Email address
[email protected]Contact number
+91 (22) 4072 9900Share profile
Band 1
Band 1
About
Provided by Ashwath Rau
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
Chambers Review
Asia-Pacific
Ashwath Rau is a senior partner at AZB & Partners and is based in its Mumbai office. He is entrusted by leading global private equity houses to handle complex investments.
Ashwath Rau oversees a large body of work that covers M&A and investments from his Mumbai base. He is a well-known figure in the market, regularly acting on high-profile transactions in the technology, banking and cement sectors.
Strengths
Provided by Chambers
"He is a very good legal professional with tonnes of knowledge and expertise."
"He is a very strong legal personality with the right attitude and problem-solving mindset. His legal acumen is very appreciated and accessibility is another plus."
"Ashwath Rau is a very strong legal personality with the right attitude and problem-solving mindset. His legal acumen is very appreciated and accessibility is another plus."
"Ashwath is very able, has a great presence and good business sense. He gives us confidence."
"He is a very good legal professional with tonnes of knowledge and expertise."
"He is a very strong legal personality with the right attitude and problem-solving mindset. His legal acumen is very appreciated and accessibility is another plus."
"Ashwath Rau is a very strong legal personality with the right attitude and problem-solving mindset. His legal acumen is very appreciated and accessibility is another plus."
"Ashwath is very able, has a great presence and good business sense. He gives us confidence."