Algo Legal Strengthens its Commitment to Mumbai Office

Algo Legal is pleased to announce the appointment of two new partners, Abhinav Bhalaik and Richie Sancheti who join the firm’s investment practice in their Mumbai office. Richie and Abhinav have over a decade of experience in fund formation and M&A practice respectively. With the additions of Richie and Abhinav, Algo will now firmly establish its services across the entire spectrum of the investment space – from fund formation to large scale private equity and public market transactions.

Prior to joining Algo Legal, Richie was heading the investment fund practice at a leading firm and has represented some of the largest and best-known fund sponsors on a wide range of matters in the investment funds sphere. His experiences in acting as fund formations counsel and relationship with key intermediaries give him an awareness of all significant investor, regulatory and other developments in the Indian funds industry.

‘I am happy to be joining the team at Algo Legal. Algo has been focused on providing integrated, innovative, and bespoke legal solutions in the investment space and I am excited to be at the forefront of an impending transformation in the legal industry. 

"Having worked as a fund formation lawyer for over 13 years advising sponsors of investment funds across a variety of investment strategies and helping clients structure their capital raise exercises. I now look forward to building a strong investment funds practice with the firm and being the go-to legal partners for funds and dynamic investment allocation strategies." said Richie Sancheti, Partner, Algo Legal 

Joining the firm’s corporate and transaction practice, Abhinav brings a wealth of experience and expertise with him. He is a Mergers & Acquisitions, Private Equity and Securities Law attorney with over a decade of post-qualification experience, and has advised on some of the most complex domestic and cross -border transactions.

"I am very excited to join the Algo family. I look forward to working with everyone at Algo to further strengthen the corporate, mergers & acquisitions and private equity practice of the firm, along with a strong focus on client servicing, technology and innovation." said Abhinav Bhalaik, Partner, Algo Legal

"The time is ripe for a transformation to unfold in terms of legal offerings in the investment market; one which is steered by innovative practices. This is a great milepost for the firm as it reaffirms the confidence of leading industry specialists in Algo’s mission; we have identified our potential future leaders and will strive to keep perfecting our delivery model of solving multiple problems through well-integrated platforms. Richie and Abhinav bring with them diverse expertise in the funds practice and vast knowledge of dealing with complex domestic and cross-border investments and acquisitions and with them coming on-board our goal to provide end-to-end investment offerings is accomplished" said Sandeep Kapoor, Founder and Managing Partner, Algo Legal 

Just a few months ago, Algo had onboarded Ankit Guha as a partner in the Bangalore office with a focus on venture capital and private equity work. “I have had the good fortune to know both Richie and Abhinav over the years and I am delighted that they will be joining the leadership at Algo. Along with the traction that the firm has seen in just 1 year, the fact that young, dynamic and leading practitioners such as Richie & Abhinav joining us is a great testament to the kind of impact Algo has had in the VC & PE space.

I am very excited for the dimensions they will add to the firm and look forward to propelling the firm upwards along with Richie, Abhinav and Sandeep,” said Ankit Guha, Partner, Algo Legal. 

A year into its operations, Algo has also been recognized by the Financial Times Innovative Lawyers Asia Pacific Special Report 2020 for its Legal Strategy and focus on innovation and technology.

The firm had recently on-boarded Namitha Mathews to expand their offerings to cover dispute resolution, and, with the two new incoming partners, the firm will further strengthen its investment-focused offerings with their diverse experience in handling complex transactions, acquisitions and joint ventures.

With these appointments, the total number of partners in the firm is 8; in Delhi, Mumbai and Bengaluru and reflects the expansion taking place across the country.