Legalkart, a legal tech startup, has bagged around INR 3.5 crore in seed funding round from a group of angel investors, cited Mint.
The angels who invested in this round, in their personal capacity, include Pranay Jivrajaka (chief executive officer of Foodpanda), Mitesh Shah (Head of Finance at BookMyShow), Sundeep Sahni (former Vice President, New Initiatives, Ola Cabs), Pallav Singh (former COO, Ola Cabs) and Sudarshan Gangrade (CEO of Lo! Foods). Other individual investors from Microsoft, Cognizant, Tata Motors, METRO Cash & Carry India and Oracle, who are based in the USA, UK, Japan and UAE, also participated in this round.
Legalkart said that the startup expects to earn $450,000 in revenues this year and growing at 20 per cent on a month-on-month basis.
Dr Arvind Singhatiya, founder and CEO, LegalKart said, “With our focus on delivering best-in-class practice management experience with a client focus, we aspire to ultimately morph into an end-to-end legal support and service ecosystem.”
The company Legalkart aims to expand its presence across 1,000 cities and sign up 25,000 lawyers, by the end of 2020, from the current 100 cities and 2,500 lawyers.
Legalkart was started by Dr Arvind Singhatiya in early 2019. The platform is a practice management mobile app for legal professionals.
While, as per its website, LegalKart is India’s first Business-to-Business legal support and service technology platform using Big Data and Analytics to create customized and detailed system for your organisation with the array of lawyers and public policy professionals who are revolutionizing the approach to deal with complex legal issues in the most efficient way.
“LegalKart technology is democratizing the legal help and improvises the legal service experience for both legal professionals and those seeking legal support. This investment will accelerate LegalKart’s ability to make legal services accessible while also ensuring lawyers and legal professionals grow in the process,” said Mitesh Shah, head of finance at BookMyShow.