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Citi strengthens India dealmaking push with senior M&A appointment

Citi strengthens India dealmaking push with senior M&A appointment

Citi India has named Raj Rathi as Head of M&A in India, reinforcing its investment banking bench amid rising deal activity across sectors.

Rathi will lead Citi’s M&A franchise in India, focusing on advising clients on complex, high-value transactions while expanding the bank’s presence in high-growth sectors such as digital infrastructure, EMS, and B2B commerce.

He brings more than 15 years of experience across investment banking, M&A, and advisory. Prior to joining Citi, Rathi was associated with Dream Sports, where he led corporate development and strategy initiatives, including partnerships and capital deployment of around $150 million.

At Citi, he will collaborate with teams across Investment Banking, Markets, and other product verticals to offer integrated advisory solutions.

The appointment comes at a time when Citi continues to build on its leadership position in India’s M&A landscape, having topped deal value rankings in 2024 and 2025.