Debanshu is one of the Co-founders of the Vidhi Centre for Legal Policy, a New Delhi based think-tank. He advised the Indian government on the design and drafting of the Insolvency and Bankruptcy Code and its subsequent implementation. He also served as a member of a government-appointed committee for operationalizing the National Company Law Tribunal and deposed before two Parliamentary committees examining financial sector legislation. In addition to insolvency law reform, he has also advised the government on reform projects related to company law and the resolution of distressed banks and other financial firms. He is an alumnus of Harvard University, the University of Oxford, and Hidayatullah National Law University. He attended Harvard as a Fulbright Scholar. Before co-founding Vidhi in 2013, he practised as an M&A lawyer with AZB & Partners. He has been mentioned in global business publications in connection with insolvency law reform in India, including The Economist and Financial Times.