In this episode of Transforming India – The Road to 2047, presented by Mint in partnership with JSA Advocates & Solicitors, host Alokesh Bhattacharyya explores how India’s capital markets are shaping the nation’s financial future. Joining the conversation are Madhurima Mukherjee and Anuj Pethia, Partners at JSA, who bring deep expertise across IPOs and cross-border capital market transactions. They discuss evolving regulatory frameworks, SEBI’s shift toward rationalisation, the IPO landscape, foreign capital trends, and the rise of reverse flipping among Indian startups, along with the growing role of GIFT City in global capital flows. The episode also highlights the importance of governance, ESG considerations, and investor protection, alongside emerging areas like fintech and digital assets. Together, these insights underscore how strong regulation and innovation can build resilient capital pathways for India’s journey to 2047.
Episode 6: Powering Growth via Capital Markets | Transforming India (Season 2)
- JSA Mint Video and Podcast Series
- Anuj Pethia, Madhurima Mukherjee (Saha)
- April 16, 2026












Anuj has more than 16 years of experience and has acted on various Indian and international capital markets transactions including some of the sophisticated and pioneer offerings in the last two decades advising issuers, underwriters, promoters and selling shareholders across sectors.