Private Equity

PE Fund Investments

AZB & Partners tops League Table for Legal Advisors to Private Equity deals for H1'22

Trilegal and Khaitan & Co. claim the No.2 & No.3 slots  

AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to Private Equity Transactions in H1 2022. advising PE deals worth $11.1 Billion (across 84 qualifying deals) during the period. Trilegal ($5.7 Billion across 36 deals) and Khaitan & Co. ($5.35 Billion across 37 deals) took the second and third spots. Cyril Amarchand Mangaldas (CAM) ($5.3 Billion across 46 deals) and IndusLaw ($3.3 Billion across 85 deals) completed the top five. Among the larger PE-VC transactions during the period, Shardul Amarchand Mangaldas (SAM), Trilegal, Freshfields Bruckhaus Deringer advised Mobile Content and News aggregator Unicorn – Dailyhunt's $805 million fundraise from Sumeru Ventures, Luxor Capital, Ontario Teachers Pension Plan, Sofina, Baillie Gifford, and CPPIB. AZB & Partners and Indus Law advised food delivery company Zomato's acquisition of instant grocery startup Blinkit (formerly known as Grofers). AZB & Partners, Khaitan & Co. and Trilegal advised CPPIB in joint venture with Tata Realty and Infrastructure. Burgeon Law topped the tables in terms of deal volume having advised 107 deals during H1 2022. IndusLaw took the second spot with 85 deals. This was followed by AZB & Partners with 84 deals. Cyril Amarchand Mangaldas, Jerome Merchant + Partners and Peritum Partners took the fourth spot with 46 deals each, and Lexstart completed the top five with 38 deals. The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms.