Brand Capital, the funding arm of the Times of India Group and LegalKart have entered right into a strategic partnership to help LegalKart’s growth in India. Under this strategic partnership, Times Group will assist LegalKart leverage its media for cross-platform promotion and bolster progress capabilities. Legalkart intends to make use of The Times Group’s multimedia sources to assist develop and evangelise the model to the following degree.
LegalTech like fintech has the potential to scale exponentially by way of sooner digital adoption and progress in India, Arvind Singhatiya, founder and CEO, LegalKart, mentioned. “LegalTech sector in India is a $22.5 billion big in India. With this partnership, we have become the first LegalTech company to enter the Times Group’s Brand Capital fold. This partnership portrays the potential of LegalTech space in the country,” he added.
This partnership is part of the Times Group’s Brand Capital initiative, which has additionally labored with a number of firms together with Byjus, Big Basket, Blinkit, Flipkart, Dunzo, Pharmeasy, amongst others, to help their progress within the nation. LegalKart, by way of its proprietary AI based mostly expertise, has developed an answer which allows clients looking for authorized recommendation, to seek the advice of Lawyers relating to their authorized issues from the consolation of their residence. The firm claims to have already served greater than 1.5 lakh shoppers and has over 10,000 attorneys on its platform throughout greater than 900 places together with a number of cities, districts, and distant areas in India.
Recently Legalkart raised Rs 4 crore in Pre-Series-A from Mumbai Angels and IIM Udaipur Incubation Center. With this partnership Legalkart is planning to develop their income by 300%.
Read Also: Aviva India appoints Asit Rath as CEO and MD
Follow us on Twitter, Instagram, LinkedIn, Facebook
Source: www.financialexpress.com”