Exit strategies in Indian private equity deals have transformed, with investors now prioritising enforceable exit mechanisms, dispute resolution clauses and realistic timelines to navigate the challenges of protracted legal battles.

Rohan Ghosh Roy, a former Trilegal partner who helped build the firm’s technology and private equity clientele, is joining Cyril Amarchand Mangaldas as equity partner in Mumbai, following a two-year career break.

Ratnadeep Roychowdhury, co-head of Nishith Desai Associates’ private equity and sovereign wealth funds group has moved to Cyril Amarchand Mangaldas, making him the second NDA practice head to move to CAM in a week.

M&A-focused Anagram Partners has become the latest to turn to IndusLaw to expand its offerings with the addition of M&A and private equity-focused partner Faraz Khan in Mumbai.

Roshan Thomas has left his role at troubled edtech unicorn BYJU’s to rejoin Shardul Amarchand Mangaldas & Co as an equity partner in its Bengaluru-based corporate practice.

Indian law firm Trilegal has seen a rare recent partner departure, with banking expert Pranav Sharma rejoining Cyril Amarchand Mangaldas as an equity partner in Mumbai.

Emerging as pivotal players in India’s vibrant investment landscape, boutique private equity and venture capital law firms are gaining recognition for their significant role. These firms provide essential legal services and strategic counsel, supporting both investors and start-ups. Their expertise fosters innovation and economic growth, ensuring India remains a prominent force within the global start-up ecosystem. 

Gurugram-based law firm Antares Legal has become the latest in a recent slew of firms to open an office in the red-hot market of Bengaluru after hiring transactions lawyer Sindhushree Gadasalli as a partner from local boutique Mani Chengappa & Mathur.

Indian law firm Cyril Amarchand Mangaldas has advised global PE investor Advent International on its 24.75-billion-rupee (nearly $297 million) investment in Apollo Hospitals’ (AHE) unit Apollo HealthCo.

Indian cross-border M&A boutique Touchstone Partners has significantly bolstered its capabilities in Mumbai with the addition of two partners from leading firms: Anirudh Agarwala has joined from Trilegal, and Pranay Bagdi from Cyril Amarchand Mangaldas.