Skip to main content

Cyril Amarchand Mangaldas tops League Table for Legal Advisors to Private Equity deals in in Q1 2020

Cyril Amarchand Mangaldas (CAM) topped the Venture Intelligence League Table for Legal Advisors to Private Equity (PE) Transactions for the quarter ending March 2020. CAM advised PE deals worth $1.6 Billion (across 23 qualifying deals) during the period. Khaitan & Co. came in second at $1.4 Billion (across 16 deals), followed by Shardul Amarchand Mangaldas (SAM) ($1.2 Billion across 13 deals) in third place. Trilegal ($886 million across 13 deals) and AZB & Partners ($597 Billion across 12 deals) completed the top five.


The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on value of PE and M&A transactions advised by Transaction and Legal Advisory firms.

Among the largest deals in the latest quarter, CAM, Khaitan, SAM, Trilegal and Kirkland & Ellis advised the $568 million investment in distressed RattanIndia Power by a consortium of investors including Goldman Sachs and Varde Partners. AZB, CAM and S&R Associates advised Canadian private equity investor Brookfield’s $205 million investment in IndoStar Capital Finance. CAM also advised General Atlantic’s $200 million investment in Byjus Classes.

Among foreign firms, Kirkland & Ellis came on top advising deal worth $568 million. Fenwick and West LLP came in second advising deal worth $110 million. Goodwin Procter came in third advising 2 deals worth $97 million.

The full league table can be viewed online at https://www.ventureintelligence.com/leagues.php

By Deal Volume

Burgeon Law topped the tables in terms of deal volume advising 30 deals during Q1'20. CAM came second with 23 deals. This was followed by Samvad Partners (17 deals) and Khaitan & Co. (16 deals) in third and fourth places respectively. Algo Legal, SAM and Trilegal shared the fifth spot advising 13 deals each.


By Industry 

Among Private Equity transactions in IT & ITeS, Algo Legal ($284 million) stood first followed by J Sagar Associates ($267 million). Samvad Partners took the third spot with $246 million. Trilegal ($179 million) and L&L Partners ($153 million) came in at fourth and fifth places respectively. Burgeon Law stood in first place by deal volume, advising 16 deals followed by Samvad Partners (11 deals) and Algo Legal (10 deals) in the second and third spots. CAM (6 deals) and JoyceLaw (5 deals) completed the top five.

In Financial Services, CAM topped the table with $427 million, followed by AZB with $228 million. S&R Associates came in third ($205 million) followed by Khaitan ($152 million) and Veritas Legal ($102 million) in fourth and fifth spot respectively.

Khaitan & Co. topped in Healthcare & Life Sciences advising deals worth $304 million, followed by CAM ($141 million) in second place and IndusLaw ($114 million) in third place. Pioneer Legal ($75 million) and Algo Legal ($49 million) occupied the fourth and fifth place.

The full league table can be viewed online at https://www.ventureintelligence.com/leagues.php

To showcase your firms' transactions in the 2020 League Tables, mail Vanathi at

Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.

Popular posts from this blog

PE-VC investments decline 8% to $6.2 B in Q1'24

Press Release: Private Equity - Venture Capital (PE-VC) firms invested over $6.2 Billion (across 205 deals) in Indian companies during the first three months of 2024, shows data from  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations. (Note: These figures include Venture Capital type investments, but exclude PE investments in Real Estate). The investment amount represents a 8% fall over the $6.7 Billion (across 242 deals) invested in the same period during 2023 and also down by 6% when compared to the immediate previous quarter (which witnessed $6.6 Billion being invested across 200 deals). Deal volumes in Q1'24 also declined 15% compared to Q1'23 and were up by 3% compared to the immediate previous quarter.  Q1’24 witnessed 8 mega deals ($100 M+ rounds) worth $3.5 Billion, compared to 17 such investments (worth $3.6 Billion) in Q1’23 and 15 such deals (worth $4.1 Billion) in the immediate previous quarter.  Th

PE-VC investments in Q2'23 decline 33% to $9.9 Billion

Private Equity-Venture Capital (PE-VC) investments in India during the quarter ended June 2023 (Q2'23), at $9.85 Billion across 182 deals, registered a 33% decrease compared to the same period in 2022 (which saw $14.6 Billion being invested across 371 deals). The investment amount however rose 74% compared to the immediate previous quarter (which saw $5.7 Billion being invested across 181 deals), shows data from  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations. The PE-VC investment figures for the first 6 months of 2023 - at $15.5 Billion (across 363 deals) - was 50% lower compared to the same period in 2022 (which saw $31 Billion being invested across 800 deals). Q2’23 witnessed 19 mega deals ($100 M+

Chiratae, Speciale and Stride Ventures win APEX'24 Venture Capital Awards

Chiratae Ventures, Speciale Invest and Stride Ventures were awarded as among the leading Venture Capital investors in India for 2023 as part of Venture Intelligence APEX‘24 Private Equity & Venture Capital awards event in Mumbai.  The Venture Intelligence “Awards for Private Equity Excellence” (APEX) is dedicated to celebrating the best that the Indian Private Equity & Venture Capital industry has to offer. The APEX Awardees are selected based on both Self Nomination by the participating PE-VC firms and "crowd sourced" voting from the Limited Partner, PE-VC and advisory communities. (The main criteria are Return Track Record, New Fund Raises & Follow-on Funding Rounds for Portfolio Companies) VC Investor of the Year Chiratae Ventures received the Venture Capital Investor of the Year 2023 Award on the back of 10 part exits totaling $178 million via Secondary Sales during the year. Its exits included those from retail unicorn Lenskart, SaaS Startup Pixis and baby pr

Blackstone, MO Alts and InvAscent win APEX'24 Private Equity Awards

Press Release Blackstone, MO Alternates (formerly Motilal Oswal PE) and InvAscent were awarded as among the leading Private Equity and Growth Capital investors in India for 2023 as part of Venture Intelligence APEX‘24 Private Equity & Venture Capital awards event in Mumbai.  The Venture Intelligence “Awards for Private Equity Excellence” (APEX) is dedicated to celebrating the best that the Indian Private Equity & Venture Capital industry has to offer. The APEX Awardees are selected based on both Self Nomination by the participating PE-VC firms and "crowd sourced" voting from the Limited Partner, PE-VC and advisory communities. (The main criteria are Return Track Record, New Fund Raises & Follow-on Funding Rounds for Portfolio Companies) PE Investor of the Year Blackstone received the Private Equity Investor of the Year 2023 Award on the back of strong complete exits during the year: from Sona Comstar and IBS Software. Ganesh Mani and Amit Dalmia, Senior Managing D

Avendus tops League Table for Transaction Advisors to PE deals in Q1'23

Aeka Advisors and Ambit claim the No.2 & 3 slot Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions for Q1 2023 advising 5 deals worth $808 million. Aeka Advisors stood second having advised 3 deals worth $228 million. Ambit followed with 4 deals worth $160 million. Ernst & Young ($114 million across 4 deals) and o3 Capital ($80 million across 2 deals) completed the top five for Q1 2023. Avendus acted as advisor to ADIA’s $500 million investment in omnichannel eyewear retailer Lenskart . Aeka Advisors acted as advisor to Kreditbee’s $160 million fundraise from Advent International, Mitsubishi UFJ Financial Group (MUFG) and existing investors. Ambit advised the $104 million fundraise of Freshtohome from Mount Judi Ventures, Iron Pillar, Amazon and others. The  Venture Intelligence League Tables , the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE