India Business Law Journal

23/06/2025

Zeeshan Khan shores up Luthra’s IPR practice in Delhi https://law.asia/zeeshan-khan-joined-luthra-luthra/

Zeeshan A Khan has joined Luthra and Luthra Law Offices India as a partner in the intellectual property rights practice, and will be based at the firm’s office in Delhi.

Previously, Khan was a senior member of the IP practice at Rahul Chaudhry & Partners.

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23/06/2025

Iqbal Khan will be joining the Cyril Amarchand Mangaldas corporate practice, along with his 12-member team, and he will be based at the firm’s Mumbai office. His move comes less than a year after joining JSA.

Speaking exclusively to India Business Law Journal, Khan said, “I joined Cyril Amarchand Mangaldas because it is one of the most respected and influential legal brands — not just in India, but across Asia and the EMEA [Europe, the Middle East and Africa] region.

When asked if Ambarish would be joining him, Khan told IBLJ, “Ambarish has decided to return to Shardul Amarchand Mangaldas & Co, and I sincerely wish him all the very best in this next chapter of his career.”

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Iqbal Khan will be joining Cyril Amarchand Mangaldas (CAM) in the firm’s corporate practice, along with his 12-member team...

23/06/2025

Firms guide closure of A91 Partners’ USD665m fund https://law.asia/a91-partners-fund-closure/

Trilegal, Goodwin, Deloitte Touche Tohmatsu and PwC have worked on closing a USD665 million fund for leading Indian fund sponsor A91 Partners.

Trilegal advised A91 Partners on the successful closure of its third fund, securing commitments totalling USD665 million.

Ganesh Rao, Aditya Jha and Yash Bansal led Trilegal’s asset management and funds team on the transaction. Jill Gada, as well as Nayanikaa Shukla, Jaivish Harjai, Arpit Jhanwar, Karthik Madhusoodanan and Srinidhi R provided support.

Goodwin Procter (Hong Kong) LLP also advised A91 Partners, while Deloitte Touche Tohmatsu and PricewaterhouseCoopers acted on tax matters.

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23/06/2025

Poovayya & Co has advised MetaShot on a INR20 million (USD230,000) investment from the Karnataka Information Technology Venture Capital Fund (KITVEN Fund).

In-house counsel acted for KITVEN, the Karnataka state government’s alternative investment fund, and the deal was structured through the issue of convertible debentures.

Poovayya & Co Siddhartha George and Harini Sudersan led the transaction team, with the support of Neytra Nayak and Satyajit Nair.

Poovayya & Co also advised MetaShot on an earlier INR110 million fundraising round led by Sauce VC, with participation from Sharrp Ventures and Panthera Peak Capital.

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Poovayya & Co has advised MetaShot on a INR20 million (USD230,000) investment from the Karnataka Information Technology Venture Capital Fund...

23/06/2025

Akshay Kishore joins Duane Morris & Selvam as director https://law.asia/akshay-kishore-joins-duane-morris-selvam/

Akshay Kishore has joined Duane Morris & Selvam as a director and head of the India dispute resolution practice.

Kishore is a fellow of the Chartered Institute of Arbitrators and a member of the Singapore Institute of Arbitrators. He is also listed on the SIAC’s reserve panel of arbitrators.

In addition, he serves on the steering committee of the Legal Services Interest Group at the Singapore International Chamber of Commerce.

Mark Ng will be joining him as a senior associate in the litigation, arbitration and dispute resolution practice group.

Both Kishore and Ng were previously with Bird & Bird ATMD.

“Akshay’s sector expertise and focus on India-related disputes will further strengthen our regional offering and reinforce our commitment to cross-border dispute resolution,” said Leon Yee, chairman of Duane Morris & Selvam.

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23/06/2025

International Credit Rating Agency (ICRA), an affiliate of Moody’s, has signed definitive agreements to acquire 100% of Fintellix India from LFG Services Mauritius Holdings and G2 Acquisition, for INR2.25 billion (USD26 million).

Samvad Partners and Saraf and Partners advised the parties involved.

Saraf and Partners advised ICRA on due diligence, structuring and documentation. Vaibhav Kakkar, along with Snigdhaneel Satpathy and Debarpan Ghosh, led the transaction team.

The sellers are affiliated with Stellex Capital Management, a US-based private equity firm. Samvad Partners represented the selling shareholders.

Samvad's Nivedita Nivargi led the team, with the assistance of Narayan Gupta, Pranav Narayan Govind, Sakshi Tyagi and Sandesh Atyam.

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International Credit Rating Agency (ICRA), an affiliate of Moody’s, has signed definitive agreements to acquire 100% of Fintellix India...

20/06/2025

Ayush Mohan and Aakash Sherwal have been elevated to partnerships at Samvād: Partners in the firm’s Mumbai and Bengaluru offices, respectively.

“Both Aakash and Ayush are excellent additions to our partnership,” said senior partner Poornima Hatti.

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Ayush Mohan and Aakash Sherwal have been elevated to partnerships at Samvād: Partners in the firm’s Mumbai...

20/06/2025

Cyril Shroff leads BCI committee on foreign lawyers’ entry https://law.asia/committee-on-foreign-lawyers-entry/

The Bar Council of India has formed a committee to examine and recommend solutions for concerns raised by Indian law firms and lawyers over foreign lawyers and law firms being allowed to practise in India.

Cyril Shroff, the managing partner of Cyril Amarchand Mangaldas, will be chairman of the six-member committee.

Other committee members are Ajay Bahl, managing partner of AZB & Partners; Suhail Nathani, managing partner of Economic Laws Practice; Sandip Bhagat, partner S&R Associates; Mahesh Agarwal, managing partner of Agarwal Law Associates; and Amit Kapur, partner at JSA. Srimanto Sen, principal secretary of the BCI, will be the committee’s convenor.

BCI chairman Manan Kumar Mishra will be a special invitee to the committee

The committee meetings will start in August 2025 and its final report shall be due up to 40 days after commencement of these meetings.

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20/06/2025

Moksha Bhat has been appointed as managing partner at AP & Partners, who will lead the firm’s operations and strategic direction.

Bhat, who is also the firm’s co-founding partner, told India Business Law Journal, “In this role, I will be expected to take the lead on managing the day-to-day operations and implement strategic initiatives at the firm.”

Given the change, the firm has confirmed that Anand Prasad and Bhat will co-lead the corporate practice along with Dushyant Kumar, while Arjun Sinha will continue leading the TMT practice.

Prasad remains as a senior partner and will lead the disputes practice along with NL Ganapathi. Romit Dey will be involved in the launch of the restructuring and insolvency practice. Lagna Panda, who recently joined as a partner, will focus on competition and data protection laws.

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Moksha Bhat has been appointed as managing partner at AP & Partners, who will lead the firm’s operations and strategic direction...

20/06/2025

Redomiciling in India has become an attractive option for companies due to a combination of India’s deepening capital markets plus regulatory factors.

Anisha Patnaik, Smita Reddy, and Aishwarya Dubey of LexStart Partners explain why Indian startups are increasingly "reverse flipping" their legal headquarters back to India due to maturing capital markets and favorable regulatory changes.

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Redomiciling in India has become an attractive option for companies due to a combination of India’s deepening capital markets...

19/06/2025

Nish*th Mehta to head CAM’s financial regulatory, compliance https://law.asia/nish*th-mehta-joins-cam-head-financial-regulatory-compliance/

Nish*th Mehta will be joining Cyril Amarchand Mangaldas as the head of financial regulatory and compliance and will be based at the firm’s Mumbai office.

He joins the firm from Bank of America Merrill Lynch, where he co-headed Asia Pacific compliance and operational risk.

His previous roles include leadership positions at Lehman Brothers, the Kotak Mahindra-Goldman Sachs JV, and Edelweiss Group.

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19/06/2025

Mihir Rale will be joining Cyril Amarchand Mangaldas as a partner and co-head of the digital | TMT practice and will be based at the firm’s Mumbai office.

Until 2024, he served as general counsel at Star and Disney India, completing a 15-year tenure.

Rale was also co-chair of the Federation of Indian Chambers of Commerce & Industry PR committee and the Confederation of Indian Industry’s digital media committee. He has also contributed to the FICCI’s M&E and CII’s National Regulatory committees.

“Digital businesses today play a vital role in India’s economic growth and social development,” said Cyril Shroff, managing partner at Cyril Amarchand Mangaldas on Rale’s addition to the firm

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