Prashanth Ramdas is a Partner in the Banking and Finance and FinTech practice groups in the Bengaluru office. He advises on all types of financing matters (including domestic and cross-border finance, real estate finance, acquisition finance, external commercial borrowings, private credit and trade finance).
With around 10 years of experience, Prashanth also actively advises clients in the FinTech sector, including providing strategic and regulatory advice on India entry, obtaining regulatory licenses / approvals, liaising with regulators, and analysing new FinTech product structures and operational processes from a financial regulatory and compliance perspective.
Advised in connection with various acquisition finance deals to facilitate the acquisition of Sage Metals, Trident Components and JayCo Manufacturing Group
Advised on forming a consortium with major banks, ecommerce and payment companies for making an application to Reserve Bank of India to obtain the new umbrella entity (NUE) license for operating a retail payment system in India
Provided financial regulatory advice in connection with its acquisition of Finablr Group, including obtaining approvals for change of control and obtaining licensing as a payment aggregator
Advised on various debt investments in the real estate sector including financing availed by Mantri, Puravankara, Adarsh, Salarpuria, Century, Sai Srushti, Odion and Gulam Mustafa groups
Advised on their investment in KrazyBee / KreditBee including diligence of business models and related regulatory matters
Advised on its acquisition of Wirecard India as well as on various cross-border product structuring related aspects, including in relation to Banking as a Service (BaaS) products.
Advised on several real estate finance matters, including funding availed by Adarsh, Mantri and Skylark groups
Advised on their investment in Open Financial Technologies and related advice on financial regulatory issues
Provided borrower-side representation on a plethora of debt financing deals including those arranged by Bain Capital, Tor Investment Management, Värde Partners, Kotak Investment Advisors and Indiabulls Group.
