Verist Law doubles partner roster to build capital markets, dealmaking muscle

Mumbai-based Verist Law has added two partners, doubling the size of its leadership team, as the boutique firm looks to build a stronger presence in India’s capital markets and corporate dealmaking.

The firm has hired Arka Banerjee, formerly a partner at Anagram Partners, and Nayan Jain, a former principal associate of Cyril Amarchand Mangaldas (CAM).

An alumnus of National Law School of India University (NLS) Bengaluru and INSEAD (Paris), Banerjee brings experience in both public and private M&A transactions and governance advice. Before joining Verist Law, he also worked with erstwhile Amarchand Mangaldas & Suresh A. Shroff & Co. and Shardul Amarchand Mangaldas & Co. (SAM & Co.).


Jain, an alumnus of Dr Ram Manohar Lohiya National Law University, Lucknow, is expected to bolster Verist Law’s equity and debt markets advisory.

“We see a strong capital markets team as a pivotal step in our evolution. Nayan Jain’s capital markets experience aligns with the recent onboarding of a practice-focused mid-level lateral to our capital markets team,” said Srishti Ojha, founder of Verist Law. “We have added Arka Banerjee, a transactional lawyer with listed-side deal experience, to enhance the depth and spectrum of our expertise.”

The move comes as smaller, specialised firms step up hiring to compete with the full-service law firms for cross-border M&A and capital markets mandates.

Demand for deal and governance work has remained strong despite market volatility, with boutiques increasingly positioning themselves as nimble alternatives to big firms. The Indian IPO market experienced notable resilience during the first half of 2025, with 108 IPO deals raising $4.6 billion.

“As the founder, my goal is less to replicate the big-firm model and more to build viable teams that offer technical value and agility,” said Ojha. “This expansion signals our intent to strengthen capital markets and deal capabilities while staying true to that vision,” she added.

Recently, citing Primedatabase, ET reported that the capital markets regulator Sebi has given the green light to issues worth about Rs 1.14 lakh crore, and Rs 1.64 lakh crore worth of offers are pending approval.