Practice areas
M&A; private equity, venture capital & funds
Introduction
Bharat Anand is highly regarded in the Indian market for his long-standing experience and immense expertise in advising Indian and foreign clients on M&A and private equity, as well as venture capital transactions spanning a wide range of sectors.
Bharat is head of Khaitan & Co’s New Delhi office. He co-leads the firm’s PE practice and has extensive global experience across a wide range of areas including M&A, joint ventures and PE / VC transactions.
As a strategic adviser to many prominent Indian promoters, MNCs and financial sponsors, Bharat has spearheaded complex M&A transactions, investments by funds and sensitive corporate governance cases in India.
He has led several marquee transactions such as ReNew Power’s SPAC, Aakash Education’s sale to Byju’s, Manipal Hospitals’ acquisition of Columbia Asia’s portfolio of hospital sites in India and the buyout of Kolkata headquartered, Amri Hospitals.
On the financial sponsor side, he advised Everstone on its sale of a significant majority stake in Sahyadri Hospitals Group to the Ontario Teachers’ Pension Plan Board. Bharat has also advised on the resolution between VC investors, lenders and a trade buyer for the solvent business of GoMechanic amid findings of accounting irregularities by prospective investors and regulatory investigations, one of the unique resolutions of a distressed asset in the digital space in India outside formal insolvency. He has also acted as the adviser to Softbank on several investments and exits in India, GTI Capital in its investment in SAMHI Hotels, Euler Motors in its fundraising from GIC Singapore as the lead investor, Lightspeed Venture and Kalaari Capital on its investment in Healthplix, and Clove Dental on primary investments by Investcorp and Tyborne.
As a recognised thought leader, Bharat plays an active role in shaping key policy matters by closely working with leading industry associations in India. He is a part of the National Executive Committee of the Federation of Indian Chambers of Commerce and Industry, and part of the Delhi Chapter of the Young Presidents Organisation.
A dual qualified lawyer (in India and England and Wales), Bharat read law at Jesus College, Cambridge, as a Cambridge Commonwealth Scholar and is an alumnus of St Columba’s School. He is ranked as a “band 1 lawyer” for M&A work in Delhi Chambers Asia Pacific (2018).
