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Shreya is a Partner in the Technology, Media and Communications Sector Group and Banking & Finance and Commercial Practice Areas at CMS INDUSLAW. She specialises in legal and regulatory matters across payments and financial technology, digital intermediaries, data protection, information technology, gaming, telecommunications, as well as defence, aerospace, and public procurement.

Shreya advises domestic and international clients across a wide range of sectors including e-commerce, fintech, OTT platforms, gaming and e-sports, defence and aerospace, healthcare, hospitality, and financial services. Her practice focuses on market entry strategy, business and product structuring, regulatory compliance, data privacy and cybersecurity frameworks, platform governance, commercial contracting, and consumer protection.

She has extensive experience advising on India’s data protection regime, including key mandates under the Digital Personal Data Protection Act, 2023. Her work spans end-to-end implementation, including data governance frameworks, consent and notice architecture, data principal rights, breach response strategy, contractual structuring, and regulatory interface. She is particularly noted for her ability to navigate the interplay between Indian law, sectoral regulation, and global frameworks such as the General Data Protection Regulations.

In the fintech and payments space, Shreya advises on regulatory frameworks governing digital payments, lending, embedded finance, wealth and trading platforms, virtual assets, and insurance products. She regularly advises on regulatory strategy and compliance under the Reserve Bank of India, Securities and Exchange Board of India, and Insurance Regulatory and Development Authority of India, including licensing, KYC norms, outsourcing, escrow structures, and risk management frameworks. She also advises on regulatory classification, enforcement risk, inspections, and remediation.

Her telecommunications and technology practice includes advising on licensing and compliance for communication services, IoT deployments, messaging and voice services, and cloud-based infrastructure. She also has a well-recognised practice in online gaming, advising platforms on monetisation models, skill-based gaming frameworks, and central and state-level compliance strategy.

Shreya also advises on regulatory and contractual aspects of defence and aerospace projects, including foreign investment, technology transfer, licensing, and compliance with public procurement frameworks. Her experience extends to public procurement, where she advises on bid structuring, tender documentation, eligibility and qualification criteria, and contract negotiation with government and public sector entities.

Prior to joining CMS INDUSLAW, Shreya worked with litigators before the High Courts and the Supreme Court of India, and was associated with Clifford Chance, where she worked on cross-border matters involving Singapore, the UK, and the UAE.

Shreya is recognised by Chambers & Partners Asia-Pacific 2025, Asialaw Rankings (2024–2025), and The Legal 500.

Publications

Article on Algorithms, Pricing & Competition: On India’s Regulatory Shift, BW Legal World – June 2025

Article on DPDP and the criticality of data: A turning point for India’s digital future, The Times of India- June 2025

Article on India needs a balanced approach towards building a trusted digital data protection framework, Moneycontrol Opinion - April 2025

India Chapter in The Financial Technology Law Review (6th edition), The Law Reviews - 2024

Article on Fintech Revolution: Changing The Banking Landscape, The New Indian Express – 2024

Chapter on Data Protection & Privacy, Chambers and Partners – 2024

Article on Digital transformation: Defining the growth of Indian MSMEs, The Times of India – July 2023

Article on Digitization of Insurance Sector in India, The Economic Times - May 2023

Indian chapter in Digital Business in India: A Q&A Guide, Thomson Reuters- May 2023

Article on The Journey Of Virtual Digital Assets In Indian Context, Businessworld - May 2023

Consultation paper on Digital India Bill - May 2023

India Chapter in The Financial Technology Law Review (5th edition), The Law Reviews – 2023

Article on Is the to-be EU's Digital Markets Act the right way forward for India?, The Times of India - December 2022

India Chapter in The Financial Technology Law Review (4th edition), The Law Reviews - April 2022

Memberships & Roles

Awards & Rankings

asialaw

Chambers & Partners Asia-Pacific

IFLR1000

The Legal500 Asia-Pacific

Education

B.B.A. LL.B. (Hons.), Symbiosis Law School, Pune (2013)​

Insights by Shreya

Sector Specific FAQs on the Digital Personal Data Protection Act, 2023 (“DPDP Act”) and Digital Personal Data Protection Rules (“Rules”) 2025

17 Mar 2026 25 min read

FAQs on the Digital Personal Data Protection Act and Rules.

02 Dec 2025 66 min read

DPDP Rules: An Attempt to Bring Order to the Chaos

21 Nov 2025 30 min read

Fintech Newsletter: Recent Legal Developments And Market Updates From India (November 2025)

12 Nov 2025 48 min read
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