Private Equity
Asia-Pacific Guide 2024 : India
Band 3
Email address
[email protected]Contact number
+91 (22) 6184 9900Chambers Review
IC Universal Legal continues to display a solid reputation for advising companies on fund formation and asset management. The team especially elicits praise for its strong knowledge of SEBI and Alternative Investment Funds regulations in India. The firm regularly represents leading Indian and overseas funds in transactions across a range of sectors, including consumer services, finance and real estate. Clients represented include HDFC, Omnivore Partners and Fireside Ventures.
Work Highlights
- IC Universal Legal advised Lightspeed India Partners, which is set up in Mauritius with a focus on venture capital investments in India, on drafting and finalising India-related sections under its private placement memorandum and subscription agreement and reviewing other fund documentation.
Strengths
Provided by Chambers
"They have a good ability to understand the issue and offer appropriate solutions."
"They are an extremely professional team with strong subject knowledge and on-time delivery."
"They have a good ability to understand the issue and offer appropriate solutions."
"They are an extremely professional team with strong subject knowledge and on-time delivery."
Notable Practitioners
Tejesh Chitlangi is a senior partner in IC Universal Legal's Mumbai office. He is highly respected for his expertise in fund formation.
"He is a problem solver and has the solution to every problem we put to him. We appreciate the depth of knowledge he brings to the table on complex matters."
"Tejesh understands client concerns and is able to add value by providing practical solutions."