Chennai, May 5: Citi India has announced the appointment of Raj Rathi as Head of Mergers & Acquisitions (M&A) in India, effective June 2026.
Based in Mumbai, Raj will also take on sector coverage for Digital Infrastructure, Electronic Manufacturing Services (EMS), and select B2B commerce companies. In his new role, he will lead Citi’s M&A franchise in India, driving strategic advisory across complex, high-value transactions while strengthening client relationships across key sectors.
Raj brings over 15 years of experience in investment banking, M&A, and investment advisory. He joins Citi from Dream Sports, where he served as Head of Strategy and Corporate Development, leading strategic partnerships and inorganic growth initiatives, including deployment of approximately $150 million across multiple investments.
His appointment comes at a significant time for Citi’s India Investment Banking business, which has been consistently ranked the #1 M&A advisor in India by deal value in 2024 and 2025. The firm has recently advised on landmark transactions, including serving as exclusive financial advisor on the 100% stake sale of Royal Challengers Sports Private Limited for United Spirits Limited, and the 49% stake sale in Haier India for Haier Group.
With this appointment, Citi aims to further strengthen its leadership in the M&A advisory space and deliver integrated, high-impact solutions to clients across India.
