LegalKart
Overview
LegalKart is a prominent legal technology platform founded in 2019 by Arvind Singhatiya. Based in Gurugram, India, it aims to democratize access to legal services. LegalKart utilizes artificial intelligence (AI) to provide documentation, consultations, and other digital solutions. The platform emphasizes accessibility by supporting all major Indian languages and facilitating connections between users and legal professionals through audio and video calls. As of late 2024, LegalKart has successfully raised Rs 6.5 crore in a new funding round, reflecting continued investor confidence and its significant role in transforming legal service delivery in India.
Recent Developments
- November 2024: LegalKart raised Rs 6.5 crore in a fresh funding round led by the IIM Udaipur Incubation Centre, with participation from Aevitas Capital and Shift Alt Cap. The funds are earmarked to expand AI-enabled legal technology solutions and grow the company's reach in India's tier II and III cities. The platform reported a 453% increase in business topline over the past eight months, underscoring its rapid growth and high demand.
- Earlier in 2024: LegalKart continued to enhance its AI-driven capabilities to streamline legal processes, reduce costs, and increase transparency and accessibility.
- 2023 Developments: Throughout the year, LegalKart focused on scaling its services and expanding market presence, particularly targeting under-served regions in India to make quality legal services more accessible.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Gurugram, India |
| Founders | Arvind Singhatiya |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | IIM Udaipur Incubation Centre, Aevitas Capital, Shift Alt Cap |
| Industry | Legal Technology |
| Number of Employees | Not publicly disclosed |
Early History
LegalKart was founded in 2019 by Arvind Singhatiya, who envisioned a platform that could make legal services as accessible and affordable as possible. Drawing on his experience in law and business, Singhatiya created LegalKart to bridge the gap between complex legal services and those who need them. The company began by providing a range of basic legal services enabled by AI, such as documentation and consultation through a digital platform that allowed communication in various Indian languages. LegalKart quickly gained traction by offering tailored digital solutions, significantly reducing the traditional barriers of legal accessibility.
Company Profile and Achievements
LegalKart operates as a legal technology platform leveraging AI to improve access and efficiency in legal services. It offers a suite of services, including AI-driven documentation, legal consultations, document verification, vehicle challan payments, and more. The ability to connect with legal professionals through audio and video calls in Indian languages positions LegalKart as highly accessible.
- 2019: Establishment with a focus on AI-driven legal services.
- 2020-2022: LegalKart expanded its services to include document drafting, review, and comprehensive legal advice, substantially increasing its user base.
- 2023: The platform broadened its reach to India’s tier II and III cities, addressing the unmet need for accessible legal services.
- 2024: LegalKart experienced exponential growth, as evidenced by a 453% increase in business topline. The additional funding will help further develop its AI capabilities and extend market presence.
Current Operations and Market Position
As of 2024, LegalKart is actively enhancing its service offerings with innovations driven by AI. The focus is on expanding operations into under-served areas of India, ensuring that individuals and businesses can access affordable legal support. LegalKart distinguishes itself by using technology to cut costs and improve service efficiency, thereby gaining a foothold in the competitive legal tech industry. Its commitment to transparency and accessibility allows LegalKart to maintain a competitive edge over traditional legal service providers.
Conclusion
LegalKart signifies a critical evolution in how legal services are delivered in India, combining technology with legal expertise to offer scalable, efficient solutions. Its recent funding success highlights its continued potential to redefine legal accessibility, particularly in regions where such services are scarce. Moving forward, LegalKart’s strategy of leveraging AI to demystify legal processes positions it well to address modern legal challenges and expand its impact across India's legal landscape.