Manita has over 13 years’ experience in corporate commercial and general corporate transactions and advisory, including domestic and cross-border mergers and acquisitions, joint ventures, strategic M&A, private equity and venture capital, with special emphasis on public M&A.

She has also advised on various capital markets matters, including IPOs, QIPs, OFSs, FCCB issuance and restructuring, IDR buy-back and delisting.

Manita has worked across various sectors, including oil & gas, renewable energy, retail, manufacturing, TMT, pharmaceuticals and infrastructure.

She also advises Indian listed companies on corporate governance issues, ESG, compliance with listing requirements and other corporate matters.

Select Experience Statement

• Reliance Retail Ventures Limited on acquisition of a controlling stake and buy-out of majority shares of Purple Panda (Clovia) from the Founders and existing investors.
• Norwest Venture Partners, a 12.5 billion private equity fund, on its investments (including follow-on investments) in Finova Capital, Early Salary, SILA Solutions, Mintifi, Busybees Logistics and Duroflex.
• Citi Ventures on its investment in Lentra AI Private Limited.
• One97 Communications Limited (Paytm) on the buy-back of its shares from open market.
• International Finance Corporation on sale of its stake in Lithium Urban Technologies.
• Imerys Group on its sale of from various companies in the high temperature solutions segment (including Calderys India Refractories Limited and Imerys Steelcasting India Limited), to Platinum Equity Group.
• Far and Wide Production and Distribution Private Limited on acquisition of all the securities held by Ambit Pragma Fund II (Seller) in Prime Focus Technologies Limited.
• Bluecloud Services Private Limited and Bluecloud Services, Inc on the Indian restructuring and related aspects w.r.t. sale of controlling stake to Hudson Hill Capital Management.
• Promoters of MMS Group (including MMSH Clinical Research (India)) on sale of stake to Lindsay Goldberg group.
• Colgate Palmolive on its investments in Bombay Shaving Company.

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

Professional Memberships

• Bar Council of Gujarat

Education

• B.Com. LL.B. (Hons), Gujarat National Law University, Gandhinagar