South Asia - India

IndusLaw

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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.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • '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.'
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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).

Lawyers

Next Generation Partners

Practice head

The lawyer(s) leading their teams.

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