Argus Partners
Asia-Pacific Guide 2025
About
Firm Details:
Managing Partner: Krishnava Dutt
Number of partners: 24
Number of lawyers: 150
Firm Overview:
Argus Partners is a leading Indian law firm with offices in Mumbai, Delhi, Bengaluru and Kolkata.
Innovative thought leadership and ability to build lasting relationships with all stakeholders are the key drivers of the Firm. The professionals of the firm are business lawyers who understand business and financial issues that help in identifying real risks and provide practical legal solutions to drive the growth of the clients’ business.
Each of the lawyers are trained to have a multi-disciplinary and holistic approach while addressing any issue and to offer the most efficacious legal solutions to the clients’ business needs. The Firm’s approach is to treat each client as the only client. The Firm strives to understand their business, aspirations, concerns and constraints in order to structure transactions in a manner that enables clients to efficiently overcome business challenges and effectively achieve their goals.
The Firm has built a formidable reputation for its consistent high performance. The Firm, the partners and associates have a rich domestic and international experience and have been recognised and awarded by several publications. Presence across India gives the Firm a distinct advantage in serving its clientele that includes industry and business leaders in all segments of the market.
Practice Areas:
- Corporate and M&A
- Banking & Finance
- Restructuring & Insolvency
- Private Equity & Venture Capital
- Technology & Data Privacy
- Sports & Gaming
- Fintech
- Disputes & ADR
- Energy & Infrastructure
- Real Estate & Real Estate Financing
- Labour & Employment
- Competition
- Indirect Tax
- Estate Succession & Planning
Key Work Highlights:
- Argus Partners has successfully represented the erstwhile Housing Development Finance Corporation Limited (since merged with HDFC Bank) ("HDFC") before the Supreme Court, against Infrastructure Leasing and Financial Services Limited ("IL&FS").
- Advised Tata Steel Limited on its investment in one of the biggest industrial RTC power projects in India under Group Captive Regime.
- Advised BCCI on the media rights auction for International and Domestic Matches of the Indian Cricket Team.
- Advised HDFC Limited in its proposed merger with HDFC Bank to create India`s second largest bank. This deal marks India’s largest ever public M&A transaction valued at USD 60 billion.
- Advised the Board of Control for Cricket in India (BCCI) on the media rights auction for the 2023-2027 cycle of the Indian Premier League (IPL) for more than USD 6 billion.
- Advised BCCI on the Women`s Premier League (WPL) media rights and teams auction.
- Advising Tata Steel in the proposed mega-merger involving Tata Steel and seven of its subsidiary/ associate entities into Tata Steel.
- Advised GRUH Finance (a subsidiary of HDFC Limited) on its merger with Bandhan Bank. This deal pertained to a merger of a listed bank with a listed housing finance company. This deal was one of the largest in the financial services sector with a combined market cap of USD 12 billion.
- Advised HDFC Limited on its acquisition of a stake in Yes Bank made pursuant to a scheme of reconstruction of Yes Bank notified by the Central Government owing to the deteriorating financial health of Yes Bank.
- Advised Tata Steel on its acquisition of Usha Martin (Steel Division) in one of the largest deals in the steel sector outside the framework of the Insolvency and Bankruptcy Code.
- Advised the Resolution Professional (who was assisted by Grant Thornton) on the acquisition of Monnet Ispat by the consortium of JSW Steel and AION Capital.
- Advised Mukand Limited on its joint venture with Sumitomo Corporation, Japan for setting up of a special steel plant
- Advised the committee of creditors of Binani Cement Limited on the acquisition of Binani Cement Limited by UltraTech Cement Limited.
- Advised fintech unicorn, CRED (Dreamplug Technologies Private Limited), on raising USD 140 million in its Series F funding round with a post money valuation of USD 6.4 billion.
- Advising and representing the Volkswagen Group in India which handles premium brands like Audi, Lamborghini, Porsche, Skoda Auto Volkswagen India Private Limited and also, Mercedes Benz in various fora including the Supreme Court, High Court, Competition Commission and Consumer Forum from time to time.
- Advising and representing the Ex. Partners of Price Waterhouse in the Satyam Scam before various fora like SEBI, SAT, High Courts, Supreme Court, ICAI, etc.
- Representing Sardar Syedna Taher Saifuddin before the Supreme Court of India in the matter relating to rights of the Dawoodi Bohra community regarding ex-communication of its members.
Offices:
Mumbai
11, 1st Floor,
Free Press House
215, Nariman Point
Mumbai – 400021
T: +91 22 67362222
Delhi (ITO)
7A, 7th Floor, Tower C, Max House,
Okhla Industrial Area, Phase 3,
New Delhi – 110020
T: +91 11 6904 4200
Bengaluru
68, Nandidurga Road,
Jayamahal Extension,
Bengaluru – 560046.
T: +91 80 46462300
Kolkata
Binoy Bhavan,
3rd Floor, 27B Camac Street,
Kolkata – 700016.
T: +91 33 40650155/56
Other Contact Details:
Email: [email protected]
Website: www.argus-p.com
Ranked Offices
Provided by Argus Partners
- Mumbai11, 1st Floor, Free Press House, 215, Nariman Point, Mumbai, Maharashtra, India, 400021
- Web: www.argus-p.com
- Tel: +91 22 67362222
- View ranked office
Argus Partners rankings
Articles, highlights and press releases
59 items provided by Argus Partners
Pallavi Kanakagiri joins Argus Partners as a Partner in the PE-VC and Corporate practice
We are delighted to announce that Pallavi Kanakagiri has joined Argus Partners' Bengaluru office as a Partner (Equity) in the Private Equity/ Venture Capital and Corporate and M&A practice, effective December 2, 2024.
Aseem Dhawan joins Argus Partners as a Partner in the Banking and Finance practice
We are delighted to announce that Aseem Dhawan has joined Argus Partners' Delhi office as a Partner in the Banking and Finance practice, effective November 5, 2024.
How NSE settled its case with SEBI
The markets regulator has approved the National Stock Exchange’s (NSE) application for settling alleged violations relating to its Trading Access Point (TAP) Architecture and Network Connectivity framework. This allows it to go ahead with its initial public offering plans.
Regulating Green Hydrogen Transportation: A Constitutional Conundrum
Green Hydrogen (GH2), emerging as a pivotal sector in India's clean energy transition, offers immense potential for the nation, investors, and consumers.
Playing by the rules: Why self-regulation is best for fintechs
The Reserve Bank of India has approved the Fintech Association for Consumer Empowerment as the fintech industry’s first self-regulatory organisation (SRO-FT).
Argus Partners has relocated to a larger office space in New Delhi
We are pleased to announce that Argus Partners has relocated to a larger office space in New Delhi, now located at Max House, Tower C, 7th Floor, Okhla Phase III.
Anindya Ghosh, Ashwin Krishnan and Anantha Krishnan Iyer join Argus Partners, Bengaluru, as Partners
Anindya Ghosh (Equity Partner), Ashwin Krishnan (Partner), and Anantha Krishnan Iyer (Partner) will be joining the Bengaluru office, strengthening our Corporate and M&A, Private Equity & Venture Capital, Technology, and Media/ Entertainment practices.
Advised Henkel Adhesives India in entering into a captive renewable energy arrangement with CleanMax
Argus Partners successfully advised Henkel Adhesives India on its captive renewable energy arrangement with CleanMax, a Brookfield-backed company, aimed at accelerating its transition to carbon-neutral manufacturing processes.
Successfully represented United Hotels and Properties (HHI Group) against Vodafone Ide
Argus Partners has successfully represented United Hotels and Properties (HHI Group) in a cyber negligence case under the IT Act, 2000 against Vodafone Idea.
Exclusion Clauses In Contracts Barring a Claim for Damages
Section 73 of the Indian Contract Act, 1872, affirms the right to claim damages for loss or injury caused by a breach of contract. Before this was codified, such a right existed under common law, providing remedies for torts and contractual breaches.
Advised Conscient Sports on Real Madrid Foundation collaboration for India football program
We are pleased to announce that Argus Partners has advised Conscient Sports on their landmark collaboration with the Real Madrid Foundation to develop Real Madrid's Educational Football Program for 4,500 students in the Indian cities of New Delhi, Mumbai, Pune, and Bengaluru.
Successfully represented BCCI on the admission of its insolvency proceedings against BYJU`s
Argus Partners successfully represented the Board of Control for Cricket in India before the National Company Law Tribunal, Bengaluru, on the admission of its insolvency proceedings against Think & Learn Private Limited, the parent company of ed-tech firm, BYJU's.
Advised Whiteboard Capital on its stake sale in Dezerv to Premji, Elevation, Matrix and Accel
Argus Partners has advised Whiteboard Capital in relation to its stake sale in Dezerv Investments Private Limited to Premji Invest, Elevation Capital, Matrix Partners (aka Z47) and Accel.
Advised Togai Inc. on its acquisition by Zuora
Argus Partners has advised Togai Inc., an event-based, real-time metering and rating infrastructure for usage-based businesses, on its acquisition by Zuora Inc., a leading monetization platform provider for recurring revenue businesses.
Advised Infinx with respect to the equity investment by KKR and Norwest Venture Partners
We are pleased to share that Argus Partners has advised Infinx group and its promoters with respect to the primary equity investment by Kohlberg Kravis Roberts (“KKR”).
Assessing Damages in Construction Contracts - Part II
This paper critiques the recent developments on damages in construction and infrastructure contracts and discusses the new threshold, which a potential claimant must be mindful of when asserting claims for delay, prolongation, loss of profits or profitability etc. arising from a breach of contract.
Protection of Dissenting Creditors under IBC
Under the Insolvency and Bankruptcy Code, 2016, a resolution plan for a corporate debtor may be approved if 66% of the creditors forming part of the committee of creditors vote in favour of such plan.
2023 was a big year for generative AI. AI - or artificial intelligence - suddenly went from being a thing of science fiction or a topic of debate among technophiles on online reddit forums, to being mainstream.
Advised His Holiness Dr Syedna Mufaddal Saifuddin in the landmark Dawoodi Bohra Community judgement
Argus Partners has successfully represented His Holiness Dr Syedna Mufaddal Saifuddin before the Bombay High Court in a case concerning the Dawoodi Bohra Community.
Advised Zeno Health on its acquisition of Tablt Pharmacy
Advised Zeno Health (Workcell Solutions Private Limited), a health-tech startup and omnichannel pharmacy platform for generic and branded medicines, on its acquisition of certain assets and liabilities, on a slump sale basis, from a Kolkata-based startup, Tablt Pharmacy.
Advised SWAMIH Investment Fund I on its investment in the Hubtown Group project 'Rising City'
Argus Partners has advised SWAMIH Investment Fund I on its investment in the residential project ‘Rising City’ being developed by the Hubtown Group in Ghatkopar, Mumbai.
Advised Dalmia Polypro Industries on securing a USD 30 million external commercial borrowing.
Argus Partners advises Dalmia Polypro Industries on raising USD 30 million external commercial borrowing from DFC for establishing a greenfield recycling facility in Maharashtra.
Argus Partners advises pharmacy start-up, Zeno Health on its $25 million Series C funding round
We are pleased to share that Argus Partners has advised Zeno Health, a health-tech startup and omnichannel pharmacy platform for generic and branded medicines, on raising $25 Million in its Series C funding round.
Argus Partners advises electric vehicle charging infrastructure startup, Exponent Energy
Argus Partners advises electric vehicle charging infrastructure startup, Exponent Energy on raising $26.4 million in a Series B round led by Eight Roads Ventures
Green Hydrogen (Series 2) - A Practical Insight Into Green Hydrogen Project Development
The green hydrogen sector has seen rampant development in recent years with the international community showing significant interest in reducing the reliance on fossil fuels and preventing harmful climate change.
Angel Tax And The (Un)Ease Of Doing Business In India
The provisions relating to angel tax in the Income Tax Act, 1961 (“IT Act”) were primarily introduced to regulate funding received by unlisted companies from angel investors and specifically, to curb money laundering and funnelling of black money into the start-up ecosystem.
The Exclusive Jurisdiction Of Courts Regarding Wills
A probate, as per the Indian Succession Act, 1925 (“Succession Act”), means a copy of a will certified under the seal of a court of competent jurisdiction with a grant of administration to the estate of the testator.
Green Hydrogen (Series 1) Framework and Developments in India
In this first part of the Green Hydrogen series, we delve into the initiatives implemented by both the central and state governments.
It is undeniable that over the last two decades or so, technology has taken a huge leap forward. This is even more true in the case of personal technology, or gadgets, that we use in our daily life for everything, from work to social interactions, consuming news, shopping, and everything in between.
Navigating Crossroads Of Ibc And Rera: Are We There Yet With Addressing Homebuyers’ Woes?
Earlier this year, the Ministry of Corporate Affairs (MCA) proposed some sweeping changes in the insolvency regime for real estate projects.
Pallavi Kanakagiri joins Argus Partners as a Partner in the PE-VC and Corporate practice
We are delighted to announce that Pallavi Kanakagiri has joined Argus Partners' Bengaluru office as a Partner (Equity) in the Private Equity/ Venture Capital and Corporate and M&A practice, effective December 2, 2024.
Aseem Dhawan joins Argus Partners as a Partner in the Banking and Finance practice
We are delighted to announce that Aseem Dhawan has joined Argus Partners' Delhi office as a Partner in the Banking and Finance practice, effective November 5, 2024.
How NSE settled its case with SEBI
The markets regulator has approved the National Stock Exchange’s (NSE) application for settling alleged violations relating to its Trading Access Point (TAP) Architecture and Network Connectivity framework. This allows it to go ahead with its initial public offering plans.
Regulating Green Hydrogen Transportation: A Constitutional Conundrum
Green Hydrogen (GH2), emerging as a pivotal sector in India's clean energy transition, offers immense potential for the nation, investors, and consumers.
Playing by the rules: Why self-regulation is best for fintechs
The Reserve Bank of India has approved the Fintech Association for Consumer Empowerment as the fintech industry’s first self-regulatory organisation (SRO-FT).
Argus Partners has relocated to a larger office space in New Delhi
We are pleased to announce that Argus Partners has relocated to a larger office space in New Delhi, now located at Max House, Tower C, 7th Floor, Okhla Phase III.
Anindya Ghosh, Ashwin Krishnan and Anantha Krishnan Iyer join Argus Partners, Bengaluru, as Partners
Anindya Ghosh (Equity Partner), Ashwin Krishnan (Partner), and Anantha Krishnan Iyer (Partner) will be joining the Bengaluru office, strengthening our Corporate and M&A, Private Equity & Venture Capital, Technology, and Media/ Entertainment practices.
Advised Henkel Adhesives India in entering into a captive renewable energy arrangement with CleanMax
Argus Partners successfully advised Henkel Adhesives India on its captive renewable energy arrangement with CleanMax, a Brookfield-backed company, aimed at accelerating its transition to carbon-neutral manufacturing processes.
Successfully represented United Hotels and Properties (HHI Group) against Vodafone Ide
Argus Partners has successfully represented United Hotels and Properties (HHI Group) in a cyber negligence case under the IT Act, 2000 against Vodafone Idea.
Exclusion Clauses In Contracts Barring a Claim for Damages
Section 73 of the Indian Contract Act, 1872, affirms the right to claim damages for loss or injury caused by a breach of contract. Before this was codified, such a right existed under common law, providing remedies for torts and contractual breaches.
Advised Conscient Sports on Real Madrid Foundation collaboration for India football program
We are pleased to announce that Argus Partners has advised Conscient Sports on their landmark collaboration with the Real Madrid Foundation to develop Real Madrid's Educational Football Program for 4,500 students in the Indian cities of New Delhi, Mumbai, Pune, and Bengaluru.
Successfully represented BCCI on the admission of its insolvency proceedings against BYJU`s
Argus Partners successfully represented the Board of Control for Cricket in India before the National Company Law Tribunal, Bengaluru, on the admission of its insolvency proceedings against Think & Learn Private Limited, the parent company of ed-tech firm, BYJU's.
Advised Whiteboard Capital on its stake sale in Dezerv to Premji, Elevation, Matrix and Accel
Argus Partners has advised Whiteboard Capital in relation to its stake sale in Dezerv Investments Private Limited to Premji Invest, Elevation Capital, Matrix Partners (aka Z47) and Accel.
Advised Togai Inc. on its acquisition by Zuora
Argus Partners has advised Togai Inc., an event-based, real-time metering and rating infrastructure for usage-based businesses, on its acquisition by Zuora Inc., a leading monetization platform provider for recurring revenue businesses.
Advised Infinx with respect to the equity investment by KKR and Norwest Venture Partners
We are pleased to share that Argus Partners has advised Infinx group and its promoters with respect to the primary equity investment by Kohlberg Kravis Roberts (“KKR”).
Assessing Damages in Construction Contracts - Part II
This paper critiques the recent developments on damages in construction and infrastructure contracts and discusses the new threshold, which a potential claimant must be mindful of when asserting claims for delay, prolongation, loss of profits or profitability etc. arising from a breach of contract.
Protection of Dissenting Creditors under IBC
Under the Insolvency and Bankruptcy Code, 2016, a resolution plan for a corporate debtor may be approved if 66% of the creditors forming part of the committee of creditors vote in favour of such plan.
2023 was a big year for generative AI. AI - or artificial intelligence - suddenly went from being a thing of science fiction or a topic of debate among technophiles on online reddit forums, to being mainstream.
Advised His Holiness Dr Syedna Mufaddal Saifuddin in the landmark Dawoodi Bohra Community judgement
Argus Partners has successfully represented His Holiness Dr Syedna Mufaddal Saifuddin before the Bombay High Court in a case concerning the Dawoodi Bohra Community.
Advised Zeno Health on its acquisition of Tablt Pharmacy
Advised Zeno Health (Workcell Solutions Private Limited), a health-tech startup and omnichannel pharmacy platform for generic and branded medicines, on its acquisition of certain assets and liabilities, on a slump sale basis, from a Kolkata-based startup, Tablt Pharmacy.
Advised SWAMIH Investment Fund I on its investment in the Hubtown Group project 'Rising City'
Argus Partners has advised SWAMIH Investment Fund I on its investment in the residential project ‘Rising City’ being developed by the Hubtown Group in Ghatkopar, Mumbai.
Advised Dalmia Polypro Industries on securing a USD 30 million external commercial borrowing.
Argus Partners advises Dalmia Polypro Industries on raising USD 30 million external commercial borrowing from DFC for establishing a greenfield recycling facility in Maharashtra.
Argus Partners advises pharmacy start-up, Zeno Health on its $25 million Series C funding round
We are pleased to share that Argus Partners has advised Zeno Health, a health-tech startup and omnichannel pharmacy platform for generic and branded medicines, on raising $25 Million in its Series C funding round.
Argus Partners advises electric vehicle charging infrastructure startup, Exponent Energy
Argus Partners advises electric vehicle charging infrastructure startup, Exponent Energy on raising $26.4 million in a Series B round led by Eight Roads Ventures
Green Hydrogen (Series 2) - A Practical Insight Into Green Hydrogen Project Development
The green hydrogen sector has seen rampant development in recent years with the international community showing significant interest in reducing the reliance on fossil fuels and preventing harmful climate change.
Angel Tax And The (Un)Ease Of Doing Business In India
The provisions relating to angel tax in the Income Tax Act, 1961 (“IT Act”) were primarily introduced to regulate funding received by unlisted companies from angel investors and specifically, to curb money laundering and funnelling of black money into the start-up ecosystem.
The Exclusive Jurisdiction Of Courts Regarding Wills
A probate, as per the Indian Succession Act, 1925 (“Succession Act”), means a copy of a will certified under the seal of a court of competent jurisdiction with a grant of administration to the estate of the testator.
Green Hydrogen (Series 1) Framework and Developments in India
In this first part of the Green Hydrogen series, we delve into the initiatives implemented by both the central and state governments.
It is undeniable that over the last two decades or so, technology has taken a huge leap forward. This is even more true in the case of personal technology, or gadgets, that we use in our daily life for everything, from work to social interactions, consuming news, shopping, and everything in between.
Navigating Crossroads Of Ibc And Rera: Are We There Yet With Addressing Homebuyers’ Woes?
Earlier this year, the Ministry of Corporate Affairs (MCA) proposed some sweeping changes in the insolvency regime for real estate projects.