Asia-Pacific
Practice Areas
• Corporate / Mergers & Acquisitions
• Financial Services
• Funds
• Private Equity & Venture Capital
• Regulatory & Securities
• E–Commerce & Retail
• FinTech & Digital
• Infrastructure
• Insurance
Career
Ashwath Rau has over 21 years' experience across a diverse range of practices, including Corporate / M&A, Investment Funds & Asset Management, Private Equity, Joint Ventures, Financial Regulatory, Corporate Governance and General Corporate Advisory. His clients include leading multinational corporations, private equity houses, banks, and other financial services companies, as well as companies in the infrastructure, IT & ITES and telecom & digital services sectors.
Professional Memberships
• Member, SEBI committees / working groups for the review of regulations relating to mutual funds and foreign portfolio investors (2018 – 19)
• Member, Investment Funds Committee, International Bar Association (2014 – 2018)
• Member, Limited Partners + Manage in India Council, Indian Private Equity & Venture Capital Association (IVCA) (2018 – Present)
• Invitee, SEBI Working Group on redrafting the SEBI (Foreign Portfolio Investors) Regulations, 2014, under the Chairmanship of Shri. Harun R. Khan (2018 – Present)
• Invitee, SEBI Working Group to reconcile the SEBI (Mutual Funds) Regulations, 1996 with the Companies Act, 2013 and the Insolvency and the Bankruptcy Code, 2016 (2018 – Present)
• Bar Council of Maharashtra & Goa (1999)
Work Highlights
• Jio Platforms on US$ 20.6 billion in investments from 13 globally reputed strategic and financial investors, including Facebook and Google, in India’s largest FDI ever
• Larsen & Toubro on its US$ 1.5 billion first successful hostile bid in India to acquire a controlling stake in Mindtree, a listed IT services / consulting company
• Schneider Group on its JV with Temasek Holdings acquisition of Larsen & Toubro's electrical and automation business
• KKR on its JV with Abhay Soi, through Radiant Life Care Private Limited and Radiant’s acquisition via merger of Max Healthcare
• The State Bank of India on its merger of 6 banks to create a global top 50 bank with an asset base of over US$ 450 billion: the first ever large–scale consolidation in the Indian banking sector
