Citi names Raj Rathi as India chief of M&A business

Rathi served as head of strategy and corporate development for an India fantasy sports tech company.

Citi has named Raj Rathi as head of its mergers and acquisitions business in India.

Rathi will join Citi in 2026, and will be based in Mumbai.

He will assume coverage responsibility for digital infrastructure, electronic manufacturing services (EMS), and select B2B commerce companies.

Rathi joins from Dream Support, where he served as head of strategy and corporate development. During his time in Dream Sport—an Indian sports technology company operating a fantasy sports platform—he worked in deploying around $150m in investments.

Prior to Dream Sports, Rathi worked at J.P. Morgan India Investment Banking for five years. He also previously worked at Guggenheim Securities New York and Ernst & Young Transaction Advisory Services.