Khaitan & Co

What Khaitan & Co does

Khaitan & Co is one of India's oldest and largest full-service law firms, founded in 1911 in Kolkata and headquartered in Mumbai. The firm serves corporate clients across all major practice areas including M&A, private equity, capital markets, banking and finance, dispute resolution, competition law, tax, employment, real estate, restructuring and insolvency, and regulatory advisory. Marquee mandates include advising on the historic NSE IPO (~Rs 30,000 crore), Jio Platforms' proposed IPO, Stonepeak's $10.1 billion acquisition of Castrol from BP, the Walmart-Flipkart acquisition, and Clean Max Enviro Energy's $500 million IPO, alongside ~3,050 transactions valued at approximately $130 billion in the most recent financial year.

The firm operates a partner-led delivery model across 12 offices in 11 Indian cities (Mumbai with two locations, New Delhi, Noida, Gurugram, Kolkata, Bengaluru, Chennai, Pune, Ahmedabad, GIFT City, and Hyderabad) plus Singapore. It employs over 1,300 legal professionals including 180+ Partners and Directors and 800+ fee earners. Its proprietary technology stack centers on KAI (Khaitan AI), an in-house platform used for contract review, legal research, due diligence, and document analysis with reported productivity gains of 50-60% on contract review cycles. The firm also operates LexFlex, a platform enabling flexible engagement of legal talent, and publishes the annual Foresight thought-leadership report in collaboration with industry bodies such as FICCI and academic institutions including NLU Delhi.

Khaitan & Co generates revenue through professional fees on legal advisory mandates. The firm does not publicly disclose pricing; engagements are quote-based for enterprise clients. Recent third-party reporting estimates fees of approximately Rs 3,000 crore (~$318 million) in the last financial year. The firm is privately held as a partnership, with no external equity backing, and is led by Senior Partner Haigreve Khaitan and Managing Partner Amit Choudhary, with ex-McKinsey executive Vimal Choudhary serving as COO to lead digital and strategic transformation. Growth has been organic and lateral-hire driven, supplemented by selective acquisitions such as Assentio Legal (Chennai, 2021).

Name

Khaitan & Co

Legal name

Khaitan & Co

Website

https://khaitanco.com

Company type

Private

Founded year

1911

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Khaitan & Co is one of India's oldest full-service law firms, advising corporate clients on M&A, private equity, capital markets, disputes, and regulatory matters through 1,300+ legal professionals across 11 Indian cities and Singapore.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)

akta.pro secondary industries

Family & Private Client (Trusts & Estates) Law (BPAHAAAK), Family Office Trust & Fiduciary Services (FSAEAKAF)

Keywords

• Corporate legal services
• Mergers and acquisitions
• Private equity advisory
• Capital markets law
• Dispute resolution services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Legal Advisory Services: Provides comprehensive legal advisory services to corporate clients including M&A, private equity, capital markets, banking, dispute resolution, and other practice areas. Revenue generated through professional fees for legal services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Khaitan & Co is one of India's oldest and largest full-service law firms, founded in 1911 in Kolkata, providing comprehensive legal advisory services across practice areas including M&A, private equity, capital markets, banking and finance, dispute resolution, regulatory compliance, real estate, tax, employment, competition/antitrust, and corporate governance. The firm serves corporate and institutional clients through 12 offices across India and Singapore, with over 1,300 legal professionals including 180+ Partners and Directors and 800+ fee earners.

Product overview

Khaitan & Co is a leading full-service Indian law firm established in 1911, offering comprehensive legal services across practice areas including Banking and Finance, Capital Markets, Competition/Antitrust, Corporate and Commercial, Dispute Resolution, Employment, M&A, Private Equity, Real Estate, Tax, Technology, and White Collar Crimes. The firm operates a platform-based model with over 800 fee earners and 180 Partners across offices in India (Mumbai, Delhi NCR, Kolkata, Bengaluru, Chennai, Pune, Gurugram, Ahmedabad, GIFT City) and Singapore. The firm offers proprietary technology solutions including the KAI AI platform for contract review and research, and LexFlex for flexible legal talent deployment. Key intellectual property includes their Foresight thought leadership reports on India's legal and regulatory landscape.

Differentiator

Problem solved

Functional benefit

Brands

• LexFlex: A platform of top-tier legal talent that gives legal professionals flexibility in working arrangements, including hour-based, day-based, period-based, and project-based engagements.

Products and services

• LexFlex
• KAI (Knowledge AI)
• Foresight Reports

Quantifiable outcome

• Advised on approximately 3,050 deals worth nearly $130 billion in the last financial year, generating estimated Rs 3,000 crore ($318 million) in fees
• +2 more outcomes

Named customers10 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• FICCIcoreStrategic or Co-development Partner · 5 June 2026Joint report with Ficci highlighting need for India to develop intelligence-led anti-fraud framework to combat rising digital financial crimes. Report emphasizes growth in digital payments and increasing sophistication of fraud schemes leveraging AI, cryptocurrencies, and cross-border transactions.
• National Law University Delhi (NLU Delhi)minorStrategic or Co-development Partner · 25 March 2026Centre for Tax Laws at NLU Delhi organizing first Certificate Course on Taxation Laws in collaboration with Khaitan & Co on April 3-4, 2026.
• Society of Construction Law (SCL) IndiaminorStrategic or Co-development Partner · 8 December 2025Collaborated to release whitepaper proposing structured construction dispute resolution framework for analyzing delay and disruption claims in India's infrastructure sector. Recommends adopting SCL Protocol, AACE RP 29R-03, and FIDIC-based systems.
• McKinsey (Vimal Choudhary)coreStrategic or Co-development Partner · 8 December 2025Appointed ex-McKinsey global strategy chief Vimal Choudhary as COO to lead internal operations and drive digital, AI, and strategic transformation.
• Gelephu Mindfulness City (GMC)coreStrategic or Co-development Partner · 11 November 2025Strategic MoU signed to strengthen legal and regulatory confidence for Indian and Global investors exploring opportunities in Bhutan's Gelephu Mindfulness City. Partnership aims to support Bhutan's aspiration to emerge as South Asia's new economic growth and innovation hub.

Scale indicators7 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• S&R Associates: Boutique-style Indian law firm known for high-end M&A, PE, and capital markets advisory. Competes with Khaitan for premium transactional mandates despite a smaller headcount.
• AZB & Partners: One of India's top full-service law firms and a frequent co-counsel on the largest Indian deals (including alongside Khaitan on Stonepeak/Castrol). Directly comparable practice mix and client base across corporate, M&A, and dispute resolution.
• JSA (J. Sagar Associates): Full-service Indian firm with strong M&A, banking, and dispute resolution practices. Frequently cited as Tier 1 in legal directories and competes directly for the same large-cap and cross-border mandates.
• Cyril Amarchand Mangaldas: India's largest full-service corporate law firm and Khaitan's closest direct competitor. Both are Tier 1 across major directories, advise on flagship Indian M&A, PE, and capital-markets transactions, and compete head-to-head for marquee mandates.
• Trilegal: One of India's largest full-service law firms with strong corporate, PE, and technology practices. Directly competes for mid-to-large ticket PE, M&A, and tech transactions, with similar client profile of domestic and multinational corporates.
• Shardul Amarchand Mangaldas & Co: Top-tier Indian full-service firm with comparable corporate, capital markets, and disputes practices. Regularly appears as co-counsel or counter-bidder to Khaitan on landmark transactions.
• Talwar Thakore & Associates: Boutique Indian law firm with strong corporate, securities, and M&A practices. Competes for higher-end transactional mandates and is regularly engaged on the same large-cap deals as Khaitan.
• Bharucha & Partners: Boutique Indian law firm specializing in M&A, PE, and project finance. Competes for premium mid-to-large cap advisory mandates with a partner-led delivery model similar to Khaitan's.

Broad incumbents

• A&O Shearman: Merged global elite firm with strong India-related cross-border capabilities. Frequently engaged alongside Khaitan and competing Indian firms on large M&A and capital markets transactions.
• Latham & Watkins: Global elite law firm that regularly acts as international co-counsel to Khaitan on cross-border matters (e.g., NSE IPO). Operates at much larger scale and competes for inbound India-related mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/KhaitanCo
• LinkedInlinkedin.com/company/55458

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Khaitan & Co