Transfer Pricing Solutions for India

Ashish Bansal is a Managing Director with Alvarez and Marsal’s Global Transaction Advisory Group in Delhi, and serves as the practice’s Co-Head in India.

Mr. Bansal brings more than 19 years of experience in transactions. His primary area of concentration is financial due diligence in an integrated approach with commercial, operational and ESG diligence.

Mr. Bansal has advised private equity funds and corporate buyers on buy- and sell-side and on domestic and cross-border transactions. He has worked across a range of sectors, including healthcare, life sciences, auto components and diversified industrials, consumer and retail.

Prior to joining A&M, Mr. Bansal was at KPMG India for over 19 years in their Deal Advisory practice, specializing in transaction services, where he most recently served as a Partner. He was also the sector head for healthcare and life sciences for Deal Advisory and in the past led their M&A Consulting team.

Mr. Bansal earned a bachelor’s degree in commerce from Delhi University. He is a member of the Institute of Chartered Accountants of India.

Bhavik Hathi is a Managing Director with Alvarez & Marsal's Global Transaction Advisory Group in Mumbai, and serves as the practice’s Co-Head in India. He brings 16 years of experience in advising clients in transactions and audit. His primary areas of concentration are financial, commercial and operational due diligence.

Mr. Hathi has worked with clients across a range of industries, including financial services, real estate, logistics, retail, consumer and aviation. He has been involved in numerous transactions providing for private equity clients in India as well as corporates in sectors such as NBFC, microfinance, housing finance, exchanges, brokerage, banking, logistics, retail and consumer.

Additionally, Mr. Hathi has led integrated due diligence teams providing financial, commercial and/or operational due diligence services to numerous clients such as TPG Capital, TPG Growth, Warburg Pincus, Blackstone, GIC, Temasek, Morgan Stanley, CDC and Olympus Capital.

Prior to joining A&M, Mr. Hathi spent 14 years with EY, where he most recently served as Director. At EY, he worked on numerous cross border and private equity transactions for clients such as KKR, Carlyle, Blackstone, Waburg Pincus, Apax Partners, Baring Asia, WL Ross, ICICI Ventures, IDFC Private Equity, L&T Finance, Reliance Capital, GE Capital, T Rowe Price, Axis Bank and Kotak Group.

Mr. Hathi earned a bachelor's degree in commerce and accounting from the University of Mumbai. He is qualified as a Chartered Accountant through the Institute of Chartered Accountants of India. An Indian national, Mr. Bhavik is fluent in English, Hindi and Gujarati.