Aarthi Sivanandh

Aarthi Sivanandh, Partner, JSA

Aarthi started her practice in the US in 2001 as a foreign legal consultant concentrating on the US-India business corridor until 2006. In 2010, she co-founded Vichar Partners that merged its law practice with J. Sagar Associates in April 2014.

Aarthi’s practice focuses on the full spectrum of corporate laws and transactional matters: mergers and acquisitions, venture capital transactions, private equity, foreign collaborations including joint ventures and licensing transactions. She has extensive experience in working in the India region, having acted for bidders, target companies, sellers and advisors in such transactions.

Her significant work also includes representing India clients investing in foreign markets, family businesses in their growth initiatives and corporate advisory, restructuring of family holdings. Her expertise is also called for in board led internal investigations and advisory on corporate governance.



  • Bar Council of India
  • Bar Council of Tamil Nadu



  • Master of Law, LLM, Tulane University Law School (2001) (distinction).
  • Bachelor of Commerce., Stella Maris College University of Madras (1997).
  • Bachelor of Law, The Tamil Nadu Dr. Ambedkar Law University, Chennai (2000).



  • English
  • Hindi
  • Tamil

A versatile lawyer with experience over 17 years, Aarthi has been noted by clients and ranking magazines as a lawyer who “exhibits sharp acumen”, for “great communication skills”, for “keen eye not to miss trouble spots” and for “resolving commercial issues quickly.”

She also leads the pro bono practice of the firm. She has led the firm’s cross-office attorney team in efforts relating to the ability of technology providers to supervise media content, which was awarded the 2017 Trust Law Collaboration Award. Her team was also nominated as a recipient for the 2016 Trust Law Impact Award for its comparative law perspective on rights related to women acid violence survivors.

RSG Consulting a premier global ranking agency for the India market ranked her as one among the 25 Emerging Market Leaders for India for the year 2019-2020.

Her significant private equity transactions in the corporate practice include:

  • Advised Sundaram Finance Ltd (SFL) and Royal Sundaram General Insurance Co. Limited (Royal Sundaram) for the sale of significant minority shareholding of Royal Sundaram to Ageas Insurance International N.V.
  • Advised and assisted Ravindranath GE Medical Associates Private Limited in its acquisition by Gleneagles Development Pte Ltd (subsidiary of IHH Berhard) of majority of the equity interest
  • Advised Polaris Consulting and Services Limited on its sale to Virtusa Corporation
  • Advised the Founders of Computer Age Management Services Limited (CAMS) during the significant minority acquisition by the strategic investment arm of National Stock Exchange
  • Advised Multiples Private Equity Funds in the strategic buyout of Peoplestrong HR Services Private Limited. Advised Global Hospitals in its acquisition by Parkway Pantai’s Gleneagles Development Pte Ltd.
  • Advised Equitas Holdings Private Limited, German Investment Development Corporation (DEG) and Creation Investments Equitas Holdings, LLC (Creations) in divesture of its significant minority shareholding
  • Advised Neuberg Diagnostics Private Limited in its acquisition of South African pathology chain, Global Clinical and Virology Laboratory.
  • Advised Veritas Finance Private Limited in receiving investment from CDC Group Plc and Lok Capital Growth Fund
  • Advised & assisted First Carlyle Ventures III (The Carlyle Group) in its purchase of approx. 55% equity shares of Newgen Knowledge Works Private Limited from the exiting PE investors – Aureos South Asia Fund (Holdings) L.L.C, ePlanet Ventures Mauritius Limited and Franklin Templeton Asset Management (India) Private Limited.