IndusLaw > Hyderabad, India > Firm Profile
IndusLaw Offices
204, ASHOKA CAPITOL
ROAD NO. 2, BANJARA HILLS
HYDERABAD 500 034
India
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IndusLaw > The Legal 500 Rankings
India > Capital markets Tier 1
IndusLaw advises clients on the issuance of debt and equity instruments, securities transactions, disclosures and regulatory issues. The team has worked on several high-profile capital markets matters with key clients, including real estate businesses, pharmaceuticals companies and financial institutions. Team lead Manan Lahoty has expertise in international capital markets and public offerings, and Vishal Yaduvanshi covers a broad range of transactions, including IPOs, QIPs, rights issuances and buybacks. Ravi Dubey regularly advises issuers, investors and underwriters on debt and equity transactions, while Manshoor Nazki focuses on domestic and international listings of equity, debt and convertible securities. The other key members include Abhiroop Lahiri and Abhyuday Bhotika.Practice head(s):
Manan Lahoty
Other key lawyers:
Testimonials
‘IndusLaw’s team is very responsive, client focused and can independently manage transactions.’
‘Manan Lahoty, Abhiroop Lahiri and Vishal Yaduvanshi have a very good understanding of client issues and can communicate market and SEBI positions on complex issues.’
‘The IndusLaw firm has a team of highly skilled and specialized lawyers with extensive experience in various practice areas. This breadth of expertise allows the firm to provide comprehensive and tailored solutions to its clients’ diverse legal needs. The client-centric approach is one of its standout features. The team takes the time to understand each client’s unique goals, challenges, and industry landscape, ensuring that their legal advice aligns with the client’s business objectives. The firm is known for its diligence and dedication to providing top-notch legal services. The team goes the extra mile to research, analyze, and strategize, ensuring that clients receive high-quality representation and counsel at every stage of their legal matters.’
‘The individuals at IndusLaw stand out due to their expertise, client-centric approach, proactive problem-solving, and collaborative teamwork. Abhyuday Bhotika, as a standout partner, embodies these qualities. Clients seeking legal services from IndusLaw can have confidence in the proficiency and dedication of the team, led by exceptional professionals like Abhyuday and his team.’
Key clients
Macrotech Developers Limited
Honasa Consumer Limited
Suzlon Energy Limited
SAMHI Hotels Limited
Cyient DLM Limited
Blue Jet Healthcare Limited
Concord Biotech Limited
FirstMeridian Business Services Limited
Allied Blenders and Distillers Limited
Fusion Microfinance Limited
Fincare Small Finance Bank Limited
Concord Enviro Systems Limited
Balaji Specialty Chemicals Limited
Innova Captab Limited
Lohia Corp Limited
Rashi Peripherals Limited
SPC Life Science Limited
Updater Services Limited
Edelweiss NCD
Navi Technologies Limited
Utkarsh Small Finance Bank Limited
Work highlights
- Advised BRLMs on all aspects of Indian law in the proposed Qualified Institutional Placement by Macrotech Developers Limited.
- Advised BRLMs on all aspects of Indian law in the proposed initial public offering by Honasa Consumer Limited.
- Advised BRLMs on the proposed initial public offering of equity shares of Oravel Stays Limited.
India > Corporate and M&A Tier 1
Remaining highly active across the corporate and M&A space, the team at IndusLaw advises on the full range of public and private corporate transactions. The firm has in-depth experience of acting on behalf of clients within the pharma, technology, and automotive industries, and is well equipped to handle any compliance issues and securities law matters. Operating out of Delhi, Avimukt Dar and Gaurav Dani are experts in handling cross-border M&A and financial investment transactions, with the latter being both a US and Indian qualified lawyer. In Bengaluru, Kartik Ganapathy specialises in joint ventures and Indian corporate law, and Suneeth Katarki focuses on corporate restructurings. From Mumbai, Ravi Kumar regularly advises on private equity transactions, Amrit Mehta concentrates on foreign direct investments, and the team is further enhanced since Siddharth Manchanda has joined. Manish Gupta departed the practice to join Shardul Amarchand Mangaldas & Co in October 2023.Practice head(s):
Avimukt Dar; Gaurav Dani; Kartik Ganapathy; Srinivas Katta; Suneeth Katarki
Other key lawyers:
Saurav Kumar; Ravi Kumar; Pallavi Kanakagiri; Anindya Ghosh; Winnie Shekhar; Amrit Mehta; Harman Walia; Minhaz Lokhandwala; Aakash Dasgupta; Ankita Gupta; Nikita Goyal; Ashwin Krishnan; Rahul Tiwari; Stuti Agarwal; Swathi Sreenath; Rashi Bharadwaj; Siddharth Manchanda
Testimonials
‘They understand the M&A market practices, Corporate restructuring well. Engaged team, willing to listen and provide solutions with options. Upfront and clear in communication and delivery promise.’
‘Kartik Ganupathy and Aakash Gupta are highly responsive with excellent technical expertise and able to provide commercial insights for the clients.’
The team led by Harman Walia provided always quick and detailed advices. It was really helpful. They have full knowledge on equity investment deals and always provided helpful advice in advance to go forward the deal smoothly. They also always provided detailed explanation so that there were no mis-communications among us and our client. Harm strongly supervised their team.’
Indus Law has a great team of lawyers, very well diversified in terms of knowledge and experience. Their approach to the client issues is very professional and precise. They deep dive on the problem with the client.’
‘Mr Gaurav Dani has experience, persistence and maturity in dealing with complex situations and coming out with innovative solutions. He is always upfront in telling the risk and provide solutions that can work.’
‘IndusLaw team is agile and focuses on all the requirements of the mandate, including commercial objectives, timelines etc. Easily reachable team. Anindya has been an integral advisor on multiple matters. He is easily approachable and provides a wholistic opinion.’
‘Ashwin has also advised us on several matters over the years and is easily approachable.’
‘Good work with flexibility in the billing. Gaurav Dani and Saurav Kumar are both experienced and engaged with each matter.’
Key clients
PhonePe
Takahata Group and Takahata India
Epi Source
ShareChat
Infosys
FirstCry
Pine Labs
Blinkit
Sequoia
Lockstep Networks, Inc
Unacademy
Hindustan Unilever Limited
Mahanagar Gas Limited
Remidio
Gems Paints
Ocean Sparkle
Alight
Renew Power
Lithium Urban Technologies
MissMalini
Springwel Mattresses
Spinny
Work highlights
- Completed a full ownership separation of PhonePe from Flipkart, making PhonePe a fully India-domiciled company, a process that had started earlier this year.
- Acted as the Indian counsel for the Takahata Group and Takahata India on Shriram Pistons and Rings’ acquisition of 75 percent stake in Takahata Precision India Pvt. Ltd.
- Advised Blinkit and Sequoia in relation to Zomato’s acquisition of the quick commerce company, Blinkit (formerly Grofers) and its warehousing and ancillary services business (including providing warehousing, logistics and transportation services, inventory management services and other technology services).
India > Data protection Tier 1
Acting for large domestic and multinational corporations, IndusLaw has a broad data protection practice that is adept at handling all aspects of data processing, protection, and optimisation, as well as advising on data breach responses and compliance frameworks. With significant expertise in international data law frameworks such as the GDPR, international and cross-border mandates are a notable area of strength for the team. Practice co-head Namita Viswanath, based in Bengaluru, has a broad data privacy practice focused on regulatory, policy, and compliance issues for clients across a broad spectrum of industries, with particular emphasis on emerging technologies and the fintech sectors. Founding partners Suneeth Katarki and Avimukt Dar oversee the department from the Bengaluru and New Delhi offices, respectively. Also in New Delhi, Shreya Suri is recommended for her ‘well-rounded and practical advice'; she has a broad practice that covers compliance, regulatory, and commercial matters for clients in the telecoms and e-commerce sectors.Practice head(s):
Avimukt Dar; Suneeth Katarki; Namita Viswanath; Shreya Suri
Testimonials
‘Shreya Suri provides well-rounded and practical advice while keeping in mind our business offerings.’
Key clients
RooFoods Ltd. (Deliveroo UK)
Moody’s Corporation
Paychex Inc.
FedEx
Delhivery Private Limited (Delhivery)
Mango Sciences
Scrut.io (Riversys Technologies Private Limited)
TalentSprint
Azalp Technologies Private Limited (Rigi)
Work highlights
- Advised Netlink on its response protocol for an identified data breach, drafted the breach report and submitted the same to the Indian Computer Emergency Response Team (CERT-In) constituted under the Information Technology Act, 2000.
- Advised Moody’s, one of the worlds’ largest technology and data-enabled companies supporting the financial industry, on the new and then nascent cybersecurity directions applicable to various intermediaries and service providers issued by the CERT-In (Directions), the regulatory body for investigating and providing support on mitigation measures for cybersecurity incidents in India, on the key implications, the compliances and reporting required thereunder, and nuances relating to the extraterritorial applicability thereof.
- Advised Amazon.com Services LLC on the extraction and use of data and personal images to train a machine learning algorithm which would be applied globally. In this context, assisted Amazon in reviewing their agreements from the perspective of Indian data privacy and protection laws as well as intellectual property rights.
India > Fintech and financial services regulatory Tier 1
IndusLaw supports clients across a wide range of work including setting up business for fintech innovators, M&A concerning financial institutions, representations before the Indian exchange control regulators and regulatory compliance for virtual assets including cryptocurrencies and NFTs. A quartet of partners head up the practice: Avimukt Dar frequently assists private equity investors with strategic financial investment transactions; Suneeth Katarki is noted for his prowess in corporate restructuring mandates; TMT specialist Namita Viswanath is a leading choice for regulatory matters relating to data usage, storage and security; and Shreya Suri is well versed in payments infrastructure work. Principle associate Raghav Muthanna is singled out for his fintech expertise.Practice head(s):
Avimukt Dar; Suneeth Katarki; Namita Viswanath; Shreya Suri
Other key lawyers:
Key clients
Google India Digital Services Private Limited
Pine Labs Pte. Ltd. (Pine Labs)
PhonePe
EpowerX and RKSV Securities
Ricoh India Limited
Billionbrains Garage Ventures Private Limited and its group companies (conducting business as Groww)
R360 Payment Services Private Limited
Fampay Solutions Private Limited
Nehat Tech Solutions Private Limited
Refyne Tech Private Limited (Refyne)
QFI Technologies Private Limited (Niro Money)
Aspire Fintech Private Limited
Vouchagram India Private Limited (Vouchagram)
Cipherhut Software India Private Limited (CoinXV)
Scapia Technology Private Limited
Artistfirst Technology India Private Limited
Work highlights
- Advised Google on various payments and financial technology matters, including advice on digital lending regime.
- Advised PineLabs on a one hundred percent strategic acquisition of SETU.
- Advised RKSV Securities Private Limited (Upstox) in an internal business restructuring.
India > Labour and employment Tier 1
The dedicated labour and employment team at IndusLaw excels across the full spectrum of matters, both contentious and non-contentious, and acts for large multinational corporations across all industry sectors. Bengaluru-based head of the practice Avik Biswas has extensive expertise advising on employment contracts, in internal disciplinary inquiries, and in handling sexual harassment proceedings. Mumbai-based Sowmya Kumar is a key contact for mandates relating to reductions in force exercises and senior management severances. Vaibhav Bhardwaj in New Delhi is also key name. Bengaluru-based principal associate Ivana Chatterjee‘s broad practice has particular emphasis on industrial relations and disputes.Practice head(s):
Avik Biswas
Other key lawyers:
Testimonials
‘This team is incredibly responsive and provides actionable advice.’
‘Indus Law team has been supporting me in various kinds of labour matters and their candidness, and pragmatic solutions help us to win in complex situations.’
‘The team has a good understanding of legislation and also understand the nuances involved in a matter.’
Key clients
Coca Cola India
PhonePe
Infosys Technologies
Siemens India
Pernod Ricard India
Mahindra Group
Gameskraft
InMobi Technologies
Unacademy
Conviva Technologies
Wipro Limited
Smarsh India
Allegis India
3M
Worley India
Air India
Work highlights
- Advised Air India Limited, India’s largest international carrier, on a mammoth merger harmonisation exercise which was on account of the acquisition of Air India Limited by the Tata group.
- Advised Wipro Limited, a leading Indian multinational technology services and consulting company with a workforce of approximately 150,000, on a wide range of Indian employment law matters and market practices.
- Advised two Indian entities of the Siemens Group on social security matters, including representing them before provident fund authorities in Mumbai and filing a writ petition before the jurisdictional High Court against an adverse order issued by provident fund authorities in Bangalore.
India > Private equity funds (including venture capital) Tier 1
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.Practice head(s):
Avimukt Dar; Gaurav Dani; Kartik Ganapathy; Srinivas Katta; Suneeth Katarki
Other key lawyers:
Saurav Kumar; Manish Gupta; Pallavi Kanakagiri; Winnie Shekhar; Anindya Ghosh; Rahul Tiwari; Minhaz Lokhandwala
Testimonials
‘Detail-oriented, readily available and always prompt. Creative in their problem-solving, collegial in working across companies where it is important to maintain a strong working relationship.’
‘Winnie Shekhar stands above in her knowledge of the industry, willingness to dive into the details and leave no stone unturned to unlock barriers to finish transactions.’
‘The team is willing to go above and beyond in meeting our expectations in respect of the scope of work and the timelines. They gave legally sound, commercially viable advice and were absolutely professional at all points.’
‘Minhaz Lokhandwala is always available for calls and negotiations.’
‘Indus Law has a strong funds practice. They have a good team and strong sectoral expertise, helping us to close our transactions efficiently.’
‘The Indus Law team is very strong in venture capital investments and disposals. They are highly involved in deals across multiple sectors and have a good sense of market practices and trends in this space.’
‘Mayukh Datta is a standout for us as he is technically strong, commercially minded and able and willing to go the extra mile for us in difficult commercial negotiations with counter-parties and their counsel.’
‘Anindya Ghosh’s personal approachability, understanding of client requirements and advisory after considering all factors stands out.’
Key clients
CX Partners
ShareChat
PhonePe
Accel Partners
Elevation Capital
Orbimed
Sequoia Capital
Healthkart
FirstCry and its subsidiary Globalbees
Xpressbees
Elevar
B Capital
PhysicsWallah
Medibuddy
Ribbit Capital
Stellaris Venture Partners
Hummingbird Ventures
Unilever Ventures
Yulu Bikes
Endiya Partners
Classplus
Brunei Investment Agency
Kinara Capital
Juspay Technologies
Nexus Ventures
Aiquire Inc. (Pixis)
Cashify
Vertex
British International Investment
Chiratae
Evolvence
Cygni Energy Private Limited
Signzy
Epigamia
Work highlights
- Advised and represented PhonePe in relation to its fund raise of USD 350 million from General Atlantic at a pre-money valuation of USD 12 billion.
- Advised and represented Mohalla Tech Private Limited in relation to its Series H funding round of approximately USD 255 million from group marquee, private equity and strategic investors – Google, Temasek, Times group and other existing investors.
- Advised and represented PhonePe in relation to its fund raise of USD 200 million from Walmart, at a pre-money valuation of USD 12 billion.
India > TMT Tier 1
IndusLaw offers nationwide expertise in advising domestic and international clients on all elements of data privacy, e-commerce, fintech, and digital gaming. The team closely liaisons with regulatory bodies and assists with the development of policy, with the Delhi-based Avimukt Dar consistently supporting financial institutions on foreign investment and competition laws. In Bengaluru, Suneeth Katarki focuses on strategic IP issues and consumer tech, whilst Namita Viswanath handles software and AI matters. Mumbai-based Ranjana Adhikari is an expert on cross-border joint ventures and tech collaborations, and Shreya Suri concentrates on OTT services from Delhi. Naqeeb Ahmed Kazia is also highlighted as key.Practice head(s):
Avimukt Dar; Suneeth Katarki; Namita Viswanath; Ranjana Adhikari; Shreya Suri
Other key lawyers:
Testimonials
‘The Partners are knowledgeable, have business acumen and client understanding.’
‘Great team, one of the best in domain of entertainment.‘
Key clients
Google India Digital Services Private Limited
Mohalla Tech Private Limited (ShareChat)
Fyndna
IndiGG
FedEx
Sporta Technologies Pvt. Ltd (Dream11) and Rario
Liberate Foods Pvt Ltd, MoooFarm Pvt Ltd, and Finance Pvt Ltd (Kinara Capital).
Nike India Private Limited
Policy advocacy for online gaming – assisting self-regulatory associations and government departments
Artistfirst Technology India Private Limited (Fantiger)
Exotel
Koo
Unacademy
Multiple domestic and overseas online game operators offering new and innovative formats
Multiple operators of online opinion trading platforms
Rigi
Work highlights
- Advised a global Web3-decentralized autonomous organization (DAO) platform in structuring their global business, navigating their regulatory compliance and license requirements, and setting their operations prior to launch.
- Advised and represented a social media unicorn in its strategic acquisition of a short video application.
- Advised Google on various payments and financial technology matters, including advice on digital lending regime, including assistance with operating as a Bharat Bill Payment Operating Unit (BBPOU) agent to facilitate bill payment and recharges.
India > Banking and finance Tier 2
The banking and finance team at IndusLaw handles a wide range of cross-border matters related to structured finance, security creation, inter-creditor issues, debt restructuring, and the issuance of corporate debt. The team works with borrowers and lenders from multiple industries, with a particularly strong presence in the energy, infrastructure and natural resources sectors. Sushmita Gandhi regularly handles proceedings against some of the biggest debt defaulters in India, while Ashutosh Narang specialises in all forms of debt financings and restructuring transactions. The team was further strengthened by the arrival of Pritha Chatterjee, who has extensive experience in advising clients on syndicated loans, foreign currency financings, and debt investments.Practice head(s):
Gaurav Dani; Sushmita Gandhi; Ashutosh Narang; Padmaja Kaul; Shabbeer Ahmed; Apurbalal Malik; Pritha Chatterjee
Testimonials
‘IndusLaw team is excellent, good domain knowledge and delivery is quick, as per the timelines.’
‘Ashutosh Narang is a thorough advocate and takes a practical approach while negotiating documents. He believes in a quick turnaround.’
‘The team provides solutions under one umbrella, and briefing counsel attached to the firm are also important. Easier access through technology is the most important aspect.’
‘Easier accessibility and approachable at any point in time.’
Key clients
GAIL (India) Limited
DBS Bank
J.C. Flower Asset Reconstruction Company Pvt. Ltd.
YES Bank Limited
Pune Solapur Expressways Private Limited
MSTC Limited
Axis Bank Limited
ICICI Bank
IndusInd Bank
Asset Care and Reconstruction Ltd
Citibank
Asset Reconstruction Company (India) Limited
Phoenix ARC Private Limited
Edelweiss Asset Reconstruction Company Limited
DMI Finance Private Limited
L&T Finance
HDFC Bank Limited
Thrissur Expressway Limited
TATA Realty and Infrastructure Limited
KMC Infratech Limited
RBL Bank Limited
Certus Capital Private Limited
Fishin’ India Private Limited and Yari Limited
Work highlights
- Advised GAIL (India) Limited, a Maharatna entity of the Government of India, on the issuance of Listed Rated Taxable NCDs of up to ₹1,575cr.
- Representing DBS Bank in a highly contentious litigation against Religare group of companies for $110m.
- Advised Pune Solapur Expressways Private Limited on taking over of the outstanding loan of ₹711cr from Kotak Mahindra Bank Limited and Union Bank of India, by a consortium of lenders comprising Central Bank of India and Bank of Maharashtra.
India > Dispute resolution: litigation Tier 2
IndusLaw‘s dispute offering has particular strength in the financial sector, regularly acting for multinational corporations and financial entities. Amit Jajoo and Mayank Mishra jointly head the team from Mumbai and New Delhi respectively; the duo regularly represent clients before the High Courts and Supreme Courts and specialise in insolvency and restructuring-related litigation, as well as promoter and shareholder disputes. Another core member of the Mumbai team is Sushmita Gandhi, recommended for her expertise in debt-related proceedings. Shabbeer Ahmed, in Hyderabad, focuses on civil and commercial litigation, acting for clients in the finance sector, while New Delhi’s Padmaja Kaul is also highly recommended by clients. The firm further strengthened its Bengaluru disputes offering in May 2023, with Suadat Ahmad Kirmani joining from Tatva Legal.Practice head(s):
Amit Jajoo; Mayank Mishra
Other key lawyers:
Testimonials
‘Familiar with the local scenario and peculiarities.’
‘The team is aware of the nuances of litigation and pre-litigation strategies and tactics. Available, responsive and provide quality advice.’
‘Amit Jajoo and Sushmita Gandhi provide excellent strategic advice.’
‘The team’s strength is in understanding the client perspectives and then analysing the situation from an outcome standpoint.’
‘Shabbeer Ahmed has attended to our requirements on a 24/7 basis with deep client-specific understanding.’
‘I have been working with a dispute resolution team led by Padmaja Kaul for many years, with positive resolutions only. I am confident about their skills and expertise. Great team who put clients’ goals and requirements ahead of anything. Kudos to Padmaja Kaul!!’
Key clients
PhonePe
CTR Manufacturing Industries Private Limited
Brigade
West Bengal Industrial Development Corporation
Oravel Stays Limited (OYO)
Orbimed
Glocal Healthcare Systems
Elevar
Sequoia Capital
Brigade Enterprises Limited
Vatika Limited
HDFC Bank
FedEx
Pine Labs
Uber India
Executive Chairman of Finolex Cables Ltd.
Independent Sugar Corporation Ltd.
Director at Nexus India Capital Advisors Private Limited.
Asset Reconstruction Company (India) Limited (“ARCIL”)
Marigold Premises Private Limited
L&T Finance Limited
Laxmi Dental Export Private Limited
FedEx Express Transportation and Supply Chain Services (India) Pvt. Ltd.
Sahara Ferro Alloys Private Limited
C&S Electric Limited
Physicswallah Pvt. Ltd.
Animall Technologies Private Limited
Amilionn Technologies Private Limited
Adverb Technologies
Lightspeed
C&D Tech (Singapore) Pte. Ltd.
Cleantech Solar
Drums Food International Private Limited- (Epigamia)
Dalmia Ram Rattan Strategic Investments LLP
Sitac Kabini Renewables Private Limited
Fin Genie Tech Pvt. Ltd. (“Bytex”)
Work highlights
- Acting for an NRI high net worth individual who is presently engaged in a range of highly contested civil and criminal disputes regarding the estate of his late father, a prominent Indian industrialist. Representing the Client in these disputes and evolving strategy for the multipronged litigation.
India > Projects and energy Tier 2
The practice at IndusLaw has in-depth expertise in handling all elements of project development, M&A transactions, and investments in the infrastructure and energy sector. The team has considerable strength in assisting with the entire lifecycle of energy projects. Based in Delhi, Arun Kumar advises on divestments and joint ventures in the construction and real estate sectors, while in Hyderabad, Deepak Chowdhury is a key practitioner for handling contractual and regulatory matters.Practice head(s):
Deepak Chowdhury; Arun Kumar
Testimonials
‘Experienced, problem-solving, solution oriented.’
Key clients
Axis Green Energy/ Brookfield
Greenko Energy
Ecoren Energy
Amp Energy
IB Vogt GmbH
Vibrant Energy
Renew Power
Sunsure Energy
SolarArise
Adani Green Energy
Torrent Power
Cleantech Solar
First Energy
Mahindra Susten
Oriano Solar
Sameera Warehouster
WEG
Zetwerk
JM Baxi
Ingka Group
Olympia Group
Work highlights
- Assisted Adani Ports & SEZ via its subsidiary, Adani Harbour Services, with its acquisition of a 100% stake in Ocean Sparkle.
- Advised Mahangar Gas Limited on entering into a share purchase agreement for the acquisition of a 100% stake in Ashoka Gas, via purchasing shares in Ashoka Buildcon Limited and North Haven Indian Infrastructure Fund.
- Advised ReNew India on its acquisition of a majority stake in 3E NV, a technology and SaaS company providing digital solutions to maximise the performance of renewable energy assets.
India > White-collar crime Tier 2
IndusLaw represents clients throughout the life-cycle of white-collar proceedings, with bespoke internal investigations and criminal enforcement practices able to handle fraud, bribery and corruption, internal malfeasance, and financial crime proceedings. The firm acts for a number of major global corporates, domestic businesses, and investors, as well as boards and individuals in proceedings brought by the CBI, SFIO, and other state and federal regulatory agencies. The practice is led by Mumbai-based Amit Jajoo, who takes the lead on regulatory enforcement proceedings and criminal trials, alongside Bengaluru’s Avik Biswas, the go-to contact for internal investigations work. Also in Bengaluru, senior associate Rithika Reddy is a key figure in the investigations practice, with particularly strong knowledge of Indian and global anti-bribery legislation. Mumbai-based principal associate Nirav Parmar is an active litigator, representing clients in high-level misappropriation and financial fraud cases up to Supreme Court level.Practice head(s):
Amit Jajoo; Avik Biswas
Other key lawyers:
Rithika Reddy; Arunima Kumar; Nirav Parmar
Testimonials
‘Avik Biswas and his team operate with a focus on the relationship. The team has a diverse set of achievers.‘
‘Relationship-driven approach that facilitates excellent output and growth.‘
‘The team is always available to understand the demand and look for a solution.‘
‘They are updated on all ethics topics, totally up to date with the country corporates trends, as well as legal disputes in court.‘
‘Practical, readily available, reliable advisor, in-depth knowledge of local market and how to navigate a foreign legal regime.‘
‘Avik Biswas is fantastic. Efficient and super knowledgeable. Pairs a great depth of expertise in litigious matters with a familiarity with the business practice that gives rise to disputes.‘
‘The team is very dynamic and always ready to go. Quick to grasp the clients needs, approachable and responsive team.’
‘The IndusLaw team is excellent in dealing with the litigation and advising on the same. The way they handle these issues proactively and with such precision helps in getting the matter handled with so much professionalism.’
Key clients
DBS Bank India Limited
HDFC Bank Limited
Fujitsu India
Premji Invest
Pernod Ricard India
Ribbit Capital
Gates Corporation
InMobi Group
Unacademy
JM Financial
Mystifly Consulting
ICICI Lombard
Work highlights
- Represented Eastman Chemical Company following a whistle-blower complaint from an employee which alleged that a CXO-level employee of Eastman’s Indian subsidiary had engaged in the exchange of kickbacks and conduct amounting to conflict of interest, among others.
- Represented Pernod Ricard India in a whistle-blower complaint against several employees (including senior level employees) alleging that they have engaged in, inter alia unauthorised production of Pernod Ricard’s products, irregular transactions with business partners, and suspicious inter-employee transactions involving large sums of money.
- Representing J.C. Flowers Asset Reconstruction Company Private Limited in proceedings initiated by Directorate of Enforcement (under the Prevention of Money Laundering Act, 2002) and the Central Bureau of Investigation (under the Criminal Law (Amendment) Ordinance, 1944) against ABG Shipyard and its properties and subsidiaries.
India > Antitrust and competition Tier 3
Operating out of New Delhi, the competition practice at IndusLaw regularly advises on merger control matters, anti-competitive agreements, abuse of dominance, dawn raids, leniency proceedings and compliance issues. Under the joint leadership of founding partner Avimukt Dar and Unnati Agrawal, the group has extensive experience defending companies before the Supreme Court, NCLAT, CCI, Director General and multiple High Courts in India. The team has a solid track record in assisting clients from the e-commerce, tech, telecoms, shipping, automobile, manufacturing, retail and consumer goods sectors. Senior associate Yash Lahoty acts on merger control matters and complex antitrust litigation.Practice head(s):
Avimukt Dar; Unnati Agrawal
Other key lawyers:
Testimonials
‘The competition law team at IndusLaw is highly skilled and knowledgeable. The team provides excellent guidance and representation to clients. Their proactive approach and attention to detail ensure that clients receive the best possible results.’
‘Unnati Agrawal demonstrates a deep understanding of competition law and provides clear, concise and practical guidance on how to deal with the issues at hand. She is dedicated to achieving favorable outcomes and always went above and beyond to ensure that the clients’ interests were protected.’
Key clients
PhonePe Private Limited
Independent Sugar Corporation Ltd.
Mitsubishi UFJ Financial Group
Oravel Stays Limited
Prosus Ventures B.V.
Sequoia Capital India Investments
UpGrad Education Private Limited
HDFC Bank Limited
Sapphire Foods Limited
Accel Partners
Penetron India Private Limited
Hindustan Unilever Limited
Work highlights
- Advised PhonePe India Private Limited on the competition law aspects of its group restructuring.
- Advised Independent Sugar Corporation Ltd on filing a Green Channel notification to the CCI, subsequently securing unconditional approval for the acquisition of Hindusthan National Glass and Industries Limited.
- Defending Penetron India Private Limited before the NCLAT against alleged violations of Section 3 of the Competition Act, 2002.
India > Dispute resolution: arbitration Tier 3
IndusLaw handles domestic and cross-border arbitrations across a range of fora, and has broad geographic spread across India’s major cities. The practice is jointly led by Amit Jajoo and Mayank Mishra; Jajoo, in Mumbai, is a seasoned arbitrator with a strong track record advising on promoter and shareholder disputes before domestic and international arbitrations, both institutional and ad hoc, while Mishra is recommended for commercial foreign and domestic arbitrations in the construction and engineering sectors. Also in Mumbai is Sushmita Gandhi, whose practice focuses on banking and finance as well as insolvency and restructuring arbitrations. Another key name for insolvency and restructuring-related work is New Delhi’s Padmaja Kaul. May 2023 saw the firm strengthening its Bengaluru offering by the arrival of Suadat Ahmad Kirmani, previously at Tatva Legal.Practice head(s):
Amit Jajoo; Mayank Mishra
Other key lawyers:
Suadat Ahmed Kirmani; Padmaja Kaul; Sushmita Gandhi
Testimonials
‘We have had excellent experience working with the IndusLaw team. The team actively advises clients from a commercial legal perspective, thereby assisting clients in making informed decisions to reach effective outcomes.’
‘Our interactions and experience of working with Sushmita Gandhi and Amit Jajoo has been great. Both Sushmita and Amit’s adept handling of complex legal situations was truly commendable.’
‘Padmaja Kaul and her team are highly motivated client-centric lawyers with an eye for detail, required for making the best case and presenting the same before the forum.’
Intellectual property Tier 3
IndusLaw provides its clients, which range from start-ups to Fortune 500 companies, with solutions for a broad range of IP issues, including those pertaining to trademarks, patents, designs and copyrights. The Bengaluru-based Bharadwaj Jaishankar has standout experience in matters involving the protection, enforcement and commercialisation of IP assets; he co-heads the practice with senior partner Suneeth Katarki. At the senior associate level, the New Delhi-based Sana Singh and Bengaluru-based Meetali Agarwal assist in a range of matters in various sectors, including manufacturing, automotive, pharmaceuticals, education, food and beverages, consumer goods and TMT. The Mumbai-based Amit Jajoo leads the contentious branch of the IP practice.Practice head(s):
Suneeth Katarki; Bharadwaj Jaishankar
Other key lawyers:
Amit Jajoo; Sana Singh; Kshitij Parashar; Meetali Agarwal
Testimonials
‘A strong IP team that differentiates itself from many other teams by being particularly commercial and very responsive.’
‘Bharadwaj Jaishankar has a very deep and nuanced understanding of trade mark law while also being highly pragmatic, which is valuable balance.’
Key clients
Hindustan Unilever Limited
Homevista Decor and Furnishings Private Limited
Yulu Bikes Private Limited
Mohalla Tech Private Limited
Delightful Gourmet Private Limited
Sirona Hygiene Private Limited
Sorting Hat Technologies Private Limited (brand owner of Unacademy)
Innovative Retail Concepts Private Limited (brand owner of BigBasket)
Turtle Shell Technologies Private Limited (brand owner of Dozee)
Toplyne Labs Pte. Ltd
Neobrands Limited
Skydo Technologies Private Technologies
Hella Infra Market Ltd.
Zolve Innovations Inc.
PandoCorp Pvt Ltd.
Orient Cement Ltd.
ALT Realtech Private Limited
Embassy Shelters Private Limited
Hindustan Unilever Limited
Jubilant Enpro Pvt. Ltd.
Fieldfisher – A leading European Law Firm
Curefoods India Private Limited (brand owner of Eat.Fit and Cake Zone)
Vadilal International Private Limited
Tresa Energy Private Limited
Work highlights
- Advised Hindustan Unilever on the IP aspects of the acquisition of Zywie Ventures.
- Advised Homevista Decor and Furnishings on its acquisition of a technology platform, to be used in the field of interior designing and decor.
- Advised Sirona Hygiene on acquiring the brand “BLEU” and on trademark assignment agreements with a third party.
India > Restructuring and insolvency Tier 3
Led by partners Amit Jajoo and Sushmita Gandhi, IndusLaw handles a range of matters, including strategizing processes under the IBC to negotiating and implementing restructuring plans. The firm advises banks, guarantors, resolution applicants, directors, and liquidators, among other stakeholders. The ‘dynamic and enterprising team’ has experience with cross-border insolvency laws, asset freezing overseas, and handling insolvency litigation before the different courts and tribunals. Key members of the team include Shabbeer Ahmed as well as principal associates Aneesh V. and Anamika Singh.Practice head(s):
Other key lawyers:
Testimonials
‘The are always on top in terms of strategy with respect to the ongoing litigation matters.’
‘Shabbeer Ahmed is very diligent and articulate. He is prompt with his responses. Also, Aneesh V. who is on his team members is also very proactive.’
‘Induslaw has a dynamic and enterprising team, which is full of hardworking and dedicated individuals.’
‘Sushmita is an intelligent, committed, malleable, and a results-oriented lawyer whom you can trust with critical mandates.’
Key clients
J.C. Flower Asset Reconstruction Company Pvt. Ltd.
YES Bank Limited
L&T Finance
Axis Bank Limited
ICICI Bank
Citibank
State Bank of India
UCO Bank
Punjab National Bank
Canara Bank
Asset Reconstruction Company (India) Limited (ARCIL)
Phoenix ARC Private Limited
Edelweiss Asset Reconstruction Company Limited
DMI Finance Private Limited
VBC Industries Limited
SPG Macrocosm Ltd.
Kamini Metalliks Pvt. Ltd.
HDFC Bank
Work highlights
- Advising and representing YES Bank Limited in initiating insolvency proceedings against 7 Essel group (Zee group) companies (the aggregate debt is approx. USD 408m).
- Representing the Resolution Professional of Ezeego One Travel and Tours Limited (Cox and Kings Group) and the Committee of Creditors comprised of Axis Bank and YES Bank in the corporate insolvency and liquidation process under the IBC (the aggregate debt is approx. USD 133m).
- Representing L&T Finance in an application for insolvency of personal guarantor of Deccan Chronicle Holdings Limited (“DCHL”) (the overall debt is approx. USD 246m).
India > Tax Tier 3
The tax practice at IndusLaw assists its clients with a range of direct and indirect tax matters, as well as handling litigation before the courts and tax tribunals. The team has a reputation for advising clients in the IT sector, especially in the online-gaming space. Shashi Mathews leads the indirect tax practice from New Delhi and is an experienced litigator on both direct and indirect tax matters. Abhishek Boob is also a key member of the team, especially for GST-related matters. The team welcomed the addition of Lokesh Shah in August 2023, but lost Mumbai-based Shruti KP since publication.Practice head(s):
Shashi Mathews
Other key lawyers:
Key clients
Bharti Airtel
Kraft Heinz India
MRF
Hindustan Unilever
Sporta Technologies (Dream11)
Junglee Games India
KnowBe4
Interglobe Enterprises
Locon Solutions (Housing.com)
Polar Quality
Work highlights
- Represented Bharti Airtel before the Customs Department on an issue relating to the appropriate classification of components of routing system, which were being imported by the Company through a distributor of OEM.
- Advised Hindustan Unilever on the direct tax perspective on various clauses (such as Indemnity, withholding taxes, representation and warranties, conditions precedents, conditions subsequent, etc.) and undertaking negotiations with the counter party.
- Advised Kraft Heinz India on the relation to these SVB proceedings, wherein the team advised and assisted the client in preparation of submissions to be filed and represented before the SVB Authorities.
India > Real estate and construction Tier 4
Complemented by both the merger with Anup S Shah Law Firm and by the additional expertise of Arun Kumar and Deepak Chowdhury, IndusLaw continues to expand both its client base and practice scope, while fielding a robust team of experts that routinely advises developers, corporates, and individuals across a wide range of transactions and regulatory issues spanning due diligence, land acquisition and leases, joint developments, and real estate disputes. As a leading expert in local land law, conveyancing, and immovable property in the state of Karnataka, Sunitha Rajesh regularly represents investors and developers on complex real estate transactions. Vivekanand G‘s expertise ranges from due diligence and property documentation to stamp duty, registration, RERA, and litigation.Practice head(s):
Sunitha Rajesh; Vivekanand G
Other key lawyers:
Arun Kumar; Deepak Chowdhury; KN Geetha; Nirupama Venkatesh; Diptayon Basu; Niket Shah; Bindu Madhavi
Testimonials
‘Sunitha Rajesh continues to be the doyenne of real estate law in the state of Karnataka. She is often the final word on controversial issues. Her wealth of experience, grace and erudition make her a formidable and reliable partner for all businesses dealing with real estate.’
‘Nirupama Venkatesh is a skilled lieutenant expert in coordinating with Induslaw’s large team to churn out effective and efficient property title opinions. His mastery of the subject and communication skills are key to understanding client needs and delivering work products in a timely manner.’
‘The team has solid knowledge, is proactive and supportive.’
‘The firm and its partners are above average in terms of timeliness, client care, and interpersonal relationships between colleagues. I would like to recognise the firm’s commitment to going the extra mile every time to complete assignments.’
‘Deepak Chowdhury is a brilliant and extremely humble professional; his approach in delivering assignments in a timely manner, his efficient communication and his helpfulness are noteworthy.’
‘The team at IndusLaw is highly professional, and I absolutely recommend the firm for the quality of work and in-depth knowledge of the industry.’
‘Professional, capable and competent in all aspects of real estate. I found their advice and transaction structuring reliable and secure.’
Key clients
Edelweiss Asset Reconstruction Company Limited
Lupin Limited
German Osteo Care
Alco Steels Private Limited
Certus Capital
Bhumi Associates
Strata Property Management Private Limited
Prequin India Private Limited
Vikas Telecom Private Limited
Sarla Infrastructure Private Limited
Prestige Group
Cornerstone Properties Private Limited
Nirvana Developers
Embassy Group
Sobha Limited
Akshaya Group
Arihant Group
DRA Homes Group
Purvanakara Group
Welspun One
Sattva Group
RWD Group
Sameera Group
Etica Group
Imayam Group
Sumeru Group
Kochar Homes Group
Indus Developers Group
Mahanagar Gas Limited
Present Infra Private Limited
Goldfinch Buildtech Private Limited
Casagrand Hyderwise Private Limited
Ramky Reclamation and Recycling Private Limited
Provident Housing Limited
Godrej Projects Development Limited
Work highlights
- Represented and advised Sarla Infrastructure Private Limited in the lease transaction with J.P. Morgan Services India Private Limited pertaining to lease of office space admeasuring 1.1m square feet in 3 phases (2 phases completed and the 3rd phase ongoing) on lands known as Parcel 9 situated in Devarabeesanahalli Village, Varthur Hobli, Bengaluru East Taluk, Karnataka measuring about 6 acres 2.4 guntas.
- Acted as a sole advisor to the client in conducting title due diligence of lands admeasuring 4780 Hectares approximately situated at Bhiwandi, Maharashtra.
- Represented and advised Present Infra Private Limited and Goldfinch Buildtech in acquisition of lands measuring 112 Acres, situated in Navillahalli Village and Thippapura Village, Hosakote Hobli, Alur Taluk, Hassan District, Karnataka.
IndusLaw > Firm Profile
IndusLaw is a top-tier full service Indian law firm, providing legal services to a wide range of international and domestic clients across a variety of sectors on legal issues relating to their business, strategy, litigation and transactional goals. With 450-plus lawyers including more than 65+ partners spread across Bengaluru, Chennai, Delhi NCR, Hyderabad and Mumbai, IndusLaw has been fortunate to partner with, and contribute significantly to, many established businesses and new economy companies. The firm’s multidisciplinary teams work across offices to provide seamless and focused advice, and to assist clients in taking informed decisions to reach effective outcomes.
The firm and its lawyers have been, consistently recognised across practice areas, by all leading legal and industry specific publications.
- Chambers & Partners India Awards 2019 – Client Service Firm of the Year
- Asialaw Profiles – Client Service Excellence Award 2020
- IBLJ Indian Law Firm Awards – one of the Best Overall Law Firm 2023, 2022 & 2021 (included amongst the top 7 Law firms in India)
- IFLR1000 India Awards 2021 – Challenger Firm of the Year
- ALB Asia’s 50 Largest Law Firm 2023 – 6th largest Law Firm in India
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Arbitration | |||
Banking and finance | |||
Capital markets and international offerings | |||
Competition | |||
Corporate advisory | |||
Employment | |||
Energy, infrastructure and natural resources | |||
Fund formation | |||
Fund investment, private equity and venture capital | |||
Intellectual property | |||
Joint ventures and collaborations | |||
Litigation and dispute resolution | |||
Mergers and acquisitions | |||
Projects and project financing | |||
Real estate | |||
TMT |
Staff Figures
Number of partners : 65+ Number of lawyers : 450+Languages
English Hindi most major regional languages in IndiaMemberships
IVCA INTA Indo- French Chambers of Commerce & Industry (IFCCI) Indo Italian Chambers International Technology Law Association (Itech Law) International Bar Association (IBA) L&E Global IAPP Global Arbitration Review INSOL Inter-Pacific Bar Association (IPBA) CIIOther
Contacts : Deepak Chowdhury Contacts : Shabbeer Ahmed Contacts : Jayanarayanan N R- Capital markets
- Corporate and M&A
- Data protection
- Fintech and financial services regulatory
- Labour and employment
- Private equity funds (including venture capital)
- TMT
Top Tier Firm Rankings
- Banking and finance
- Dispute resolution: litigation
- Projects and energy
- White-collar crime