
Pranav M. Khatavkar is the Founder & Managing Partner of Lexentra, and an international lawyer with over a decade of experience in banking, finance, commercial, regulation, and cross-border matters. His advisory spans financial institutions, funds, sponsors, and businesses across India and global financial centres.
Pranav began his legal career at the Bombay High Court, advising on
commercial and financial disputes, including representing Larsen & Toubro in a USD 15 million bank guarantee litigation and advising Starlog Enterprises in USD 30 million insolvency proceedings. He then joined the global restructuring team at White & Case LLP, New York, where he advised on cross-border matters such as the USD 16 billion iHeartMedia bankruptcy, the USD 1.5 billion Constellation Oil insolvency, the USD 650 million sale of Waypoint Leasing, and creditor-side representations in the insolvencies of White Eagle Asset Portfolio, Joerns Healthcare, and Global Cloud Xchange.
At Yes Bank Ltd., Pranav played a pivotal role in resolving complex exposures: USD 600 million to Essel Group and DishTV, USD 500 million to Cox and Kings (including UK subsidiaries), USD 250 million to Café Coffee Day, and USD 175 million to Omkar Group. He contributed to the strategy for the USD 7 billion sale of Yes Bank’s distressed loan portfolio to J.C. Flowers ARC and led international enforcement in a USD 50 million recovery before the Supreme Court of Mauritius.
At J.C. Flowers ARC, Pranav advised on multiple asset acquisitions and
fundraises, including financial assets from Karnataka Bank and Rabobank, and a USD 30 million capital raise from IndusInd Bank and Tata Capital. At Drip Capital, he advised on U.S. -based Chapter 11 and Chapter 15 proceedings, trade finance structuring, and cross-border legal strategy.
He has advised on transactions and restructurings ranging from USD 320
million to USD 15 billion, including a USD 113 million capital raise backed by IFC, SMBC, and GMO. His counsel covers capital deployment strategies, distressed asset transactions, joint ventures, and regulatory frameworks for cross-border flows, foreign investments, and financial innovation. He frequently works with clients in fintech, AI, and blockchain on compliance, sandbox participation, and tokenisation.
He served at SEBI and the Reserve Bank of India during his legal pupillage,
gaining early exposure to financial regulation and enforcement. He is the
author of a compendium on landmark rulings under India’s Insolvency and
Bankruptcy Code, 2016, published by Thomson Reuters, and contributes to
thought leadership on restructuring, regulation, and innovation.
Pranav holds an LL.M. from Northwestern University, Chicago, and a dual
degree in law and business from Symbiosis International University. He has
completed executive education at Harvard Business School, the London
School of Economics, INSOL International, the World Bank, the University of Texas at Austin, and the American College of Bankruptcy.
At Lexentra, Pranav brings legal depth, commercial clarity, and a global
perspective to support clients as they invest, lend, restructure, innovate, and grow across borders and industries.

