Metal‐bound water molecules have recently been recognized as a new facet of soft Lewis acid catalysis. Herein, a chiral palladium aqua complex was constructed that enables carbon–hydrogen bonds of indoles to be functionalized efficiently. We embraced a chiral 2,2′‐bipyridine as both ligand and hydrogen‐bond donor to configure a robust, yet highly Lewis acidic, chiral aqua complex in water. Whereas the