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The A-List: India’s Top 100 Lawyers 2021

Ashwath Rau, AZB & Partners

Ashwath Rau

AZB & Partners

Tel: +91 98 2005 8533
Email: ashwath.rau@azbpartners.com

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Practice areas

Corporate governance; joint ventures; mergers & acquisitions; private equity; venture capital & funds


Ashwath Rau is a senior partner of AZB and a member of its management committee with over 22 years of experience. He is recognised globally by Chambers and Partners, IFLR1000, ALB, Asialaw, India Business Law Journal and Who’s Who Legal as a leading M&A, private equity and funds practitioner in India. Chambers has consistently rated him in Band 1 for both Corporate/M&A and private equity.

His recent recognition includes “Lawyer of the Year – M&A” by IFLR1000, one of the “Top 15 M&A Lawyers in India” by ALB and “Dealmaker of the Year” by ALB India Law Awards (all for 2021). He was ranked No. 1 by deal volume for India in the Mergermarket Individual League Tables (2019), ranked No. 2 by deal count globally in the Mergermarket Individual League Tables (2020) and ranked No. 1 of the Top 100 Corporate Deal Makers of the Year in The Legal 50 published by Legally India (2018-19). Notably, the Economic Times in 2016 recognised Ashwath as one of India’s top 40 business leaders and hailed him as an “M&A lawyer par excellence”. He also made it to the Asian Legal Business (Thomson Reuters) 2016 list of 40 under 40 top lawyers in Asia.

Recent deals that he led work on: (a) USD4.7 billion sale by Visa of its stake in BillDesk to PayU (2021) (the largest deal in India’s booming Fintech sector); (b) USD2.5 billion investment by Total SA in Adani Green Energy (2021); (c) USD20.6 billion investment by 13 globally reputed strategic and financial investors in Jio Platforms Ltd in India’s largest FDI yet (2020); and (d) USD1.5 billion first successful hostile bid in India by Larsen & Toubro to acquire a controlling stake in Mindtree Ltd, a listed IT services/consulting company (2019).

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