IFLR 1000
The Guide to the World's Leading Financial Law Firms

Wadia Ghandy & Company has maintained its prestigious ranking in the banking space and is strongly praised by peers: "Wadia & Ghandy is a reputable firm and their banking practice is superb. Their record in this year in the banking space has been impressive. Ashish Ahuja is a widely respected practitioner with great expertise in this space." Another peer agrees, "Wadia & Ghandy is one of the top banking firms in India. Its reputation excels in the market."

A banking client also praises the firm, "Working with Wadia & Ghandy is very comforting. Their lawyers, though quite conservative, take a very balanced viewpoint and they are always on the side of clients. They give their clients great confidence."

Wadia Ghandy's private equity practice moves up one tier this year due to strong recommendations from peers and clients. A peer says, "Wadia Ghandy is a reputable firm. It has a very good private equity practice, which is recognised by the market. They tend to be very law focused and have expertise acting in heavily regulated sectors such as banking and insurance. When it comes to M&A and private equity in these areas Wadia Ghandy is definitely one of the market leaders." Another peer agrees, "Wadia Ghandy has a great private equity practice. Their service and expertise is top tier for no doubt."

Radhika Bhatt, previously an associate at Freshfields Bruckhaus Deringer, was recently hired as partner, her expertise lies in fund formation, which further expands Wadia Ghandy's private equity practice.

An international private equity investor client singles out Ankit Majmudar: "We've worked with Wadia Ghandy and Ankit Majmudar is our lawyer there. He is excellent. He frequently works night and day to do deals for us. He seems to have relentless enthusiasm and pace. He's also very commercial, which is much appreciated. He's excellent, and gives great confidence to his clients." A peer agrees, "Majmudar is a hard negotiator but very fair. It's hard to find practitioners with such professionalism."

Deals
Ankit Majumdar last year advised General Atlantic on its $104 million investment in logistics solutions company Fourcee. Part of the equity stakes were obtained from Mayfield fund, the previous investor into the company.

Ashish Ahuja has led another deal advising information technology services company iGate Corp in its Re15 billion ($271 million) voluntary delisting of its Mumbai-based unit Patni computer systems. iGate acquired 83% of Patni computer systems shares last year, which was regarded as one of the largest transactions in the IT space in India to date.