Basava is a Partner in the M&A, Private Equity, JV, Corporate and Commercial and Restructuring Practice. He has almost two decades of experience.
He has advised PE and VC funds as well as entrepreneurs, on a wide range of corporate and commercial law matters. His experience spans diverse sectors, including aviation, manufacturing, fin-tech, insurance, IT/ITES, rural credit, agri-tech, e-commerce, and pharmaceuticals. He has structured innovative financing models and next generation lending frameworks leveraging technology and has a granular understanding of financial services.
Further, two M&A transactions led by him in the year 2023 (Kotak Mahindra's acquisition of Sonata Finance; and Exit of Everstone Capital from Servion Global Solutions) have featured in the list of most significant M&A transactions which have had a positive impact on the Indian market, in a study conducted by Indian Business Law Journal.
Education
- B.A., LL.B. (Hons.), Hidayatullah National Law University (2008)
Expertise
Awards
- Recognised as a 'Recommended Lawyer' in Corporate and M&A practice areas, by the Lega1 - 500 APAC Rankings, 2024
Work Highlights
- Led one of the significant transactions in the cement manufacturing sector - the acquisition of Penna Cements by Ambuja Cements for USD 1.3 billion – representing all stakeholders of Penna Cements.
- Led the investment by United Company RUSAL into Pioneer Aluminium which is a significant step in the Russian strategy of ‘looking towards India’.
- Advised Nuveen on its investment into a SME focussed lending entity Kinara Capital and Ecozen on its investment into a company providing agricultural infrastructure for produce storage and irrigation.
- Advised all existing stakeholders of Sonata Microfinance on acquisition by Kotak Mahindra.
- Advised GIC Singapore in its investment into Skyroot Aerospace known for launching India’s first privately developed rocket.
- Advised Carlyle Aviation in their investment in Spicejet.
- Advised Nuveen, Teachers Insurance and Annuity Association of America in its entry into their financial services sector.
- Advised Steadview Capital in their investments in Atomberg and Indmoney.
- Advised Westbridge Capital in their investment into Property Share and TSS Consultancy.
- Advised Everstone Capital in their exit from Servion Global Solutions and Acqueon Technologies.
- Further, he has advised multiple private equity investors, Micheal Susan and Dell Foundation, Proparco (French DEI), Triodos Investments (Dutch DFI), Caspian Investments, Accel Partners, Elevar Equity, IDG Ventures, Kalaari Capital, and others on their various investments.