Mumbai, 21st July 2026: JSA Advocates & Solicitors (JSA) advised Avendus Future Leaders Fund III (Avendus) in relation to its acquisition of minority stake in Parag Parikh Financial Advisory Services Limited (PPFASL) from its promoters Neil Parag Parikh and Khushboo Joshi, through a secondary share purchase.
PPFASL is a leading investment advisory and wealth management ϐirm providing wealth management, investment advisory, portfolio management, ϐinancial planning and related ϐinancial services. Incorporated in 1992, PPFASL is also the sponsor of PPFAS Mutual Fund and is known for its long-term, value-driven investment philosophy.
The transaction was led by Sidharrth Shankar, Partner, with support from Prakriti Jaiswal, Partner; Rishika Agarwal, Senior Associate and Mahi Jaiswal, Associate;
The Competition team comprised Vaibhav Choukse, Partner; Ela Bali, Partner, and Aarathi R Menon, Associate.
About JSA
JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters.
The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates.
JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi.
The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
