•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences
This article, like many others, was first published exclusively for subscribers, 2 hours before everyone else got to read it.

If you'd like several goodies and first access to stories like these in future, subscribe instantly here

CAM partner Sourav Kanti De Biswas joins unicorn Indus-AZB-client Oyo as VP with transactions focus

Fast-growing Oyo ramps up M&A vertical
Fast-growing Oyo ramps up M&A vertical

Cyril Amarchand Mangaldas Delhi-based partner Sourav Kanti De Biswas has joined gazillion-dollar-valued hotel chain Oyo as vice president legal last month.

He will be focusing on the in-house legal domestic and international transactions vertical at the fast-growing unicorn, which has vowed to become the world’s largest hotel chain by 2023, and boasts 850,000 budget rooms.

He is reporting to general counsel (GC) Rakesh Prusti, who had joined in 2018 from Max Healthcare.

Oyo has been a close client of AZB & Partners’, according to our deals database in 2018, having instructed the firm on a mammoth $600m fundraise last year, as well as its purchase of Weddingz, a banquets company, and of co-working space Innov8.

Update 21 August 2019: IndusLaw has also advised Oyo since 2014, including on its early 2019 fundraising round of $100m each from Asian ride sharing companies Grab and Didi, and $400m from Softbank.

Biswas is a 2005 NUJS Kolkata graduate, who had worked in-house at Reliance Communications and Avaya, before joining erstwhile Amarchand Mangaldas in Delhi in 2008.

He was made partner at its successor firm Shardul Amarchand Mangaldas (SAM) in 2015.

In November 2018, he joined Cyril Amarchand Mangaldas after four months of notice, as part of the move of SAM Delhi partner Akila Agrawal.

Cyril Amarchand Mangaldas managing partner Cyril Shroff commented: “We wish him well.”

We have reached out to Biswas for comment.

Click to show 14 comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.

Latest comments