Law Firm League Tables
2018-19 Financial Year

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AZB & Partners

Partners
Total numberWomen
10533
Offices
Mumbai, Delhi, Bangalore, Pune, Gurgaon
(headcounts dated 01 April 2019) Update Firm Information

M&A + PE/VC table 2018-19

Total deal count Total deal value
94 $14,959m
DealClient Lawyers
(show associates)
Other
firms
Value
$m
Date
Eversource, NIIF $330m investment in Ayana RenewableCDC Group
Ayana
Darshika Kothari Roxanne Anderson Kunal Khumbat Shwetank GinodiaKhaitan & Co
Update info
330Mar 2019
TV Sundaram $14.5m TV Sundram buy of Lanka JVTV Sundram Iyengar & SonsSrinath Dasari
Update info
15Mar 2019
Disney Fox mega merger (Star, Hotstar, Tata Sky) navigates Desi regulatory waters Mumbai, Delhi,Twenty-First Century Fox
The Walt Disney Company
Ashwath Rau Roxanne Anderson Sunil Agarwal Ajay Bahl Pranav AtitTalwar Thakore & Associates
Update info
Mar 2019
Latest $14.5m TPG investment in Nykaa fashions, beautyNykaa
FSN E-Commerce Ventures
Veritas Legal
Update info
15Mar 2019
Sell $481m VG, Coffee Day shares to L&T part of ‘hostile’ bid MindtreeLarsen & ToubroAshwath Rau Zia Mody Medha MaratheCyril Amarchand Mangaldas
Update info
481Mar 2019
$413m Delhivery Series F round from Carlyle, Fosun ropes in CCSoftBankVinati Kastia Daksh Trivedi Anant Dang Srishti GoyalSamvad Partners
L&L Partners
Clifford Chance
Update info
413Mar 2019
$50m ADB investment into solar power co Avaada EnergyAsian Development Bank (ADB)Indian Law Partners (ILP)
Update info
50Mar 2019
& D, Morgan Stanley $50.7m investment in Pune developer KSH InfraMorgan Stanley Real Estate InvestingSai Krishna Bharathan Shivani Kabra Alpesh Parekh Pradhuman Kheechi Sampriti Sridhar Kedar KivadeDesai & Diwanji
Update info
51Feb 2019
ILP, in Avaada Power investments from European DFIsDEG
FMO
Gautam Saha Heena SinghIndian Law Partners (ILP)
Update info
Feb 2019
IC $8m Shiksha Financial Series BMichael & Susan Dell FoundationSamvad Partners
IC Universal Legal
Tatva Legal
Update info
8Feb 2019
Fractal Analytics $200m cash injection by d PE fund Apax, s,Apax FundsAshwath Rau Divya Mundra Pranav AtitShardul Amarchand Mangaldas
Latham & Watkins
Kirkland & Ellis
Nishith Desai Associates
Trilegal
Veritas Legal
Update info
200Jan 2019
$120m sale of Brazilian Gerdau’s Indian steel mine subsidiary of to PE fundsGerdauSai Krishna Bharathan Vivek Bajaj Bhuvana Veeraragavan Rahul Rai Hemangini Dadwal Samyuktha Santhosh Aparajita Lath Sonakshi Sharma Aakarsh Narula
Update info
120Jan 2019
Bandhan Gruh Finance acquisition (HDFC in the wings)HDFCZia Mody Ashwath Rau Anu Tiwari Vipul Jain Himanshoo Tembe Aditya Alok Tanya Pahwa Saras MuzumdarArgus Partners
Shardul Amarchand Mangaldas
Update info
Jan 2019
Radiant Max merger: collaborate to create 3rd largest hospital chainMax India
Max Healthcare Institute
KKR
Radiant Life
Ajay Bahl Anil Kasturi Niladri Maulik Anisha Shridhar Ashwath Rau Harsh Maggon Ami ParikhNishith Desai Associates
L&L Partners
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Dec 2018
Pizza Hut, KFC in $32m Goldman, Edelweiss investmentGoldman SachsGautam Saha Amrita Patnaik Punita GuptaL&L Partners
Economic Laws Practice (ELP)
Update info
32Dec 2018
Byju calls giant $540m fundraise from s Naspers, CPCanada Pension Plan Investment BoardMedha Marathe Palak KhandelwalShardul Amarchand Mangaldas
Trilegal
Gunderson Dettmer
Update info
540Dec 2018
$3.8bn blockbuster deal: HUL buy GSK India’s Horlicks bizGlaxoSmithKlineVinati Kastia Ravi Prakash Daksh Trivedi Ajay Bahl Bharat Apte Ankit Tandon Ayush Tandon Aman JainCyril Amarchand Mangaldas
Baker & McKenzie
Slaughter and May
Update info
3,800Dec 2018
TCS buy of US consulting firm BridgePointTata Consultancy ServicesNilanjana Singh Pallavi Satpute Sahaj Badaya
Update info
Nov 2018
Delhi’s Crystal Crop buy of 3 agrochemical brands, seller Syngenta InternationalSyngenta InternationalNilanjana Singh Shivani Kabra Rashmee Kumar Rachna Chhabria
Update info
Nov 2018
Visa possibly $280m investment in BilldeskVisa InternationalAshwath Rau Anu Tiwari Aditya Singh Chandel Akansha Agarwal Samir Gandhi Rahul Rai Ami Parikh Vipul Jain Tanya Pahwa Rahul Satyan Akshat Kulshrestha Kirti Balasubramanian Utkarsh Bhatnagar Arunima Chatterjee Pranav Modi Nripi Jolly Shivam Dubey Shruti Sundararajan
Update info
280Nov 2018
$832m Tata Power buy of Jaypee’s distressed Prayagraj PowerResurgent Power Ventures
Tata Power
Darshika Kothari Nilanjana Singh Qais Jamal Pankhuri Govil
Update info
832Nov 2018
Works $210m Ageas Insurance acquisition of Royal SundaramAgeas InsuranceRajendra Barot Arvind Ramesh Rutunjay Singh Rishikesh Desai Keshav Vijayan Muqeet Drabu
Update info
210Nov 2018
’ NephroPlus buys d DaVita CareDaVita CareSrinath Dasari Niyatha Srinivasa Malaveeka Chakravarthy Adoksh Shastry Sonakshi SharmaVeritas Legal
Update info
Nov 2018
TCS buy in London design studio W12Tata Consultancy ServicesNilanjana Singh Pallavi Satpute Puneet Parihar
Update info
Oct 2018
$42m Ess Kay Fincorp investment by TPGTPG Growth AdvisorsHarsh Maggon Medha Marathe Palak Khandelwal Jeet Chaudhuri Apeksha Mattoo Kanika Mishra Chintan Dave Aditi Shukla Rounak Agarwal Parizad IraniCyril Amarchand Mangaldas
Shardul Amarchand Mangaldas
Update info
42Oct 2018
Reliance Den Networks another $311m Jio paydayReliance Industries
Jio
Link Legal India Law Services (LLILS)
Khaitan & Co
Shardul Amarchand Mangaldas
Update info
311Oct 2018
Dr. Reddy’s Labs sell Hyderabad unit to TherapivaDr. Reddy’s LaboratoriesRaman Sharma Gautam Varma Karan Mehra Ridhima Khurana
Update info
Oct 2018
$90m NIIF investment in HDFC Capital real estate platformHDFC Capital AdvisorsSai Krishna Bharathan Pallabi Ghosal Chinmayi Krishnapur Diksha Singh
Update info
90Oct 2018
Avenue Capital 27% buy of ArcilAsset Reconstruction Company of IndiaAshwin Ramanathan Roxanne AndersonShardul Amarchand Mangaldas
Desai & Diwanji
Update info
Oct 2018
Quest’s sale of India business to Bangalore’s Strand LifeQuest DiagnosticsDarshika Kothari Arvind Ramesh Ravi Prakash Suresh Varanasi Rutunjay Singh Keshav Vijayan
Update info
Oct 2018
SolarArise first India investment by ThomasLloydSolarAriseVinati Kastia Anant Dang
Update info
Oct 2018
Process outsourcer UnitedLex sold around $200m to CVC: law firmsCVC Capital PartnersAshwath Rau Kashish Bhatia John Raghav Karishma MuravneWhite & Case
PDS Legal
Cyril Amarchand Mangaldas
Morrison Cohen
Update info
200Sep 2018
$66m 4% buy of SBI General Insurance by Axis fundAxis Alternative Investment FundAshwath Rau Prerak Ved Siddhartha DasJ Sagar Associates (JSA)
Cyril Amarchand Mangaldas
Update info
66Sep 2018
$100m IFC investment in Bain Piramal Resurgent fundInternational Finance CorporationAshwath Rau Pallabi Ghosal Ananya Sonthalia Chinmayi Krishnapur
Update info
100Sep 2018
GLP buys stake in IndoSpace managed investment vehiclesGlobal Logistic PropertiesAshwath Rau Kashish Bhatia John Adwet Raghav Sruti Baid
Update info
Sep 2018
Fairfax increases equity to 43% in Sanman Chemicals $388m,Fairfax IndiaRoxanne Anderson Sahaj Badaya
Update info
388Sep 2018
$35.2m stake investment in PharmEasy line pharmacy91Streets Media Technologies
PharmEasy
Anand Shah Vishal Achanta Shriram ShahSamvad Partners
Update info
35Sep 2018
NBFC Belstar $28m raise from Muthoot, Maj InvestMuthoot FinanceSrinath DasariJ Sagar Associates (JSA)
Khaitan & Co
Update info
28Sep 2018
Nykaa $15.8m investment by ’s LighthouseFSN E-Commerce Ventures
Nykaa
Roxanne Anderson Saloni BhandariL&L Partners
Update info
16Sep 2018
$117m Wipro buy in Alight, in $bn Wipro Alight US mega IT contractWiproSrinath Dasari Bhuvana VeeraragavanIndusLaw
Kirkland & Ellis
Update info
117Sep 2018
Launch distressed assets JV VardeAditya Birla CapitalAshwath Rau Kashish BhatiaTrilegal
Update info
Aug 2018
$19.5m Rabo investment in LT Foods, Nature Bio FoodsLT Foods
Nature-Bio Foods
Daksh Trivedi Siddharth Sawhney Aman Jain Shantanu TiwariShardul Amarchand Mangaldas
Update info
20Aug 2018
Cotecna Inspection buy of Shiva Analyticals testing labsCotecna InspectionSrinath Dasari Mahima Pradeep
Update info
Aug 2018
OYO $600m fundraise entry to unicorn landOravel Stays
OYO
Niladri Maulik Anisha Sridhar Siddharth Khanna Anupam Misra Paulose Abraham
Update info
600Aug 2018
Shell 26% stake buy in Hazira LNG & PortShell GasVinati Kastia Abhishek Shinde Daksh Trivedi Srishti Goyal
Update info
Aug 2018
$1bn funding in Star HealthpromotersNishith Desai Associates
Trilegal
Platinum Partners
Phoenix Legal
L&L Partners
Update info
1,000Aug 2018
WG GIC investment in Provenance LandVeritas Legal
Wadia Ghandy
Update info
Aug 2018
$48.7m Tanla Solutions buy of Karix MobileTanla SolutionsSai Krishna Bharathan Atreya Bhattacharya Raina Upadhyay Apeksha Mattoo Nitin Gupta Raina Upadhyay Kirti Balasubramanian Sampriti Sridhar
Update info
49Aug 2018
Sale of Star Health & Allied Insurance to consortiumStar Health Investments
ICICI Venture Funds
Aditya Vikram Bhat Bhuvana Veeraragavan Arvind Ramesh Vydyanathan L Gautam Rego Rutunjay Singh Adoksh Shastry
Update info
Aug 2018
New Zealand’s Fonterra JV Future GroupFonterra Co-operative GroupAshwath Rau Aditya Singh Chandel Nandan Pendsey John Adwet Raghav Jasmin Karkhanis
Update info
Aug 2018
OYO buy of banquets co WeddingzOYO Rooms
Oravel Stays
Niladri Maulik Siddharth Khanna Nikita Arora
Update info
Aug 2018
Reprise Five Star in TPG led Series D $100m roundThemis Associates
Rajaram Legal
Cyril Amarchand Mangaldas
Shardul Amarchand Mangaldas
Update info
100Aug 2018
India Equit $78.5m buy of Spoton LogisticsIndia Equity PartnersSai Krishna Bharathan Shivani Kabra Pallavi Satpute Ambika Khanna
Update info
79Jul 2018
RIL in sale of Gujarat Cambay Basin block to Sun PetroReliance IndustriesPrashanth Sabeshan Adoksh Shastry
Update info
Jul 2018
$24m investment by Oman India Joint Investment Fund into Stanley Lifestyles leather makerOman India Joint Investment FundSai Krishna Bharathan Vivek Bajaj Nandan Pendsey Samir R Gandhi Malaveeka Chakravarthy Aditi Gopalakrishnan Aparajita Lath Sonakshi Sharma Arunima Chatterjee
Update info
24Jul 2018
Aliaxis buy in Ashirvad PipesPoddar familyVaidhyanadhan Iyer Rajendra Barot Bhavya Mohan Anshika Misra Shivani MittalDebevoise & Plimpton
Aarna Law
Cyril Amarchand Mangaldas
Update info
Jul 2018
$2.2m Zion Steel bankruptcy saleresolution professional
Grant Thornton India
Bahram Vakil Nilang Desai Suharsh Sinha Navruz Vakil Nayan Banerjee Saloni Thakkar Shruti Sethi Urmika Tripathi Pooja Kshirsagar
Update info
2Jul 2018
$88m TPG investment in RR KabelTPGHarsh Maggon Vasudha Asher Himanshoo Tembe
Update info
88Jul 2018
$55.3m Sterlite Tech Italian optical cable manufacturerSterlite Technologies
Sterlite Italy
Anand Shah Hufriz Wadia Shriram Shah Vishal Achanta
Update info
55Jul 2018
Superion buys US company Aptean Indian subsidiaries, BainBain CapitalAshwath Rau Anu Tiwari Nirmal Mahtani Tanya Pahwa Rachana Rautray
Update info
Jul 2018
$75.2m RIL buy of US IoT, 5G player Radisys CorpReliance IndustriesAshwath Rau Kashish Bhatia Armaan Patkar
Update info
75Jun 2018
Tata Steel ThyssenKrupp mergerTata SteelDarshika Kothari Nilanjana Singh Anand Shah Shivanand Nayak Saloni Thakkar Debanjana Mukherjee
Update info
Jun 2018
Singapore’s Symple Wellness buy of Pune’s AllizHealth health analytics platformRimedo Advisor
Symple Wellness Platform
Rajendra Barot Arvind Ramesh Muqeet Drabu
Update info
Jun 2018
Asian Development Bank, d by makes $9m Series A in DCDC dialysis centresAsian Development BankGautam Saha Dushyant Bagga Vinit NalavadiOptimus Legal
Update info
9Jun 2018
Bain Capital PE buy of SinochemBain CapitalNandita Govind Anisha Shridhar Ananya Thakral Rohit Dutta
Update info
Jun 2018
Goldman Sachs $43.6m buy of First MeridianGoldman SachsGautam Saha Heena Singh Amrita Patnaik Samir Gandhi Nikhil Bahl Punita Gupta Pragya Sood Aditi Gopalakrishnan Shashank Sharma Aditi Agarwal
Update info
44Jun 2018
On $100m TPG investment in Five Star Business FinanceTPG Capital AsiaAshwin Ramanathan Roxanne Anderson Saloni Bhandari Kanika Mishra Shivam DubeyShardul Amarchand Mangaldas
Update info
100Jun 2018
Epiq Capital Lenskart investmentEpiq Capital B LPSrinath Dasari Malaveeka Chakravarthy
Update info
Jun 2018
Go Digit Infoworks buy of ITI ReinsuranceGo Digit Infoworks ServicesAshwin Ramanathan Arvind Ramesh Dhruv Bhuta Devika Nayak
Update info
Jun 2018
Mitsubishi buy Mumbai plastics business Welset Plast ExtrusionsMitsubishi Chemical CorporationShameek Chaudhuri Medha Marathe Saloni ThakkarClove Legal
Update info
Jun 2018
RIL, JM Financial Alok Industries insolvency bargainReliance India
JM Financial Asset Reconstruction Company
Ashwath Rau Harsh Maggon Jasmin Karkhanis Suharsh Sinha Atreya Bhattacharya Shriyani Datta Pooja Natarajan
Update info
Jun 2018
JM P, Mumbai, fin tech startup SMECorner’s $7m funding from Capital First, other existing investorsCapital FirstVaidhyanadhan Iyer Soumalya SahaJerome Merchant + Partners
Tatva Legal
Update info
7Jun 2018
$109.5m investment by WF in IIFLWF Asian Reconnaissance FundSai Krishna Bharathan Sugandha Asthana Vasudha Asher
Update info
110Jun 2018
Cisco Bangalore mobile apps platform buyCisco SystemsGautam Saha Amrita Patnaik Punita Gupta Pragya Sood Harshit Chandra Karthika Annamalai
Update info
Jun 2018
Leapfrog Investments buy of Ascent MeditechLeapfrog InvestmentsSrinath Dasari Gautam Rego
Update info
Jun 2018
Krishna Institute of Medical Sciences $130m fundraise from GAKrishna Institute of Medical SciencesSrinath Dasari Shantanu Singh Samyuktha SanthoshShardul Amarchand Mangaldas
Update info
130Jun 2018
IC Chennai NBFC Annapurna Finance $23m fund raise from Oman India Joint Investment FundOman Indian Joint Investment FundAshwin Ramanathan Rinki Ganguli Ami Parikh Puneet Parihar Kanika MishraIC Universal Legal
Update info
23Jun 2018
$450m GIC injection in GreenkoGIC and its affiliatesAlka Nalavadi Prashanth Sabeshan Rahul Rai
Update info
450Jun 2018
$89m KKR exit from Magma FincorpKKRAshwin Ramanathan Vaidhyanadhan Iyer Medha Marathe
Update info
89Jun 2018
$34m sale by Michael & Susan Dell of SvatantraMichael & Susan Dell FoundationVeritas Legal
Khaitan & Co
Update info
34Jun 2018
$50.2m investment in Bharat Innovation Fund CIIECIIE AdvisorsPallabi Ghosal
Update info
50May 2018
Madison Dearborn the Indian leg of household goods mover SIRVA’s acquisitionMadison Dearborn PartnersAshwath Rau Anu Tiwari Vipul Jain Apeksha Mattoo Aditya Alok
Update info
May 2018
Babcock & Wilcox exit from JV ThermaxThermax
Thermax Babcock & Wilcox Energy Solutions
Ashwin Ramanathan Roxanne Anderson Raina UpadhyayKhaitan & Co
Update info
May 2018
Sets $7.3m IIM Ahmedabad inclusive incubator Gates, Omidyar, Dell cashCIIE Advisors
Michael & Susan Dell Foundation (“MSDF”)
Ganesh Rao Pallabi Ghosal Hardeep Sachdeva Rayan Azmi Rukmani Seth
Update info
7May 2018
TPG sale of Vishal Mega Mart $709mTPG Capital
Vishal Mega Mart
Darshika Kothari Roxanne Anderson Shivani Kabra Saloni BhandariVeritas Legal
Update info
709May 2018
Kiran Energy Solar Hinduja Power buyKiran Energy Solar PowerSai Krishna Bharathan Shivani Kabra Nitika Jain
Update info
May 2018
$27.4m SeaLink Cap investment in Surya Child CareSeaLink Capital PartnersVaidhyanadhan Iyer Jasmin Karkhanis Vasudha Asher
Update info
27May 2018
$2.1bn Schneider mega sale to Larsen & ToubroSchneider Electric
Temasek
Ashwath Rau Dhruv Singhal Jasmin Kharkhanis Pranav Atit John Raghav Priyanka Butani Pooja NatarajanTrilegal
Khaitan & Co
Shardul Amarchand Mangaldas
Cleary Gottlieb Steen & Hamilton
Bredin Prat
Economic Laws Practice (ELP)
Update info
2,100May 2018
HIG Capital US UK buy of Conduent businessHIG CapitalAshwath Rau Anu Tiwari Nirmal Mahtani Utkarsh Bhatnagar
Update info
Apr 2018
$5.5m Centum JV divestment to NZ’s RakonCentum ElectronicsSrinath Dasari Ranjith Kumar
Update info
6Apr 2018
Mammoth telecom tower deal: Bharti Infratel Towers mega merger to create $ 14.6 billion pan India tower giant Bharti, Voda, IdeaBharti InfratelGautam SahaBharucha Singh Mundkur
S&R Associates
Slaughter and May
Nishith Desai Associates
Update info
Apr 2018
Nykaa $24.6m fundraiseFSN E-Commerce Ventures
Nykaa
Roxanne Anderson
Update info
25Apr 2018
RIL in $180m buy of AI edu platformReliance IndustriesAshwath Rau Anu Tiwari Nilanjana Singh Nirmal Mahtani Utkarsh Bhatnagar Rachana RautrayShardul Amarchand Mangaldas
Update info
180Apr 2018
Norma buy of Kimplas thermoplastics makerNorma Group SESrinath Dasari Malaveeka Chakravarthy Aparajita Lath
Update info
Apr 2018