Corporate/M&A: The Elite
Asia-Pacific Guide 2025 : India
Band 3
Email address
[email protected]Contact number
+91 11 4260 3045About
Provided by Touchstone Partners
The firm’s experience in advising its strategic clients spans the entire breadth of corporate M&A transactions - greenfield/brownfield investments, complete buyouts/minority stake purchases, public/private M&A, mergers, joint ventures and exits - and across a variety of sectors, including the consumer goods, energy, infrastructure, pharmaceutical and technology industries.
Work Highlights:
- A leading GCC sovereign wealth fund in connection with its USD 1bn+ investment in funds set up by the Kotak group in GIFT city (India’s first international financial services centre). The funds will in turn make investments in special situations assets and real estate projects in India.
- A leading GCC sovereign wealth fund on its acquisition of a 10% stake in HDFC Capital Advisors Limited from HDFC Limited.
- Constantia Flexibles in connection with its joint venture with Premji Invest and SB Packagings.
- A leading GCC sovereign wealth fund and GEF Capital Partners in the first major overseas listing of an Indian company, ReNew Power, via the SPAC route.
- Air India on its 50:50 joint venture with Airbus for a pilot training centre.
- United Spirits Limited on the sale / franchise of certain brands in the ‘Popular’ segment to Inbrew Beverages Private Limited.
- Huntsman Corporation on the sale of its textile effects division to Archroma, a portfolio company of SK Capital Partners.
- BP on several matters, including its fuel retail and mobility joint venture in India with Reliance Industries Limited.
Chambers Review
Touchstone Partners possesses an accomplished group of lawyers in India, specialised in handling strategic M&A and joint ventures on behalf of renowned multinational clients from the energy, logistics, technology and education industries. The firm draws on its extensive international experience to ably support prestigious international law firms on high-profile matters. Other clients include noted names from Europe, Asia and North America. The firm is present in Mumbai, New Delhi and Bengaluru.
Work Highlights
- Touchstone Partners advised Air India on a 50:50 joint venture with Airbus for an ‘Airbus’ certified pilot training centre in India.
Strengths
Provided by Chambers
"They are incredibly responsive, ensuring all inquiries are addressed promptly and thoroughly. Their guidance and strategic approach are instrumental in navigating a complex legal background."
"The Touchstone team is very responsive and pleasant to collaborate with."
"The firm provides excellent customer service with effective and practical legal advice."
"They are incredibly responsive, ensuring all inquiries are addressed promptly and thoroughly. Their guidance and strategic approach are instrumental in navigating a complex legal background."
"The Touchstone team is very responsive and pleasant to collaborate with."
"The firm provides excellent customer service with effective and practical legal advice."
Notable Practitioners
Karam Daulet-Singh in Mumbai is qualified to practise in both India and the UK. He is heavily focussed on advising international companies on their India-based operations and highly valued for his broad experience, which includes cross-border acquisitions and joint ventures.
"Karam is very much focussed on producing quality output for his clients."
Uday Walia advises companies on M&A in a variety of sectors, including education and manufacturing. Based in New Delhi, he is qualified in England and India and has experience working abroad.
"We are very happy with Uday Walia, especially due to his agile, solution-oriented and practical approach."
Yashasvi Mohanram in Bengaluru has private sector experience and a large international client base. He handles investments and provides advice on corporate matters.
Gaurav Desai in New Delhi is well regarded by market sources. He has experience acting on a variety of different corporate deals from acquisitions to divestment operations.
"Gaurav Desai is excellent technically and provides excellent client service."
"Gaurav is a true expert in M&A and is easy to work with."