Presolv360

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Overview

Presolv360 is a Mumbai-based legal technology startup specializing in online dispute resolution (ODR). Launched in 2017 by Bhaven Shah, Namita Shah, and Aman Sanghavi, it aims to streamline legal dispute resolution through technology. The company has raised approximately $5.78 million in funding, with key investments from Elevation Capital and Omidyar Network India.

Recent Developments

  • August 2025: Presolv360 has raised a substantial funding amount of $4.7 million in a Series A round led by Elevation Capital, with additional participation from existing investors MGA Ventures and several angel investors. The funding aims to enhance technological development and expand market reach.
  • November 2024: Significant appointments to its advisory council include Justice U.U. Lalit, Justice B.N. Srikrishna, and Justice K. Kannan. These appointments align with ongoing efforts to strengthen institutional ADR frameworks in India.
  • March 2024: Collaboration with courts and government entities facilitated the establishment of an advisory council for improved processing of online dispute resolution cases and compliance with emerging arbitration legislation.
  • December 2023: Presolv360 announced the integration of groundbreaking technologies such as blockchain to enhance the integrity of legal records and digitized more aspects of its operations.

Company Information

AttributeInformation
Founding Date2017
HeadquartersMumbai, India
FoundersBhaven Shah, Namita Shah, Aman Sanghavi
Revenue₹13.8 Crore (as of March 2024)
Key InvestorsElevation Capital, Omidyar Network India, MGA Ventures
IndustryLegal Tech, Online Dispute Resolution
Number of Employees85

Early History

Presolv360 was conceptualized by its founders to address delays in traditional court proceedings in India, where civil cases can take as long as 13 years. The founders were motivated by personal experiences with the sluggish judicial system. The eureka moment came during a courtroom proceeding, inspiring them to develop an ODR framework leveraging technology and human expertise. Initially targeting commercial disputes, Presolv360 quickly gained traction, securing a $1 million seed funding in 2022.

Company Profile and Achievements

Presolv360 operates as an online platform that facilitates out-of-court resolution through mediation, negotiation, and arbitration. The company's main achievement is drastically reducing the time needed to resolve legal disputes in a cost-effective manner. Following its establishment:

  • 2018: Pilot launch to test the market viability of online dispute resolution.
  • 2020-2021: Launched proprietary mediation and arbitration modules.
  • 2022-2023: Empanelled by eight courts, integrated into securities markets in compliance with SEBI's Master Circular on ODR.
  • 2024: Introduction of a blockchain partnership with iDefendo for enhanced data security and validity in disputes.
  • Presolv360 was recognized as one of India's best companies to work for in 2023.

Current Operations and Market Position

Currently, Presolv360 leads innovation in the Indian legal tech sector by adopting a robust technology-driven approach. Utilizing advanced digital tools, it supports dispute resolution for 35+ enterprises, including major banks and business enterprises. It aims to disrupt traditional legal processes by offering a seamless, efficient experience for both enterprises and individual clients. Despite facing competition from platforms like CADRE and Sama, Presolv360 maintains a strong market position due to its technological prowess and esteemed advisory board.

Conclusion

Presolv360 represents a paradigm shift in legal dispute resolution in India. By integrating technology with legal processes, it fosters a faster, more inclusive justice system. With substantial financial backing and a visionary leadership team, it is poised for significant growth in the Indian and potentially international markets, setting the stage for future developments in online dispute resolution.

References

  1. Presolv360 Concept Note on ODR
  2. Presolv360 Company Profile - Crunchbase
  3. Former Chief Justice, Judges join Presolv360 ODR Institution's Advisory Council - PR Newswire
  4. Artificial Lawyer - Presolv360 Bags $1m Seed Funding
  5. Law Asia - Advisory Council Announcement
  6. Presolv360 and iDefendo Partnership
  7. Presolv360 Raises $4.7 Million in Series A Funding
  8. Presolv360 Overview - YourStory