Sukanya Bhattacharya

Sukanya Bhattacharya is an Associate Partner in the New Delhi office of Phoenix Legal. Her primary practice area is Mergers and Acquisitions, and her areas of practice include private equity and venture capital investments, mergers and acquisitions, and general corporate advisory including company law, foreign exchange and SEBI-related advisory.

She has advised clients in diverse sectors ranging from SaaS, fintech, ed-tech, agritech, e-commerce (B2C and B2B), manufacturing, insurance and real estate.

Her recent experience includes advising Matrix Partners on its investments in various tech-based start-ups at seed stage and senior rounds of funding, and on its exit from a lifestyle brand pursuant to its acquisition by G.O.A.T Brands PTE Limited. She has advised Exploring Infinities Edtech Private Limited (Bhanzu) on its Series A round led by Eight Roads Ventures, along with B Capital and Lightspeed Ventures, and its Series B round led by Epiq Capital.

She has also advised Iron Pillar Fund on its investment in a sound-based proximity communication and location-based services entity in its Series B2 funding round; Surge Ventures III, a rapid scale-up programme by Peak XV Partners (formerly Sequoia India), on its investment in a SaaS start-up helping e-commerce brands market and sell products through chat-based applications such as WhatsApp and Facebook Messenger; and Truescale Capital on its investment in a B2B FMCG wholesale startup.

Other matters include advising Matrix Partners, Kalaari Capital and Bharat Innovation Fund on their exit from a technology and analytical solutions company by way of 100% acquisition by a fintech company; advising Nippon Paints on its acquisition of the business of Vibgyor Paints and Chemicals by way of a slump sale; advising a German manufacturing company on transferring its assets housed in an Indian entity by way of slump sale; and advising a large US-based private equity fund on its exit from an Indian company providing storage to petroleum and petroleum products. She also advised China's largest cement manufacturer on its bid to acquire a cement manufacturing business in India.