Ratnadeep Roychowdhury

Ratnadeep has almost 20 years of experience as a commercial lawyer, having worked with leading Indian and international law firms, and as General Counsel (India) at a global private equity firm.

He brings a unique combination of transactional, in‑house and disputes expertise, and has a strong market reputation for advising on high‑value, complex and cross‑border transactions for leading private equity, sovereign wealth and strategic investors investing into India.

His practice focuses on advising sponsors and strategic clients across the entire investment lifecycle, including acquisitions, minority and control investments, platform creation, restructuring, exits and strategic litigation. Ratnadeep is experienced in leading large, multi‑layered transaction teams, and his background as a practice head and in‑house counsel enables him to deliver commercially calibrated, execution‑focused advice on high‑stakes mandates.

Relevant Experience:

Sponsor‑Side / Private Equity & Sovereign Wealth Fund Mandates

Kohlberg Kravis Roberts & Co. L.P. (KKR)on its acquisition of a majority stake and sole control of Healthcare Global Enterprises Limited (HCG), a company listed on the NSE and BSE.
Blackstone on its first investment in India in the education sector, partnering with one of the leading providers of IB curriculum in India;
Actis on its 100% stake sale of Profectus Capital Private Limited to Ugro Capital Limited, for a consideration of approximately INR 1,400 crore,
Actis on its investment in and partial exit from Pine Labs. Work done includes management of investment, advisory in relation to its reverse flip into India and participation in the OFS at IPO.
British Columbia Investment Management Corporation (BCI)on its investment of over USD 500 million in Cube InvIT, India’s largest road infrastructure investment trust, involving tax structuring, capital markets, antitrust and regulatory considerations.
GIC on a billion‑dollar hybrid debt investment into a leading Indian infrastructure group, involving deployment across multiple airports and related infrastructure assets.
National Investment and Infrastructure Fund Limited (NIIF)on the sale of 100% of its stake in its road portfolio comprising Athaang Devanahalli Tollway Private Limited, Athaang Jammu Udhampur Highway Limited and Quazigund Expressway Private Limited.
Advising Apis Partners on its investment in Xoxoday, structured through another portfolio company with a clear path to consolidation.

Platform Creation, Growth Capital & Control Transactions

Advising Actison investments in and restructuring of portfolio companies with a focus on eventual exits, including India‑focused platform and growth investments, including in relation to BigBasket, Symbiotec, AGS, KSD and SIS schools group.
Advising global private equity investors including Carlyle, Fairfax and Matrix Partnerson investments into and exits from Indian companies across sectors.
Tata Capital Private Equity on investments in Janalakshmi Financial Services, HFFC and SAI Life Sciences.

Strategic, Cross‑Border and Complex M&A

Asian Paints (International) Limitedon its overseas acquisition of Kadisco Chemical Industry Plc, a leading Ethiopia‑based paints manufacturer.
Omega TC Holdings Pte. Ltd.on its significant minority investment in Varroc Group, valuing the company at approximately USD 1 billion.
Future Group’s sale of the Pantaloons business to the Aditya Birla Group.
Sale of 10 Wockhardt Hospitals to Fortis Healthcare and associated pay down of debt obligations and associated security structures.
Tata Technologies Limitedon its acquisition of Cambric Corporation (USA).
Future Consumer Enterprises Limitedon its acquisition of 97% stake in The Nilgiri Dairy Farm Pvt. Ltd. from its shareholders.

High‑Value Disputes, Arbitrations and Special Situations

Leading the team advising Tata Sons and Tata Teleservices Limitedin their international arbitration with NTT Docomo Inc., including the final settlement involving approximately USD 1.2 billion, spanning multiple jurisdictions and enforcement proceedings in India, the UK and the USA.
Project management of a multi‑jurisdictional litigationrelating to Actis’ investment in Supermax, involving over 19 proceedings across courts and arbitral forums in India and overseas.
Representation in arbitrations before major international institutions including LCIA, ICC, SIAC and AAA, and before the Supreme Court of India, various High Courts and arbitral tribunals.