Legaltech startup LegalKart raises Rs 6.5 crore in funding from existing backers
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Funding Achievement: LegalKart, an Indian legal tech platform, secured Rs 6.5 crore in funding led by existing investors to bolster its growth initiatives.
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Founding Background: Established in 2019 by Dr. Arvind Singhatiya, LegalKart aims to enhance access to legal services through AI-driven solutions, particularly targeting tier II and III cities in India.
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AI-Enabled Consultations: The platform provides users with the option to consult legal professionals via audio and video calls, featuring multilingual support in major Indian languages.
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Service Expansion Plans: LegalKart plans to broaden its service offerings, including property document verification and streamlined document services, leveraging the new funding to enhance efficiency and transparency in legal processes.
- Investor Confidence: Dr. Singhatiya expressed gratitude for continued investor support, highlighting the funding as a pivotal step towards innovating the legal landscape in India.
LegalKart, an Indian legal technology platform, recently raised Rs 6.5 crore in a funding round led by existing investors.
Founded by Dr. Arvind Singhatiya in 2019, the Gurugram-based startup aims to simplify and broaden access to legal services through its AI-driven solutions.
The startup plans to use the raised capital to support its growth plans, including the expansion of its technology and market reach, especially within India’s tier II and III cities.
Allowing users to consult with legal professionals
LegalKart’s AI-enabled services allow users to consult with legal professionals across the country through audio and video calls, ensuring multilingual support in all major Indian languages.
“We are excited to have the continued trust and support of our investors,” Singhatiya said, emphasizing the impact of AI on the legal sector. “This new funding is a significant milestone for us as we work towards revolutionizing the legal landscape in India.”
Expanding services and product offerings
Beyond basic legal consultations, LegalKart’s platform offers specialized services such as property document verification, vehicle challan payments, and streamlined document drafting and review.
With the infusion of new capital, LegalKart intends to expand its AI-driven capabilities to streamline these services further, enhancing transparency and efficiency in legal processes.
Here’s a summary of the information extracted from the provided content about LegalKart:
Startup Information
- Startup Name: LegalKart
- Founded by: Dr. Arvind Singhatiya
- Year Founded: 2019
- Location: Gurugram, India
- Focus: Legal technology platform that simplifies access to legal services through AI-driven solutions.
Fundraising Information
- Amount Raised: Rs 6.5 crore
- Funding Round: Series not specified (likely early stage based on the context)
- Lead Investors: Existing investors (specific names not mentioned)
Services Offered
- AI-enabled legal consultations via audio and video calls
- Multilingual support in major Indian languages
- Specialized services:
- Property document verification
- Vehicle challan payments
- Document drafting and review
Future Plans
- Expand technology and market reach, focusing on tier II and III cities in India.
- Enhance AI capabilities for better service efficiency and transparency.
Quotes
- Dr. Arvind Singhatiya expressed excitement about the support from investors and emphasized the importance of AI in legal transformation.
This summarizes the key aspects regarding the funds, investors, startup details, founders, and the fundraising series for LegalKart.