Ekta Gupta is a Corporate, M&A and PE Partner at Shardul Amarchand Mangaldas & Co. and has been with the firm since 2007.

Ekta regularly advises large private equity funds, public and private companies, sovereign wealth funds, MNCs, strategic corporate clients and Indian conglomerates on a wide variety of their complex cross-border PE and M&A transactions. Ekta’s diverse practice includes representing clients in acquisitions, dispositions, minority and strategic investments and advising on full range of their operations and activities across a range of sectors in India.

In the e-commerce and retail space, Ekta has formidable experience and is regarded a sectoral expert. In this space, she has led over 100 acquisitions and investments for marquee clients exceeding several billion dollars, including Walmart’s acquisition of Flipkart, which is largest e-commerce acquisition in the world. In addition to investments and acquisitions, Ekta regularly advises various e-commerce and retail players, as well other digital platforms in India on various strategic business aspects, including Flipkart, Paytm, Zepto, Cars24, Groww, Meesho and Shoppers Stop.

Ekta has received multiple recognitions and accolades from several international legal publications for her stellar credentials displayed in the corporate, Mergers & Acquisitions and Private Equity domain.

Ekta has been ‘Notable Practitioner’ for Corporate M&A, Private Equity by asialaw Profiles consistently for the last 4 years 2022-25. She has been recognised  as a ‘Recommended Practitioner’ for Corporate Governance by Who’s Who Legal, 2024 & 2025. Ekta is also recognised as a Gennext Leading Lawyer in  the Legal Era Rankings, 2024. She is amongst the Top 100 Individual Lawyers of the Forbes, Legal Powerlist India, 2021-22. She is one of the Top 40 Under 40 lawyers, recognised by BW Legal World. Ekta is amongst one of the four Indian lawyers to be ranked amongst Top 25 lawyers globally by Mergermarket Individual Global League Table, 2020. She has been ranked by Mergermarket as the: (a) 5^th most hard working lawyer in Asia in 2019, and (b) 11^th most hard working lawyer in Asia in 2017, based on deal volume.

Select Experience Statement

• Wal-Mart, on its acquisition of Flipkart for US$ 16 billion, making it the largest e commerce acquisition globally. This deal was among:
  • M&A Deal of the Year’ by Asian Legal Business Awards 2019.
  • ‘Winning Deals’ by Asian-Mena Counsel Deal of the Year 2018.
  • IBLJ Deals of the Year, 2018.
• Flipkart, on its:
  • USD 3 billion investment from CPPIB, Softbank and GIC’s investment as the lead investors, along with several other minority investors.
  • USD 350 million investment from Google.
  • USD 200 million investment in Aditya Birla Fashion and Retail Limited.
  • USD 1.2 billion fund raise from various investors in 2022.
  • USD 90 million investment in SastaSundar, online pharmacy business.

A detailed experience statement can be shared on a confidential basis.

Professional Memberships

• Bar Council of Delhi

Education

• B.B.A, LL.B, (Hons.) National Law University, Jodhpur