Cyril Amarchand Mangaldas has continued its strong capital markets rebuild, buoyed by India’s bullish stock market sentiment, with the addition of Gayathri Ramachandran as a partner in Bengaluru.

Ramachandran joins from investment firm Premji Invest where she was a senior legal manager for a year. She previously had two stints at CAM - as senior consultant from 2021 to 2023, and as a senior associate from 2014 to 2018. She has also headed the legal team at unicorn startup Livspace.com, and held an in-house role at healthcare company Yashoda Hospitals.

Ramachandran has a decade of experience in the corporate law and capital markets space. She has been part of several marquee capital market transactions and has also advised private equity clients on their exits through IPOs.

“Gayathri is an experienced practitioner with knowledge of securities laws and sharp commercial understanding having worked on the client side. She will add depth to our national capital markets team and specifically to our Bengaluru office,” said Yash Ashar, CAM senior partner, in a statement.

CAM began to rebuild its capital markets practice this year with a 60-member team from IndusLaw following the departures of practice leader for South India Vijay Parthasarathi and partner Vinay Sirohia to Trilegal.  Large parts of their teams, while not moving directly with the lead partners, also found new homes. Partner Abhinav Kumar left to join Talwar Thakore & Associates, while Rohit Tiwari moved to Shardul Amarchand Mangaldas & Co.

The country’s capital markets have been one of the lucrative practice areas for Indian law firms in the last two years, as more companies than ever look to access public finance, given strong returns, comparative stability and an ongoing private capital funding winter.