Cyril Amarchand Mangaldas

What Cyril Amarchand Mangaldas does

Cyril Amarchand Mangaldas (CAM) is India's leading full-service law firm, operating as a private partnership headquartered in Mumbai with nine offices across India (Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City) and internationally in Singapore and Abu Dhabi. The firm delivers legal advisory and representation services across corporate, banking and finance, capital markets, dispute resolution, taxation, intellectual property, insolvency, ESG and regulatory practice areas, serving domestic commercial enterprises, foreign multinationals, private equity and venture capital funds, financial institutions, start-ups and government and regulatory bodies. Its mandate roster includes landmark transactions such as the NSE IPO (estimated at INR 30,000 crore), the proposed Jio Platforms IPO, Pine Labs' $439.56 million IPO, Amagi's $196.3 million IPO, the Vena Energy to Inox Clean Energy transaction, and Evren Energy's $600 million renewable energy financing.

CAM's revenue model is professional services fee-based, with quote-based pricing per matter tied to complexity, seniority of counsel and scope; the firm does not publicly disclose revenue. Its go-to-market is enterprise field sales driven by relationship-based business development, referrals from existing clients, and reputation earned through high-profile transactions and recurring industry recognition (IBLJ Law Firm of the Year 2025, ALB India Law Firm of the Year 2025, IFLR Asia-Pacific National Law Firm of the Year 2023, FT Innovation in Advancing Markets 2022). Beyond core legal services, the firm has built an innovation ecosystem comprising CAM Gurukul (a client university model with two completed batches of 30 participants), Prarambh (described as India's first legal tech incubator at a law firm), Legaltech & ALS services, and the Vichaar thought leadership program, supporting both client upskilling and internal capability development through its Leadership Academy.

Name

Cyril Amarchand Mangaldas

Legal name

Cyril Amarchand Mangaldas

Website

https://cyrilshroff.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Cyril Amarchand Mangaldas is India's leading full-service law firm, advising corporates, financial institutions, PE/VC funds and government on M&A, capital markets, banking, dispute resolution and regulatory matters across nine offices in India, Singapore and Abu Dhabi.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Legal Services Fees: The firm generates revenue through providing comprehensive legal advisory and representation services to corporate clients, financial institutions, and other entities across various transactions, disputes, and regulatory matters. Revenue is derived from professional fees for legal services including M&A advisory, capital markets transactions, banking and finance matters, litigation, and regulatory compliance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Cyril Amarchand Mangaldas is a full-service Indian law firm providing legal advisory and representation across corporate, banking and finance, capital markets, dispute resolution, and regulatory matters. It serves domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, and government and regulatory bodies. The firm also operates innovation initiatives including a client education platform (CAM Gurukul) and a legal tech incubator (Prarambh).

Product overview

Cyril Amarchand Mangaldas (CAM) is India's leading full-service law firm providing comprehensive legal services across corporate, finance, dispute resolution, and market practices. The firm operates through specialized practice areas including Capital Markets, Banking & Finance, M&A, Private Equity, and Dispute Resolution. CAM's innovation ecosystem includes CAM Gurukul (client education platform), Prarambh (India's first legal tech incubator), and LegalTech & ALS services. The firm has offices across major Indian cities, GIFT City, Singapore, and Abu Dhabi, serving domestic and international clients including financial institutions, PE/VC funds, and multinational corporations.

Differentiator

Problem solved

Functional benefit

Products and services

• LegalTech & ALS

Named customers12 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Lighthouse Learning GroupcoreStrategic or Co-development PartnerCyril Amarchand Mangaldas advised Lighthouse Learning Group on a strategic partnership with Early Learning Village to strengthen and scale globally benchmarked early childhood education in India. The collaboration combines ELV's research-led, child-centric pedagogy with Lighthouse Learning's institutional depth and governance expertise.

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• L&L Partners (formerly Luthra & Luthra): Long-established Indian full-service law firm with comparable coverage in corporate, M&A, dispute resolution, and regulatory advisory, frequently appearing alongside CAM on large domestic and cross-border mandates.
• J. Sagar Associates (JSA): Established Indian full-service law firm with a similar pan-India footprint and comparable expertise in M&A, capital markets, banking, and dispute resolution, regularly competing with CAM for the same large enterprise mandates.
• Nishith Desai Associates: Indian law firm with strong corporate, tax, technology, and cross-border practices, particularly active in PE/VC, TMT, and international tax structuring that overlaps with CAM's PE, capital markets, and TMT sectors.
• AZB & Partners: One of India's largest full-service law firms and a direct competitor across M&A, capital markets, banking & finance, and dispute resolution. Recently recruited five partners away from CAM, making it the most aggressive direct competitor for talent and clients in the Indian top tier.
• Khaitan & Co. Top-tier Indian full-service law firm with comparable practice coverage in corporate, M&A, capital markets, banking & finance, and dispute resolution. Frequently listed alongside CAM and AZB as part of India's 'Big Law' circle.
• Trilegal: Leading Indian full-service law firm competing with CAM on corporate, M&A, private equity, and capital markets mandates. Known for a partner-led, non-equity-partner model and a strong mid-market to large-cap deal pipeline.
• Talwar Thakore & Associates: Boutique Indian law firm specializing in corporate, securities, M&A, and private equity mandates, competing with CAM for high-end transactional work and often representing issuers, investors, and promoters on the same deals.
• S&R Associates: Boutique-style top-tier Indian law firm with a strong corporate, M&A, and capital markets practice that frequently competes with CAM on large-cap transactions and private equity mandates in India.
• Wadia Ghandy & Co. Established Indian law firm with strong real estate, corporate, and private equity practices, frequently competing with CAM's Real Estate, M&A, and PE groups for mid- to large-cap transactions.
• Shardul Amarchand Mangaldas & Co: Direct peer formed from the other half of the Amarchand & Mangaldas split. Operates as a top-tier full-service Indian law firm with comparable practice areas (corporate, capital markets, dispute resolution) and competes for the same marquee India transactional and regulatory mandates as CAM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/cyrilamarchand
• YouTubeyoutube.com/@cyrilshroff
• LinkedInlinkedin.com/company/cyril-amarchand-mangaldas

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cyril Amarchand Mangaldas