Citi India has appointed Raj Rathi as Head of M&A in India, as it looks to sustain momentum in large and complex dealmaking.
Based in Mumbai, Rathi will oversee the bank’s M&A advisory business in the country and take on sector coverage across digital infrastructure, EMS, and B2B commerce. His role will involve leading strategic advisory mandates and strengthening client engagement across sectors.
Rathi joins Citi with over 15 years of experience in investment banking and corporate strategy. Most recently, he served at Dream Sports, where he led strategic partnerships and investment initiatives, deploying around $150 million across deals.
Citi has maintained a strong position in India’s M&A space, consistently ranking as the top advisor by deal value in 2024 and 2025. The firm has advised on notable transactions, including the stake sale of Royal Challengers Sports Private Limited for United Spirits Limited and a stake sale in Haier India for Haier Group.
Rathi’s appointment is expected to further strengthen Citi’s execution capabilities in India.
