Legal tech startup Legalkart has raised over $490,000 in a seed round from angel investors.
Founded in 2018, Gurugram-based LegalKart claims to be India’s first practice management app for legal professionals. Its app is available in both English and Hindi.
Pranay Jivrajaka, chief executive officer at FoodPanda, Mitesh Shah, chief financial officer of BookMyShow, Sundeep Sahni, chief compliance officer at Rocket Internet, Pallav Singh, ex-chief operation officer, OlaCabs and Sudarshan Gangrade, chief executive officer of Lo! Foods participated in the round.
Other high net worth individuals (HNIs) from Microsoft, Cognizant, Tata Motors, Metro Cash & Carry India and Oracle also chipped in, Legalkart said in a statement.
The company claims to have on-boarded 2,500 lawyers since its inception. It is now aiming to expand its presence across 1,000 cities with 25,000 lawyers by the end of 2020.
Legalkart is also optimistic about reaching $450,000 in revenue this year, growing at 20% month-over-month.
“Making every step of a legal interaction more seamless, efficient, and effective for all, we are reimagining the legal service delivery for a billion Indians,” said Arvind Singhatiya, founder and chief executive officer, Legalkart, adding that the company aims to eventually evolve into an end-to-end legal support and service ecosystem.
Founded by Arvind Singhatiya, who is a National Law Univerity (NLU), Jodhpur alumnus, Legalkart aims to help lawyers in assigning tasks and synchronising calendars. The platform also provides advanced features like financial management, client management, document, and team management.
Singhatiya has over 13 years of work experience and worked with companies like Ola, ACME Cleantech and Essel group before Legalkart.