LegalKart raises INR 4Cr in Pre-Series A round from Mumbai Angels and IIM Udaipur Incubation Center

 

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LegalKart raises INR 4Cr in Pre-Series A round from Mumbai Angels and IIM Udaipur Incubation Center 21, January, 2022: Mumbai Angels, a premium platform for early-stage investments, has invested in LegalKart, a Gurgaon-based legal-tech startup, as a part of the Pre Series A round along with IIM Udaipur Incubation Center. The company plans to utilize the funds to develop new tech products for customers with AI, ML capabilities, to create instant access to legal support while also creating awareness about the platform. Nandini Mansinghka, Co-Founder & CEO - Mumbai Angels said, “Legal-tech in India is a late bloomer, but a rapidly growing sector, optimizing legal processes and operations for businesses; with unique solutions that have plagued the industry for decades. LegalKart has been instrumental in bringing about an efficient legal-tech system. We are confident that the freshly infused capital will allow them to scale and reach greater heights.” Dr. Arvind Singhatiya, Founder and CEO of LegalKart, said, “This decade is dedicated to legal technology globally, and we intend to redefine the way legal services are accessed and delivered in India by creating an engaging customer journey for any law-related matter. We aspire to ultimately morph into an end-to-end Legal support and service ecosystem and we are thrilled to have an eminent investor like Mumbai Angels coming on board to invest and mentor the company. We believe we are now ready to further ramp up our technical operations to the next level.” Kannan Soundararajan, CEO, IIMUIC, said, “As our country grows by leaps and bounds, easy and quality access to legal advice and support is very essential to everyone and LegalKart is  working on enabling this.” About Mumbai Angels Started in 2006, Mumbai Angels Network is India’s premier platform focused on new venture investing. Mumbai Angels today has a 190+ strong portfolio across sectors and cities across India. Of the overall portfolio, the platform has exited/ secured the next round of funding for 100+ of them. Today the platform has 650+ investors spread across 60+ Global cities. About Legalkart Founded in 2018 by National Law University (Jodhpur) alumni Dr. Arvind Singhatiya, LegalKart is an instant 24x7 Legal advice platform offering a transparent and democratic legal access available in more than 8 Indian languages across the country through its proprietary technology. LegalKart aims to provide an affordable yet high-skilled Legal advice on demand providing affordable documentation and Property Legal Management services at more than 900 locations including multiple cities, districts and remote locations in India. With more than 100,000 customers onboard, Legalkart also facilitates legal professionals to practice and give legal advice through its Legal Practice Management Lawyers App.