce, SaaS and AI. Smita Jha is commended as ‘a thorough adviser’, with extensive experience in innovative financial service products, digital lending solutions and payments. Prashanth Ramdas and Vidushi Gupta are also key members of the practice, with notable expertise in wealthtech, insurtech, and cross-border fintech and financial services matters.

Kochhar & Co.’s fintech and financial services practice offers expertise across transactional, regulatory, and contentious matters, advising clients on e-commerce, digital payments, lending, blockchain, cryptocurrency and crowdfunding. Stephen Mathias, a key contact for data protection issues, and Anuj Kaila, who assists fintech companies, start-ups and other clients on compliance with payment regulations, are the names to note in Bengaluru. In Mumbai, Sharmil Bhushan is a key member of the team, focusing on lending transactions, insolvency and mandates in the fintech and financial services sector. Arun Babu, also in Bengaluru, contributes deep expertise in payment aggregator, cryptocurrency, and digital lending regulations.

The fintech and financial services regulatory practice at Spice Route Legal offers a ‘mission-aligned, execution-obsessed’ service that is deeply attuned to emerging and innovative areas of the fintech sector. Called upon by prominent global financial services institutions, technology companies and fast-growing businesses, the team advises on digital assets, fintech regulation, fraud management, digital lending, tokenisation solutions and crypto offerings. Ankita Hariramani and Mathew Chacko lead the Mumbai and Bengaluru teams, respectively, with Hariramani bringing strong expertise in fintech regulatory issues, and Chacko also noted for his experience in financial services regulations and cross-border matters. Promoted in April 2025, Aadya Misra is recognised for her work in financial-sector data privacy matters, while Karthik Somasundram is a seasoned practitioner in contentious and regulatory matters before the RBI, SEBI, and various courts concerning financial services issues.

The fintech and financial services practice at Trilegal leverages extensive experience advising domestic and international clients on FEMA, NPCI, digital lending, cross-border payments, blockchain, and virtual assets. The team is recognised for its ‘deep regulatory insight paired with a practical understanding of India’s fast-evolving fintech landscape’. Bengaluru-based Rahul Matthan heads up the group and is widely regarded for his more than 25 years of experience in the technology sector. Nikhil Narendran is an authority on fintech and digital lending matters, advising on business models, regulatory issues and day-to-day operational challenges, while Jyotsna Jayaram - noted for her experience in structuring new business models in the payments and fintech spaces - is praised for her ‘deep legal knowledge, combined with strong technical expertise and sharp business acumen’. With a strong focus on disruptive technologies, Jaideep Reddy is highly active in advisory and contentious work involving e-commerce, payments structuring, anti-money laundering compliance and enforcement actions. Jishnu Sanyal, who was promoted to partner in May 2025, is another name to note for contractual and regulatory mandates in the fintech space.

The Mumbai-based fintech and financial advisory team at Economic Laws Practice advises banks, fintechs, insurance companies and investment firms on a broad spectrum of regulatory issues. The team is particularly strong in fintech regulatory matters, RBI and SEBI–related contentious mandates, as well as incorporations and other transactional work. Suhail Nathani heads the practice and works alongside Jitendra Motwani on tax-related matters. Rahul Charkha and Vinod Joseph are well-versed in venture capital, investment, and other transactional aspects of the financial sector.

DSK Legal’s fintech and financial services regulatory practice provides comprehensive support to domestic and multinational clients across regulatory compliance, transactions involving proprietary technology, and security incident response matters. Anand Desai, managing partner in Mumbai, co-heads the practice alongside New Delhi-based Rishi Anand and Chirag Jain, both of whom possess extensive experience in e-commerce, fintech, and digital lending matters.

With specialised expertise in financial services regulation, Finsec Law Advisors is engaged by fintech companies, investors, investment funds, asset managers, and other clients for advice on fintech transactions, contentious matters, regulatory issues and enforcement actions. The practice has expanded to assist clients with regulatory frameworks for blockchain-based products, cryptocurrencies, tokenisation models, and digital lending platforms. Sandeep Parekh, a specialist in financial regulatory issues, co-heads the team with Anil Choudhary, who regularly acts in investigations, summons and other regulatory actions before SEBI, RBI and the SAT. Parker Karia is a key team member, advising fintech companies, portfolio managers, and investors on regulatory issues, while Rashmi Birmole often handles show cause and settlement proceedings before SEBI and the Securities Appellate Tribunal (SAT).

With broad capabilities across payment systems, fintech products, and transactional work, the fintech and financial services regulatory practice at Samvad Partners serves as a go-to destination for both contentious and non-contentious mandates, and is experienced in representing clients before regulatory bodies such as the RBI, SEBI, and others. Vineetha MG and Neela Badami head up the Mumbai and Bengaluru teams, respectively, and are recognised for their expertise in digital payment solutions, cryptocurrency, fintech transactions and regulations, among other mandates. Based in Bengaluru, Nivedita Nivargi is also noted for her deep knowledge of fintech matters.

Saraf and Partners’ fintech practice serves as a key hub for transactions in the fintech and financial services sector, advising both domestic and international clients. The team is jointly led by Mohit Saraf, who operates across Delhi and Mumbai and brings extensive experience in high-value transactions; Vaibhav Kakkar, noted for his expertise in structuring transactions and fintech regulations; and Sahil Arora, who works on a range of sophisticated regulatory matters involving payment and technology companies.

SNG & Partners’ fintech team is highly regarded for its experience in guiding clients through RBI, SEBI, and UPI regulations, including those applicable to emerging and innovative financial products. Anju Gandhi leads the practice and is a key contact for both domestic and cross-border mandates involving banks and financial service providers. She works closely with Rashmi Raveendran and Sweta Mehta, who possess broad expertise in lending transactions, fintech matters and in navigating RBI and FEMA regulatory frameworks.

The fintech and financial services regulatory practice at Talwar Thakore & Associates advises on a broad range of matters, with particular experience in cross-border transactions, payment systems and securities trading regulations. The group is adept at assisting with licensing and registration matters, digital lending, neobanking products and high-end regulatory issues. The Mumbai-based team includes Rahul Gulati, who brings notable expertise in payment systems-related matters; Ritika Singal, a name to note for regulatory issues; and Uzma Naseem, who focuses on the fintech sector.