Author: Nitin Jain The divergent responses of gaming platform founders to recent policy developments highlight an important truth: legal challenges are not always about who is right, but about whether the fight is worth it. This principle extends far beyond gaming into every sector experiencing regulatory flux. When faced with adverse government action, business founders... Continue Reading →
Anchor Bets, Exit Jitters: What FPI Signals Mean for Pre-IPO Deal Structuring
Author: Archana Balasubramanian Foreign Portfolio Investors (FPIs) appear to be sending mixed signals to Indian markets: while secondary market withdrawals crossed INR 25,000 crore recently, anchor investment in IPOs has risen sharply, with over INR 26,000 crore deployed in recent months. This apparent contradiction reveals a sophisticated investment strategy that transcends simple market sentiment. FPIs... Continue Reading →
How MoA Language Affects Investor Due Diligence
By Archana Balasubramanian A mid-growth SaaS company, fresh off their first term sheet for a ₹40 crore infusion, found themselves in a surprising delay. Everything was aligned: due diligence done, traction numbers strong, founder chemistry perfect. Then the investor’s compliance team flagged one line in the Memorandum of Association (MOA). The company, focused on AI-led... Continue Reading →
What You Don’t Realise When Converting an LLP to Private Limited Before a Strategic Sale
By Archana Balasubramanian For many founders and mid-sized business owners in India, converting a Limited Liability Partnership (LLP) into a private limited company feels like a rite of passage before entering M&A conversations. It signals growth, investor readiness, and corporate hygiene. But such transitions trigger chain reactions across compliance lifecycles, future relationships forged and taxation.... Continue Reading →
When Integration Isn’t Alignment: Lessons from Mid-Stage M&A in India
By Archana Balasubramanian - Partner, Agama Law Associates In the last decade, India’s mid-market M&A landscape has evolved into a dynamic space with distinct commercial and regulatory contours.. Transactions in the $10-100m range now carry a strategic importance beyond deal value - and their success often hinges on whether post-closing integration aligns with the legal... Continue Reading →
ESG in the Digital Era: Corporate Compliance and Sustainable Business Practices
The rise of digital industries such as fintech and e-commerce has reshaped the global business landscape, requiring companies to integrate Environmental, Social, and Governance (ESG) principles into their operations. As companies face increasing pressure to demonstrate sustainability, the digital era introduces both opportunities and challenges in meeting ESG requirements. With this dynamic shift, businesses must... Continue Reading →

