Shardul Amarchand Mangaldas & Co. advised Flipkart Group on its reverse flip from Singapore to India
The India’s leading law firm Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to the Flipkart Group in connection with its strategic re-domiciliation from Singapore to India through a complex cross-border merger.
The transaction involved an internal group restructuring pursuant to which multiple Singapore-incorporated holding entities of the Flipkart Group were merged with and into Flipkart Internet Private Limited, the group’s Indian entity, through a scheme of arrangement approved by the National Company Law Tribunal (NCLT) and relevant authorities in Singapore.
This reverse flip represents one of the largest and most complex re-domiciliation transactions in India’s corporate landscape. The transaction was executed through a two-step inbound cross-border merger, requiring parallel regulatory approvals and coordination across multiple jurisdictions.
The SAM transaction team was led by Raghubir Menon (Regional Practice Head – M&A and Private Equity), Ekta Gupta (Partner) and Tarumoy Chaudhuri (Partner), with support from Shubhangi Maheshwari (Senior Associate), Mamta Ramaswamy (Senior Associate), Vishu Surana (Associate) and Anubhuti Jain (Associate).
The SAM Litigation team was led by Anirudh Das (Partner) and Karan Joseph (Partner), with support from Gawry Cootaiah (Senior Associate), Aditya Thyagarajan (Senior Associate), Aditya Singh (Associate), Anirveda Sharma (Associate), Nitin Sharma (Associate) and Hemang Arora (Associate).
The SAM Banking and Finance team was led by Veena Sivaramakrishnan (Partner), Zubin Mehta (Partner) and Mohit Bhatia (Partner), with support from Shubhra Baghel (Senior Associate).
The SAM Employment team was led by Pooja Ramchandani (Partner) and Kriti Kaushik (Partner), with support from Rakshita Mehta (Associate).
The SAM Competition team was led by Shweta Shroff Chopra (Partner) and Yaman Verma (Partner), with support from Apurv Jain (Senior Associate), Saii Singh (Associate) and Anushka Gupta (Associate).
The SAM Insurance team was led by Shailaja Lall (Partner), Akshay Sachthey (Partner) and Uday Opal (Partner), with support from Anupam Choudhary (Principal Associate) and (Late) Suhaas Arora (Senior Associate).
The SAM Capital Markets team was led by Prashant Gupta (National Practice Head – Capital Markets) and Abhiroop Datta (Partner), with support from Romit Raja Srivastava (Principal Associate).
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