Legal technology is booming, with companies attempting to disrupt the legal space at every level and from every angle. And with good reason. Some estimates value the market size at as much as $400 billion. While legal still hasn’t caught up with other industries — either in terms of funding or widespread adoption, the future is bright and coming at us fast. Legal has been a tough nut to crack because there is significant non-uniform regulation and risk-averse, disaggregated stakeholders. These factors have slowed disruption. But change is high: consumers are demanding more efficient, transparent and affordable legal services, and lawyers are looking for cutting-edge ways to compete in an oversaturated market.
These are some of the TOP legal startups in India - 1. Startup Name- MeetUrPro Founded In- July 2014
Founders- Divakar Vijayasarthy and Rajesh Inbasekaran
Description- Lack of awareness of basic regulatory laws and taxations has led early-stage startups to face dilemmas from various business perspectives. Sometimes, the cost of delays has far exceeded these startups’ initial revenues. Thus, creating an awareness platform is the need of the hour, in terms of educating startups on their obligations and providing them methods to comply with the same. MeetUrPro (MUP) is one stop destination for all tax, legal and regulatory requirements. MUP is a controlled virtual marketplace for both clients and professionals to meet, discuss, negotiate and firm up business and professional engagements. It offers a myriad of services relating to business, tax, property transaction, business incorporation. You can choose among various service packages according to your budget. They also provide accounting and taxation services; rendering their website as a one stop shop for all your needs.
2. Startup Name- LawRatoFounded In- January 2015
Founders- Rohan Mahajan
Description- LawRato.com is an interactive online platform that makes it faster and easier to find and hire the best Lawyers in any city / court in India, because you deserve access to first-rate, professional legal advice from the best Lawyers out there. They are on a mission to make the legal experience remarkable. By making legal services high quality, cost-effective and on-demand for every need. It comprises 1,000 rated and reviewed lawyers in more than 150 cities across India. It’s based out of Delhi and allows users to reach out to lawyers via email, phone, video calling and personal meetings. Users can post queries online, get them answered by lawyers and book a consultant for detailed opinion. It has a revenue of around 40 Lakhs a year and have recently received funding of $100,000.
3. Startup Name- VakilsearchFounded In- 2011
Founders- Hrishikesh Datar
Descriptio- Legal is now simple! Vakilsearch is the leading online legal services provider in India. With technologically superior platform they deliver legal services that are affordable and accessible. They do prepare legal documents like franchise agreements, wills, affidavits; get a company or a trademark registration done; handle your tax related matters; deliver quick online get legal advice on any issue ,They are the future of legal services in India. It prepares legal documents for your company, both online and offline. Various other services like Trademark and Patent registration are also offered.
4. Startup Name- IndiaFilingsFounded In- 2013
Founders- Lionel Charles
Description- IndiaFilings.com is committed to helping entrepreneurs and small business owners start, manage and grow their business with peace of mind at an affordable price. There aim is to educate the entrepreneur on the legal and regulatory requirements and be a partner throughout the entire business lifecycle, offering support to the company at every stage to make sure they are compliant and continually growing. IndiaFilings.com has a dedicated team of staff including experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers and Bankers to provide a comprehensive service for small and medium sized enterprises. It provides similar services as VakilSearch, i.e. registration of companies, preparation of legal documents and Intellectual Property related help and has become extremely popular in the recent past. On an average, it helps in the incorporation of over 400 companies and filing of 900 trademark registration each month.
5. Startup Name- VahuraFounded In- 2007
Founders- Ritvik Lukose
Descriptio- It provides job opportunities only for the legal field. Lawyers can upload their CV’s online which are then used by the firms/recruiters who approach this website to recruit their legal team. Its team’s market-making legal recruitment services have helped lawyers and organisations find direction and take flight. They have also expanded their suite of services beyond legal recruitment to include assessment and consulting in relation to legal talent. They do this by helping professionals fulfil their potential by working in the right setting, and help organisations maximise their effectiveness by engaging the right professionals and implement best practices. They are proud of pro bono initiatives that help social impact organisations access legal expertise at affordable or zero cost. Whether you're a professional looking to move to the next level or an organisation looking to build the best legal team, Vahura can help make it happen.
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Manish Banyal is doing BBA from Guru Gobind Singh Indraprastha University. His hobbies are sports, fitness, books, food, photography and travelling.
