Law Firm League Tables

Financial Year (March-end)
Submit New DealMethodology

AZB & Partners

Offices
Mumbai, Delhi, Bangalore, Pune, Gurgaon

Total
Partners

Female Partners

Total
Fee-earners

Partner to Fee-earner Leverage Ratio

106394303.1
(headcounts dated 01 April 2019)

M&A + PE/VC table 2020-21

Deal
Count

Deal
Values
($m)

4625,864

#

Deal

Client

Lawyers
(show associates)

Other
firms

Deal
Value
($m)

Date

Sub category

India leg of USSerent Cap investment in accountancy software BQE
(Foreign deal: US)
Serent CapitalVaidhyanadhan Iyer, Jitender Tanikella, Jeet Chaudhuri,
Update info
Mar 2021
Ares SSG $380m restructuring buy Altico CapitalVarde PartnersJ Sagar Associates (JSA)
Talwar Thakore & Associates
Shardul Amarchand Mangaldas
Cyril Amarchand Mangaldas
Update info
380Mar 2021insolvency
Tiger fintech platform Growws $83m Series D unicorn fundingTiger GlobalAshwath Rau, Srinath Dasari, Bhuvana Veeraragavan, Karishma Dugar,
Update info
83Mar 2021
Nykaas buy of line jewellery brand Pippa BellaNykaa FashionRoxanne Anderson, Saloni Bhandari, Rashmee Kumar, Rina Goyal,
Update info
Mar 2021
CDC $70m buy of 30% in Ayana RenewablesCDC GroupRoxanne Anderson,
Update info
70Mar 2021
$18.8m Mawana Sugars sale to Bodal ChemicalsMawana SugarsDaksh Trivedi, Ankit Tandon,
Update info
19Feb 2021
TT&A India leg of Capita sale to Montagu PE
(Foreign deal: UK)
MontaguEquityAshwath Rau, John Adwet Raghav, Abhipsita Kundu,Talwar Thakore & Associates
Linklaters
Kirkland & Ellis
Update info
Feb 2021
Swedens Stillfront, Tiger Swedish buy of Bgl gaming studio Moonfrog $90mTiger GlobalAshwath Rau, Nanditha Gopal, Aditya Singh Chandel, Gautam Rego,Trilegal
Shardul Amarchand Mangaldas
DLA Piper
Update info
90Feb 2021
Accenture India leg of California Imaginea cloud engineering playerAccentureVaidhyanadhan Iyer, Shreya Rao, Sneha Nagvekar, Malaveeka Chakravarthy,
Update info
Jan 2021
Infy co founder Raghavans Indegene $200m healthtech sale to Carlyle, BrightonNadathurSai Krishna Bharathan, Vivek Bajaj, Samyuktha Santhosh,Shardul Amarchand Mangaldas
Tatva Legal
Update info
200Jan 2021
Do record $4.68bn Dewan takeover bid byDewan Housing Finance
administrator
Bahram Vakil, Nilang Desai, Suharsh Sinha, Anindita Roy Chowdhury, Nanditha Gopal, Vivek Shetty, Saloni Thakker, Amrita Sinha, Vatsala Rai,Trilegal
Piramal Capital & Housing Finance
Update info
4,680Jan 2021insolvency
Ecom Express $11m buy of Bangladeshs Paperfly logisticsEcom ExpressNandita Govind, Anisha Shridhar, Shreya Basu,
Update info
11Jan 2021
Sterlite $34.5m buy of Italys OptotecSterlite TechnologiesAnand Shah, Vishal Achanta, Siddharth Paranjpe,
Update info
35Jan 2021
India leg of Velocity by USNavisite
(Foreign deal: US)
NavisiteAshwath Rau, John Adwet Raghav, Abhipsita Kundu,
Update info
Jan 2021
Unicorn Pine Labs $100m fundraise KCoSequoiaDushyant Bagga, Swati Chauhan,Phoenix Legal
Cyril Amarchand Mangaldas
Goodwin Procter
Nishith Desai Associates
Khaitan & Co
Update info
100Dec 2020
Germanys Senvion insolvency sale of India wind turbine bizGlobal Renewable Energy DevelopmentCyril Amarchand Mangaldas
DLA Piper
Update info
Dec 2020
Retains Zomato in $660m round investors foreignsFidelity
Tiger Global
Vipul Jain, Ashwath Rau, Jasmin Karkhanis, Tanya Pahwa, Saras Muzumdar, Rina Goyal, Rashmee Kumar,IndusLaw
L&L Partners
Shardul Amarchand Mangaldas
Khaitan & Co
Sidley Austin
Gunderson Dettmer
Update info
660Dec 2020
$2.1m Delta Pleasure Cruise buy of Waterways ShipyardDelta Pleasure Cruise Company
Delta Corp
Ashwath Rau, Kashish Bhatia, Armaan Patkar, Amitabh Robin Singh,
Update info
2Oct 2020
Raise $6m Treebo Hotels from existing investorsWard FerryVasudha Asher, Smita Tejaswee,Rajaram Legal
S&R Associates
Nishith Desai Associates
Update info
6Oct 2020
NVIDIA India leg of global mega takeover of chipmaker Arm
(Foreign deal: US)
NVIDIA CorporationAshwath Rau, Nilanjana Singh, Veena Gopalakrishnan, Bharat Budholia, Aishwarya Gopalakrishnan,
Update info
Sep 2020
Greenkos $980m mega investment from Japans Orix 3 foreignsOrix CorporationTrilegal
Cyril Amarchand Mangaldas
King & Spalding
Linklaters
Proskauer
Update info
980Sep 2020
$160m Series J: Zomato, Tiger, MacRitchieTiger Global ManagementAshwath Rau, Jasmin Karkhanis, Bharat Budholia, Rina Goyal, Rashmee Kumar, Aishwarya Gopalakrishnan,IndusLaw
Shardul Amarchand Mangaldas
Gunderson Dettmer
Update info
160Sep 2020
$37m Amazon, Samara investment in More supermarkets chain (Aug ‘20)AmazonHardeep Sachdeva, Ravi Bhasin, Gautam Kumar Bhargava,
Update info
37Aug 2020
$68m IDBI Fed Life sale of 23% to AgeasAgeas InsuranceRajendra Barot, Arvind Ramesh, Rishikesh Desai,Shardul Amarchand Mangaldas
L&L Partners
Update info
68Aug 2020
PAG invest conglomerate in buy of Chennais Anjan DrugPAG Asia CapitalAshwath Rau, Atreya Bhattacharya, Raina Upadhyay,Desai & Diwanji
Quillon Partners
Update info
Aug 2020
S $4.5bn Google Jio Big G to write 10bn cheque to IndiaJioAshwath Rau, Nilanjana Singh, Bharat Budholia, Sidhant Chandalia, Amitabh Robin Singh, Kanika, Mishra, Vyjayanthi Raghu, Chitrangda Singh, Gaurav Bansal, Ravi Gangal,J Sagar Associates (JSA)
Freshfields Bruckhaus Deringer
Davis Polk & Wardwell
Update info
4,500Jul 2020
2nd chipmaker, Qualcomm, $100m Jio round (etc)JioAshwath Rau, Nilanjana Singh, Bharat Budholia,Trilegal
Davis Polk & Wardwell
Update info
100Jul 2020
S a Jio : Intel Cap $253.8m Jio Platforms stake (natch)Jio PlatformsAshwath Rau, Nilanjana Singh, Bharat Budholia,Trilegal
Paul Hastings
Davis Polk & Wardwell
Update info
254Jul 2020
Premji Invest takeover of Barodas Best Value ChemPremji InvestSrinath Dasari, Nanditha Gopal, Malaveeka Chakravarthy,Pioneer Legal
Update info
Jun 2020
Carlyle win race $490m 20% stake in s PiramalCarlyleSayak Maity, Sneha Nagvekar,Cyril Amarchand Mangaldas
Update info
490Jun 2020
Indias Miranda Tools sale to Dormer Pramet-Miranda ToolsAnand Shah, Shriram Shah, Siddharth Paranjpe,Khaitan & Co
Update info
Jun 2020
$750m Jio cheque from Abu Dhabi Investment AuthorityReliance Industries
Jio
Ashwath Rau, Nilanjana Singh, Bharat Budholia, Gaurav Bansal,Shardul Amarchand Mangaldas
Update info
750Jun 2020
Rare non Jio investment in $1.2bn Abu Dhabi Mubadala round s, DPReliance Industries
Jio
Ashwath Rau, Nilanjana Singh, Bharat Budholia, Gaurav Bansal,Nishith Desai Associates
Skadden Arps Slate Meagher & Flom
Davis Polk & Wardwell
Update info
1,200Jun 2020
Jio Round 4, General Atlantic, $870m goes to... (its not possible to spoiler the rest)Reliance Industries
Jio
Ashwath Rau, Nilanjana Singh, Bharat Budholia, Sidhant Chandalia, Amitabh Robin Singh, Kanika Mishra, Vyjayanthi Raghu, Gaurav Bansal,Shardul Amarchand Mangaldas
Paul Weiss
Davis Polk & Wardwell
Update info
870May 2020
S joins gravytrain in $1.5bn KKR want buy into JioReliance Industries
Jio
Ashwath Rau, Nilanjana Singh, Bharat Budholia, Gaurav Bansal,Shardul Amarchand Mangaldas
Simpson Thacher Bartlett
Davis Polk & Wardwell
Update info
1,500May 2020
$42m Fullerton/Temasek Series D investment in LendinkartFullerton Financial
Temasek
Ashwath Rau, Anu Tiwari, Rachana Rautray,
Update info
42May 2020
Accenture buy of Ahmedabad big data tech player Byte ProphecyAccentureSrinath Dasari,
Update info
May 2020
S animal healthcare player SeQuent bought by s Carlyle $209mCarlyleZia Mody, Darshika Kothari, Sayak Maity, Sneha Nagvekar, Pankhuri Govil,Nishith Desai Associates
White & Case
Update info
209May 2020
Triple tap K&E: Jio raises another cool $1.5bn from Vista EquityReliance Industries
Jio
Ashwath Rau, Nilanjana Singh, Bharat Budholia, Sidhant Chandalia, Amitabh Robin Singh, Kanika Mishra, Vyjayanthi Raghu, Gaurav Bansal,Shardul Amarchand Mangaldas
Kirkland & Ellis
Update info
1,500May 2020
Post Facebook, score 2nd bonanza in Jio goldmine via $747m Silver Lake investment sReliance IndustriesAshwath Rau, Nilanjana Singh, Bharat Budholia, Sidhant Chandalia, Amitabh Robin Singh, Kanika Mishra, Vyjayanthi Raghu, Gaurav Bansal,Shardul Amarchand Mangaldas
Latham & Watkins
Update info
747May 2020
Ceridians buy of Singapore based Excelity Global (May ‘20)
(Foreign deal: Singapore)
CeridianVaidhyanadhan Iyer, Nandan Pendsey, Prerak Ved, Soumit Nikhra, Anshuman Bharadwaj, Apeksha Mattoo, Devika Nayak,
Update info
May 2020
Shapoorji Pallonji $204m sale of five solar assets to KKRKKRAshwath Rau, Atreya Bhattarcharya,Khaitan & Co
Update info
204Apr 2020
Axis Bank buy another 29% in Max Life $210mMax Life Insurance Company
Max Financial Services
Cyril Amarchand Mangaldas
Update info
210Apr 2020
Facebooks mega record setting $5.7bn Jio investment HogLov, DP 3Reliance IndustriesAshwath Rau, Nilanjana Singh, Bharat Budholia, Sidhant Chandalia, Amitabh Robin Singh, Kanika Mishra, Vyjayanthi Raghu, Gaurav Bansal,Shardul Amarchand Mangaldas
Hogan Lovells
Davis Polk & Wardwell
Gibson Dunn
White & Case
Fenwick & West
Update info
5,700Apr 2020
KKR buy Mr BK Modi out of Max HealthcareKKR
Max Healthcare
PDS Legal
S&R Associates
Update info
Apr 2020
Shut in proof: raise $8m Series A line gaming biz Zuphee from Matrix, othersCashgrail
Zupee
Daksh Trivedi, Harsh Kabra,Rajaram Legal
Update info
8Apr 2020