Nitin is a seasoned professional and has a diverse experience. With around 15 years of legal experience, Nitin’s focusareas include:
- Mergers and acquisitions
- Joint ventures
- Private equity and venture capital deals
- Foreign investment
- General corporate and commercial matters
In his legal experience of around 14 years, Nitin has structured, negotiated, and drafted a wide range of private equity, venture capital and M&A transactions for foreign and domestic clients across the sectors such as fast-moving consumer goods, e-commerce, projects and infrastructure, real estate, fintech, technology, logistics, etc.
Nitin has been ranked as ALB India’s Rising Stars 2022 by Asian Legal Business. Further, Nitin has been awarded with India’s Future Legal Leaders award by India Business Law Journal for the year 2023. For the year 2023 and 2024, Nitin has been recognized as ‘Highly Regarded’ for Corporate and M&A, Private Equity by IFLR 1000.
Some of the notables deals on which Nitin has worked on are:
- Advised Everest Blowers Private Limited in relation to sale of 100% stake to Ingersoll Rand, a company listed on NYSE. The deal value was approximately INR 700 crores.
- Advised Maxbyte Technologies Private Limited in relation to sale of 100% stake to Zydus Wellness Rand, a company listed on NSE. The deal value was approximately INR 390 crores.
- Advised Shriram Pistons & Rings Limited in relation to acquisition of 100% stake of TGPEL Precision Engineering Limited, a company listed on NSE. The deal value was approximately INR 225 crores.
- Advised Medgenome Inc in making a strategic investment of ~ INR 180 crores in Gen X Diagnostics. The deal involves subsequent acquisition of 100% stake over a period of 4 years based on EBITDA multiples.
- Advised Medgenome Inc in making a strategic investment in Prognosis Laboratories. The deal involves subsequent acquisition of 100% stake over a period of 4 years based on EBITDA multiples.
- Advised Volt Money, a leading platform for instant secured loans against mutual funds, in relation to securing strategic investment of approximately ~ INR 40 crores from DSP Group. The deal involves subsequent acquisition of 100% stake over a period of time. The deal value is approximately INR 120 crores.
- Advised BorderPlus, cross-border workforce mobility platform in securing INR 80 crores million in a funding round led by Owl Ventures.
- Advised Light Speed and Peak XV (formerly known as Sequoia Capital) in relation to their investment in CredAvenue. The deal value was approximately INR 800 crores.
- Advised Peak XV (formerly known as Sequoia Capital) in relation to its investment in Finova Capital Private Limited, a leading non-banking financial company. The deal value was approximately INR 260 crores. The deal includes primary investment and secondary purchase of shares from certain existing investors.
- Advised, Ayekart, an agrifood fintech platform in raising foreign investment of INR 60 crores in a round led by Omnivore, Siana Capital, and Unleash Capital Partners. The deal includes primary investment and secondary purchase of shares from certain existing investors.