Founded in 2000, IndusLaw is well known in the Indian legal market with a diversified financial and corporate practice. The firm has offices in Bangalore, Delhi, Hyderabad, Chennai and Mumbai.
Focusses / specialisms
The firm is active in banking and finance, capital markets, M&A, project development and restructuring and insolvency. The firm boasts a particularly strong private equity practice. The firm represents clients across a broad range of sectors including energy, real estate, oil and gas, transport, industrials and manufacturing, technology and telecommunications, retail, and banking and financial services.
Key clients
Notable clients include PhonePe, Mamaearth, Lodha Developers, Navi Group, Yatra, Fusion MicroFinance, FirstMeridian, Lohia Corp, Greenko Energy, Ecoren Energy, Amp Energy, ReNew Power and Mahindra Susten.
Research period review: 33rd edition (2022/2023)
The banking team was actively advising on financial services regulatory matters during the research period.
The capital markets team was particularly active on equity mandates, and it was kept busy with IPOs.
The corporate team was very active in acquisitions for both the buy and sell sides. The firm covered clients from different sectors including technology, media and entertainment, e-commerce, infrastructure and shipping.
In projects, the team was involved in various sectors such as energy, infrastructure, hospitality and real estate.
In restructuring and insolvency, the firm mainly acted for creditors.
In staff changes, Abhyuday Bhotika from the capital markets team was promoted to partner.
The firm also promoted Nikita Goyal, Ankita Gupta, Aakash Dasgupta and Ashwin Krishnan from private equity team to partners. The firm hired partner Amrit Mehta from Majmudar & Partners, while partner Anubha Sital departed the firm.
The firm also recruited partner Maneesha Kongovi and Sourasubha Ghosh into the restructuring and insolvency team while partner Lomesh Kiran Nidumuri departed the firm.
Deal highlights: 33rd edition (2022/2023)
BRLM’s IPO.
EbixCash’s IPO.
Edelweiss Asset Reconstruction Company’s restructuring.
Mohalla Tech’s $700 million acquisition of MX TakaTak.
Client feedback: 33rd edition (2022/2023)
Capital markets
“Proactive, always reachable, comes up with solutions to problems.”
“Very approachable. Quick to respond and they provide clarity of thought.”
Insolvency
“They provide good market know-how, practical and time-bound advice, and responsiveness.”
M&A
“Commercial and closure-orientated.”
“They are very knowledgeable and aware of regulatory constraints and solutions, ensuring that the client does not take on risks, and they handle difficult points with diplomacy and firmness and an overall sense of timeliness.”
“They have strong corporate and capital markets practices.”
“They were outstanding in their work. Their feedback was prompt, detailed and accurate – their knowledge on the legalities for M&A was excellent. It was an assurance to have them in our corner.”
“Quick access to and attention from their team. Dependable advisory services, moulding their services and deliverables to our requirements.”
“Very professional, they are an example of customer-centricity, timely response and a uniform experience whoever you are dealing with in Indus. They are easy to approach, solution-orientated, listen to you, dependable and – most importantly – result-orientated by committing to timelines. They possess expertise, and are ready to do the groundwork rather than just be in an advisory role. True partners.”
Private equity
“Experience, innovative solutions and responsiveness.”
“Good know-how, hands-on and I would recommend.”
“Highly responsive. Attuned to the market. A trusted adviser with an ear for the commercial while also balancing the legal protections in negotiations.”
“Incredibly responsive and proactive. Commercial in their approach without conceding on points/issues that matter to us. Creative in addressing problems.”
“IndusLaw is always very responsive, with reasonable comments on solutions, and the quality of work is always of high standard.”
“They are very easy to work with, open and clear in their communication, and adopt a practical approach in resolving differences.”
Stuti Agarwal
“She is knowledgeable with high professional ethics.”
Shabbeer Ahmed
“He has up-to-date knowledge, is quick in response and approachable.”
Gaurav Dani
“He is approachable anytime. You can feel confident to take him to your key stakeholders, he will always help out whatever the legal issue, and is calm, composed and dependable. A true partner of the business. Solutions are legal as well as business orientated. Fees are reasonable. Provides good customer experience. With him, I do not need to invest a lot of time in explaining, discussing the problems and solutions or negotiation of fees.”
Avimukt Dar
“Avimukt is the senior partner at IndusLaw. He manages the business and engagements very well!”
Kartik Ganapathy
“Very good communication, solution-orientated.”
Anindya Ghosh
“Anindya is very knowledgeable about the latest trends in the VC space and this helps us immensely as we are always looking to close out deals in a timely and efficient manner. He is also a great problem-solver and has provided us with innovative solutions when we have had a deadlock on different points with other investors and/or the target company. He is also generally a great person to work with and communicates well.”
“Approachable, quick and easy to work with. He has depth of legal and industry knowledge.”
Nikita Goyal
“She is the most thorough, detailed lawyer I have interacted with. She was always on top of her game through the entire engagement. She is an asset to IndusLaw, with an unbeatable work ethic.”
“She is responsive, knowledgeable and owns the work.”
Manish Gupta
“He is very easy to work with, and has a practical approach in resolving differences.”
“He shows depth of knowledge, ability to communicate internally and externally and to work within tight timelines.”
“Strong analytical skills, excellent communication skills, attention to detail and strong work ethic.”
Faraz Khan
“Faraz is detail-orientated and very hard-working.”
Ashwin Krishnan
“Ashwin has always had great attention to detail in his work while still managing to keep the bigger picture in focus. He is extremely hard-working and diligent and this helps us close out deals in an efficient and timely manner. He is also very knowledgeable about the different sectors we invest in and this helps us ensure that our risk is managed effectively.”
“He is accessible, has good knowledge, and is focused on getting the deal done so can be pragmatic.”
Saurav Kumar
“He is an excellent corporate lawyer who listens to the client and who can provide innovative solutions.”
Abhiroop Lahiri
“Approachable, very quick to respond, and excellent communication.”
Minhaz Lokhandwala
“Minhaz already knows what our firm's main requirements are. He will immediately respond to our new tasks and allocate the work to his team as necessary. He is always involved and knows what is happening and is ready to provide solutions that will safeguard us, but at the same time not create a gap in the relationship we have as an investor with the founder of the portfolio company.”
Revathy Muralidharan
“He is solution-orientated, prompt and knowledgeable.”
Winnie Shekhar
“An all-star and an incredibly valued partner who enables us to partner with companies in India. Capable of handling the most complex of transactions. Very easy to work with and alongside.”
“Incredibly collaborative. Engages in negotiations in a productive manner, while still advocating for a client's position. Incredibly knowledgeable of the market and constantly evolving 'standard' terms.”
Rashi Singh
“Rashi has good time management and is responsive.”
Vishal Yaduvanshi
“Very responsive, proactive and has the ability to come up with solutions.”
