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Sumit Sinha

Partner
New Delhi

Sumit Sinha is a Partner in the Firm's General Corporate, M&A, Private Equity and Venture Capital practice and operates out of the firm’s New Delhi office. He has 17 years of experience. His areas of practice include mergers and acquisitions, joint ventures, private equity and venture capital transactions, corporate restructuring and reorganizations, corporate investigations, white collar crimes and general corporate and commercial transactions. Sumit has been advising domestic and international clients, including private equity funds, venture capital funds, banks and financial institutions and businesses across a range of sectors.

He has significant transactional experience and has been actively involved in some large M&A and private equity deals. He has been appreciated by clients for his hands-on approach and for providing solution-oriented sound legal advice. Sumit has also handled complex investigations involving corporate frauds and regulatory issues.

Sumit has previously worked with Trilegal, Shardul Amarchand Mangaldas (erstwhile Amarchand Mangaldas), J Sagar Associates and DMD Advocates. He completed his B.S.L. LL.B. from Symbiosis Law College, Pune, in 2006. He has featured in the Forbes India Legal Powerlist 2022 as one of the “Top 100 Individual Lawyers” (Above 10 Years Experience) and recognized as amongst “India’s Future Legal Leaders” by India Business Law Journal in 2020.

  • Advised Matrix Partners in multiple investments/follow-ons across various B2B, B2C, SAAS and other e-commerce platforms ranging from early stage (seed series) to series B funding rounds. The scope of work typically includes undertaking a due diligence of the investee company, drafting and negotiating the transaction documents and execution and closing related assistance.
  • Advised Advised Sequoia Capital (now Peak XV Partners) in multiple investments/follow-ons across various e-commerce and artificial intelligence companies ranging from early stage (seed series) to series C funding rounds. The scope of work typically includes undertaking a due diligence of the investee company, drafting and negotiating the transaction documents and execution and closing related assistance.
  • Advised Matrix Partners, Kalaari Capital and Bharat Innovation Fund in relation to their 100% exit from an investee company involved in the business of providing technology and analytical solutions for the purpose of prospecting, credit underwriting, risk management, customer management and delinquency management, customer verification services etc.
  • Advised Matrix Partners in relation to its rights in a strategic partnership being entered into by the investee company.
  • Advised a fund advisory company which manages two agri-focussed funds engaged in investing in the agriculture sector in India on various aspects of Indian laws.
  • Advised a fund advisory company which manages two agri-focussed funds engaged in investing in the agriculture sector in India on various aspects of Indian laws.
  • Advised JP Morgan in relation to the exercise of put option and its exit from BPTP Limited.
  • Advised Goldman Sachs in connection with (i) its USD 25 million investment in Bharti Infratel, the passive infrastructure holding company of the Bharti Airtel Group; and (ii) in the sale of the FCCBs of SpiceJet Limited held by it to WL Ross.
  • Advised Au Financiers, in the sale of a majority stake in its wholly owned subsidiary (Au Housing Finance Limited) engaged in housing finance business, to Kedaara Capital and Partners Group.
  • Advised Taparia Family Office (erstwhile owners of Famy Care Limited), in relation to their acquisition of a majority stake in the Guardian pharmacy chain from Samara Capital.
  • Advised Everstone Capital in relation to a private equity investment in (i) Ozone Overseas Limited; and (ii) Crystal Crop Protection Private Limited. The scope of work included due diligence on the companies, drafting of the transaction documents, participation in negotiations with the counter parties and overseeing the closing of the transactions.
  • Advised Madison India Capital in relation to the restructuring of its private equity investment in an Indian company engaged in broadband and access network services.
  • Advised Lightspeed in relation to partial exit from a leading Indian technology startup in travel and hospitality sector.
  • Advised a Singapore based technology solutions company (which owns a digital lending venture in India) and its founder in relation to its Series B investment. The scope of work included undertaking a vendor due diligence of the Indian subsidiaries and drafting and negotiating transaction documents.
  • Advised Escorts Limited, in one of the most prominent transactions of 2021, in relation to a strategic investment by Kubota Corporation, Japan of US$1.26 billion for acquisition of control to become a joint promoter along with the existing promoters in Escorts Limited.
  • Advised MonotaRO Co. Ltd., Japan’s largest industrial products e-commerce supplier, in acquiring majority shareholding in IB MonotaRO, a new company to which Emtex’s B2B e-commerce business (www.industrybuying.com) was transferred. Also, assisted in conducting due diligence in relation to the joint venture with Emtex’s SME business in India.
  • Advised Greaves Cotton Limited , a listed Indian company, in acquiring a majority stake in an electric vehicle manufacturing company. The scope of work included undertaking due diligence, drafting and negotiation of transaction documents.
  • Advised Vipul Medcorp Insurance TPA Private Limited (engaged in the business of acting as third party administrator), Vipul Medcare Private Limited (engaged in the business of healthcare support services) and their promoters, in relation to the sale of the entire shareholding of these entities to Vidal Health Insurance TPA Private Limited and Vidal Healthcare Services Private Limited.
  • Advised Telenor, a Norway based telecom company in relation to (i) the acquisition of 67.25% stake in UASL business of the Unitech group; (ii) the settlement of the shareholders’ and other disputes with the Unitech group its joint venture partner in Unitech Wireless Tamilnadu Private Limited (Uninor); and (iii)negotiating and finalizing a deal with a new Indian partner to carry on the business of providing tele-communication services in India pursuant to the failure of its joint venture with Unitech group.
  • Advised Aircel Limited, in relation to the sale of 4G spectrum to Bharati Airtel Limited.
  • Advised FedEx in relation to the acquisition of the transportation, warehousing and express delivery undertakings of AFL Private Limited and the transportation and warehousing undertaking of Unifreight India Private Limited (a company owned by the promoters of AFL Private Limited). The scope of work included legal due diligence of the businesses, negotiations with the counter parties, drafting of the business transfer agreement and the ancillary documents and closing of the transaction.
  • Advised the investment managers of AdvantEdge (an early-stage venture capital fund) in setting up a Category II AIF. The scope of work included structuring advise, drafting of documentation and assistance in relation to obtaining registration with SEBI.
  • Advised GE Healthcare, in the consolidation of its healthcare businesses in India. The scope of work included advising on company law and regulatory issues arising out of foreign exchange management laws as well as the structuring and documentation of the consolidation process.
  • Advised a public sector undertaking engaged in development of city gas distribution networks in India in relation to a potential acquisition of 100% equity shares of a renewable energy company in India owning and operating wind assets. The scope of work included undertaking a legal due diligence and advising the client on potential issues relating to the acquisition of shares.
  • Advised a global pharmaceutical company in relation to an investigation undertaken on its Indian subsidiary with respect to various FDA non-compliances including preparation of investigation plan, review of documents, conducting interviews of key management personnel, undertaking site visit and preparing a detailed investigation report submitted to the parent company.
  • Conducted an investigation, from an ethics and integrity standpoint, on a leading Indian technology startup in travel and hospitality sector. The investigation was conducted pursuant to an anonymous whistle-blower complaint against the company raising issues regarding the manner in which certain business activities/practices were conducted by the company. The investigation process involved extensive document review, analysis of forensic experts’ reviews, interview of key management personnel of the company and submission of investigation report.
  • Conducted an investigation, from a criminal law and contractual obligations’ standpoint, of an ex-employee of a fund advisory company. The investigation process involved extensive document review, analysis of forensic experts' reviews, interview of key management personnel of the company and submission of investigation report.