Partner | Corporate and Commercial, Mergers and Acquisitions, Private Equity
- T: +91 22 6636 5000
- E: Write to me
education
- B.B.A. LL.B., Symbiosis International University, Pune (2010) (Distinction)
Ashraya Rao is a Partner in the Corporate, M&A and Private Equity Practice Group in the Mumbai office. Ashraya is dual-qualified in India (Advocate) and England & Wales (Solicitor of Senior Courts).
Ashraya has advised several clients on private and public M&As, cross border M&As, private equity, corporate restructurings, insolvency M&A, strategic alliances/JVs and advisory on all aspects of Indian corporate, securities and foreign investment laws.
Ashraya has been recognised as a ‘Notable Practitioner for M&A’ by IFLR (consistently from 2018 to 2022) and ‘Recommended for M&A’ by RSG (India Report 2019) and Legal500 (2023).
Ashraya has also worked with Slaughter and May, London as a ‘visiting lawyer’ from September 2015 to March 2016, where he was involved in cross-border M&A and private equity transactions.
Professional Affiliations
- Bar Council of Maharashtra & Goa, India
- Law Society of England & Wales (Solicitor of Senior Courts)
Recognition and Accomplishments
Ashraya has been acknowledged for his experience and expertise by:
• RSG as ‘Recommended for M&A’ (2019)
• IFLR 1000 as a Notable Practitioner for M&A (consistently from 2018 to 2022)
• Legal500 as ‘Key lawyer for M&A’ (2023)
Representative Matters
Ashraya Rao has represented and advised the following clients
Poonawalla group
Advised on sale of its entire stake in Poonawalla Housing Finance to TPG Capital consortium
Apis Partners
Advised Apis Partners on its minority investments in D2C Consulting Services Pvt Ltd (RenewBuy) and Whizdm Innovations Private Limited (Moneyview)
Kedaara Capital
Advised on its minority investment in Avanse Financial Services Ltd
Sajjan India and its promoters
Advised on their sale of controlling stake to CVC Capital
Inox Leisure Ltd and its promotors
Advised on the proposed merger with PVR Ltd
Goldman Sachs Asset Management
Advised Goldman Sachs Asset Management on its minority investment in MoEngage Inc
Blackstone Group
Advised Blackstone Group on its acquisition of controlling stake in Simplilearn Solutions Pvt Ltd
RPSG Ventures Limited & RP-Sanjiv Goenka Group
Advised on its successful bid for new Indian Premier League Franchise of Lucknow (Lucknow Super Giants) and new South Africa 20 Franchise of Durban (Durban Super Giants)
Tata Motors Group
Advised Tata Motors on the INR 7,500 Cr investment by TPG Rise Climate in Tata Passenger Electric Mobility
EdgeConneX, Inc and EQT
Advised EdgeConneX, Inc and EQT on EdgeConneX’s joint venture with Adani Enterprises Limited for data centers in India
NUVOCO Vistas Corporation Limited
Advised NUVOCO Vistas Corporation Limited (Nirma group) on (i) its acquisition of 100% stake in Emami Cement Limited; and (ii) the debt investment by Kotak Special Situations Fund
Gangavaram Port Limited and DVS Raju family (promoters)
Advised on their strategic divestment of stake to Adani Ports & SEZ Ltd
Publications
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