The Bangalore head of Nishith Desai Associates' office, Parag Srivastava, has joined has joined Rajaram Legal in the city as its third partner there.

The 2008 NLSIU Bangalore graduate specialises in M&A and private equity and is joined by colleague Poonam Sharma as a senior associate.

Srivastava primarily advises investors as well as on structuring their investments.

Sharma has worked on acquisitions, control acquisitions, fund raises, cross border buyouts, complex private equity exits, portfolio buyouts, secondary share purchases and joint ventures, according to a statement form Rajaram.

When asked about where most of the firm’s revenue was coming from these days, Mumbai-based managing partner Archana Rajaram said: “VC and PE and increasingly M&A. The last few quarters have primarily been late stage funding upwards of 100mn.”

We have reached out to Nishith Desai for comment, which had recently lost three of its senior lawyers.

Rajaram Legal is now a total of 4 partners strong, with a total of 16 fee-earners (of whom there are 7 plus a company secretary in Mumbai, with another 9 lawyers in Bangalore).

In 2018, one year after its founding, Rajaram had promoted Bangalore partner Prasad Subramananyan to partner.